Energy, educational exchange, and combating violence are key components of legislation that congressional sponsors hope will increase U.S. influence in the region.
About : Jared Wade
Ahead of the Pack: How Trinidad and Tobago Outpaces Nearshore Competitors in Key Site Selection Criteria
A country that wasn’t on the radar for most multinationals a decade ago is now moving to the front of the pack.
TSTT Launches 4G LTE Mobile Network in Trinidad and Tobago
"Our intention is to roll out this network nationally, at least 85% population coverage over the next few months," said CEO Dr. Ronald Walcott.
Bank Closings Continue to Sweep the United Kingdom
More than 1,000 bank branches have been shuttered in the past two years, with HSBC closing 27% of its branches and Lloyds closing 14%.
Latin American and Caribbean Exports Projected to Fall Again in 2016 – But Rate of Decline Is Slowing
The rate of export decline is slowing, with this projected 6% fall in 2016 being far less than the 15% plummet in 2015.
Trinidad and Tobago Among Regional Leaders in Educational Improvement
Among the 10 Latin American and Caribbean nations tested by the OECD, Trinidad and Tobago ranked fourth behind only Argentina, Chile, and Uruguay.
President Trump Could Quickly Dismantle $1.7 Billion USD in Dodd-Frank Regulations
"Repealing the last $1.9 billion in Dodd-Frank from the Obama administration might be the first step for Congress in a more comprehensive overhaul of the law."
Budding Accountants Are Worried Automation Will Steal Their Jobs
Nearly three-fourths of those looking to enter the accounting field are concerned that automation will make their jobs obsolete.
Trinidad and Tobago Plans to Make Public/Private Partnerships a Larger Part of Infrastructure Development
The benefits for companies come in a plan to “provide 50% tax relief and other appropriate fiscal incentives to businesses."
BBVA Customers Can Now Open an Account with Selfie Identification
“We know our customers value their time and like to do everything through their cell phones," said Cristina de Parias, head of BBVA Spain.
How to Protect Your Financial Data on Black Friday and Cyber Monday
No deal is worth it if the transaction leads to some cyber-thief in Russia emptying your bank account a few hours later.
Q&A: How Unisys’ ClearPath Forward IT Platform Can Help Financial Firms
"Financial institutions that deal with hundreds of thousands of clients and huge money transactions daily can greatly benefit," says Marcel Valverde of Unisys.
Machine Learning Will Transform Finance and Accounting, Says Xero CEO
"As the software gets smarter it just creates more and more opportunities to add value," says Rod Drury of Xero.
Accenture Partners with French VC Firm to Drive Startup Innovation
"This collaboration embodies Partech Ventures’ transatlantic DNA and will enable our B2B portfolio companies around the world to access more prospects," said Partech's Philippe Collombel.
TSTT’s Data Center in Trinidad and Tobago Becomes Global Leader with Rated 3 TIA-942 Certification
"Thanks to its Rated 3 TIA-942 Certification, TSTT has positioned itself among the top data centers worldwide."
KPMG and PwC Were Big Winners at Accounting Awards in London
Nearly three-fourths of CEOs believe that the next three years will be more critical for their industry than the previous 50.
Customer Service Is More Important Than Ever in an Era When Consumers Think Banks Don’t Care
"Succeeding in this new competitive landscape requires a rigorous focus on customer care," says Atul Garg of Protiviti.
Small Islands, Big Data: Charting the Ongoing Growth of Data Centers in Trinidad and Tobago
The data center market is booming the world over. Trinidad and Tobago has been keeping up with the pace and made great strides in recent years.
BBVA and Amazon Web Services Sign Cloud Infrastructure Deal
BBVA is making AWS its "preferred" cloud infrastructure provider to help migrate its workflows to the provider's system.
NICE Earns Certification to Support Microsoft Skype for Business
NICE Trading Recording solution allows financial institutions to use the same secure means to capture calls in their back office that they use on their trading floors.
Deloitte to Open Up $20 Million USD Regional Services Center in Mexico
Deloitte's $20 million investment in Querétaro, Mexico, will create one of its four major regional services centers.
Accenture Buys Allen International to Lead Banks in Digital Transformation
Accenture has bought a company that it believes can allow it to "help banks make the branch a physical manifestation of the digital experience."
UK Actuary Department Publishes Assessment of Blockchain’s Potential
With blockchain, "we may see the financial services industry becoming more streamlined and efficient," says the U.K. actuary department.
Embarrassing Website Outage Ensnares Colombia’s Largest Bank
The downtime was reportedly due to Bancolombia's failure to renew a domain.
New Sandals Resort in Trinidad and Tobago to Add Hundreds of Millions of Dollars to Economy
Finance Minister Colm Imbert: "Over 1,500 employees are expected to be engaged. Hundreds more will be employed in indirect activities."
