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	<title>CaribPR Wire &#187; Banking/Financial Services</title>
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		<title>Afreximbank Deepens Engagement with Jamaica to Drive Trade, Investment and Industrialisation</title>
		<link>https://caribpr.com/afreximbank-deepens-engagement-with-jamaica-to-drive-trade-investment-and-industrialisation/</link>
		<comments>https://caribpr.com/afreximbank-deepens-engagement-with-jamaica-to-drive-trade-investment-and-industrialisation/#comments</comments>
		<pubDate>Fri, 05 Jun 2026 12:55:57 +0000</pubDate>
		<dc:creator>caribpr</dc:creator>
				<category><![CDATA[Banking/Financial Services]]></category>
		<category><![CDATA[#afreximbank]]></category>
		<category><![CDATA[#jamaicanews]]></category>

		<guid isPermaLink="false">https://caribpr.com/?p=16520</guid>
		<description><![CDATA[
Afreximbank remains committed to supporting increased intra-Caribbean and Africa-Caribbean trade by improving access to trade finance, investment capital and advisory support




KINGSTON, Jamaica, June 5, 2026 /PRNewswire/ &#8212; In a move to highlight the strategic importance of the Jamaican market within the Caribbean and the country&#8217;s growing role in regional trade and investment, the African Export-Import [...]]]></description>
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<p style="TEXT-ALIGN: center">Afreximbank remains committed to supporting increased intra-Caribbean and Africa-Caribbean trade by improving access to trade finance, investment capital and advisory support</p>
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<p><span class="legendSpanClass">KINGSTON, Jamaica</span>, <span class="legendSpanClass">June 5, 2026</span> /PRNewswire/ &#8212; In a move to highlight the strategic importance of the Jamaican market within the Caribbean and the country&#8217;s growing role in regional trade and investment, the African Export-Import Bank (Afreximbank or the Bank) (<a style="COLOR: blue" href="https://apo-opa.co/4uQsQF7" target="_blank">www.Afreximbank.com</a>) undertook an inaugural roadshow in Kingston, Jamaica, on 2 June 2026.</p>
<p>Organised under the theme, &#8220;Empowering Jamaica&#8217;s Growth: Catalysing Trade, Investment and Industrialisation through Tailored Afreximbank Solutions,&#8221; the roadshow built on the momentum generated by Jamaica&#8217;s signing of Afreximbank&#8217;s Partnership Agreement in July 2025 and the subsequent approval by the Bank&#8217;s Board of Directors of a US$5 billion financing facility for the Caribbean, including Jamaica.</p>
<p>The roadshow attracted strong participation from Jamaica&#8217;s business community. It provided an opportunity to raise awareness of Afreximbank&#8217;s mandate, mission and vision among key stakeholders in Jamaica, including government representatives, private sector leaders and financial institutions. It also served as a platform to introduce the Bank&#8217;s suite of financing, trade facilitation and investment solutions to the Jamaican market for the first time.</p>
<p>In addition, the engagement enabled the Afreximbank delegation to gain valuable insights into Jamaica&#8217;s trade and development priorities, investment opportunities, financing needs and business environment. These interactions have further strengthened the Bank&#8217;s understanding of the Jamaican market and will help inform the development of tailored solutions to support the country&#8217;s economic growth and trade ambitions.</p>
<p>The keynote address was delivered by Hon. Fayval Williams, Minister of Finance and the Public Service. In her remarks, Minister Williams stated: &#8220;We understand that, for more than three decades, Afreximbank has been delivering financing solutions that support trade and drive economic growth across Africa. Its reach now extends beyond the continent&#8217;s shores, with the Bank establishing a growing presence in the Caribbean. It is clear that the partnership between Afreximbank and Jamaica continues to strengthen. I therefore encourage all Jamaican institutions represented here today to deepen their engagement with Afreximbank so that, together, we can unlock greater opportunities for two-way trade and investment between Jamaica and Africa.&#8221;</p>
<p>Also, speaking at the event, Mr. Eric Monchu Intong, Afreximbank&#8217;s Group Managing Director, Client Relations and Regional Office Operations, highlighted the Bank&#8217;s experience in supporting tourism and hospitality development across Africa and the Caribbean. He said: &#8220;At Afreximbank, we believe that industrialisation is the foundation of sustainable trade and economic transformation. To trade successfully with Global Africa, we must first produce. Through investments in industrial parks, special economic zones and local manufacturing, Jamaica has an opportunity to reduce import dependence, increase value-added exports, create jobs and strengthen its economic resilience. This approach has delivered results across 18 African countries, where Afreximbank has supported the development of industrial parks and special economic zones through initiatives such as its US$450 million global credit facility with ARISE IIP, alongside critical trade finance support to businesses across the continent. We believe these lessons and solutions can be adapted to support Jamaica&#8217;s industrial growth ambitions and unlock new opportunities for trade, investment and economic development.&#8221;</p>
<p>Afreximbank remains committed to supporting increased intra-Caribbean and Africa-Caribbean trade by improving access to trade finance, investment capital and advisory support. The roadshow underscored the Bank&#8217;s commitment to advancing the Global Africa agenda and strengthening economic and commercial ties between Africa and the Caribbean.</p>
<p>Distributed by APO Group on behalf of Afreximbank.</p>
<p>Download Image: <a style="COLOR: blue" href="https://apo-opa.co/4at3Yes" target="_blank">https://apo-opa.co/4at3Yes</a> (L-R: Hon. Fayval Williams, Minister of Finance and the Public Service and Mr. Eric Monchu Intong, Afreximbank&#8217;s Group Managing Director, Client Relations and Regional Office Operations)</p>
<p>Follow us on:<br />
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<p>About Afreximbank:<br />
African Export-Import Bank (Afreximbank) is a Pan-African multilateral financial institution mandated to finance and promote intra- and extra-African trade. For over 30 years, the Bank has been deploying innovative structures to deliver financing solutions that support the transformation of the structure of Africa&#8217;s trade, accelerating industrialisation and intra-regional trade, thereby boosting economic expansion in Africa. A stalwart supporter of the African Continental Free Trade Agreement (AfCFTA), Afreximbank has launched a Pan-African Payment and Settlement System (PAPSS) that was adopted by the African Union (AU) as the payment and settlement platform to underpin the implementation of the AfCFTA. Working with the AfCFTA Secretariat and the AU, the Bank has set up a US$10 billion Adjustment Fund to support countries effectively participating in the AfCFTA. At the end of December 2025, Afreximbank&#8217;s total assets and contingencies stood at over US$48.5 billion, and its shareholder funds amounted to US$8.4 billion. Afreximbank has investment grade ratings assigned by China Chengxin International Credit Rating Co., Ltd (CCXI) (AAA), GCR (A), Japan Credit Rating Agency (JCR) (A-), and. Moody&#8217;s (Baa2). Afreximbank has evolved into a group entity comprising the Bank, its equity impact fund subsidiary called the Fund for Export Development Africa (FEDA), and its insurance management subsidiary, AfrexInsure (together, &#8220;the Group&#8221;). The Bank is headquartered in Cairo, Egypt.</p>
<p>For more information, visit: <a style="COLOR: blue" href="https://apo-opa.co/4o7tlrY" target="_blank">www.Afreximbank.com</a></p>
<p>Dissemination of a CORPORATE NEWS, transmitted by <a style="COLOR: blue" href="https://www.eqs.com/" target="_blank">EQS Group</a>.<br />
The issuer is solely responsible for the content of this announcement.</p>
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		<title>Afreximbank Deepens Commitment to Economic Progress in The Bahamas</title>
		<link>https://caribpr.com/afreximbank-deepens-commitment-to-economic-progress-in-the-bahamas/</link>
		<comments>https://caribpr.com/afreximbank-deepens-commitment-to-economic-progress-in-the-bahamas/#comments</comments>
		<pubDate>Tue, 02 Jun 2026 12:26:53 +0000</pubDate>
		<dc:creator>caribpr</dc:creator>
				<category><![CDATA[Banking/Financial Services]]></category>
		<category><![CDATA[#afreximbank]]></category>
		<category><![CDATA[Bahamas]]></category>

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		<description><![CDATA[
The roadshow which took place under the theme &#8220;Investing in progress through the implementation of the Afreximbank mandate in The Bahamas&#8221; built on the current achievements between the Bank and The Bahamas




