June 16, 2021

Online-only banking is the future of managing money — here’s how to get started

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By Eric Rosenberg From Business Insider The Insider Picks team writes about stuff we think you’ll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. These days, it’s easier than ever to handle all your banking needs without ever visiting a branch. With the ability to deposit checks by […]

Blockchain Milestone: CariNet Will Introduce National Nodes

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NEWS PROVIDED BY CariNet CAYMAN ISLANDS, May 11, 2018 /PRNewswire/ — CariNet, also known as the Caribbean Digital Finance and Free Trade System, has been officially launched, applying blockchain technology to help the Caribbean FTA member countries to build digital payment and digital financial infrastructures in order to build a platform for international trade. To […]

Guyana: Bank employees, policemen charged following attempted bank robbery

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From Caribbean News Service GEORGETOWN, Guyana, Jul 16 2017 – Five men, including two bank employees and two policemen, were slapped with charges of attempted robbery and gun and ammunition possession when they appeared in court on Friday following the July 4 attempted robbery at Republic Bank. During the lengthy bail hearing, the five men – […]

Caribbean Air Traffic Management

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Remarks of CANSO Director General, Jeff Poole, at the CANSO Latin America and Caribbean Conference, San José, Costa Rica, 6 December 2016 Introduction: the state of the ATM industry Welcome to Costa Rica for the eighth CANSO Latin America and Caribbean Conference. It is always a pleasure to be in this exciting region. It is […]

Barclays’ new ATMs let you withdraw money with your phone

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By Matt Brian From engadget Contactless technology is, we’re told, destined to replace physical currency. In the meantime, you’ll soon be able to use your phone to withdraw cash from an ATM — if you’re with Barclays that is. The banking giant announced today that it’s in the process of rolling out new in-branch cash […]

Cayman Islands police arrest suspect in suspicious ATM activity

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From RCIPS: Wed, Sep 28, 2016 at 10:15 AM Yesterday afternoon, 27 September, FCU detectives arrested a man, age 35, of Bulgaria, on suspicion of money laundering in connection with the incidents over the weekend described below. The man is in Police Custody. Tuesday, September 27, 2016 9:46 AM The RCIPS FCU Warns of Suspicious […]

Traditional banks may be in trouble due to digital banking

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By BI Intelligence From Business Insider The BI Intelligence Content Marketing Team covers news & research we think you would find valuable. More millennials are moving toward digital banking, and as a result, they’re walking into their banks’ traditional brick-and-mortar branches less often than ever before. This generation accounts for the greatest share of the U.S. population […]

Jamaica: ABUSE OF POWER? – DPP under fire for stopping trial before judge could rule on no-case submission

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From The Gleaner Jamaica Director of Public Prosecutions (DPP) Paula Llewellyn is facing heavy flak over her decision to stop a trial shortly before a judge was scheduled to give a ruling on a no-case submission. Llewellyn’s decision has been met with sharp criticisms in legal circles, with some persons claiming that this could represent […]

FCU Advisory: Card skimming and online scams operating in Cayman Islands

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From RCIPS The RCIPS Financial Crimes Unit is advising the public to beware of certain financial scams, namely card skimming and online scams, that become more frequent due to the increase in financial activity, and especially online purchasing, during the holiday period.  It is important for the public to be on the alert when conducting […]

Cyber criminals – a growing concern in the Caribbean region

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By James Bynoe, CEO Caribbean Cyber Security Center www.caribbeancsc.com The Caribbean Cyber Security Center (CCSC) continues to urge the Caribbean region to take the growing threat from cyber criminals and hackers seriously. CCSC estimates that on a frequent basis, Caribbean businesses, organisations, governments and homes are targeted and scanned for information system weaknesses and vulnerabilities […]