Category Archives: Caribbean News

Daily regional news summary from Cuba!: The source for the latest news throughout Cuba and Caribbean.

Cloud Carib Ranked Among Top Third World’s Most Elite 501 Managed Service Providers

News Americas, BRIDGETOWN, Barbados, July 18, 2019: Cloud Carib has been named as one of the world’s premier managed service providers on the prestigious 12th-annual Channel Futures MSP 501 rankings. Coming in above all other providers in the Caribbean and Latin America, and #160 out of 501 managed service providers worldwide, there’s a lot to be proud of for The Bahamas owned and headquartered company.

Every year, MSPs worldwide complete an extensive survey and application to report their product offerings, growth rates, annual total and recurring revenues, pricing structures, revenue mix and more. MSPs were ranked according to a unique methodology that weights revenue figures according to how well the applicant’s business strategy anticipates trends in the fast-evolving channel ecosystem.

Channel Futures is pleased to name Cloud Carib to the 2019 MSP 501.

“We’re honored to be awarded #160 out of the top 501 MSPs worldwide, and to be the highest rated in both the Caribbean and Latin American regions,” said Scott MacKenzie, CEO, Cloud Carib. “We’re proud to be recognized on a global scale and take it as further evidence that we’re helping transform this region and establishing the Bahamas as a tech hub of the region. Every year more MSPs enter the market and competition gets fiercer, our ranking demonstrates our dedication to our client’s business needs, our thirst for innovation and forward thinking as well as our ability to compete on a global scale”.

In the 12 years since its inception, the MSP 501 has evolved from a competitive ranking list into a vibrant group of service providers, vendors, distributors, consultants and industry analysts working together to define the growing managed service opportunity.

“The 2019 MSP 501 winners are the most elite, innovative and strategic IT service providers on the planet, and they stand as a model of excellence in the industry,” says Kris Blackmon, Content Director of Channel Partners and Channel Futures and lead of the MSP 501 program. “As the MSP 501 Community grows, leagues of managed service providers learn from the successes of these winning companies, gaining insight into the best practices, strategies and technologies that elevate an MSP to the level of the 501 winners. Our heartfelt congratulations to the 2019 winners and gratitude to the thousands of MSPs that have contributed to the continuing growth and success of both the 501 and the thriving managed services sector.”

In addition to deciding the rankings, the survey drives the creation of an annual in-depth study of business and technology trends in the IT channel, released each year at the Channel Partners Evolution conference. The full MSP 501 Report leverages applicant responses, interviews with industry experts and historical data to give a well-rounded picture of the managed services opportunity.

The complete 2019 MSP 501 list is available at Channel Futures.

About Cloud Carib
Cloud Carib is the region’s premier provider of managed cloud services founded upon the principles of delivering quality, agility, and value for every client. Solutions range from complex bespoke dedicated private cloud offerings to hybrid cloud services. Every solution provides clients with controlled costs, unrivaled levels of service, and unparalleled levels of data protection and privacy – when and where privacy matters.

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PaySett Corporation expands its regional payment partnership with JMMB Group of Trinidad & Tobago

ATLANTA and PORT OF SPAIN, Trinidad and Tobago, July 17, 2019 /PRNewswire-HISPANIC PR WIRE/ — PaySett Corporation, a global provider of ePayment solutions and JMMB Group, announced today an expansion of their partnership to continue to drive up electronic payments adoption in the Caribbean region.

Jesus Garcia, VP of Business Development, commented, “Regional financial institutions like JMMB rely on PayBank® to process a large volume of electronic payments from multiple banking channels which creates efficiencies that reduce operational costs while providing more innovative services to their customer base.”  PayBank’s robust feature set and adaptability across payment systems in many different countries allows global and regional banks to standardize their payment processing in a global environment. These capabilities allow for fast deployment of new payment innovations on a global basis.  PayBank® is part of a suite of products from PaySett that allows for the processing of both consumer and corporate payments in a real time or batch environment.  Mr. Garcia further commented, “For over a decade, JMMB has relied on PaySett’s solutions for their payment processing needs and we look forward to further collaboration in the region.”