CAIRO, June 2, 2026 /PRNewswire/ &#8212; African Export-Import Bank (Afreximbank) (www.Afreximbank.com) held a high-level roadshow in Nassau, The Bahamas, on 29 May, aimed at [...]]]></description>
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<p style="TEXT-ALIGN: center"><span style="font-style: italic;">The roadshow which took place under the theme &#8220;Investing in progress through the implementation of the Afreximbank mandate in The Bahamas&#8221; built on the current achievements between the Bank and The Bahamas</span></p>
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<p><span class="legendSpanClass">CAIRO</span>, <span class="legendSpanClass">June 2, 2026</span> /PRNewswire/ &#8212; African Export-Import Bank (Afreximbank) (<a style="COLOR: blue" href="https://apo-opa.co/4ehGxHi" target="_blank">www.Afreximbank.com</a>) held a high-level roadshow in Nassau, The Bahamas, on 29 May, aimed at deepening engagement with key stakeholders and businesses across the government, the private sector, and financial institutions across the country.</p>
<p>Organised as part of the Bank&#8217;s broad strategy to strengthen trade, investment, and economic cooperation between Africa and the Caribbean, the roadshow which took place under the theme &#8220;<em>Investing in progress through the implementation of the Afreximbank mandate in The Bahamas</em>&#8221; built on the current achievements between the Bank and The Bahamas to explore more opportunities for shared prosperity.</p>
<p>The roadshow follows an approval by the Board of Directors of Afreximbank of a financing facility of up to US$ 5-billion for the Caribbean region, including The Bahamas. This approval signals Afreximbank&#8217;s commitment to advancing the objectives of the Global Africa agenda by strengthening commercial and financial ties between Africa and the Caribbean.</p>
<p>The event was officiated by the Honourable Philip Davis, Prime Minister of The Bahamas and well attended by the business community in The Bahamas, provided a platform for Afreximbank to showcase its suite of financing, advisory and trade facilitation solutions available to businesses and institutions in The Bahamas and to foster stronger institutional partnerships.</p>
<p>Speaking at the roadshow, the Prime Minister said: &#8220;<em>Economic growth must translate into broader economic participation, ensuring that more Bahamians have the chance to build businesses, create jobs, and share in the country&#8217;s progress. We have made some progress in this area, but continuing to strengthen access to capital through institutions such as the Afreximbank is an important part of our ongoing efforts</em>.&#8221;</p>
<p><em>&#8220;This roadshow also reminds us of the importance of regional and international cooperation at a time when many economies are navigating uncertainty,&#8221; </em>he added.</p>
<p>While making his opening remarks, Mr. Ihejirika said: &#8220;<em>In less than three years of operations within the CARICOM, Afreximbank has demonstrated a strong commitment to economic development in the region, especially in The Bahamas by supporting key projects across critical sectors. To date, the Bank has facilitated approximately USD 140 million in infrastructure financing through Public-Private Partnership (PPP) arrangements, while also extending USD 30 million in support to the small and medium-sized enterprise (SME) sector. These investments underscore Afreximbank&#8217;s mandate to drive sustainable growth, enhance economic resilience, and expand opportunities for businesses and communities throughout The Bahamas.&#8221;</em></p>
<p>Other notable speakers who attended the event include Honourable Michael B. Halkitis, Minister of Finance and Honourable Ginger M. Moxey, Minister of Grand Bahama, Mr. Atario Mitchell, President, Bahamas Stripping Group of Companies and Mr. Kino Simmons, Managing Director CAT Island Development Company.</p>
<p><em>Distributed by APO Group on behalf of Afreximbank.</em></p>
<p><em>Download Image 1: </em><br />
<a style="COLOR: blue" href="https://apo-opa.co/4o1IECA" target="_blank"><br />
<em>https://apo-opa.co/4o1IECA</em><br />
</a></p>
<p><em>Download Image 2: </em><br />
<a style="COLOR: blue" href="https://apo-opa.co/3RFTcLy" target="_blank"><br />
<em>https://apo-opa.co/3RFTcLy</em><br />
</a></p>
<p><em>Caption &#8211; L-R: Honourable Michael B. Halkitis, Minister of Finance, The Bahamas, Mr. Okechukwu Ihejirika, Ag. Regional Chief Operating Officer, Afreximbank Caribbean Office, Honourable Philip Davis, Prime Minister of The Bahamas and Honourable Ginger M. Moxey, Minister of Grand Bahama</em><br />
<strong>Follow us on:</strong></p>
<p>X: <a style="COLOR: blue" href="https://apo-opa.co/4x94x7d" target="_blank">https://apo-opa.co/4&#215;94x7d</a><br />
Facebook: <a style="COLOR: blue" href="https://apo-opa.co/4vfhVVo" target="_blank">https://apo-opa.co/4vfhVVo#</a><br />
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Instagram: <a style="COLOR: blue" href="https://apo-opa.co/49xJHnK" target="_blank">https://apo-opa.co/49xJHnK</a></p>
<p><strong>About Afreximbank:</strong></p>
<p>African Export-Import Bank (Afreximbank) is a Pan-African multilateral financial institution mandated to finance and promote intra- and extra-African trade. For over 30 years, the Bank has been deploying innovative structures to deliver financing solutions that support the transformation of the structure of Africa&#8217;s trade, accelerating industrialisation and intra-regional trade, thereby boosting economic expansion in Africa. A stalwart supporter of the African Continental Free Trade Agreement (AfCFTA), Afreximbank has launched a Pan-African Payment and Settlement System (PAPSS) that was adopted by the African Union (AU) as the payment and settlement platform to underpin the implementation of the AfCFTA. Working with the AfCFTA Secretariat and the AU, the Bank has set up a US$10 billion Adjustment Fund to support countries effectively participating in the AfCFTA. At the end of December 2024, Afreximbank&#8217;s total assets and contingencies stood at over US$40.1 billion, and its shareholder funds amounted to US$7.2 billion. Afreximbank has investment grade ratings assigned by GCR (international scale) at &#8220;Stable&#8221;, Moody&#8217;s (Baa2), China Chengxin International Credit Rating Co., Ltd (CCXI) (AAA), and Japan Credit Rating Agency (JCR) (A-). Afreximbank has evolved into a group entity comprising the Bank, its equity impact fund subsidiary called the Fund for Export Development Africa (FEDA), and its insurance management subsidiary, AfrexInsure (together, &#8220;the Group&#8221;). The Bank is headquartered in Cairo, Egypt.</p>
<p>For more information, visit: <a style="COLOR: blue" href="https://apo-opa.co/4ehGxHi" target="_blank">www.Afreximbank.com</a></p>
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		<title>PayPal Brings PayPal USD to Users Across 70 Markets</title>
		<link>https://caribpr.com/paypal-brings-paypal-usd-to-users-across-70-markets/</link>
		<comments>https://caribpr.com/paypal-brings-paypal-usd-to-users-across-70-markets/#comments</comments>
		<pubDate>Wed, 20 May 2026 15:36:32 +0000</pubDate>
		<dc:creator>caribpr</dc:creator>
				<category><![CDATA[Banking/Financial Services]]></category>
		<category><![CDATA[#paypal]]></category>

		<guid isPermaLink="false">https://caribpr.com/?p=16515</guid>
		<description><![CDATA[Now accessible to millions of PayPal consumers and merchants, PayPal USD helps provide stable purchasing power and enable lower-cost global commerce



May Zabaneh, Senior Vice President and General Manager of Crypto PayPal

 

May Zabaneh, Senior Vice President and General Manager of Crypto PayPal


PayPal USD (PYUSD)

 

PayPal USD (PYUSD)



