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CIBC FirstCaribbean’s Hackathon Sparks Cutting-Edge Solutions

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Bridgetown Barbados, 11 August 2023 — CIBC FirstCaribbean in association with global management consulting firm McKinsey & Company, joined forces recently to host the bank’s inaugural Hackathon as part of its Innovation and Planning exercise.

The one-day hybrid event, which combined online and in-person collaboration, brought together some of the bank’s best minds to tackle organizational challenges using cutting-edge Gen AI tools.

Six teams, including developers, data scientists, engineers and even a one-man team, represented by an ambitious intern, took on the challenge.  After an intense 24-hour event, the teams showcased their revolutionary solutions, which were evaluated on innovation, problem-solving capabilities, user-friendliness, value, functionality, and technological acumen.

In the end, the six-member team of Ctrl-Shift-Create claimed victory with their impressive idea which seeks to create a unified digital banking experience for retail clients that encapsulates the bank’s main product offerings and houses the core portals of the bank’s current ecosystem.  They also won the Technology award.  For their win, the team received a cash prize and 10 hours of coaching with McKinsey as well as other prizes.

Securing the second position and the Value award, Let’s Chat presented their AI-powered solution which promises to revolutionize customer engagement and support.  The third-place team, Magi Web Services impressed the judges with their innovative solution which offered a glimpse into the future of a personalised customer service experience.  It also earned them the Innovation award.

The other participating teams were: Darkside, who won the Responsiveness Award as well as Find & Track, and Autobots.  All participants were rewarded with gift certificates.

The judging panel of distinguished experts from both CIBC FirstCaribbean and McKinsey, played a crucial role in evaluating the teams’ efforts.  Their expertise and insight were pivotal in selecting the winners.

Setting the tone for the event in his opening remarks, Chief Information Officer, Esan Peters, emphasised the significance of creativity and innovation in driving the organisation’s digital journey.  Director of Technology and Innovation Sponsor, Jason Kinch echoed similar sentiments and reminded participants that like the bank’s 1st Pay digital payment solution, their ideas could spark the next revolution in banking.

Aligning his comments with those of his fellow executives during the Demo and Prize-giving, Director of Data, Wealth and Corporate Centre Technology and also an Innovation Sponsor, Trevor Wood, noted that while CIBC FirstCaribbean was known for its innovative digital banking services, it must not rest on its laurels.  Rather, it should continue to foster its culture of innovation to remain at the forefront of transformation.

The Hackathon was a melting pot of creativity and innovation which unleashed the full potential of the bank’s talented employees.

 

Photo Caption: First prize winners, Ctrl-Shift-Create, represented by [right-left] Steven Jemmott, Christopher Millar and Kadeem Austin [missing are: David Callender, Jesse Emamalie, and Irvin Reyes] receiving their prize and congratulations from Allan Mercer, Director of Retail Credit and Sales and Business Banking and also a judge of the Hackathon. Also sharing the spotlight were some members of the judging panel: Trevor Wood, Director of Data and Innovation and Allan Pinder, Application and Cloud Security Manager.

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JAMAICAN STUDENTS GAIN SCHOLARSHIPS TO STUDY IN CUBA

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KINGSTON, April 25 (JIS):

Fifteen young Jamaicans have gained scholarships to pursue tertiary training in medicine, nursing and civil engineering in the Republic of Cuba, under the Jamaica-Cuba Bilateral Scholarship Programme.

Speaking at the awards ceremony for the students, held at the Embassy of Cuba in St. Andrew on April 24, Minister of State in the Ministry of Foreign Affairs and Foreign Trade, Hon. Alando Terrelonge, said the scholarship component of the partnership is one of the many successes for Jamaicans.

“Through this valuable programme, the Government of Cuba has consistently invested in the educational development of Jamaican students, through the provision of well-needed and appreciated undergraduate and postgraduate scholarships, primarily in Medicine and Health Sciences,” Mr. Terrelonge said.

He highlighted that the long-standing, meaningful and mutually beneficial bond of friendship and cooperation has been shared between Jamaica and Cuba for more than 50 years and has provided invaluable support to Jamaica, with several agreements in the areas of Health, Science, Culture, Sports, Tourism and Education.

The Minister of State said that Jamaica is grateful for the unwavering support towards Jamaica’s development, adding that “not only are we close geographical partners but our relationship is based on, among other things, mutual respect and strong people-to-people connections”.

Mr. Terrelonge told the students that they have succeeded in securing their places in the various programmes and have proven themselves to be the “crème de la crème, having successfully undergone a rigorous selection process”.

“I commend you for your drive, hard work and dedication towards your educational development,” he said.

