JMR Infotech joins Caribbean Bank to drive digital transformation

By Vriti Gothi

JMR Infotech has joined the Caribbean Association of Banks (CAB) as a Service Member, signalling a deeper push to support digital transformation initiatives across the Caribbean banking sector.

The move comes as financial institutions in the region face rising pressure to modernise legacy infrastructure, strengthen regulatory compliance, and improve customer experience amid increasing competition from digital-first players. By aligning with CAB, JMR Infotech aims to work more closely with regional banks on technology-led transformation programmes tailored to local operational and regulatory requirements.

Headquartered across multiple global hubs, JMR Infotech operates a regional delivery centre in Bogotá, along with support and delivery centres in St. Kitts and Jamaica. The company said this footprint enables it to serve Caribbean institutions with greater proximity, responsiveness and domain expertise.

“Our association with CAB is an important milestone in our mission to empower Caribbean financial institutions with future-ready digital solutions,” said Jayafar Moidu, Founder and CEO of JMR Infotech. “We are committed to partnering closely with banks and financial institutions across the region to help them accelerate growth, enhance resilience, and adapt to breakthrough innovations that drive long-term competitiveness.”

As a CAB Service Member, JMR Infotech plans to support banks in modernising core banking systems using cloud-ready architectures, deploying AI-driven automation and analytics, and strengthening risk management and regulatory compliance frameworks aligned with regional and international standards. The company will also focus on digital customer experience initiatives, including streamlined onboarding and faster product deployment.

With nearly two decades of experience delivering banking technology solutions across more than 75 countries, JMR Infotech said it intends to collaborate with CAB members to design scalable and cost-efficient transformation strategies suited to the Caribbean market.

Industry observers note that partnerships between regional banking associations and global technology providers are becoming increasingly critical as Caribbean banks seek to balance innovation with regulatory complexity and resilience in a rapidly evolving financial services landscape.