CARIBPR WIRE, SAN JOSE, Calif., May  20, 2026: [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: center;"><span style="font-size: 1em;"><strong>Now accessible to millions of PayPal consumers and merchants, PayPal USD helps provide stable purchasing power and enable lower-cost global commerce</strong></span></p>
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<h5>May Zabaneh, Senior Vice President and General Manager of Crypto PayPal</h5>
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<div><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/16cadb19-fec1-4095-8a96-f57f9525d957/en" target="_blank"><img src="https://ml.globenewswire.com/media/16cadb19-fec1-4095-8a96-f57f9525d957/medium/may-zabaneh-senior-vice-president-and-general-manager-of-cry.jpg" alt="" /> </a></div>
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<h5>May Zabaneh, Senior Vice President and General Manager of Crypto PayPal</h5>
</div>
<div>
<h5>PayPal USD (PYUSD)</h5>
</div>
<div><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/6d8c1ef1-bf88-4f4d-9b3c-f50647c0847b/en" target="_blank"><img src="https://ml.globenewswire.com/media/6d8c1ef1-bf88-4f4d-9b3c-f50647c0847b/medium/paypal-usd-pyusd.jpg" alt="" /> </a></div>
<div>
<h5>PayPal USD (PYUSD)</h5>
</div>
</div>
</div>
<p>CARIBPR WIRE, SAN JOSE, Calif., May  20, 2026: PayPal today announced it is making PayPal USD (PYUSD) available in 70 markets worldwide in the PayPal account. This dollar-backed stablecoin enables users to send funds globally, with faster settlement and lower cost than traditional payment methods.</p>
<p>As global commerce becomes increasingly digital, individuals and businesses are looking for faster and more seamless ways to transact across borders. Stablecoins like PYUSD help power an inclusive, fast, lower cost,global commerce system.</p>
<p>&#8220;Consumers and businesses around the world are looking for faster, more seamless ways to transact globally and the current system still charges too much, takes too long, and settles on timelines that were designed for a different era,&#8221; said May Zabaneh, Senior Vice President and General Manager of Crypto, PayPal. &#8220;We are working to change that. Enabling PYUSD in users accounts across 70 markets gives people faster access to their funds, lower-cost ways to send money across borders, and a more direct path to participating in the global economy and that is what drives commerce forward for everyone.&#8221;</p>
<p>Users in newly supported markets can buy, hold, send, and receive PYUSD directly from their PayPal account.<sup>1</sup> Additionally, eligible users can earn rewards on their PYUSD holdings<sup>2</sup>, can instantly transfer funds to friends and family, whether on PayPal or to third-party digital wallets, and convert PYUSD to local currency when withdrawing funds<sup>3</sup> for everyday spending.</p>
<p>Businesses that accept PYUSD can use proceeds in minutes rather than days or weeks, improving liquidity and reducing reliance on traditional settlement cycles. Faster access to funds can help businesses manage working capital, support cross-border operations, and participate in global commerce.</p>
<p>Following the launch of PYUSD in the United States in 2023, this expansion is another critical step in creating the liquidity, utility, and ubiquity of PYUSD necessary to create a more inclusive, global commerce ecosystem. By making it available in more places through PayPal, PYUSD helps consumers send funds internationally at lower cost, while enabling businesses to settle faster, reduce foreign payment fees, and access proceeds more quickly.</p>
<p>PYUSD, a US federally regulated stablecoin, is now available to users in their PayPal accounts across multiple global regions, including Asia-Pacific, Europe, Latin America, and North America<sup>1</sup>. This includes Colombia, Costa Rica, Dominican Republic, Faroe Islands, Greenland, Guatemala, Honduras, Panama, Peru, Singapore<sup>4</sup>, the United Kingdom, and the United States. PayPal users in the remaining markets will have access to PYUSD in the coming weeks.</p>
<p>For more information about PYUSD, please visit <a rel="nofollow" href="https://www.globenewswire.com/Tracker?data=FxGkgYhEd9YTgbdDte93ByYNIYbpHIfqi_kz_VwmvzNCVZ34rOa7OvY06g8q8dZuKA_6rLLM-LaZqbq7QZSSai5ChT48yArQ0rfFcZQZ52A=" target="_blank">www.paypal.com/pyusd</a>.</p>
<p><sup>1</sup> User experience may vary based on local regulations and PayPal experience.</p>
<p><sup>2</sup> Rewards are not available to Singapore or United Kingdom-based users. Rewards rate will be determined at all times in PayPal’s sole discretion, is not guaranteed, and is subject to change. Terms Apply.</p>
<p><sup>3 </sup> Terms and conditions apply.</p>
<p><sup>4</sup> PYUSD will only be available to PayPal business account holders in Singapore. PYUSD will not be available to Singapore based consumers.</p>
<p><strong>About PayPal USD (PYUSD)</strong></p>
<p>PayPal USD is issued by Paxos Trust Company, N.A., a fully-chartered trust company regulated by the Office of the Comptroller of the Currency (OCC). Reserves for PayPal USD are fully backed by U.S. dollar deposits, U.S. Treasuries and similar cash equivalents, and PayPal USD can be bought or sold through PayPal and Venmo at a rate of $1.00 per PayPal USD.</p>
<p>PayPal, Inc. (NMLS ID #: 910457) is licensed to engage in Virtual Currency Business Activity by the New York State Department of Financial Services.</p>
<p><strong>About PayPal </strong></p>
<p>PayPal has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy. For more information, visit <a rel="nofollow" href="https://www.globenewswire.com/Tracker?data=RkjxLiD0JRT9yJtJpyLCaKyiS8XP6fJYLFW2dAQ1CM5YhiLwKvc69BTONhHtq4o7hdAyik6eSuRcRBYeM-Bn_th8S6mfo4GRpBdRfK7Omaqrqd7R9pz4Z-dm9dfablntGvCF8QURB2_ywcqrB80hQ_dkIpO2KdQrT6KdJ7swXJb4SlMKn2MD83lCavm5eQRlO0dFm7HpzBXnc1EBprbqvupjG9l7m5uerGneRIAeBOdUV3667_vjISoWPjLRSLNflDsZeS_LXmR-ueJRrUZAnCSO9hBa4K25xiRPUT10T6i7YD9hzGBRJ9Ylu7vSy42O7A1abkXW-W9HK04sf_6xzNv6quwgkRt8oi8D_xae1kT8-Lo9f43PySxFUMJ_o5AcVTozxM-w11CS5whJsreKC9E4nJy46hmNAd1t38H08ac=" target="_blank">https://www.paypal.com</a>, <a rel="nofollow" href="https://www.globenewswire.com/Tracker?data=RkjxLiD0JRT9yJtJpyLCaIprrVWnb-ZyiM3fz4CqV4Y4_fqsxwgI9R41I_hOUF91Fh2kvM4VoKAdEPTZjn8Z2mMScNInINzFoGw3n66DvkE0wXoKvGog8EioWzQgf9PyhQyYLF_sEEEB7Whfkg9R85RUaEyfwaTd5OzDFGsP43Jj-_PJdisG9vKFDwi5Mf7-AomeqN_YZg8pxPW4iFeqwEMcpbGix8tOlJ0aV8XEvpzGBTvORjrvQxUAqnPyAdUOy_p0cYXYCwGesYe3TVwVlpv917Kw8elXv201nmneNGmgIAk7uxT4jmKQ0nX8zcLH3IUIsksv6DYKC6lGceQuZY1ZGCvcKFxcRbzfLIzNE9XaesuVbESDf087S5c-rzm7WrJsxUtpgBUXcR7R6yg-DyUFnyP-Gsph3iKQs4H9qMEuY55VnBufhw2D9JOOOnD7" target="_blank">https://about.pypl.com/</a> and <a rel="nofollow" href="https://www.globenewswire.com/Tracker?data=RkjxLiD0JRT9yJtJpyLCaGVX6jNrDfjkz4_cLl3XNYifkvMl-u2UQsBqoPAEDwAmesL7AbMENKjiubLSv6uw4x7-cRuX3Rj399hL9TCb3XHks4_s4MT329LsDM3C7pD5CyEGqYRi60cXJ3MSIrzPHep5m_uBgFeERkP3UgEMb0kKS7lO-_byNmlEPxnsdc8gNeGBKeDcg1v0XTCcPzX84jg4S5EYvdtE6dIjGczBEIMKUMSfV4L2cVYI1YBRsxeOec_2sAuogjJxIVk79b2QD1zq7EqJNBrbWxY31HPJyDjfG-C-dX2c1_GXXinwtlaZo0RW8dnyBbiaGb-tBm8JifFKQCQNrl3wy3HvNgXytOfDjR1gGLxnIvWFFH7kX8M87G2fLN3vZrwiHeqy7-zmy8OWAS6jNUSJZZVFiCUAdYxIHgJPduW_kBTFTjVtLCxm" target="_blank">https://investor.pypl.com/</a>.</p>
<p>Photos accompanying this announcement are available at</p>
<p><a rel="nofollow" href="https://www.globenewswire.com/Tracker?data=RkjxLiD0JRT9yJtJpyLCaFZl98mtMyx8SsR0sc1kg0Mzbzl9UVLkSVlZP170p-2wMkyCthHIVEapyaTP6c-G9m3xytka6asPvH5dwvGCHMDoF7JleIfrSqNjWtGAYuNNpR-Z87VeMQQhtAWETFXndhv55jPoQx-o2C4kzs1XtNosXW4LBZU36ESb8rP1m5o0sEMeyYCxbxQDCAtesrXNzX6ge9b4JUtEqYdwQ7z3C5rVuEKRGMCBtEWJ-HmPu_zHtj6xvUiM-TkGBlHoEXjPuw==" target="_blank">https://www.globenewswire.com/NewsRoom/AttachmentNg/16cadb19-fec1-4095-8a96-f57f9525d957</a></p>
<p><a rel="nofollow" href="https://www.globenewswire.com/Tracker?data=RkjxLiD0JRT9yJtJpyLCaFZl98mtMyx8SsR0sc1kg0Mzbzl9UVLkSVlZP170p-2w-PmXGCeh48vWGuOhAJwLlZqUh1XNIjgUrQ_y3WIUwHAyoECmvQRVKpDJ4ZX-8NvPc42WK4zgJPGbl2lElXW8k6RYs-Z35KZ2NMl6hz0igyxDnrRJRD0jS1a8p87PiRbOeTemdLESPILwVAFKHcFo5G_BS79YpRx2Op4lhBXziWgdx99WSTLUgaaU062oYS7lqPYK7Ho8FMG7N1ts03RQpA==" target="_blank">https://www.globenewswire.com/NewsRoom/AttachmentNg/6d8c1ef1-bf88-4f4d-9b3c-f50647c0847b</a></p>
<p><img class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTcyMzcyNyM3NjEyODY0IzUwMDE2MjkxNQ==" alt="" /><br />
<img src="https://ml.globenewswire.com/media/YzgwMjMwMGUtOTEzZC00MDU1LTk5MTgtMTc3MGUyOWRlZWQwLTUwMDE2MjkxNS0yMDI2LTA1LTIwLWVu/tiny/PayPal.png" alt="" /></p>
<pre></pre>
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		<title>Powertranz Partners with 1Money to Enable Stablecoin Payments</title>
		<link>https://caribpr.com/powertranz-partners-with-1money-to-enable-stablecoin-payments/</link>
		<comments>https://caribpr.com/powertranz-partners-with-1money-to-enable-stablecoin-payments/#comments</comments>
		<pubDate>Wed, 29 Apr 2026 12:05:12 +0000</pubDate>
		<dc:creator>caribpr</dc:creator>
				<category><![CDATA[Banking/Financial Services]]></category>
		<category><![CDATA[#Powertranz]]></category>
		<category><![CDATA[Bermuda]]></category>

