March 3, 2021

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 […]

What is blockchain technology? A step-by-step guide for beginners

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By Ameer Rosic From Blockgeeks Is blockchain technology the new internet? The blockchain is an undeniably ingenious invention – the brainchild of a person or group of people known by the pseudonym, Satoshi Nakamoto. But since then, it has evolved into something greater, and the main question every single person is asking is: What is […]

Hong Kong urges greater AML and KYC effort after Panama leak

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By Monira Matin From International Adviser Banks and financial institutions in Hong Kong must “strictly comply” with existing money laundering laws requiring them to disclose the identities of their customers and what they intend to do with their money. The move comes after the city was named the “top centre for secretive offshore financial services” […]

FATCA is here but are systems fit for purpose?

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The introduction of additional layers of complex regulation has led to financial institutions deploying a variety of systems to deal with new processes and procedures in order to remain compliant. In the article below, Chris Eaton of Blue Bison Software considers the challenges facing businesses in relation to information being held in multiple data repositories […]