Banks Sign MOU to Participate in the NIDS Pilot

about 3 years in Mckoys News

The Government on Friday, June 3 signed a Memorandum of Understanding (MOU) with deposit-taking institutions to participate in the pilot of the National Identification System (NIDS). Representatives of the Jamaica Bankers Association signed on behalf of the banks during a ceremony held at the Office of the Prime Minister. Prime Minister, the Most Hon. Andrew Holness, in his remarks at the signing, said that NIDS will improve the ease of doing business while further advancing Jamaica’s quest of becoming a digital society. The Prime Minister said that the partnership with the banks will ensure that there is a simplified process…

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