Lisa-Maria Alexander, Chief Marketing Officer at JMMB Group also commented, “We are really pleased to partner with PaySett in bringing increased efficiency and innovation to our clients here in Trinidad & Tobago.”

About PaySett Corporation

Atlanta, Georgia based PaySett Corporation is a global provider of payment software solutions. PaySett provides products/services to assist global financial entities to effectively manage the way money moves throughout their organizations and for their customers. PaySett’s two decades of experience moving payments through national and international payment networks has allowed for the development of advance payment software for assisting global banks with the capability to enhance their regional and global payment network processing capabilities.  Fifteen of the top twenty global banks process payments through PaySett software.

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The Shore Club Turks And Caicos Named #1 Resort In The Caribbean, Bermuda And Bahamas In Travel + Leisure Magazine

Meredith Corporation’s travel authority reveals 2019 “World’s Best” list, spotlighting best hotels around the world

NEW YORK, July 10, 2019 /PRNewswire-HISPANIC PR WIRE/ — Travel + Leisure magazine announced the results of its annual World’s Best Awards, with The Shore Club Turks and Caicos named #1 in the category of Top 25 Resort Hotels in the Caribbean, Bermuda, and the Bahamas. This is the first time in recent years that a Turks & Caicos resort has received top honors.

As the first and only resort on Long Bay Beach in Providenciales, The Shore Club has opened to major acclaim in the last two years, receiving praise and positive feedback from guests, travelers, industry professionals and media. Alongside the 106 ocean-view suites with private verandas and four luxury Villas, four pools, 820 feet of beachfront, a Dune Spa and Wellness Center, water sports, Japanese-Peruvian cuisine, the luxury resort stands apart due to its unbeatable location on the world’s best beach and engaging and anticipatory service.

Every year, Travel + Leisure showcases the top travel destinations and companies around the globe as rated by its readers as the World’s Best. Readers share their favorite cities, hotels, resorts, spas, restaurants, and experiences around the world, culminating in the World’s Best list, and earning a spot is considered a high honor in the hotel industry.

“We’ve been thrilled with the positive response to The Shore Club since opening in 2017, and the honor of being named as ‘best’ in the Caribbean is truly the cherry on top,” says Stan Hartling, hotel owner and CEO of The Hartling Group. “What sets The Shore Club apart is the active and vibrant energy that is felt immediately when arriving to the resort, and we thank our team and staff for bringing the island flair to each and every personalized stay.”

With upcoming events such as the Turks & Caicos Islands Film Festival and new Villa openings later this year, The Shore Club remains one of the most sought-after places to stay in the Caribbean. In addition to the highest accolade in that category, The Shore Club was also ranked #30 in the Top 100 Hotels in World. Its sister property, The Palms Turks and Caicos was also listed in the Top 25 Resort Hotels in the Caribbean, Bermuda, and the Bahamas as #13.

“For 24 years, our readers have been voting in the Travel + Leisure World’s Best Awards. This annual franchise is a global collection of the top hotels, islands, cities, cruise lines, airlines, and more,” says Editor-in-Chief Jacqueline Gifford. “Brands and properties from all over the world—from Peru to Japan, India to Italy, and right here at home in the United States—are recognized by our audience because they deliver on exceptional experiences, rooted in a sense of place. I congratulate all of this year’s winners, who have worked so hard to be among the world’s best.”

The 2019 World’s Best Awards lists, as well as survey methodology, are currently featured on and will appear in the August issue of the magazine.

