JAMAICAN MOBILE MONEY PROJECT IMPLEMENTED BY ALARIC TECHNOLOGY—02/26/13
Alaric Technology is working with Trancel on a project for the Development Bank of Jamaica (DBJ) designed to create the infrastructure required to provide mobile financial services to an under-served portion of Jamaica’s population. The Mobile Money for Microfinance project (M3) will leverage the bank’s approved microfinance institutions and give customers the capability to make inexpensive, person-to-person mobile money payments and transfers.
RESEARCHERS EXPLORE DEEPEST KNOWN UNDERSEA VENTS IN CARIBBEAN—02/27/13
Researchers are using a remote-controlled submarine to explore the deepest known hydrothermal vents in the world, collecting samples from these Caribbean depths. According to Jon Copley of the University of Southampton and chief scientist for the expedition from the United Kingdom’s Oceanography Center, researchers have seen hot fluid gush from volcanic chimneys under the sea in the area of the Cayman Trough. This liquid is rich in minerals. He is sure they have discovered a new species of sea anemone in the area, as well as some small crustaceans near the vent. The hottest sustained temperature measured to date was 752 degrees Fahrenheit.
SPATIAL DATA TO BE SUED TO MANAGE DISASTER RISK—02/28/13
Over 40 data managers, IT specialists, and software developers in the Caribbean plan to use spatial data to mitigate disaster risk in the region. These specialists addressed the issue during a week-long gathering at the St. Augustine campus of the University of the West Indies. At the gathering, they received training in the use of GeoNode, an open source data sharing and management platform that allows national governments and agencies to populate, view, and share data in a central depository. It is hoped this will lead to improvements in decision making about climate impacts now and in the future.
UK TELECOM TARGETS CARIBBEAN—03/01/13
Cable & Wireless, the telecom services firm from the United Kingdom, is looking for opportunities for growth in the Caribbean region. According to chief executive officer Tony Rice, once the company completes its current sale of assets in Monaco, the Maldives, and other island nations, it plans to move into the Caribbean. He sees the greatest opportunities in Cuba, Puerto Rico and the Dominican Republic.