“As you prepare to depart Jamaica for diverse and vibrant Cuba, I encourage you all to continue to work diligently in your respective fields of study, to remain faithful to the goals you have set for yourselves, and to fly, even higher, the Jamaican flag in Cuba. It is my hope that you will not only meet but exceed your and your families’ expectations,” the State Minister added.

He also encouraged the students to view the scholarship not only as an opportunity to advance academically but to also “immerse yourselves in the rich culture of the Cuban people” and to form new connections, build networks, explore new adventures, improve their Spanish-speaking skills, and to stay connected with the Jamaica Embassy in Havana.

Under the full scholarship, tuition, accommodation, meals, clothing allowance, study materials and medical care are covered by Cuba.

The programme is administered by the Embassy of the Republic of Cuba in conjunction with the Scholarship Unit of the Ministry of Finance and the Public Service and other entities. Every year, the Cuban Government invites applications from persons wishing to pursue undergraduate and postgraduate studies.

 

CONTACT: GARFIELD L. ANGUS

 

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GROUND BROKEN FOR HIGH SCHOOL AT CHRISTEL HOUSE

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KINGSTON, May 1 (JIS):

Ground has been broken at the tuition-free Christel House at Twickenham Park, St. Catherine, for the construction of a high school.

Minister of Education and Youth, Hon. Faval Williams, who delivered the keynote address at the site, today (May 1), said Christel House’s dedication to breaking the cycle of poverty and empowering vulnerable children is “nothing short of inspiring”.

“Your decision to invest in Jamaica speaks volumes about your belief in our nation’s potential, and your dedication to making a meaningful difference in the lives of our youth is appreciated,” Minister Williams said.

She added that the partnership between the Government and the organisation, forged through a Memorandum of Understanding (MOU) in 2019, is a “prime example” of what can be achieved when public and private entities come together with a shared vision and purpose.

Further, the Minister said a foundation is being laid for a brighter future, one where every child has the opportunity to thrive and fulfil their potential, regardless of their circumstances.

She said that Christel House Jamaica, which now operates a kindergarten school at the location, will in time be more than just a school.

“It will be a symbol of optimism, a sanctuary of learning, and a catalyst for positive change in our community,” the Minister said.

“By providing comprehensive support, including education, nutrition, healthcare, and mentorship, Christel House will empower students to break free from the chains of poverty and chart a course towards a better tomorrow,” she added.

Mrs. Willliams said the shared goal between the Administration and Christel House extends beyond the construction of a building, as it is about nurturing the next generation of leaders, innovators, and change-makers who will shape the destiny of the nation.

“Together, we are sowing the seeds of prosperity, equity, and social justice, ensuring that no child is left behind,” she said.

The school provides breakfast, lunch and an afternoon snack, as well as transportation for children living far distances from the school. It also provides uniforms and textbooks, and counselling services for its students who have to contend with psychological and other emotional issues.

Founder of Christel House International, Christel Dehaan, emigrated from Germany to the United States (US) in 1962, and was an accomplished businesswoman.

In 1996, she sold her global enterprise, Resort Condominiums International (RCI), which had offices in 38 countries, and devoted her resources to philanthropic work from her headquarters in North Meridian Street, Indianapolis.

With support from dedicated donors, schools are run in India, Jamaica, Mexico, South Africa, and the US.

 

CONTACT: GARFIELD L. ANGUS

 

 

 

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VISITOR ARRIVALS NOT NEGATIVELY AFFECTED BY TRAVEL ADVISORIES KINGSTON, May 1 (JIS): 

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KINGSTON, May 1 (JIS): 

Jamaica’s visitor arrivals have not been negatively affected by travel advisories, says Minister of Tourism, Hon. Edmund Bartlett.

Addressing Wednesday’s (May 1) post-Cabinet press briefing at Jamaica House, he said travel advisories are the “purview” of Jamaica’s international partners.

“In evaluating what they regard as the state of our three Ss – safety, security and seamlessness – they do gradings. It is our job to ensure that at all times when the grades are done, that we are at the highest level of their evaluation,” Mr. Bartlett said.

He further shared that Jamaica is working feverishly at removing those elements that are considered to foster a negative evaluation.

“We are working also with our diplomatic partners to enable a better understanding of the Jamaican situation, and also we are relying heavily now on Jamaica’s history of strong, safe and secure experiences,” Mr. Bartlett said.

He pointed out that Jamaica has a 42 per cent repeat business, which is the highest in the region and the incidents that occur are limited in relation to the visitor population.

Stopover arrivals for the 2023/24 fiscal year are estimated at 2.96 million, reflecting a 9.4 per cent increase, while cruise arrivals are estimated at 1.34 million, up by nine per cent from the previous period in 2022/23.

“I’m happy that the market does not share the views of much of the advisories that come to us; that’s why we’re able to give you the numbers that we gave,” the Minister said.

CONTACT: JUDANA MURPHY

 

 

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