		<guid isPermaLink="false">https://caribpr.com/?p=16493</guid>
		<description><![CDATA[Leading Caribbean and Central American payment gateway expands client payment options with stablecoin settlement, powered by 1Money&#8217;s global platform
CARIBPR WIRE, Hamilton, Bermuda, Weds. April 29, 2026: Powertranz, a leading payment gateway in the Caribbean and Central America, today announced a strategic partnership with 1Money, the first vertically integrated financial stack. The collaboration enables Powertranz clients [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: center;"><em>Leading Caribbean and Central American payment gateway expands client payment options with stablecoin settlement, powered by 1Money&#8217;s global platform</em></p>
<p><strong>CARIBPR WIRE, Hamilton, Bermuda, Weds. April 29, 2026</strong>: Powertranz, a leading payment gateway in the Caribbean and Central America, today announced a strategic partnership with 1Money, the first vertically integrated financial stack<em>.</em> The collaboration enables Powertranz clients to settle invoices and pay for Powertranz services using stablecoins, offering a faster, more flexible alternative to traditional international cross-border payment methods.</p>
<p>With over 27 years of experience, Powertranz is at the forefront of payment innovation in the region. This new partnership represents a further step in that journey &#8211; one that recognises the growing role of digital assets in the global payments landscape and the evolving expectations of modern merchants.</p>
<p>By integrating 1Money&#8217;s platform, Powertranz clients can now settle Powertranz invoices faster and more efficiently than traditional cross-border transactions. The integration eliminates many of the inefficiencies associated with traditional international transfers, including delays and high conversion costs, while remaining fully compliant with applicable regulations. This is the first phase of a wider stablecoin payments strategy.</p>
<p><em>“At Powertranz, we are committed to giving our clients more choice in how they do business with us. By enabling stablecoin payments for our services, we are making it easier for clients to pay us in a way that is modern, efficient, and aligned with the evolving global payments landscape. We are pleased to be working with 1Money, whose platform is built to support compliant stablecoin and fiat flows with global bank on- and off-ramps.”</em></p>
<p><strong>— Chris Burns, Powertranz CEO</strong></p>
<p><strong>Key Client Benefits</strong></p>
<p><strong>•  Enhanced flexibility</strong><strong>: </strong>Stablecoins are now available as an additional payment option, giving clients greater freedom in how they settle invoices with Powertranz.</p>
<p><strong>•  Improved payment efficiency: </strong>Stablecoin settlements are faster and more streamlined than traditional methods, particularly for cross-border payments where delays and currency conversion costs have historically posed challenges.</p>
<p><strong>•  Continued innovation: </strong>This partnership underscores Powertranz’s commitment to evolving alongside the needs of merchants and the broader global payments ecosystem, ensuring clients always have access to best-in-class solutions.</p>
<p><strong>About Powertranz</strong></p>
<p>Powertranz is a leading payment gateway powering online and in-store payments for merchants across the Caribbean and Central America. With over 25 years of experience, PCI DSS Level-1 certification, and integrations with banks and shopping carts across the region, Powertranz provides secure, multi-currency payment solutions, tokenization services, and fraud management solutions to more than 10,000 businesses &#8211; processing more than 60 million transactions annually. Powertranz is headquartered in Hamilton, Bermuda.</p>
<p><strong>Website: </strong>www.powertranz.com</p>
<p><strong>About 1Money</strong></p>
<p>1Money is the first vertically integrated, full-stack infrastructure company providing a unified technology layer across the lifecycle of stablecoins and real-world assets (RWAs). The 1Money ecosystem consists of three synergistic pillars:</p>
<ol>
<li><strong>1Money Network</strong>, a patent-pending Layer-1 blockchain purpose-built to be the fastest, cheapest, and most scalable network for compliant stablecoin and RWA transactions</li>
<li><strong>1Money.com</strong>, a licensed and regulated orchestration platform that enables users to receive, buy, sell, convert, send, and custody both stablecoins and fiat currencies domestically and globally; and</li>
<li><strong>1Money Issuance</strong>, an institutional-grade &#8220;Issuance-as-a-Service&#8221; solution that allows partners to launch white-labelled stablecoins for their own customers.</li>
</ol>
<p>Operating through fully regulated entities and holding more U.S. money-transmitter licenses than most major stablecoin competitors, 1Money combines the rigor of traditional finance with the always-on speed and efficiency of Web3. This foundation enables faster settlement, lower costs, and enterprise-grade compliance, making 1Money the trusted infrastructure layer for global money movement.</p>
<p><strong>Website: </strong>www.1money.com</p>
<p><strong>Media Enquiries</strong></p>
<p><strong>Powertranz</strong></p>
<p>Email: press@powertranz.com</p>
<p>Website: www.powertranz.com</p>
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		<title>Equisoft achieves highest &#8220;Luminary&#8221; status for third consecutive time in Celent&#8217;s LATAM Policy Administration System Report</title>
		<link>https://caribpr.com/equisoft-achieves-highest-luminary-status-for-third-consecutive-time-in-celents-latam-policy-administration-system-report/</link>
		<comments>https://caribpr.com/equisoft-achieves-highest-luminary-status-for-third-consecutive-time-in-celents-latam-policy-administration-system-report/#comments</comments>
		<pubDate>Mon, 02 Mar 2026 19:44:39 +0000</pubDate>
		<dc:creator>caribpr</dc:creator>
				<category><![CDATA[Banking/Financial Services]]></category>
		<category><![CDATA[#Equisoft]]></category>
		<category><![CDATA[#LatinAmericaNews]]></category>

		<guid isPermaLink="false">https://caribpr.com/?p=16434</guid>
		<description><![CDATA[
This milestone achievement underscores Equisoft&#8217;s sustained commitment to innovation and excellence in serving the Latin American and Caribbean life insurance markets.




