The Payment Systems Oversight report by the Bank of Ghana (BoG) shows the value of mobile money transactions as of December 2016 reached GH¢78.5billion, indicating a 121.5 percent growth compared to the GH¢35.4billion recorded over the same period in 2015.
The report also shows that the number of registered mobile...
Vice President Dr. Mahamudu Bawumia has disclosed that all is set for the country’s digital payments systems to be brought together and put on a single platform, which is technically known as interoperability, this month.
According Dr. Bawumia, who was speaking at the Global Business Forum on Africa in Dubai,...
The Ghana Chamber of Telecommunications and the GSMA on Wednesday 25th October 2017, organized the Ghana Child Online Protection Conference in collaboration with the Ministry of Communications under the Cyber Security Week 2017.
The Minister of Communications Ursula Owusu-Ekuful graced the occasion as mobile operators showed commitments to drive further discussion that guides...
With increasingly more corporate organisations becoming targets for cybercriminals, Nobuhle Nkosi, Head of Financial Lines Africa, Allianz Global Corporate & Specialty (AGCS), has said businesses would be better off transferring the risk associated to cybercrime to insurers.
According to her by 2020, the number of cybercrimes recorded globally would hit...
The Internet of Things (IoT) is not just a technology but also new commercial ecosystem. Before it is applied to a vertical industry, the product and service should be integrated through collaboration between various key stakeholders.
It increasingly offers new opportunities for communication and to improve business efficiency. These opportunities...
There is no one way to tackling cybercrime, but an effective stakeholder collaboration across the board could lead to tangible results, Akinwale Goodluck, Head of sub-Saharan Africa, GSMA, the body that represents the interests of mobile operators worldwide, has said.
“There is no single solution to the risks associated with...
MTN Ghana has responded allegations of telcos' complicity in mobile money fraud in an article published in The Finder newspaper on October 23rd 2017, under the headline Mobile Money Fraud alarming.
In the publication, the newspaper alleges amongst other things that staff of Telecom companies are involved in Mobile Money...
Ghana’s target to perform better than the 46th position on the World Bank doing business index has received a boost with rollout of an e-certificate platform on the e-Registrar portal. The roll out marks the successful implementation of the online registration of companies, as well as the authorization of...
Mobile money is a fast, simple, convenient, secure and affordable way of transferring money, making payments and initiating other transactions using a mobile phone and other mobile devices. It is seen as an opportunity to cross-sell financial products, playing an important role in extending financial services to the unbanked...
A little concession on the part of government, in the form of tax incentives to platform operators and possibly end-users, could be the catalyst for speeding up the process of introducing the cash-lite society Ghana deserves, George Babafemi - Chief Operating Officer eTranzact Ghana, an e-payment solutions provider -...