About Travel + Leisure
Travel + Leisure is the preeminent voice for the sophisticated traveler, serving up expert intelligence and the most immersive, inspiring travel lifestyle content anywhere. Travel + Leisure captures the joy of discovering the pleasures the world has to offer—from art and design to shopping and style to food and drink—and offers compelling reasons to get up and go. With a total global audience of more than 15 million, the Travel + Leisure portfolio includes the U.S. flagship and four international editions in China, India, Mexico, and Southeast Asia. The U.S. edition of T+L, which launched in 1971, is the only monthly consumer travel magazine in print in the U.S., has an authoritative website,, and an extensive social media following of more than 13 million. Travel + Leisure also encompasses newsletters and media collaborations.

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The Cayman Islands Investment Group Ltd. Announces Availability of

GEORGE TOWN, Cayman Islands, July 5, 2019 /PRNewswire/ — Today,  The Cayman Islands Investment Group Ltd. announced immediate availability of, enabling traders of all levels of expertise to immediately register and use the Digital Asset Trading platform.

“We are truly excited to release this platform to the world.” said Malcolm Hurlston, Chief Marketing Officer at The Cayman Islands Investment Group Ltd..

Many Countries, One Goal

Many consumers interested in the cryptocurrency world have showed keen interest in the latest platform coming to the shores of the Cayman Islands. Recent studies have shown that as the general media becomes more and more aware of cryptocurrency business, the Caribbean has been taking a closer look at the possibilities of Cryptocommerce.

“ is just the beginning of adaptation in the Caribbean,” continued Mr, Hurlston. “We want to become the central hub for everything crypto-related in the Caribbean. We at CIIG are dedicated to creating new products that benefit the investors and entrepreneurs of the future, including an ERC-20 based Money Transfer system!” Availability is immediately available for sign up today! Just visit For more info on the Cayman Islands Investment Group Ltd., businesses and consumers can visit

Founded in 2018,  The Cayman Islands Investment Group is a Registered Company in the Cayman Islands. The company offers a wide range of products and services designed to develop the entrepreneurial economy of the Cayman Islands and beyond.

The Cayman Islands Investment Group Ltd. and are either registered trademarks or trademarks of The Cayman Islands Investment Group Ltd. in the Cayman Islands and/or other countries.

The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

 For more information on

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This Caribbean National Has Made History As The First President Of The Tuskegee Airmen East Coast Chapter

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News Americas, WASHINGTON, Friday, June 28, 2019: A Caribbean national has made history as the first Caribbean-born President of the Tuskegee Airmen East Coast Chapter.

J. Christian, Esq., born in the Commonwealth of Dominica and from Maryland,
became president of the prestigious organization in December 2018. In so doing,
he is keeping the legacy of his father, Wendell McKenzie Christian, who was a
British Army World War II veteran.

Christian is an attorney, an author and has been a long-standing and active
volunteer member of ECCTAI for over a decade while also serving as lead counsel
at his Bowie-based law practice: The Maryland Law Offices of Gabriel J.
Christian & Associates.

been raised by a decorated fireman father and a dutiful mother who impressed
upon him the importance of civil services, Christian seeks to preserve the
legacy of the proud Tuskegee Airmen.

successes expanded the bounds of freedom and equality for all people, at home
and abroad,” he said.

East Coast Chapter of Tuskegee Airmen, Inc,. (ECCTAI), is the largest and most
active chapter in the national organization and brings together — in the
spirit of friendship and goodwill — all who share in the aspirations and
successes of the men and women who pioneered military aviation in the Tuskegee
Airmen; a group of Black military pilots who fought in World War II.

summer, Christian led the Tuskegee Airmen by organizing and hosting a historic
fundraising event which featured two prominent Caribbean nationals during its
2019 Tuskegee Youth In Aviation Breakfast Fundraiser on May 25th in Oxon Hill,
Maryland under the theme: ‘Honoring the Legacy of Excellence.’

