Category: technology
BlockFi Selects Bermuda For Expansion
BlockFi has announced that the Bermuda Monetary Authority has granted its Bermuda subsidiary, BlockFi International Ltd., a “Class F” Digital Assets Business License. A spokesperson said, “BlockFi, a crypto financial services company, is pleased to announce that the Bermuda Monetary Authority has granted its Bermuda subsidiary, BlockFi... Read more of this article
Worldwide SAT Test Will Go Completely Digital
The SAT — a test taken by many high schoolers worldwide – will “soon be taken exclusively on a computer” with the changes reportedly set to begin in 2023. The New York Times reported, “The SAT will soon be taken exclusively on a computer, the College Board announced on Tuesday, ending an era in which high schoolers have had... Read more of this article
“Scaling Up Customs Digital Transformation”
This year’s International Customs Day – set for tomorrow [Jan 26] – will be dedicated to “scaling up customs digital transformation by embracing a digital culture and building a data ecosystem.” A Government spokesperson said, “The World Customs Organisation [WCO] has declared that this year’s International Customs Day will... Read more of this article
PrivCom Welcomes Cha’Von Clarke-Joell
The Office of the Privacy Commissioner for Bermuda announced that Cha’Von Clarke-Joell will be the new Assistant Commissioner. A spokesperson said, “Starting March 2022, Assistant Commissioner Clarke-Joell will lead the policy and engagement unit for the Office, with varied responsibilities for public-facing community interactions, strategic... Read more of this article
One Communications Unlimited Data Plans
One Communications has announced the introduction of unlimited smartphone data plans with no overages, with the plans available since November of last year. A spokesperson said, “One Communications announced the introduction of unlimited smartphone data plans with no overages. The plans became available on November 26, 2021 as part of the holiday... Read more of this article
Privacy Commissioner: Data Privacy Day 2022
In recognition of Data Privacy Day on January 28, the Privacy Commissioner for Bermuda is inviting the community to take part in events and “reflection on the importance of your PIPA rights.” A spokesperson said, “In honour of Data Privacy Day, 28 January 2022, we invite the community to join us in events and reflection on the importance... Read more of this article
Bank Warns Of Increase In Scam Attempts
HSBC Bermuda warned of an “increase in attempts by scammers to trick the public into surrendering confidential information or transferring funds to unintended recipients.” A spokesperson said, “We would like to add our voice to recent messages provided by the Bermuda Police Service, warning the public that these types of fraudsters are... Read more of this article
“By All Indications, This Is An Online Scam”
Former Premier Dr Ewart Brown confirmed that he is not associated with a social media advertisement bearing his likeness, saying that “by all indications, this is an online scam, and my team has reported it to Facebook.” Dr. Brown said, “Users of Facebook might have recently seen an advertisement bearing my likeness. I can confirm... Read more of this article
Industry Experts Join Force To Launch Swiftly
Several insurance industry executives have joined forces to launch Swiftly, a global technology company, with operations in Bermuda and the U.S., “focused on driving down insurance costs while improving customer experience through an innovative technology ecosystem.” Swiftly is led by Michael Lyons, founder and former CEO of Weston Insurance,... Read more of this article
Wallpaper Wednesday: Red Diamond Reflection
The latest design in Bernews’ weekly Wallpaper Wednesday series features a diamond reflection of Bermuda on a red background, serving to metaphorically highlight the beauty of the island. The design is also available below as a Facebook profile cover image, and you can check back on Bernews every Wednesday for our latest free phone wallpaper download. To... Read more of this article
“Individuals Being Fleeced By Online Fraudsters”
The police continue to “receive reports of individuals being fleeced by online fraudsters,” saying that one scam involves the “use of social media [mainly Instagram] to promote a fraudulent scheme where residents are invited to deposit $1,000 into a local account for 10 minutes and in return, the resident will receive $10,000.” A... Read more of this article
CrossTower Launches ‘G-Coin Digital Gold’
CrossTower Inc — a crypto and digital asset exchange which has offices in the US, Bermuda, and India — has introduced the G-Coin digital gold token for its U.S. customers. A spokesperson said, ” Unlike cryptocurrencies, the G-Coin token is a digital title of ownership to 99.99% pure physical gold that is stored in secured vaults. All... Read more of this article
