Data Hosting in The Bahamas

January 30, 2016By @BahamasFSBE-Business & ICT, Members in the News

The Bahamas has a solid Internet infrastructure, and is a favourable jurisdiction for data privacy. This has been affirmed by Richard Douglas. He moved to The Bahamas from Canada in the 1990s to explore opportunities in the IT space. By the late 90s, data centres were built, with the local phone company and the cable … Read More

E-Commerce Platform Launched

June 25, 2012By @BahamasFSBE-Business & ICT, Industry News, Members in the News

[Bank of the Bahamas]( has unveiled its e-commerce platform as a major part of the institution’s growth strategy to recalibrate its business model to better suit the business environment. Effectively, the facility will act as a clearing and settlement house for e-commerce transactions; it will be the first in The Bahamas to fully facilitate online … Read More

New E-Government Services Platform

July 28, 2011By @BahamasFSBBusiness, E-Business & ICT, The Economy

Prime Minister, the Rt. Hon. Hubert Ingraham today launched a $10.2 million e-government initiative, noting *”Today marks a significant milestone for the Bahamas. Today we change the concept of service delivery by moving government services from the counter only to the computer screen also.”* Persons are now able to renew driver’s licenses, pay real property … Read More

BTC Privatisation Paves Way for Centre of Excellence

February 9, 2011By @BahamasFSBBusiness, E-Business & ICT, Industry News

Yesterday the Government of The Bahamas and [Cable and Wireless Communications]( (CWC) signed a share purchase agreement and shareholders agreement governing the terms of CWC’s acquisition of 51 percent of the shares of the [Bahamas Telecommunications Company]( (BTC) for a consideration of $210 million plus $7 million stamp tax. Later in the day, in the … Read More

E-Government Platform

December 21, 2010By @BahamasFSBBusiness, E-Business & ICT, The Economy

The Bahamas Government has committed a “significant sum of money” to launch its new e-Government platform that will go live in July 2011. The platform revamps the public service, enhancing efficiency of operations and service delivery. When launches, Bahamians will be able to pay business license fees, fines, real estate property taxes, renew drivers’ … Read More

BTC and Cable and Wireless Communications Sign MOU

December 2, 2010By @BahamasFSBE-Business & ICT, Industry News

The Government has announced the signing of a Memorandum of Understanding with [Cable & Wireless Communications ]( for the sale of a 51% interest in the [Bahamas Telecommunications Company]( (BTC). CWC is a global, full-service communications company which operates leading communications businesses through four regional units – the Caribbean, Panama, Macau and Monaco & Islands. … Read More

ITU World Telecommunication Development Conference Adopts Hyderabad Action Plan

June 4, 2010By @BahamasFSBE-Business & ICT, Industry News, International Issues

The concluding day of the fifth World Telecommunication Development Conference (WTDC-10), held from 24 May until 4 June, adopted the Hyderabad Action Plan. The Hyderabad Action Plan outlines a road map to foster the global development of information and communication technology (ICT) networks and services over the next four-year cycle. The roll out of next-generation … Read More

IPBS launches new e-Banking module

February 4, 2010By @BahamasFSBE-Business & ICT, Industry News, Members in the News

##Latest version exploits web based technologies to deliver greater banking functionality## [International Private Banking Systems]( (IPBS), the specialist provider of wealth management software for the private banking sector, today announced the launch of an enhanced e-Banking module. The software allows wealth management providers to deliver a superior user experience to their customers with enhanced banking … Read More

BACH Goes Live

January 25, 2010By @BahamasFSBBusiness, E-Business & ICT, Industry News, The Economy

The Bahamas Automated Clearing House (BACH) went live on January 22. *“The advent of the Clearing House will affect every single person who deposits money to a chequing account, writes a cheque or wishes to pay a bill online,”* said Brian Smith, BACH Business Manager. *“By speeding up the time it takes for deposits to … Read More