Minister Fayval Williams announced that the Bank of Jamaica is introducing new initiatives to make banking easier, more transparent, and more competitive for Jamaicans in 2026. A new comparison website will allow consumers to easily compare bank fees, charges, and interest rates, helping them make better choices and encouraging banks to offer more competitive rates. The Bank of Jamaica is also rolling out a national electronic “Know Your Customer” (eKYC) platform. This digital system will simplify opening bank accounts, reduce paperwork, and make identity verification faster and more secure. These measures aim to increase financial inclusion, strengthen the banking sector, improve market efficiency, and ultimately lower borrowing costs for the government, businesses, and everyday Jamaicans.(Andrew Holness)