Central Bank Of The Bahamas news and trends

Bahamas Central Bank Advances Release of Digital Currency
Digital Payments // May 05, 2021

The national rollout of the Sand Dollar from the Central Bank of the Bahamas (CBOB) now has nine authorized financial institutions (FIs) that have completed the interoperability process, allowing them to communicate and exchange funds among the various platforms, the Nassau Guardian reported on Wednesday...

Mastercard, Island Pay Launch CBDC-Linked Card In The Bahamas
Digital Payments // February 22, 2021

Mastercard is partnering with mobile wallet provider Island Pay and the Central Bank of The Bahamas to launch the first ever prepaid card that lets people pay using the nation’s central bank digital currency (CBDC), the Bahamas digital Sand Dollar. Get the Full Story Complete...

Central Bank Of Bahamas To Introduce Digital Currency
Digital Banking // December 26, 2019

The Central Bank of the Bahamas is planning to start a rollout of its new digital currency on Friday (Dec. 27) in Exuma. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Quick Reads
Bahamas Central Bank Looks to Phase Out Checks 

December 28, 2021
The days of paying for things by check in the Bahamas could be coming to an end.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree […]

Bahamas Central Bank Advances Release of Digital Currency

May 05, 2021
The national rollout of the Sand Dollar from the Central Bank of the Bahamas (CBOB) now has nine authorized financial institutions (FIs) that have completed the interoperability process, allowing them...

Mastercard, Island Pay Launch CBDC-Linked Card In The Bahamas

February 22, 2021
Mastercard is partnering with mobile wallet provider Island Pay and the Central Bank of The Bahamas to launch the first ever prepaid card that lets people pay using the nation’s...

Central Bank Of Bahamas To Introduce Digital Currency

December 26, 2019
The Central Bank of the Bahamas is planning to start a rollout of its new digital currency on Friday (Dec. 27) in Exuma. Get the Full Story Complete the form...