TRINIDAD AND TOBAGO and MEXICO CITY, March 2, 2026 /PRNewswire-HISPANIC PR WIRE/ &#8212; Equisoft, a leading global digital solutions provider to the financial services industry, announced today that Equisoft/manage, a cloud-based and AI-native policy administration [...]]]></description>
			<content:encoded><![CDATA[<div id="divHeadline" style="width: 800px; margin-left: 10pt;"><!-- #Begin headline --></p>
<p style="TEXT-ALIGN: center"><span style="font-style: italic; font-weight: bold;">This milestone achievement underscores Equisoft&#8217;s sustained commitment to innovation and excellence in serving the Latin American and Caribbean life insurance markets.</span></p>
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<p><span class="legendSpanClass">TRINIDAD AND TOBAGO and MEXICO CITY</span>, <span class="legendSpanClass">March 2, 2026</span> /PRNewswire-HISPANIC PR WIRE/ &#8212; Equisoft, a leading global digital solutions provider to the financial services industry, announced today that Equisoft/manage, a cloud-based and AI-native policy administration system, is the only platform that earned top tier &#8220;Luminary&#8221; status in Celent&#8217;s LATAM Policy Administration System report, which includes the Caribbean region. Recognized for its integration capabilities, agentic AI innovation, and comprehensive functionality spanning from illustrations through claims, Equisoft/manage is also the winner of the XCelent Awards for Advanced Technology in LATAM (and Caribbean) and North America.</p>
<div id="dvprnejpg09e3left" style="width: 100%; text-align: left;" dir="ltr"><img id="prnejpg09e3left" title=" Equisoft’s AI-native life insurance platform earns “Luminary” status and XCelent Awards across multiple regions" src="https://mma.prnewswire.com/media/2919345/Equisoft_Inc__Equisoft_achieves_highest__Luminary__status_for_th.jpg" alt=" Equisoft’s AI-native life insurance platform earns “Luminary” status and XCelent Awards across multiple regions" align="middle" /></div>
<p>&#8220;Having recently partnered with over 18 Caribbean insurers to modernize their legacy systems, we understand firsthand the unique challenges and opportunities that define this market,&#8221; said Ruben Veerasamy, Senior Vice President, Caribbean at Equisoft. &#8220;This third consecutive Celent recognition affirms that our investments in AI-enabled technology and comprehensive platform functionality are directly aligned with what the Caribbean and LATAM markets need to remain competitive and serve policyholders better.&#8221;</p>
<p>Equisoft&#8217;s AI-powered capabilities include automated underwriting and claims support, intelligent document processing, real-time product changes without IT support and Agentic AI powered workflows that help insurers reduce operational costs while improving speed-to-market for new products. The solution supports the complete life insurance value chain, from illustration and application through policy servicing and claims administration.</p>
<p>&#8220;The AI components integrated into Equisoft/manage are designed to help carriers improve efficiency and identify potential revenue opportunities. Along with other factors, this supported Equisoft/manage receiving the XCelent Award for Advanced Technology,&#8221; said Fabio Sarrico, Senior Analyst in Celent&#8217;s insurance practice. &#8220;With its broad platform functionality and AI capabilities, the platform can help insurers streamline operations and adapt to changing market conditions.</p>
<p>Equisoft continues to invest in AI capabilities, data migration expertise, and cloud infrastructure to maintain its position at the forefront of insurance technology innovation.</p>
<p>To download the full report, <a href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4626244-1&amp;h=3708051729&amp;u=https%3A%2F%2Fhubs.li%2FQ0432MC40&amp;a=click+here" target="_blank">click here</a>.</p>
<p>To learn more about Equisoft/manage, <a href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4626244-1&amp;h=2253456603&amp;u=https%3A%2F%2Fhubs.li%2FQ0432MX00&amp;a=click+here" target="_blank">click here</a>.</p>
<p><strong>About Equisoft</strong></p>
<p>Founded in 1994, Equisoft is a global provider of advanced insurance and investment digital solutions. Recognized as a valued partner by over 325 of the world&#8217;s leading financial institutions, Equisoft offers a complete AI-enabled ecosystem—from front-end applications to integrated back-office and pension systems—backed by proven data migration expertise. The firm&#8217;s ecosystem serves insurers, distributors, banks, pensions, and asset managers. With a multicultural team of over 850 experts based in North America, the Caribbean, Latin America, Europe, Africa, Asia and Australia, Equisoft helps its clients tackle any challenge in this era of digital disruption.</p>
<p>For more information, please visit <a href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4626244-1&amp;h=3566603110&amp;u=https%3A%2F%2Fcan01.safelinks.protection.outlook.com%2F%3Furl%3Dhttps%253A%252F%252Flinkprotect.cudasvc.com%252Furl%253Fa%253Dhttp%25253a%25252f%25252fwww.equisoft.com%25252f%2526c%253DE%252C1%252CmgM0xyHatAB-_xOexgdOibgC5Ysni9_ohooeFOKnluO39kWqlcueoYP7ylh8cD0lJiXZO-QACOn5GTz7JkQJLm1iaywDVTeqs86GlsXTTpXf5yloMW4%252C%2526typo%253D1%26data%3D05%257C02%257Canna.lou%2540equisoft.com%257C156e793078134811570d08de68e04e33%257C6db80314c9064d958ca72fdc2499ee59%257C0%257C0%257C639063509802605869%257CUnknown%257CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%253D%253D%257C0%257C%257C%257C%26sdata%3Dg0RmXCtDMQ2dKy31965K6oTiPBhWowH%252FclvDtq3oOFk%253D%26reserved%3D0&amp;a=www.equisoft.com" target="_blank">www.equisoft.com</a>.</p>
<p><strong>About Celent</strong></p>
<p>Celent is a leading research and advisory firm focused on technology for financial institutions globally.</p>
<p>The Celent Policy Administration System North American edition provides an overview of the policy administration systems available in North America for individual and group life insurers. The report profiles 21 policy administration systems and provides an overview of their functionality, customer bases, supported lines of business, technology, implementation, pricing, and support.</p>
<p><strong>About the xCelent Awards</strong></p>
<p>To help financial institutions better understand the vendor landscape and compare vendors, Celent developed its ABC methodology, which positions and awards vendors across three dimensions: Advanced Technology, Breadth of Functionality, and Customer Base and Support. Top performers in each ABC dimension receive a corresponding XCelent award.</p>
<p>Photo &#8211; <a href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4626244-1&amp;h=3253021978&amp;u=https%3A%2F%2Fmma.prnewswire.com%2Fmedia%2F2919345%2FEquisoft_Inc__Equisoft_achieves_highest__Luminary__status_for_th.jpg&amp;a=https%3A%2F%2Fmma.prnewswire.com%2Fmedia%2F2919345%2FEquisoft_Inc__Equisoft_achieves_highest__Luminary__status_for_th.jpg" target="_blank">https://mma.prnewswire.com/media/2919345/Equisoft_Inc__Equisoft_achieves_highest__Luminary__status_for_th.jpg</a></div>
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		<title>FV Bank Selects the Institute for Financial Integrity to Enhance Financial Crime Compliance Education Across Global Operations</title>
		<link>https://caribpr.com/fv-bank-selects-the-institute-for-financial-integrity-to-enhance-financial-crime-compliance-education-across-global-operations/</link>
		<comments>https://caribpr.com/fv-bank-selects-the-institute-for-financial-integrity-to-enhance-financial-crime-compliance-education-across-global-operations/#comments</comments>
		<pubDate>Wed, 17 Dec 2025 13:17:40 +0000</pubDate>
		<dc:creator>caribpr</dc:creator>
				<category><![CDATA[Banking/Financial Services]]></category>
		<category><![CDATA[#financenews]]></category>
		<category><![CDATA[#fvbank]]></category>

		<guid isPermaLink="false">https://caribpr.com/?p=16387</guid>
		<description><![CDATA[
WASHINGTON, Dec. 17, 2025 /PRNewswire-HISPANIC PR WIRE/ &#8211; The Institute for Financial Integrity (IFI) today announced that FV Bank has launched an enterprise-wide training initiative through IFI&#8217;s DOLFIN platform. A global digital bank and digital asset custodian, FV Bank is working with IFI to further augment its compliance culture and risk management practices globally.





