Managers of Wealth Offshore

MFSA again warns about Binance, the world's largest cryptocurrency exchange

Financial regulator distances itself from company

Jersey fintech MYCDD partners with IDnow to deliver advanced due diligence solution

The full process only takes a few minutes and ensures seamless usability.

The role of digital currencies in the new era of open financeThe role of digital currencies in the new era of open finance

They should also conduct stress tests regarding payment habits to ascertain how a CBDC can perform reliably in extreme situations such as the coronavirus pandemic.

UBS Advises 'Stay Clear' of Cryptocurrencies — Warns 'Regulators Will Crack Down on Crypto'

The global wealth management team at UBS warned in a note published last week that regulators worldwide, particularly the U.S. and the U.K., will impose tougher cryptocurrency regulations.

TrustQuay launches fully automated onboarding solution for trust and corporate service providers

Proof of address documents are then scanned, with the underlying system verifying address using APIs to access credit reference agencies and other databases.

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.

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.

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.

When your company gets hacked, will you be prepared?

Cybersecurity complacency is a growing problem in corporate boardrooms globally.

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.

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.

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.

Cryptocurrencies, central banks and the Caribbean

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

Cyber attacks increasing in Cayman

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

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.

Leveraging Open APIs to build your digital ecosystem

There are mutual advantages of adopting an open API architecture

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.

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.

Jersey firm launches alternative digital banking platform

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

Cayman Banks’ local clearing house suffers malware attack

Company says no customer data affected