RSSCategory: technology

Bermuda Showcased By ‘Beautiful Destinations’

Bermuda Showcased By ‘Beautiful Destinations’

A series of Bermuda posts and stories are on display this summer to the 11 million followers of Beautiful Destinations on Instagram, the BTA said today, with one photo alone attaining over 220,000 likes, while another video has in excess of 300,000 views. “An instastory posted on July 21st reached more than 6.5 million users and generated an exceptionally... Read more of this article

OBA: How Many Jobs Will Fintech Firms Create?

OBA: How Many Jobs Will Fintech Firms Create?

[Updated] The Premier “must give details of how many jobs fintech firms that have been incorporated in Bermuda will create” Opposition Leader and Shadow Finance Minister Jeanne Atherden said today. “A report in the New York Times revealed that iCash, a new cryptocurrency, would “have an office and a head of operations in Bermuda, which... Read more of this article

Video: Minister & Richards At Blockchain Futurist

Video: Minister & Richards At Blockchain Futurist

Minister of National Security Wayne Caines and Kevin Richards from the Bermuda Business Development Agency spoke with the Cube’s John Furrier at the Blockchain Futurist Conference, which was held on August 15th and 16th in Toronto, Canada. Minister Caines discussed topics including regulation and the digital asset legislation, while Mr Richards... Read more of this article

Premier Meets With Chatterjee Of Envelop Risk

Premier Meets With Chatterjee Of Envelop Risk

Premier and Minister of Finance David Burt met with Ari Chatterjee of Envelop Risk, which he said was the first Insurtech company to set up in Bermuda. Premier Burt tweeted the photos below, saying: “Bermuda’s fintech push continues to bear fruit with more companies setting up on the island. Earlier today, I met with Ari Chatterjee of Enveloprisk,... Read more of this article

BELCO Advisory: Website Service Interruption

BELCO Advisory: Website Service Interruption

BELCO is advising the customers that in order to facilitate back-end server upgrades, their website will be unavailable from 10am on Friday [Aug 17] for 24 to 48 hours starting on Friday morning. A spokesperson said, “BELCO would like to advise customers that in order to facilitate back-end server upgrades, its website, www.belco.bm, including the... Read more of this article

One Communications Cyber Safety Advisory

One Communications Cyber Safety Advisory

One Communications said they “would like to remind the public to exercise caution when receiving emails and/or phone calls requesting personal information.” “A number of suspicious individuals posing as representatives under former company names, Logic and Northrock, have persisted in their attempts to commit fraud. If contacted,... Read more of this article

Speaker Warns MPs About Photos, Social Media

Speaker Warns MPs About Photos, Social Media

Speaker of the House Dennis Lister issued a warning to MPs today [Aug 10], telling them that photos of House proceedings are not allowed, and also informing them that any member who is posting on social media about “events that are taking place during the House, at the time that it’s happening, is out of order.” The Speaker’s comments... Read more of this article

64% Believe Virtual Asset Law Will Help Economy

64% Believe Virtual Asset Law Will Help Economy

64% of residents “believe that introducing legislation which will recognise businesses dealing in virtual assets will improve Bermuda’s economic future,” while 16% disagree that virtual currency legislation will yield economic benefits, and 20% are uncertain. This is according to the Bermuda Omnibus quarterly survey of public opinion... Read more of this article

Column: Island Leads Again With Insurtech

Column: Island Leads Again With Insurtech

[Written by Stephanie P. Sanderson, Partner] Bermuda’s insurance history is an extremely rich one. The captive insurance sector, which was once thought radical, was developed in Bermuda in the 1960s and 1970s and established Bermuda’s bourgeoning international insurance industry. The 1980s saw Bermuda develop excess liability insurance and the 1990s... Read more of this article

Bluewave & Mimosa Networks Win At CANTO

Bluewave & Mimosa Networks Win At CANTO

Bluewave and its fixed wireless solutions partner, Mimosa received the award for “Connecting the Unconnected” at the inaugural 2018 CANTO Innovation Awards. A spokesperson said, “We are pleased to announce that Bluewave and its fixed wireless solutions partner, Mimosa received the award for ‘Connecting the Unconnected’ at the inaugural... Read more of this article

NY Times Highlights Bermuda’s Crypto Efforts

NY Times Highlights Bermuda’s Crypto Efforts

“The race is on to become the go-to destination for cryptocurrency companies that are looking for shelter from regulatory uncertainty in the United States and Asia” and “Bermuda has been a leading player,” according to a story in the New York Times.The story — entitled “Have a Cryptocurrency Company? Bermuda, Malta... Read more of this article

AXIS Accelerating Digital Technologies Efforts

AXIS Accelerating Digital Technologies Efforts

AXIS Capital Holdings announced the launch of AXIS Digital Ventures, a new unit they said “will lead enterprise-wide efforts to partner with entrepreneurial companies focused on data and analytics with high value [re]insurance applications, new product opportunities including emerging risks, and new distribution and [re]insurance business models.” “AXIS... Read more of this article

Top 20 Bermuda Youtube Channels In July

Top 20 Bermuda Youtube Channels In July

[Written by Don Burgess] YouTube launched its VR platform on the Oculus-powered Samsung Gear VR. That app is already available on PlayStation VR, HTC Vive, and Daydream View. The company also announced a “Watch Together” feature, which allows people to share a video in real time and enjoy it in a group setting. While VR isn’t widely used at the... Read more of this article