&#8220;As a [...]]]></description>
			<content:encoded><![CDATA[<div id="divHeadline" style="width: 800px; margin-left: 10pt;"><!-- #Begin headline --></p>
<p style="text-align: left;"><span class="legendSpanClass">WASHINGTON</span>, <span class="legendSpanClass">Dec. 17, 2025</span> /PRNewswire-HISPANIC PR WIRE/ &#8211; The Institute for Financial Integrity (IFI) today announced that FV Bank has launched an enterprise-wide training initiative through IFI&#8217;s DOLFIN platform. A global digital bank and digital asset custodian, FV Bank is working with IFI to further augment its compliance culture and risk management practices globally.</p>
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<div id="dvprnejpgd39dleft" style="width: 100%; text-align: left;" dir="ltr"><img id="prnejpgd39dleft" title="Institute for Financial Integrity" src="https://mma.prnewswire.com/media/2325968/Institute_for_Financial_Integrity_Logo.jpg" alt="Institute for Financial Integrity" align="middle" /></div>
<p>&#8220;As a regulated digital bank bridging traditional finance and digital assets, FV Bank places compliance and transparency at the center of everything we do,&#8221; said Luis González, Chief Compliance Officer at FV Bank. &#8220;Partnering with IFI reinforces our ongoing efforts to foster a culture of compliance throughout our organization and to ensure our team remains at the forefront of evolving global standards.&#8221;</p>
<p>This training initiative underscores FV Bank&#8217;s commitment to maintaining the highest standards of regulatory compliance and integrity as it continues to expand its digital banking and custody services.</p>
<p>Through IFI&#8217;s DOLFIN platform, FV Bank has launched a tailored compliance training program for its employees worldwide, including:</p>
<ul type="disc">
<li style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial"> <strong>Mandatory annual training</strong> including e-learning courses covering core topics such as Anti-Money Laundering (AML), Countering the Financing of Terrorism (CFT), Global Sanctions, Anti-Bribery and Corruption, Fraud, and Digital Assets &amp; Blockchain Technology</li>
<li style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial"> <strong>Expertly curated, central repository</strong> offering interactive risk management tools, analytical insights, webinars, an AI compliance assistant, and more</li>
<li style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial"> <strong>Ongoing continuing education </strong>through a library of role-based learning plans, courses, and videos</li>
</ul>
<p>&#8220;At IFI, our mission is to advance compliance and risk management practices across the global financial ecosystem,&#8221; said Danny McGlynn, President at the Institute for Financial Integrity. &#8220;We are proud to support FV Bank in strengthening their enterprise-wide compliance framework through education and training that empower employees to respond effectively to emerging financial crime risks.&#8221;</p>
<p><strong>About the Institute for Financial Integrity</strong></p>
<p>The Institute for Financial Integrity is dedicated to empowering the world&#8217;s financial integrity professionals to protect the global financial system from illicit use. It provides <a style="COLOR: blue" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4582099-1&amp;h=3305037383&amp;u=https%3A%2F%2Ffinintegrity.org%2Ftraining-services%2F&amp;a=training+services" target="_blank">training services</a>, <a style="COLOR: blue" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4582099-1&amp;h=1502285870&amp;u=https%3A%2F%2Ffinintegrity.org%2Felearning-courses%2F&amp;a=online+education" target="_blank">online education</a>, and certifications through <a style="COLOR: blue" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4582099-1&amp;h=1294286503&amp;u=https%3A%2F%2Ffinintegrity.org%2Fdolfin%2F&amp;a=DOLFIN%C2%AE" target="_blank">DOLFIN<sup>®</sup></a>—the Dedicated Online Financial Integrity Network—its proprietary learning platform.</p>
<p>For more information, please visit <a style="COLOR: blue" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4582099-1&amp;h=2650036992&amp;u=https%3A%2F%2Ffinintegrity.org%2F&amp;a=finintegrity.org" target="_blank">finintegrity.org</a>.</p>
<p>Follow IFI on <a style="COLOR: blue" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4582099-1&amp;h=1942432492&amp;u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Finstitute-for-financial-integrity&amp;a=LinkedIn" target="_blank">LinkedIn</a>.</p>
<p><strong>About FV Bank<br />
</strong>FV Bank is a global digital bank and digital asset custodian regulated by the Office of the Commissioner of Financial Institutions (OCIF), Puerto Rico. It offers integrated traditional and digital asset banking services and provides secure, regulated solutions for both fiat and digital assets, supporting clients across the global financial ecosystem.</p>
<p>Learn more at: <a style="COLOR: blue" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4582099-1&amp;h=999015526&amp;u=https%3A%2F%2Ffvbank.us%2F&amp;a=https%3A%2F%2Ffvbank.us%2F" target="_blank">https://fvbank.us/</a></p>
<p>Photo &#8211; <a style="COLOR: blue" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4582099-1&amp;h=3158234259&amp;u=https%3A%2F%2Fmma.prnewswire.com%2Fmedia%2F2325968%2FInstitute_for_Financial_Integrity_Logo.jpg&amp;a=https%3A%2F%2Fmma.prnewswire.com%2Fmedia%2F2325968%2FInstitute_for_Financial_Integrity_Logo.jpg" target="_blank">https://mma.prnewswire.com/media/2325968/Institute_for_Financial_Integrity_Logo.jpg</a></p>
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		<title>GAC Achieves Another Milestone with Brand Launch in the Caribbean, Expanding Its Global Business Footprint</title>
		<link>https://caribpr.com/gac-achieves-another-milestone-with-brand-launch-in-the-caribbean-expanding-its-global-business-footprint/</link>
		<comments>https://caribpr.com/gac-achieves-another-milestone-with-brand-launch-in-the-caribbean-expanding-its-global-business-footprint/#comments</comments>
		<pubDate>Tue, 28 Oct 2025 15:58:33 +0000</pubDate>
		<dc:creator>caribpr</dc:creator>
				<category><![CDATA[Banking/Financial Services]]></category>
		<category><![CDATA[#caribbeanbusinessnews]]></category>
		<category><![CDATA[#GAC]]></category>

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GEORGETOWN, Guyana, Oct. 29, 2025 /PRNewswire-HISPANIC PR WIRE/ &#8212; On the evening of October 24, 2025, GAC held a grand brand launch ceremony in George Town, the capital of the Cayman Islands – a world-renowned financial center and the &#8220;Pearl of the Caribbean.&#8221; The event attracted over 600 elites from local branches of international financial [...]]]></description>
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<p><span class="legendSpanClass">GEORGETOWN, Guyana</span>, <span class="legendSpanClass">Oct. 29, 2025</span> /PRNewswire-HISPANIC PR WIRE/ &#8212; On the evening of October 24, 2025, GAC held a grand brand launch ceremony in George Town, the capital of the Cayman Islands – a world-renowned financial center and the &#8220;Pearl of the Caribbean.&#8221; The event attracted over 600 elites from local branches of international financial institutions, as well as the social, industrial and commercial sectors, who gathered together to jointly witness this important moment. The event, themed &#8220;Experience The Future Of Driving&#8221;, demonstrated GAC&#8217;s strategic layout for the international market and its brand confidence.</div>
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<p>This launch marks the deepening of GAC&#8217;s accelerated globalization process. The Cayman Islands is a British Overseas Territory in the northwestern Caribbean Sea, consisting of three islands: Grand Cayman, Little Cayman, and Cayman Brac, with an area of 264 square kilometers and a population of 76,000. As the world&#8217;s fourth-largest offshore financial center after New York, London, and Hong Kong, the Cayman Islands is home to over 700 international banking institutions, including Bank of China, HSBC, CIBC First Caribbean International Bank, RBC Royal Bank, Bank of America, and JPMorgan Chase, more than 800 insurance companies, and nearly 10,000 international hedge fund institutions. Meanwhile, it also hosts major Chinese enterprises such as China Mobile, Sinopec, and PetroChina. In 2024, its per capita GDP reached US$97,700. It is also a well-known Caribbean diving resort that attracts millions of European and American tourists every year. By launching in the Cayman Islands, an international financial hub, GAC&#8217;s brand development is expected to strengthen its connection with global capital markets.</p>
<p>With &#8220;safety&#8221; and &#8220;technology&#8221; as its core concepts, GAC emphasizes independent technology research and development as well as product quality. This event showcased new products such as EMKOO, EMZOOM, AION V, GS8, GS4 MAX, and EMPOW. This launch is of great significance – it may further enhance the international competitiveness of Chinese auto companies in the high-end market, while injecting innovative vitality into the global automotive industry. GAC stated that it will rely on the financial advantages and international platform of the Cayman Islands to continuously expand emerging markets in the Americas and strive to become a benchmark brand in the global intelligent mobility field.</p>
<p>Photo &#8211; <a style="COLOR: blue" href="https://mma.prnewswire.com/media/2807965/image.jpg" target="_blank">https://mma.prnewswire.com/media/2807965/image.jpg</a></p>
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		<title>Belize Bank Group Reimagines Core Banking with Finastra Essence</title>
		<link>https://caribpr.com/belize-bank-group-reimagines-core-banking-with-finastra-essence/</link>
		<comments>https://caribpr.com/belize-bank-group-reimagines-core-banking-with-finastra-essence/#comments</comments>
		<pubDate>Tue, 28 Oct 2025 13:30:34 +0000</pubDate>
		<dc:creator>caribpr</dc:creator>
				<category><![CDATA[Banking/Financial Services]]></category>
		<category><![CDATA[#finastra]]></category>
		<category><![CDATA[Belize]]></category>

