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FinTech

06/30/2021

Government not paying "fair share" for data protection authority

In 2020, JOIC registered 7,780 businesses that hold personal data, it handled 486 cases, up from 2019’s 384.

06/29/2021

Binance fallout sees demise of European crypto exchange in Jersey

More general reaction to the UK regulator Financial Conduct Authority's warning to consumers that Binance Markets Limited is not permitted to undertake regulated activities in the UK has flooded in from across the financial services industry.

06/29/2021

After a year that disrupted the industry, global rankings show that fintech is thriving

The report also shows that significant investment came into the sector during the year.

06/28/2021

When your company gets hacked, will you be prepared?

Cybersecurity complacency is a growing problem in corporate boardrooms globally.

06/28/2021

Circle Debuts Crypto Yield And Treasury Program In Bermuda

The broadening of BMA’s oversight to include Circle shows the increase in what kinds of institutional capital formation are possible in Bermuda, according to the release.

06/25/2021

JT sells its digital technology business

JT will continue to benefit from this growth by supplying services to the new company and retaining a minority stake in it.

06/22/2021

Cryptocurrencies, central banks, and the Caribbean

The idea is that the government will guarantee convertibility to dollars at the time of transaction through a US$150mn trust fund created at the country’s development bank BANDESAL.

06/20/2021

Cryptocurrencies, central banks and the Caribbean

“Policymakers have the potential to completely change the way business is conducted,” she stresses.

06/17/2021

Cyber attacks increasing in Cayman

Digital Hub boss urges businesses, community to beef up internet security protocols

06/15/2021

HSCM Bermuda has participated in a series C funding

Embroker will use the capital to expand into a full-stack insurtech by building its own insurance carrier.

06/15/2021

Leveraging Open APIs to build your digital ecosystem

There are mutual advantages of adopting an open API architecture

06/11/2021

Should Cayman introduce its own digital currency?

All these factors have to be considered, Dukharan said, but potential risks could be mitigated through the appropriate design of the digital money.

06/09/2021

The Channel Islands leading the way for Fintech in the Private Capital market space

This is resulting in an increasing number of dedicated Fintech funds supported by specialized investment professionals as investors seek access to this expertise and ultimately returns.

06/09/2021

Jersey firm launches alternative digital banking platform

A Jersey-based FinTech firm is celebrating ten years in business by launching an alternative banking platform.

06/08/2021

Cayman Banks’ local clearing house suffers malware attack

Company says no customer data affected

06/08/2021

PWC: Cayman is the world's top crypto hedge fund jurisdiction

The report, the companies’ third annual research report into global crypto hedge funds, highlights that the fund managers themselves are located elsewhere.

06/08/2021

Cyber predators on the rise in Cayman

Issues include sextortion, targeting kids on social media

06/06/2021

Ed Bermuda launches digital client portal

Wage & hour liability insurance is handled within the Bermuda marketplace; Argo has been at the forefront of innovation in this space.

06/01/2021

40% increase in local businesses shifting to BOV’s Batch-Payments

Let’s say a company with 50 employees shifts its monthly salary payments from cheques to digital payments.

05/28/2021

Jersey based company launches new alternative digital banking platform

The company, celebrating its 10 th anniversary this month, is also rebranding from eWealthGlobal to EWG.

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