Rise of the Machines: How Robotic Process Automation Is Changing Outsourcing and Financial Services
Automation is increasingly critical to outsourcing, financial services, and customer service. Blending this technology with the right human talent is the key. “You can never replicate certain decision making,” says Frances Karamouzis of Gartner.
Lloyd’s of London Pulls in $1.9 Billion USD in Profits in First Half of 2016
"The U.K.’s referendum on its E.U. membership is a major issue for us to deal with," says Inga Beale, chief executive of Lloyd's of London.
Bonds Are On Pace for a Record Year
The current issuance rate is not only outpacing every year since the financial crisis — but it is besting the all-time high bond year of 2006.
Should Other Banks Be Worried About Elizabeth Warren’s Tough Talk Against Wells Fargo?
"We put industry clearly on notice," said Richard Cordray after CFPB's historic fine against Wells Fargo.
People Are Complaining About Their Banks Much More than Last Year
Compared to 2015, complaints related to bank accounts are up 26%, jumping to 2,400 complaints per month versus less than 1,900 last year.
Facebook Introduces Messenger Payment Option
TechCrunch notes that Facebook "is working with all the major players in the industry including Stripe, PayPal, Braintree, Visa, MasterCard and American Express."
Bank of America, JPMorgan, RBS, and BBVA Highlight Fintech Awards in 2016
Banking Technology will be handing out its Banking Technology Awards 2016 in December at Tower Hotel in London
Wearing Brown Shoes Might Cost You a Bank Job in London
For those looking to get into a top U.K. bank, "the wearing of brown shoes with a business suit is generally, though not always, considered unacceptable," says a new study.
Brentwood Town Centre Is Bringing Another Business Cluster to Trinidad and Tobago
Tamana InTech Park opened in 2014 and now another major development is adding even more choice for companies that want to set up an office in Trinidad and Tobago.
Cyber-Insurance Premiums Reached At Least $1 Billion USD in 2015
AIG), Chubb, and XL Group led the way in term of cyber-insurance premium volume, issuing 22%, 12%, and 11% of the market, respectively.
Opportunity Knocks: Millennials Want Better Financial Advice
Although only 21% of Millennials have a financial advisor, a whopping 72% say they are interested in receiving professional guidance.
Lending and Credit Growth Still Booming Throughout Developed Economies
"Credit demand has remained fairly strong, consistent with robust investment growth," says Michael Pearce of Capital Economics.
SWIFT Takes Heat Over Security Lapses Following Series of Bank Heists
Amid questions of its commitment to security, SWIFT seems to be realizing that it must start protecting its reputation along with its system.
Infosys Loses Major Contract with RBS During an Already-Difficult Year
After the loss of a $300 million USD deal in an already-troubling year, Infosys has some work to do to make up for a big hole in its balance sheet.
Cargo Consolidators Is Exploring Drone Shipping in Trinidad and Tobago to Improve Logistics
Cargo Consolidators Agency Limited, a logistics company based in Trinidad and Tobago, is exploring a partnership with AeroLift eXpress on drone technology.
Increasing Competition Is Leading to More Connectivity and Lower Prices in Trinidad and Tobago
Trinidad and Tobago is the jewel of the Caribbean when it comes to telecom infrastructure and connectivity, and the nation is currently benefitting from increased competition.
Barclays Introduces Voice Biometrics for Telephone Banking Security
A person's voice pattern is as unique as their fingerprint, so Barclays is ditching security passwords in favor of voice biometrics.
RBS Abandons Plan to Spin Off Williams & Glyn Amid £2 Billion Losses So Far in 2016
Overall, the Edinburgh-based bank spent some £1.4 billion on an IT system for W&G, which it will now try to sell off instead of developing.
CIOs Are Driving Corporate IT Resource Migration to the Cloud
A new survey reveals that, in nearly three-fourths (72%) of all enterprises, the CIO is the person leading migration to the cloud.
SWIFT Adds First Two Indian Banks to Its Global Payments Innovation Initiative
SWIFT added two Mumbai-headquartered banks, ICICI Bank and Axis Bank, to its global payments innovation initiative this week.
Enterprise 2.0: Digital Transformations Are Best Cooked Over Low Heat
An optimal digital transformation is something best achieved with patience — cooking little by little — and down-to-earth goals.
The Financial Services Industry Leads the Way on Adoption of Encryption
Amid record encryption uptake among all companies, those in the financial services industry now have the highest adoption rate at 56%.
Asset Managers Are Warming to Emerging Markets as Banks Continue Their Rally
"Chinese banks dominate the list of stocks at the largest discount vs. historical valuations," according to Citi analysts.
PayPal Takes a Hit After Announcing New Partnership with Visa
The profit downside to PayPal is what investors are focusing on, with the company's shares down more than 9% in intraday trading.
Trinidad & Tobago Proves Its Case as a BPO Destination with Inaugural 2-Day Summit
Based upon the reactions of attendees to the TTIFC International Outsourcing Summit 2016, the world is starting to see Trinidad and Tobago's potential as a BPO destination.