BizPay: the smarter, simpler payroll solution
It is safe to say that payroll is the backbone of any business, yet too often, it is bogged down by outdated systems, manual processes, and compliance issues. If your payroll system is complex, time-consuming, or just not meeting your needs, it is time to upgrade. That is why MC Systems created BizPay—Jamaica’s first internet-based […]
Transcending Financial Operations with i2025
At Phoenix International, we remain steadfast in achieving our mission of becoming the catalyst for financial inclusion and fintech adoption in emerging markets globally. Our commitment is not just about providing technology but about transforming financial institutions to meet the growing demands of a digital-first world. Our new and improved core banking system has been […]
Payroll tax consolidation is coming in 2026! Is your business prepared?
A single payroll tax deduction is coming in 2026. This might seem like a long time from now, but planning is crucial. Starting January 2026, this reform will include consolidating payroll taxes and statutory deductions into a single deduction. As a company implementing payroll services, here’s what you need to know about this new implementation. […]
Start the Year Right with Sustainable Solutions: Eco-Friendly and Low-Waste Nature of Digital Banking Solutions
It is a brand-new year – 2025, and the conversations around climate change and sustaining our planet continue. Environmental consciousness continues to intersect with technological advancement. As a fintech company for the future, it is therefore essential that we encourage alignment of financial practices with sustainable solutions. Digital banking, with its progressive tools, offers a […]
Banking beyond borders | Reaching the unbanked and underbanked
In today’s world, many remain unbanked, particularly in the Caribbean and Latin America. Traditional banking often overlooks these individuals, but fintech is changing that. A farmer in Jamaica can now secure a loan with a few taps on her smartphone, while a family in Trinidad receives remittances instantly. At Phoenix International, we are committed to bridging these gaps and empowering communities through innovative financial solutions. Join us in fostering financial inclusion for all!
The Season for Security: Safeguarding Spending Through Digital Tools
The excitement of the holidays comes with gift-giving, celebrations, and, let us be honest, heavy spending. For financial institutions, it is also the season to reinforce the security of customers’ money and data. Cyber threats intensify during this time, and the last thing customers want is to have their festive mood dampened by fraud or […]
Phoenix International Round-Up 2024
We have wrapped another year at Phoenix International, and we are thrilled to reflect on the strides we made and the meaningful ways our solutions are empowering financial institutions across emerging markets in the Caribbean and other regions. Our mission has always been clear: to be the catalyst for financial inclusion and fintech adoption in […]
Considerations for Credit Unions: Banking transformed
Credit unions are at a critical crossroads. Once admired for their community-focused approach, they are now part of a rapidly changing financial ecosystem dominated by digital-first fintech and traditional financial institutions seeking to modernise. To remain competitive, credit unions must embrace technology and reconsider their position in the future of banking and finance. Here are […]
The Fintech Blueprint for Success
The road to success is hardly ever linear, and there is no exception for any business line or industry, even finance. Apply that notion to today’s society with its fast-evolving digital landscape and the new generations of informed millennials and Gen-Z participants. This places financial institutions (Fis) in emerging markets, particularly in the Caribbean, under increasing […]
Boosting Cybersecurity with fintech
A Vital Partnership for Financial Institutions The downside of technological advancements, especially in finance – is cybercriminals. The threat of data breaches, fraud, and malicious attacks is ever-growing. As the financial sector progresses with digital integrations, strengthening cybersecurity is necessary to safeguard customer information and maintain trust. This is where fintech innovations and solutions step […]