Microsoft Exchange 2016/2019 Server End of Life is Coming! Stay secure today
Time is of the essence for Microsoft Exchange Server 2016 and 2019 users. If you are still relying on either program to run your business, here is the reality check: the Exchange Server 2016 and 2019 will reach their end-of-life in October 2025. You might think you have time, but considering the preparation and migration […]
How to Choose the Right Fintech Solutions: A Guide for Emerging Markets
Financial institutions in emerging markets are often faced with unique challenges that can restrict their finance businesses from realising its full potential. Although there is a unique opportunity to leverage fintech solutions to expand access, improve efficiency, and enhance customer experiences, you might not know how to navigate the transition to a new and improved […]
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It is safe to say that payroll is the backbone of any business, yet too often, it is bogged down by outdated systems, manual processes, and compliance issues.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 […]
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!
Consistent experience builds trust
Take this as a testimony of hard work and commitment to our mission to be the catalyst for financial inclusion and fintech adoption in emerging markets globally. Our parent company, MC Systems, serves customers in 26 different countries while wearing the hat of being the only Caribbean-based technology company to offer a core banking platform. […]
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 […]
The New Wallet is Mobile!
In a world that is becoming increasingly digital, convenience is king. Gone are the days when people stuffed their wallets with cash, cards, and receipts. Instead, the new wallet is mobile, sitting comfortably on your smartphone. With just a tap, you can now make purchases, transfer money, or even pay bills without using traditional currency […]