CHARLOTTE AMALIE — Kelly Thompson Webbe and Monique Samuel were recently appointed as Chief Financial Officer and Managing Director of the Economic Development Bank (EDB), respectively, at the Virgin Islands Economic Development Authority (VIEDA) in July 2021, according to an announcement from Wayne L. Biggs, Jr., VIEDA chief executive officer.
In less than three months’ time, El Salvador intends becoming the first country in the world to make Bitcoin its official currency alongside the U.S. Dollar. The country’s president, Nayib Bukele, a populist and media savvy disruptor, says that his decision will generate employment, enable the financial inclusion of tens
SAN JUAN — The Eastern Caribbean has created its own form of digital currency meant to help speed transactions and serve people without bank accounts. The Eastern Caribbean Central Bank said its “DCash” is the first such blockchain-based currency introduced by any of the world’s currency unions, though some individual
CHARLOTTE AMALIE — Local residents who received an NSF Unemployment Insurance check from the Virgin Islands Department of Labor this week are being asked to redeposit those checks into their bank accounts, the Department said. VIDOL said a “timing issue” affecting all UI recipients who don’t bank with Popular Bank
If there is one thing that most people share, it is the concern about financial security and money in general. Sooner or later, most people find themselves in debt –– whether that is credit card payments, mortgages, or anything. There are those that try to think of innovative solutions to
FREDERIKSTED — The second of two St. Croix women charged with stealing $4,000 from an elderly woman’s credit card was arrested recently, authorities said. Detectives of the VIPD Economic Crimes Unit arrested Marjorie Harry, 46, on a bench warrant for aggravated identity theft, forgery, obtaining money by false pretense, grand