RSSCategory: technology

Students Impress At FinTech Challenge Debate

Students Impress At FinTech Challenge Debate

On Saturday, April 13th at the Fairmont Southampton, Dynamic Debaters and Learners and lead supporter HSBC Bermuda hosted the FinTech Challenge Debate, with a debate topic of ‘Be it resolved, Bermuda looks to its FinTech future with optimism.’ In preparation for this debate the students spent four months immersed in the FinTech industry... Read more of this article

Diamond Standard Launch Diamond Commodity

Diamond Standard Launch Diamond Commodity

Diamond Standard has unveiled what they said is the “world’s first fungible diamond commodity product—a universal asset to secure any digital transaction,” and the company said they are “applying to be regulated by the Bermuda Monetary Authority.” “Diamonds are a valuable natural resource, but unusable by institutional... Read more of this article

Govt Service Fee For Payments Made By Cards

Govt Service Fee For Payments Made By Cards

[Updated] The Government is reminding people that effective May 6, 2019, they will implement a 1.45% service fee for all payments made by debit/credit card at TCD, DPT, Accountant General Cashiers, Registry General, Health, Public Works and Parks. A spokesperson said, “The Government is reminding the public that people who use credit cards to... Read more of this article

Column: Businesses Using Technology Well

Column: Businesses Using Technology Well

[Opinion column written by Gilbert Darrell] I was listening the other day to John Livesay’s podcast with Erik Qualman. It’s a great episode on how to be a business leader in a world now consumed by technology, social media and hyper connected devices. In the conversation he discusses how Howard Shultz from Starbucks, who went from leaving the company,... Read more of this article

Network Outage In NY Impacts Local Internet

Network Outage In NY Impacts Local Internet

A network outage in New York impacted internet and mobile data speeds in Bermuda today, and while One’s technical teams immediately began redirecting data traffic away from the damaged circuit, reduced data speeds continued until approximately 2:30pm. A spokesperson said, “Just after 11am ADT on May 1, 2019 One Communications was alerted to... Read more of this article

Somersfield Robotics Team Earns Award

Somersfield Robotics Team Earns Award

Nine members of the Somersfield Academy middle school robotics team recently traveled to Louisville, Kentucky to compete in the 2019 VEX World Championships, where they earned a Judges Award. A spokesperson said, “The Somersfield Sharks team was up against competition from all around the world, with several teams from China and the USA dominating... Read more of this article

Light Bulb Exchange Programme Starts Today

Light Bulb Exchange Programme Starts Today

The Department of Energy announced the official launch of the LED Exchange Programme, effective today [May 1]. A Government spokesperson said, “Beginning today and continuing as long as supplies last, members of the public are encouraged to bring one incandescent light bulb to participating retailers in exchange for one energy-efficient LED bulb,... Read more of this article

Column: Credit Cards, Fintech & Job Losses

Column: Credit Cards, Fintech & Job Losses

[Opinion column written by Chris Garrod] “Do You Take Credit Cards?” When did you last hear someone say that? If I had to guess, for most people, perhaps 2 or 3 years ago. Perhaps at a cafe, in a taxi? But it is unbelievably rare now. Bermuda’s oldest bank, The Bank of N.T. Butterfield & Son Limited, announced two weeks ago that it had to... Read more of this article

Photos: Student-Designed Robots Make A Splash

Photos: Student-Designed Robots Make A Splash

On Saturday, April 27, twenty-four teams from eight schools—including a new team from Impact Mentoring Academy—met at the National Sports Centre for the 2019 Marine Advanced Technology in Education [MATE] Bermuda Regional Remotely Operated Vehicle [ROV] Challenge. The program, hosted by the Bermuda Institute of Ocean Sciences [BIOS], is part of... Read more of this article

Hamilton Expands Partnership With Code441

Hamilton Expands Partnership With Code441

Hamilton Insurance Group, the Bermuda-based holding company for insurance and reinsurance operations in Bermuda and at Lloyd’s, today announced it is expanding its partnership with Code441, a non-profit that equips young people with the skills, resources and confidence to pursue opportunities in technology. Hamilton and Code441 are teaming up to... Read more of this article

Govt & Bermuda College Launch ‘Tree Frog’ App

Govt & Bermuda College Launch ‘Tree Frog’ App

The Government and Bermuda College have officially launched the first app created by their partnership; the new Government Notification Application, which has been named ‘Tree Frog’. Premier David Burt said, “In 2017 this Government made a promise, to put education and workforce development at the top of our agenda, and in our election manifesto,... Read more of this article

Teams To Gather For Robotics Challenge

Teams To Gather For Robotics Challenge

Twenty-four teams from 10 Bermuda schools and educational organizations, including a new team from Impact Mentoring Academy, will converge on the National Sports Centre on April 27th for the 2019 Marine Advanced Technology in Education [MATE] Bermuda Regional Remotely Operated Vehicle [ROV] Challenge. The program, hosted by the Bermuda Institute of... Read more of this article