event’s keynote speaker was Jamaican-native islander Robert Rashford, an
internationally known aerospace engineer who makes tools for use in outer

wide-ranging work has earned him many awards including four awards from NASA
for his work on the Upper Atmosphere Research Satellite and the Hubble Space
Telescope. He also received an award for Excellence in Science and Technology
from the Institute of Caribbean Studies.

challenges in your life; if you have no challenges, you do not live- use each
one to motivate you to achieve great things,” he advises youth. He also urged
them to challenge themselves.

a time when space exploration is key to the survival of our species, our
scholarship program helps fund activities that promote aerospace and youth
leadership development, especially in the areas of science, technology,
engineering, and mathematics,” said Christian.

is dedicated to fostering recognition of and preserving the history of Black
achievements in aviation, and to inspiring and motivating young men and women
toward endeavors in aviation and aerospace careers.

more on ECCTAI and to start making a difference, log on to

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Holistica, A New Joint Venture, Innovates Destination Development For Evolving World

MIAMI, June 24, 2019 /PRNewswire-HISPANIC PR WIRE/ — Two respected leaders in the travel and tourism industry, Royal Caribbean Cruises Ltd. (NYSE: RCL) and privately-held ITM Group, are teaming to form a new destination company, to be called Holistica.

Holistica will create an inclusive model for destination development that works holistically – thus the name – to meet the needs of coastal communities, local governments, and land, sea, and air travelers.

“The continuing growth and rising popularity of cruise vacations make it clear that the sustainable development of coastal destinations, including the thoughtful evolution of existing ones, is in the travel industry’s best interest,” said Michael Bayley of RCL. “We have spent five decades learning what works and what doesn’t, and we know the potential of strategic development to deliver extraordinary guest experiences and meet the needs of local communities.”

Mauricio Hamui of ITM Group said: “A well-designed destination brings economic benefits to communities and cultural enrichment to travelers, while creating the least possible disruption to the human and natural environment. There is a way to do these projects inclusively, collaboratively, and sustainably – and those are the characteristics this new partnership is meant to embody.”

Holistica Destinations, Ltd. will be a 50-50 partnership between RCL and ITM Group. The partners have commenced a search for a CEO for the new company, which will be headquartered in Miami.

Holistica’s first project: a $275 million development in Freeport, The Bahamas, was originated by RCL and ITM and is currently under review by the Bahamian government. Centered on the regeneration of the Grand Lucayan resort, the project includes ambitious plans for local ownership, employment, job training, community investment and sustainable construction practices.

In addition to the Freeport project, the companies said the new venture will own and operate destinations in Costa Maya, Mexico; Roatan, Honduras; and Kumamoto, Japan. These projects, among others, will serve 8 million visitors annually, and be accessible to all travelers, including land and air vacationers and guests of multiple cruise lines. Holistica is also engaged in discussions regarding multiple existing and proposed destinations around the world.

“The timing is right for a venture of this type,” said Hamui. “A collaborative development approach, paired with meaningful private financial resources, gives local destinations the opportunity to grow the right way.”

Added Bayley: “Having more destinations, and developing them in a responsible manner, gives travelers greater vacation quality, and expands the landscape of available travel options as the tourism industry grows.”

Royal Caribbean Cruises Ltd. (NYSE: RCL) is a global cruise vacation company that controls and operates four global brands: Royal Caribbean International, Celebrity Cruises, Azamara Club Cruises and Silversea Cruises. We are also a 50 percent joint venture owner of the German brand TUI Cruises and a 49 percent shareholder in the Spanish brand Pullmantur Cruceros. Together, these brands operate a combined total of 61 ships with an additional 15 on order as of March 31, 2019. They operate diverse itineraries around the world that call on all seven continents. Additional information can be found on

Based in Cancun, ITM GROUP is a private Mexican company with more than 30 years experience developing high quality tourism and entertainment infrastructure, as well as real estate. It has built and operated more than six cruise ports in Mexico and the Caribbean, using the tailor-made sustainable technology needed to create, develop and consolidate integrated tourism destinations. 

