FF News Logo
Sunday, May 31, 2026
Finastra x FF News

Breaking News

Woodforest National Bank Selects Jack Henry to Power Growth with a Modern, Integrated Platform Sircon Compensation Recognized for Helping Carriers Turn Agent Compensation Into a Competitive Advantage Saris Raises $28.8 Million to Scale Agentic Workflow Automation for Financial Institutions Multimodal and Multilingual Conversational AI Agents in Customer Support Speed, Flexibility, Scale: INCAT’s Formula for Building the Next Generation of Digital Banks AirPlus International and Kresus Technologies Help European Businesses Regain Control of Their Indirect Purchasing, in Collaboration with Mastercard Neema’s Dynamic Routing® Helps Financial Institutions Cut Payout Costs by Up to 24% EXCLUSIVE: “Setting The Pace” – Barb Morgan, Temenos in ‘The Fintech Magazine’ Ballerine Unveils Agenticom.org to Map and Solve Trust Gaps in Agentic Commerce ROLLER Partners with Adyen to Empower Over 3,000 Venues with Fast, Embedded Financing through Capital U.S. Faster Payments Council and ASC X9 Establish Joint Standards Steering Committee to Advance Faster Payments Standards Initiatives Securing Autonomous Agents in the Era of Agentic Commerce E-commerce Fraud and the Case for Vetting Sellers Fintech Week London Returns with New City-wide Festival to Match the Capital’s Global Fintech Status FinregE Accelerates Expansion with Appointment of Paul Lyon as Chief Marketing & Communications Officer

February 23 2026

Payment Spayce and Sagicor Bank: Innovating Fintech for the Caribbean Market

Share this post:

Share on LinkedIn Share on WhatsApp

In a conversation with Philip Share of Payment Spayce and George Thomas of Sagicor Bank, they discuss how modern fintech is transforming money movement, especially in the Caribbean. Share explained that wallet-to-wallet transfers are ledger transactions that are handled behind the scenes, so users don’t worry about ACH, SWIFT, or card networks. Compliance, such as KYC, KYB, OFAC, PEP screening, is built into the transaction flow, making transfers instant, secure, and fully auditable while stressing that compliance should accelerate, and not hinder innovation.

Sagicor Bank noted that transforming legacy banks is like redesigning a moving train: complex and slow. Newer fintechs, by contrast, can build from scratch without outdated systems as cloud adoption is key for speed, but costs don’t automatically drop, so careful management is essential. While machine learning is central for onboarding, AML, fraud detection, and resource optimization; AI automates identity verification, detects unusual patterns, and ensures platform safety meaning that Generative AI is being explored cautiously.

Digital adoption is strong but requires education, especially for older users while cybersecurity, fraud prevention, and “cyber hygiene” are actively communicated. Within Sagicor Bank, retail banking clients use an app while their corporate clients use a secure portal which balances convenience and safety. Overall, Payment Spayce and Sagicor Bank emphasized that integrating compliance, smart tech, and client education creates fast, safe, and frictionless financial services, enabling real-time money movement without complications.

People In This Post

Philip Share

Philip Share

Payment Spayce
George Thomas

George Thomas

Sagicor Bank (Barbados) Limited

Companies In This Post

Payment Spayce
Sagicor Bank (Barbados) Limited

Sagicor Bank (Barbados) Limited
  1. Woodforest National Bank Selects Jack Henry to Power Growth with a Modern, Integrated Platform

    Fintech

     Read more
  2. Sircon Compensation Recognized for Helping Carriers Turn Agent Compensation Into a Competitive Advantage

    Insurtech

     Read more
  3. Saris Raises $28.8 Million to Scale Agentic Workflow Automation for Financial Institutions

    Funding

     Read more
  4. Multimodal and Multilingual Conversational AI Agents in Customer Support

    Banking Transformation Summit 2026

     Read more
  5. Speed, Flexibility, Scale: INCAT’s Formula for Building the Next Generation of Digital Banks

    Thought Leadership

     Read more
money2020 Europe x FFNews
More On