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Cuba suspends dollar cash deposits on the island

by on June 11, 2021 0

The Central Bank of Cuba (BCC) has “temporarily” suspended dollar cash deposits on the island, a measure that applies to both Cubans and foreigners, state newspaper Granma reported Thursday. The measure will come into force on the next June 21st, the day when Cuban banks will no longer be able to receive dollars to...

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Prometeo launches its payment API

by on June 9, 2021 0

Prometo, the Open Banking API platform in Latin America, announced the launch of its payment API for the LATAM market. Prometeo’s mission is to create an open and connected financial market in LATAM. The launch of its payment API enables exchanges using the banking infrastructure and API connectivity. The service is a pay-per-bank facilitator...

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Local banks’ clearinghouse reveals hack

by on June 7, 2021 0

(CNS): ACH (Cayman) Limited (ACH), which was created by local banks, has been hacked, according to officials at the Cayman Islands Bankers Association, who said malware was detected on the server Cayman. A statement released by CIBA said it was alerted to the outbreak of malware in the third-party processor on May 21, more...

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Punjab becomes first state to use NFC-based eIDs

by on June 6, 2021 0

The government of Punjab, keeping pace with technology around the world where electronic identity cards (eID) have been introduced in many countries, has also initiated the use of eIDs equipped with Near Field Communication technology ( NFC) for their officers or employees through one of its leading entities – Punjab Mandi Council. Board Chairman...

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