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The Cruise Industry Is Open for Business with Destinations and Stakeholders: Registration Open for FCCA Cruise Conference & Trade Show

MIRAMAR, Florida, June 19, 2019 /PRNewswire-HISPANIC PR WIRE/ — Florida-Caribbean Cruise Association (FCCA), the trade association that represents the mutual interests of Caribbean and Latin American destinations and stakeholders along with Member Lines that operate 95 percent of the global cruising capacity, is pleased to announce that registration is open for the 26th annual FCCA Cruise Conference & Trade Show, the largest and only official cruise tourism conference and trade show in the region. Taking place in San Juan, Puerto Rico from October 21-25, it will link participants with more than 100 high-level executives expected from Member Lines for a series of meetings, workshops and networking opportunities focused on developing mutual understanding and success.

“Last year’s record attendance of more than 150 Member Line representatives – including 11 presidents and above – again displayed the cruise industry’s interest in not only working directly with destinations and stakeholders, but also listening to their needs and understanding how to develop long-term mutual success,” said Michele Paige, President, FCCA. “We look forward to again presenting those opportunities, while enhancing them with new features to further optimize Conference participants’ and Trade Show exhibitors’ invaluable interactions with Member Line representatives.”

All Conference participants will have access to workshops led by cruise executives and successful stakeholders concentrated on topics ranging from attracting and fulfilling diverse cruise guests and cruise lines, to filling ships with supplies and employees – and participants’ needs taking center stage through most workshops encouraging input.

All participants will also have unique opportunities to meet with cruise executives during networking functions throughout the event.

Plus, pre-registered Delegates will have a host of cruise executives to select for one-on-one meetings where they can give a pitch and receive everything from individualized input to potential deals – with nearly 100 cruise executives scheduling one-on-one meetings in 2018. Delegates will also enjoy premium features including the VIP Lounge, where cruise executives often lounge, and event transfers.

The Trade Show will expand the target on the influential audience. Any booth will display a product, company or destination, and Pavilion options are available to increase the impact with grand sizes, prime locations and the ability to showcase a destination or company as a team. Additionally, Trade Show Pavilions will again include space for private meetings coordinated by FCCA, with this year’s event launching new ways to maximize the popular initiative introduced last year.

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Five Caribbean Roots US Television Personalities You Should Know

News Americas, NEW YORK, NY, Fri. June 7, 2019: It’s another Caribbean American Heritage Month and while many Caribbean nationals and Caribbean roots nationals remain largely hidden as part of the black or Asian ethnic groups of the US, millions are part of the fabric of these United States, including appearing on U.S. mainstream television. Here are five you should know:

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Kendis Gibson

Kendis Gibson started
as a weekend anchor on MSNBC this past January 2019, after a stint at ABC News.
He is the latest hire by the NBCUniversal cable-news network as it continues to
emphasize live news programming on Saturdays and Sundays with Live Weekend.

Gibson was born in
Central America, Belize City in Belize to parents Alrick Gibson, who was a
cabinet maker in the city of Belize and his mother Hortense Gibson, a simple

His parents moved
the family to the United States in the 1980s where he completed his high school
education and proceeded to the State University of New York, Oswego where he
studied Political Science, earning a degree in the discipline in 1994. Having
graduated, Gibson sought work in journalism. He applied and got a job at the
NBC station in Rochester in New York and spent three years as a news reporter
for the station, delivering the news to the ears of New Yorkers before he moved
to Philadelphia and joined WTXF as a morning anchor and news reporter.

There he two Emmy
Awards for Outstanding News Reporting and Sports Feature. A completed stint at
Philadelphia meant a return to New York for the New York-raised Belizean turned
American. He became a lead reporter for the WNBC News Channel.

