GOING cashless could reduce crime, provide greater financial inclusion, and help economic activity to be better measured, according to an economist lecturer. “There’s money in the economy that we don’t necessarily know, so…
Category: Business & Economy
Security and fraud prevention
MOVING into a digital society with a population that is not cyber aware or cyber secure can open up the potential for more cyber fraud attacks. “When it comes to cyber securing, phishing…
Electronic payments lacking interoperability
MOBILE wallet and payment systems are still lacking on the interoperability side but are winning financial inclusion for the unbanked. As more electronic payment and wallet systems come on-stream, the question of how…
NCBFG dividend drought
COME the end of this month, it will be two years since NCB Financial Group Limited (NCBFG) last paid a dividend to its shareholders whose reliance on the financial conglomerate’s previously consistent payments…
JSE capital markets conference heads to Dom Rep
For two days, June 7 and 8, the Jamaica Stock Exchange, JSE, will be in the Dominican Republic in downtown Santo Domingo to attract the attention of investors in that country and facilitate…
Are you ready to go cashless?
JAMAICA’S potential to become a cashless society is determined by an ecosystem requiring all efforts from the Government, businesses and consumers, according to one technology expert. Dushyant Savadia, CEO of the Amber Group…
Innovate to excel
Over 200 girls, aged 13 to 16 years, left Flow’s recent Girls in ICT Expo feeling motivated and ready to innovate. The event provided students from across the island with a unique opportunity…
Island Grill succession
A pandemic can change perspective. And for Thalia Lyn, the past chief executive, deputy chair and founder of food service company Island Grill Group, that meant a recalibration about who to hand over…
Dolphin Cove pouring new investments into Lucea, Yaaman Parks
Marine park operator Dolphin Cove Limited is advancing plans for the expansion of two parks, on the heels of what has been its best annual performance in its 22-year history, and expectations of…
Century to pump up to US$20m into ‘restore Jamalco’ project
The new majority owner of the Jamalco alumina refinery intends to pump up to US$20 million of capital into the operation, which it expects to return to profit by September. “With respect to…