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Remittance market heats up - Jamaica Observer

The multi-billion-dollar remittance market has heated up even further as Supreme Ventures Fintech Limited (SVFT) becomes the ninth company to receive a primary agent licence from the Bank of J.

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Revenues, earnings down for Lasco Financial as remittances soften

Lasco Financial Services Limited, LasFin, reported a 30 per cent dip in earnings for year ending March 2023, largely due to a reset in the remittance market from COVID-19 highs, the company said. The company, which is in the business of money.

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NCBFG expanding financial inclusion with NIDS pilot

NATIONAL Commercial Bank Jamaica Limited (NCBJ) has received approval from the Bank of Jamaica (BOJ) to develop and test three proof of concepts leveraging the national identification system (NIDS.

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GraceKennedy acquires Scotia Insurance in 5 countries, except TT - Trinidad and Tobago Newsday

GraceKennedy Financial Group (GKFG) has completed its acquisition of Scotia Insurance Caribbean Ltd's (SICL) operations in five Caribbean countries, excluding TT. Scotiabank and GKFG reached an agreement in August 2022 for a segment of the bank's insurance portfolio to be purchased by the Jamaica-based conglomerate. In a statement, the bank announced the deal "has closed."

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