He joined ABC News
in 2014 and served as anchor of “World News Now” and “America This Morning,” an
early-morning program.  At ABC, he was
the first network correspondent at the Santa Barbara oil spill; reported on the
FIFA scandal in Switzerland and covered the shooting of an unarmed black man by
a white police officer in South Carolina.

Gibson has also worked for CBS News’ Newspath; for CNN and its sister network, HLN; and for Washington D.C.’s WJLA, among others.

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2: Abby Phillip

Abby Phillip joined
CNN in 2016 and covers the Trump Administration. Before CNN she worked at the
Washington Post, where her roles included national political reporting and
general assignments.

She was born to
Trinidadian parents, June C. Phillip and
Carlos W. Phillip, and grew up in Bowie, Maryland. Phillip
later attended and graduated from Harvard University in 2010 with a degree in

Phillip began her
journalism career as a White House reporter and blogger for POLITICO covering
campaign finance issues and lobbying.

She also worked at
ABC News, where she was an ABC News Fellow as well as a digital reporter in New
York City.

Philip appears occasionally on Washington Week with Robert Costa, on PBS. She lives in Washington D.C. with her fiancé Marcus Richardson before they married in May 2018.

3: Yamiche Alcindor

Yamiche Léone
Alcindor is the White House correspondent for the PBS NewsHour and a political
contributor to NBC News and MSNBC. She was born in Miami to Haitian parents.

When she was in
high school, she was an intern at the Westside Gazette, a local
African-American newspaper, and the Miami Herald (2005) She would go on to earn
a bachelor’s degree in English and government with a minor in African-American
studies at Georgetown University in 2009. She would go on to work as a reporter
for USA Today, Newsday and The New York Times.

In 2015, Alcindor
received a master’s degree in “broadcast news and documentary
filmmaking” at New York University. In January 2018, she was named White
House correspondent of the PBS NewsHour, replacing John Yang, who was named the
NewsHour’s national correspondent. In this position Alcindor covers the Trump

4: Rachel McNeill

Born in Jamaica, Rachel
McNeill currently anchors the Today in AZ weekday mornings from 4:30 – 7 a.m. in
Arizona and the Today in AZ Facebook Live After Show at 7:30 a.m.

An Emmy-Award
winning journalist, she joined 12 News in April 2019 from KPRC 2, the Houston
NBC affiliate, where she anchored and reported for over 17 years. McNeill moved
to the Houston-area when she was 6-years old, after living in Galveston for two

Earlier in her
career, she worked in the New Orleans, Raleigh, and Midland markets.  A proud graduate of the University of Texas
at Austin, McNeill earned her degree in Broadcast Journalism.

During her career,
Rachel has covered everything from the Newton School shootings, 2013
Presidential Inauguration, and Sochi and Rio Olympic Games.

Committed to
community service, Rachel volunteers her time with at-risk youth, and works
closely with Big Brothers Big Sisters of America, and Dress for Success.

She relocated to Arizona at the beginning of 2019 with her husband, Dr. Wayne Franklin, the Co-Director of the Heart Center at Phoenix Children’s Hospital, and their two sons, Hudson and Lionel.

5: Marlie Hall

New York-born, Haitian
American Marlie Hall is currently a morning anchor at Early Today on NBC, News.

Hall earned a
bachelor’s degree in journalism from St. John’s University and also has an
M.B.A. from Dowling College.

Skilled in front
of and behind the camera, Hall began her career in broadcast journalism as an
anchor and correspondent for News 12 The Bronx. She was a general assignment
reporter for WCBS-TV; hosted her own show, Recipe for Success, and several
specials on the Food Network; and was a news anchor and correspondent for Cablevision’s

Hall has also worked
for PHL 17 in Philadelphia, One Caribbean Television and Cablevision’s HDNews
where she earned a Bronze Telly Award for her commentary on Haiti’s healthcare


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Caribbean Countries Agree to Protect Endangered Largetooth Sawfish

ROATÁN, Honduras, June 5, 2019 /PRNewswire-HISPANIC PR WIRE/ — Today, on World Environment Day, the critically endangered largetooth sawfish gained a lifeline as Caribbean countries unanimously agreed to add the species to Annex II of the Specially Protected Areas and Wildlife (SPAW) Protocol under the Cartagena Convention. Seventeen member governments are thereby obligated to impose strict national protections for the species and cooperate regionally to recover populations.

