e-payment systems

BoG Introduces Key Measures To Fight Fraud In Electronic Payment

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The Bank of Ghana has intensified measures to tackle fraud associated with electronic payment systems. Reports from the central bank indicate that the country loses over 900 million dollars through fraudulent payment every year. A 10 member council has therefore been inaugurated to tackle the canker. Speaking at the ceremony, 2nd deputy governor of the … Read more

Can Banks Survive Mobile Money Threat?

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The Chief Executive Officer of Dream Oval, Mr Derry Dean Dadzie, has said the mobile money operations pose as a threat to banking sector. He said if not checked, the growth of mobile money could outpace that of banks, resulting in challenges to the banks’ bottom-lines. He explained on the weekly motivational radio programme, the … Read more