Kanoo Pays has invested in near-field communication (NFC) technology that allows users to transfer funds between two NFC-enabled card devices, and does not require an internet connection. The investment is
As Kanoo Bahamas gets set to expand to four other nations in the region, co-founder and Chairman Nicholas Rees said the hosting of the 44th Regular Meeting of the Conference of Heads of Government of the Caribbean Community (CARICOM) is the perfect opportunity to advance deeper discussions on how Bahamian businesses can benefit from regional
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Kanoo becomes world’s first interoperable ‘mobile wallet’ for Central Bank digital currencies
Five months after The Central Bank of The Bahamas officially launched the Sand Dollar, a local authorized financial Institution, Kanoo has become the first financial institution in the world to have it completely integrated into its system, allowing for interoperability. Company officials believe this capability proves its commitment to ensuring all Bahamians have access and the ability to transact using Sand Dollars.
Kanoo’s co-founder and Chairman Nicholas Rees said this offering is not only something that Bahamians can be proud of, but one that they can all benefit from no matter where they live.