“We are pleased that governments from across the Caribbean have seen the value of saving the iconic and irreplaceable largetooth sawfish from further regional extinction,” said Olga Koubrak, legal advisor for Sealife Law. “Sawfish are among the world’s most endangered marine species and urgently need strict legal protections wherever they remain.”

All five sawfish species worldwide are classified as Endangered or Critically Endangered under the IUCN Red List. Largetooth and smalltooth sawfish were once common in the Caribbean but are now seriously depleted. The smalltooth sawfish was added to SPAW Annex II in 2017. Caribbean countries thought to still have sawfish in their waters include the Bahamas, Cuba, Colombia, and Costa Rica. The level of national sawfish protection varies, however, and regional conservation initiatives are lacking.

“Today’s decision is warranted and welcome, as time is running out for sawfish,” said Sonja Fordham, president of Shark Advocates International. “The success of this measure depends on prompt and robust implementation of associated conservation commitments. We thank the Netherlands for proposing sawfish listing and urge continued engagement to ensure sawfish protection programs are developed across the Caribbean, before it’s too late.”

Found globally in warm waters, sawfish can grow to nearly 20 feet. Like other rays, low reproductive rates leave them exceptionally vulnerable to overfishing. Incidental catch is the main threat to sawfish; their tooth-studded snouts are easily entangled in nets. Despite increasing protections, sawfish parts are used for curios, food, medicine, and cockfighting. Habitat degradation also jeopardizes survival.

Sealife Law (SL) brings legal information and education to ocean conservation. Shark Advocates International (SAI) advances science-based policies for sharks and rays. SL and SAI have joined with marine researchers from Havenworth Coastal Conservation (HCC), CubaMar, and Florida State University to form a Caribbean sawfish coalition, supported by the Shark Conservation Fund. SAI, HCC, and CubaMar are projects of The Ocean Foundation.

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Paysett Corporation Continues Its Global Expansion Of Real Time Payments

ATLANTA and SAN SALVADOR, El Salvador, June 5, 2019 /PRNewswire-HISPANIC PR WIRE/ — PaySett Corporation a global provider of Payment solutions along with ACH El Salvador announced today the start of the implementation of the PayExpedite® RTP platform based on the  ISO 20022 standard.

Laura Bowen the head of Treasury and Trade Solutions at Citi commented “For over 55 years we have been a trusted ally of our customers supporting their initiatives and entrepreneurship. As a member of the El Salvador financial system we are focused on modernizing the ACH in order to bring a better service to our customers”.

Jesus Garcia VP of Business Development added “The ease, speed, and security provided by a proven solution like PayExpedite® allows a financial entity to accommodate the future needs of the financial system while driving down costs of traditional payment methods such as cash and checks.”

“The ACH will evolve over the next several months into a more efficient system for the Salvadorians and businesses via the country’s interbank immediate funds transfer and payments system. This will be the path toward more mature and robust services of the payments system that we have been proposing” indicated Roberto Monterrosa, General Manager of ACH El Salvador.

Participants will be able to process consumer, corporate and government payments in real time through a multitude of banking channels.

About PaySett Corporation

Atlanta Georgia based PaySett Corporation is a global provider of payment software solutions. PaySett provides products/services to assist global financial entities to effectively manage the way money moves throughout their organizations and for their customers. PaySett’s two decades of experience moving payments through national and international payment networks has allowed for the development of advance payment software for assisting global banks with the capability to enhance their regional and global payment network processing capabilities.  Sixteen of the top twenty global banks process payments through PaySett software.

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