South Florida Caribbean News

Mastercard and Trinidad & Tobago International Financial Centre Fast Track Digital Transformation

Mastercard and Trinidad & Tobago International Financial Centre Fast Track Digital Transformation

John Outridge, Chief Executive Officer of TTIFC, and Dalton Fowles, Mastercard Country Manager for Jamaica and Trinidad & Tobago

Mastercard and Trinidad & Tobago International Financial Centre Fast Track Digital Transformation

John Outridge, Chief Executive Officer of TTIFC, (L) and Dalton Fowles, Mastercard Country Manager for Jamaica and Trinidad & Tobago

[PORT OF SPAIN, Trinidad] – Mastercard and Trinidad & Tobago International Financial Centre (TTIFC) announced their partnership to develop and implement strategic solutions that advance digital and financial inclusion by supporting fintech companies on the island. This agreement between Mastercard and TTIFC will accelerate digitalization.

Through this partnership, Mastercard will leverage its global technology platforms, insights, and experience from working with governments and fintech companies around the world to support Trinidad & Tobago in achieving its digital transformation objectives. The key areas of focus in the agreement include:

“The Caribbean is experiencing exponential growth in digitalization, and Trinidad & Tobago is leading the way. We are supporting this dramatic transformation and efforts to enable financial inclusion, especially after the global challenges we are facing due to the COVID-19 pandemic,” according to Dalton Fowles, Mastercard Country Manager for Jamaica and Trinidad & Tobago.

“As the TTIFC seeks to modernize the way citizens interact with the Government in terms of payments, it is imperative to have experienced partners such as Mastercard. Especially those who have the expertise and insights in enabling ‘cashless societies’,” explained John Outridge, Chief Executive Officer of TTIFC.

Mastercard and TTIFC have cemented their relationship through a Memorandum of Understanding (MoU), signed by John Outridge, Chief Executive Officer of TTIFC, and Dalton Fowles, Mastercard Country Manager for Jamaica and Trinidad & Tobago.

The MoU underlines Mastercard’s ongoing efforts to advance digital and financial inclusion through human capital development. In addition to small business engagement, supporting its global commitment. An effort to bring 1 billion people and 50 million micro and small businesses into the digital economy by 2025.

 

 

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