Island Pay promotes Fintech education at SUCCESS SUMMIT 2021
Nassau, Bahamas (December 1, 2021): On Saturday, December 4, 2021, Jeffrey Beckles, Managing Director at Island Pay, will speak to high school students about personal budgeting and the growth of fintech in The Bahamas at [...]
Sand Dollar CBDC – #1 Most Influential Project of 2021 in Finance
The people and businesses of the Bahamas are spread across roughly 30 islands in the Caribbean—and the nation’s banking system is just as fractured as its geography. With a declining number of brick-and-mortar banks, the [...]
Island Pay and Bahama Eats partner to make Sand Dollar the world’s first Central Bank Digital Currency (CBDC) to be used for national payroll
(Nassau, Bahamas – October 4, 2021) Island Pay, one of the world’s leading digital currency technology companies, and Bahama Eats, the country’s largest on-demand food delivery service, have announced a partnership that will see The [...]
Financial services to prosper from increased collaboration
RAPIDLY EVOLVING expectations and digitalisation are creating enormous challenges for the financial services industry. But they also represent tremendous opportunities for collaboration between central banks and fintech companies. Increasingly, traditional banks and fintechs have come [...]
The Tribune – Digital Provider Targets $100m In Payments
By NEIL HARTNELL #Tribune Business Editor #nhartnell[email protected] A Bahamian digital payments provider yesterday said it expects to increase the collective value of transactions it processes by 67 percent this year to $100m as it [...]
Caribbean central banks forge ahead with digital currencies
Robin Arnfield Two Caribbean central banks have introduced central bank digital currencies, overtaking developed countries which are still at the investigation stage. An underbanked sparse population, spread over many islands, makes the Caribbean an [...]