10/22/2020
Where Have All The Robos Gone?
Build it and they will come.
FinTech
10/21/2020
The Bahamas launches world’s first CBDC, the ‘Sand Dollar’
This makes The Bahamas one of the first countries in the world to officially launch a CBDC beyond a pilot program.
10/20/2020
Mauritius Africa FinTech Hub gears up for its 2nd year anniversary
MAFH has been joined by new members and partners in this journey, made new connections across the globe, and is looking forward to the next year with even more optimism.
10/19/2020
Continuum named Alteryx Partner of the Year for UK and Northern Europe
The awards ceremony was streamed online from California with 500 partners and the Continuum team attended virtually from their offsite day at The Atlantic Hotel, Jersey.
10/15/2020
MCB hosts debate on payments: performance in a low touch economy
Stephanie noted that contactless payments are scaling, and revealed that MCB had seen a 50% increase in transactions and 4x the use in supermarkets in Mauritius
10/14/2020
FIMBank incorporates AML monitoring tech from Fiserv
These solutions utilise sophisticated techniques such as behavioral analytics to detect suspicious transactions, leading to more accurate financial crime risk management and fewer false positives.
10/14/2020
OECD to release crypto tax-reporting framework in 2021
The OECD aims to ensure tax transparency with respect to crypto assets and the income derived from the sale of these types of assets.
10/14/2020
Cryptocurrencies and asset protection trusts in the Cayman Islands
The specific structures on offer in this jurisdiction helpfully address many of the practical considerations which are relevant when establishing a TPW structure to hold cryptocurrencies, and are supported by highly skilled service providers on island.
10/13/2020
Enhance Group announces shareholder buyout
This announcement is hot on the heels of Enhance’s sale of MPI
10/12/2020
Buy Bitcoin in Bermuda with National Bank Transfer
Most people who invest in bitcoin are aware of how difficult banking in Africa, North America, South America, Antarctic, Asia, Europe and Oceania has been.
10/12/2020
JN Launches UK Bank
JN received its UK banking licence on December 12, 2019, banking licence in the United Kingdom that will both allow the bank to do business there and provide cross-border banking services to group members.
10/09/2020
CrossTower exchange receives license to operate in Bermuda
International license to aid in CrossTower’s mission to mainstream digital asset investing and trading on a global scale
10/07/2020
BMA publishes cyber code of conduct for insurance
The Bermuda Monetary Authority has published the Insurance Sector Operational Cyber Risk Management Code of Conduct to establish duties, requirements, standards, procedures, and principles for insurers and intermediaries operating in the cyber market.
10/06/2020
New IDB Chief of Operations calls for digital and technology change
These new technologies will allow government and businesses to generate new interactions, new types of data, new behaviours, new opportunities, and new services and products.
10/06/2020
Estate Planning for the Cryptocurrency Investor
Cryptocurrencies are not be confused with traditional forms of digital fiat currencies, such as The Bahamas’ very own central bank backed and regulated Sand Dollar.
10/06/2020
Rebuilding after ‘software ate the world’
The impact that these trends have had at both an economic level and from a financial market perspective are profound, with any shift to ‘rebuilding’ potentially having equally important implications.
10/05/2020
Blockchain and sustainability event planned for start of Bermuda Technology Week
As part of the event, on October 13 Penrose will host a pitch competition for upcoming industry leaders in the blockchain space in partnership with angel and entrepreneur network, BitAngels.
10/01/2020
Central Bank Digital Currency: An Argument For A Cashless Society?
As important as having money it became equally important to have means by which money could be transferred instantly and in real time.
10/01/2020
Bittrex Sets Up New Cryptocurrency Exchange in Bermuda
The launch of Bittrex’s subsidiary in Bermuda comes shortly after it terminated its services for the users in seven countries.
10/01/2020
Mauritius chosen as ITU Centre of Excellence in Cybersecurity
The launching was followed by the first online training on Cybersecurity Risk Management, free of charge, for some 128 participants from 59 countries, including Mauritius.