		<guid isPermaLink="false">https://caribpr.com/?p=16347</guid>
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Strategic project enhances agility and governance while transforming the customer experience for Belize Bank and Belize Bank International




LAKE MARY, Fla., Oct. 28, 2025 /PRNewswire/ &#8212; Finastra, a global leader in financial services software, today announced that the Belize Bank Group has successfully gone live with Finastra Essence across its two entities, Belize Bank and Belize [...]]]></description>
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<p style="text-align: left;">Strategic project enhances agility and governance while transforming the customer experience for Belize Bank and Belize Bank International</p>
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<p><span class="legendSpanClass">LAKE MARY, Fla.</span>, <span class="legendSpanClass">Oct. 28, 2025</span> /PRNewswire/ &#8212; Finastra, a global leader in financial services software, today announced that the Belize Bank Group has successfully gone live with Finastra Essence across its two entities, Belize Bank and Belize Bank International. This milestone marks a significant step in the Group&#8217;s regional digital transformation journey, aligning its operations under Finastra&#8217;s core banking infrastructure while preserving the distinct strengths and customer focus of each institution.</p>
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<p>The deployment of Finastra&#8217;s cloud-native core banking solution, Essence, enables the Belize Bank Group to operate under a streamlined model, simplifying operations, enhancing governance, and supporting strategic alignment across the Group, while allowing the two banks to maintain their unique market positioning.</p>
<p>&#8220;This transformation is about more than technology. It&#8217;s about delivering consistent, high-quality service to our customers while empowering our teams to innovate,&#8221; said Filippo Alario, Executive Chairman of Belize Bank. &#8220;With Finastra Essence, we&#8217;ve reduced IT overhead, accelerated our time-to-market, and laid the foundation for scalable, AI-ready banking services. Our IT staff are now focused on building the future of banking in the region.&#8221;</p>
<p>Customers of the banks benefit from:</p>
<ul type="disc">
<li style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial">Consistent service quality: High-performance digital infrastructure enables uniform service across regions and segments.</li>
<li style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial">Omnichannel convenience: Seamless access to banking services across digital and physical channels.</li>
<li style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial">Improved digital experience: Faster, more intuitive interfaces and reliable access to services.</li>
<li style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial">Enhanced reliability: Cloud infrastructure ensures higher uptime and rapid recovery from disruptions.</li>
<li style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial">Access to innovative services: Faster rollout of new products and personalized offerings.</li>
<li style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial">More responsive services: Automation and streamlined operations enhance customer support.</li>
</ul>
<p>&#8220;Finastra is proud to support the Belize Bank Group in its journey toward regional transformation,&#8221; said Siobhan Byron, EVP, Universal Banking at Finastra. &#8220;By uniquely combining rich, broad and deep banking functionality with advanced technology, Essence empowers financial institutions to be agile, customer-centric, and future-ready. This deployment is testament to the Group&#8217;s commitment to innovation and excellence in banking.&#8221;</p>
<p>This announcement builds on Finastra&#8217;s successful collaborations with Belize Bank and Belize Bank International, reinforcing its growing presence around the globe and its role in driving digital transformation across the region.</p>
<p><strong>About Finastra</strong><br />
Finastra is a global leader in financial services software, trusted by 8,000+ customers &#8211; including 45 of the world&#8217;s top 50 banks &#8211; in over 130 countries. With expertise in Lending, Payments, Universal Banking, and Treasury &amp; Capital Markets, we deliver reliable, scalable, mission-critical solutions such as Loan IQ, LaserPro, Trade Innovation, Essence, Global PAYplus, Payments To Go, and Financial Messaging. Backed by Vista Equity Partners, we co-innovate with customers to build modern technology that helps financial institutions grow with confidence. Visit <a style="COLOR: blue" href="https://urldefense.com/v3/__http:/www.finastra.com/__;!!KESPuB0hxvuP98OfPa165uRs!FGQAyrAjWad-6uqK5ocflaDKU7O5xuZMPm1WG5oW7Fjt-gM5e1eoM1kupNA979cpwhx9HxUk7-YeztAiwv0qBHxFbTFD$" target="_blank">www.finastra.com</a> or follow <a style="COLOR: blue" href="https://urldefense.com/v3/__https:/www.linkedin.com/company/finastra__;!!KESPuB0hxvuP98OfPa165uRs!FGQAyrAjWad-6uqK5ocflaDKU7O5xuZMPm1WG5oW7Fjt-gM5e1eoM1kupNA979cpwhx9HxUk7-YeztAiwv0qBNSngW1R$" target="_blank">Finastra</a> on LinkedIn.</p>
<p>Logo &#8211; <a style="COLOR: blue" href="https://mma.prnewswire.com/media/1916021/5584017/FINASTRA_Logo.jpg" target="_blank">https://mma.prnewswire.com/media/1916021/5584017/FINASTRA_Logo.jpg</a></p>
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		<title>Young America Capital Advises Cloud Carib in Strategic Growth Financing from Partners for Growth</title>
		<link>https://caribpr.com/young-america-capital-advises-cloud-carib-in-strategic-growth-financing-from-partners-for-growth/</link>
		<comments>https://caribpr.com/young-america-capital-advises-cloud-carib-in-strategic-growth-financing-from-partners-for-growth/#comments</comments>
		<pubDate>Mon, 29 Sep 2025 13:42:35 +0000</pubDate>
		<dc:creator>caribpr</dc:creator>
				<category><![CDATA[Banking/Financial Services]]></category>
		<category><![CDATA[#CloudCarib]]></category>
		<category><![CDATA[#youngamericacapital]]></category>

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MAMARONECK, N.Y. , Sept. 29, 2025 /PRNewswire-HISPANIC PR WIRE/ &#8212; Young America Capital (&#8221;YAC&#8221;), a FINRA/SEC-registered investment bank, announced that it served as the financial advisor to Cloud Carib Limited, a leading provider of sovereign cloud and cybersecurity services, in securing a strategic growth financing facility from Partners for Growth (PFG), a Silicon Valley-based private [...]]]></description>
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<p style="text-align: left;"><span class="legendSpanClass">MAMARONECK, N.Y. </span>, <span class="legendSpanClass">Sept. 29, 2025</span> /PRNewswire-HISPANIC PR WIRE/ &#8212; Young America Capital (&#8221;YAC&#8221;), a FINRA/SEC-registered investment bank, announced that it served as the financial advisor to Cloud Carib Limited, a leading provider of sovereign cloud and cybersecurity services, in securing a strategic growth financing facility from Partners for Growth (PFG), a Silicon Valley-based private credit firm.</p>
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<p>This financing will support Cloud Carib&#8217;s regional expansion across the Caribbean and Latin America, bolstering its sovereign cloud, cybersecurity, and managed services for governments and regulated enterprises where data sovereignty and compliance are essential.</p>
<p>&#8220;This transaction demonstrates how Young America Capital helps innovative technology companies access the right capital partners to accelerate growth,&#8221; said Jackson Ritchie, Managing Director at Young America Capital. &#8220;Cloud Carib is building a critical platform for digital sovereignty and cybersecurity in the Caribbean and Latin America, and we are honored to support their expansion strategy.&#8221;</p>
<p>Headquartered in The Bahamas, Cloud Carib has established itself as a trusted partner for sovereign cloud solutions across CARICOM member states and select Latin American markets. With PFG&#8217;s flexible capital, the company is positioned to scale operations, accelerate product development, and strengthen its leadership in secure digital infrastructure.</p>
<p>&#8220;Working with Partners for Growth and executing this facility reinforces Cloud Carib&#8217;s mission to empower the region with secure, sovereign cloud infrastructure,&#8221; said Scott Mackenzie, CEO of Cloud Carib. &#8220;This investment is more than capital; it&#8217;s a vote of confidence in The Bahamas and the Caribbean as an investable innovation economy.&#8221;</p>
<p>Andrew Kahn, Co-Founder and CEO of Partners for Growth, added: &#8220;We are pleased to provide Cloud Carib with a flexible capital solution to support its continued expansion. The company has built a resilient platform with a reputation for excellence in cloud and managed services. We look forward to supporting its next stage of growth.&#8221;</p>
<p>&#8220;Advising Cloud Carib on this transaction reflects Young America Capital&#8217;s deep expertise in the technology sector and our growing track record in advising companies that are driving innovation in digital infrastructure and cybersecurity,&#8221; added Jackson Ritchie, Managing Director at YAC.</p>
<p><strong>About Young America Capital</strong></p>
<p>Young America Capital is a New York-based investment bank and a FINRA/SIPC-registered broker-dealer. The firm specializes in mergers &amp; acquisitions, growth financing, and strategic advisory for lower middle-market companies across technology, healthcare, real estate, consumer, industrials, renewables, and other sectors.</p>
<p><strong>Forward-Looking Statements</strong></p>
<p>This release may contain forward-looking statements regarding anticipated benefits of the transaction. These statements involve risks and uncertainties that could cause actual results to differ materially. Young America Capital does not undertake to update forward-looking statements except as required by law.</p>
<p>Logo &#8211; <a style="COLOR: blue" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4520848-1&amp;h=3350387008&amp;u=https%3A%2F%2Fmma.prnewswire.com%2Fmedia%2F1033986%2FYoung_America_Capital_Logo.jpg&amp;a=https%3A%2F%2Fmma.prnewswire.com%2Fmedia%2F1033986%2FYoung_America_Capital_Logo.jpg" target="_blank">https://mma.prnewswire.com/media/1033986/Young_America_Capital_Logo.jpg</a></p>
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		<title>World of Dolphins Announces It is Exploring the Sale of Its Majority Stake in JSE-listed Dolphin Cove Ltd.</title>
		<link>https://caribpr.com/world-of-dolphins-announces-it-is-exploring-the-sale-of-its-majority-stake-in-jse-listed-dolphin-cove-ltd/</link>
		<comments>https://caribpr.com/world-of-dolphins-announces-it-is-exploring-the-sale-of-its-majority-stake-in-jse-listed-dolphin-cove-ltd/#comments</comments>
		<pubDate>Wed, 17 Sep 2025 02:47:23 +0000</pubDate>
		<dc:creator>caribpr</dc:creator>
				<category><![CDATA[Banking/Financial Services]]></category>
		<category><![CDATA[#WorldofDolphins]]></category>
		<category><![CDATA[Jamaica]]></category>

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World of Dolphins Inc., an indirect subsidiary of Leisure Investments Holdings LLC, is exploring a sale of its 79.99% stake in Dolphin Cove Limited (JSE:DCOVE), the Jamaica Stock Exchange-listed marine attractions company.
 Interested parties are invited to contact Greenhill &#38; Co., LLC, the company&#8217;s investment banker, for further information.
 On March 31, 2025, Leisure Investments [...]]]></description>
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<li style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial"><strong>World of Dolphins Inc., an indirect subsidiary of Leisure Investments Holdings LLC, is exploring a sale of its 79.99% stake in Dolphin Cove Limited (JSE:DCOVE), the Jamaica Stock Exchange-listed marine attractions company.</strong></li>
<li style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial"> <strong>Interested parties are invited to contact Greenhill &amp; Co., LLC, the company&#8217;s investment banker, for further information.</strong></li>
<li style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial"> <strong>On March 31, 2025, Leisure Investments Holdings LLC, the ultimate parent of World of Dolphins Inc., and certain of its affiliates filed for Chapter 11 bankruptcy protection in Delaware.</strong></li>
<li style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial"> <strong>World of Dolphins and Dolphin Cove Limited <em>have not</em> filed chapter 11 cases and <em>are not</em> parties to any formal restructuring or insolvency proceeding.</strong></li>
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<p><span class="legendSpanClass">KINGSTON, Jamaica</span>, <span class="legendSpanClass">Sept. 16, 2025</span> /PRNewswire-HISPANIC PR WIRE/ &#8212; World of Dolphins Inc., an indirect subsidiary of Leisure Investments Holdings LLC, announced today that it is exploring a sale of its 79.99% stake in Dolphin Cove Limited.</p>
<p>Dolphin Cove Limited is a renowned Jamaican marine attractions company operating four premier locations on the island&#8217;s north coast (Ocho Rios, Moon Palace, Jamaica Grande, and Lucea) offering immersive dolphin and marine wildlife experiences and Yaaman Adventure Park (Ocho Rios) offering an adventure park complete with four-wheel drive vehicles, ziplines, waterfalls and other outdoor adventures. The company is publicly traded on the Jamaica Stock Exchange under the ticker DCOVE. Established in 1998, Dolphin Cove has grown into a leader in experiential tourism—offering dolphin programs, diverse animal encounters, restaurants, and retail services. Today, the company is majority-owned (79.99%) by World of Dolphins Inc., while founder Stafford Burrowes retains a minority stake (approximately 9.8%) and continues to serve as Chairman of the Board.</p>
<p>World of Dolphins asks that parties interested in purchasing some or all of its 79.99% stake in Dolphin Cove please reach out to <a style="COLOR: blue" href="mailto:Jakub.Mleczko@greenhill.com" target="_blank">Jakub.Mleczko@greenhill.com</a> and <a style="COLOR: blue" href="mailto:Charles.Geizhals@greenhill.com" target="_blank">Charles.Geizhals@greenhill.com</a> at Greenhill &amp; Co, who is serving as the company&#8217;s investment banker. For inquiries, Greenhill advisors will provide non-disclosure agreements and data room access, including a detailed timeline for the sale process.</p>
<p>On March 31, 2025, Leisure Investments Holdings LLC—the global operator of 30+ marine parks and dolphin habitats— and certain of its affiliates (collectively, the &#8220;Debtors&#8221;) voluntarily filed for Chapter 11 protection in the U.S. Bankruptcy Court for the District of Delaware. World of Dolphins and Dolphin Cove Limited <em>have not</em> filed chapter 11 cases and <em>are not</em> parties to any other formal restructuring or insolvency proceeding.</p>
<p><strong>ABOUT DOLPHIN COVE LIMITED (JSE:DCOVE)</strong></p>
<p>Dolphin Cove Limited (DCOVE) is a subsidiary of World of Dolphins, which is a subsidiary of Leisure Investments Holdings LLC. DCOVE operates tourist attractions in Jamaica. The company offers dolphin programs, and an adventure park offering four-wheel off-road vehicles, ziplines, waterfalls and other outdoor adventures, as well as other ancillary operations, such as restaurants, gift stores and picture/video shops. Dolphin Cove Limited was incorporated in 1998 and is based in Ocho Rios, Jamaica.</p>
<p>Additional information, including court filings and claims details, is available at veritaglobal.net/dolphinco or by calling 888-733-1434 (U.S./Canada) or 310-751-2633 (International).</p>
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