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Mobile Money Operators to Face Minimum Capital Requirement-Bank of Ghana
The Bank of Ghana (B.O.G) has hinted a soon to be announced new minimum capital requirement for interested persons and institutions eyeing the mobile
African Banks Must Work With Fintech Startups
The need for African banks to innovate at a quicker pace and access new customer segments is reason for the increasing number of financial institution
Ransomware Hits Billtrust
India Moves to Ban Cryptocurrencies
Dangers Of Large Currency Denomination Notes
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PwC Unveils New Tool For Auditing Crypto Transactions
PwC, the world renowned consulting firm is offering a new crypto currency auditing feature as part of its Halo data auditing suite. The new tool allows users to take a closer look at the crypto currency transactions they make. According to the auditi
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IKEA Dubai to Allow Customers To Pay For Goods With Their Time
Chances are that you may have watched In Time, a 2011 American science fiction action movie produced by Andrew Niccol where instead of using paper money, a new economic system uses time as currency, and each person has a clock on their arm that counts down how long they have to live. IKEA Dubai is
African Banks Must Work With Fintech Startups
The need for African banks to innovate at a quicker pace and access new customer segments is reason for the increasing number of financial institution
Google to Offer Checking Account
Google plans to offer checking accounts to customers starting next year, a source familiar with Google’s plans told CNN Business. Google is part
PwC Unveils New Tool For Auditing Crypto Transactions
PwC, the world renowned consulting firm is offering a new crypto currency auditing feature as part of its Halo data auditing suite. The new tool allow
Ghanaians Urged to Embrace e-Payment as a lifestyle in 2020
The CEO of Ghana Interbank Payment and Settlement Systems (GhIPSS), Archie Hesse, has urged the public to adopt electronic payments as a lifestyle in
MTN Deepens Financial Inclusion For Women In Ghana
As part of the GSMA’s Connected Women Commitment Initiative, MTN Ghana has committed to increase the proportion of women in their mobile money cust
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GCB Bank To Issue Electronic Money
The Bank of Ghana (BoG) says it has granted GCB Bank Ghana authorization to issue electronic money similar to what is popularly known as “mobile mon
Dangers Of Large Currency Denomination Notes
Our monetary authorities have just introduced the 100 and 200 cedis note at this stage in our economic history, especially, when older and more vibran
Bank of Ghana Introduces Higher-Denomination Banknotes and Coins
Bank of Ghana has introduced GH¢2 coins and GH¢100 and GH¢200 notes in the country’s currency denomination mix. This was announced by the Governo
Bitcoin on Track For Best Second Quarter Price Gain
Bitcoin (BTC) appears to powering up to the best second quarter price gain on record and the best quarterly performance overall since late 2017. At pr
Digitization Key to Formalizing Ghana’s Economy
The mass adoption of digital services being rolled out by the government at an unprecedented pace is a key economic driver that would accelerat
Payments Systems and Services Bill Passed
Ghana’s parliament has passed the Payment Systems and Services bill into law. The bill is expected to significantly trigger innovation and grow
GTBank Launches Virtual Cards to Promote Online Shopping
Guaranty Trust Bank (Ghana) Limited has launched and added to its ever growing list of innovative products– the GTBank Virtual Card – to give cu
Alibaba Extends $3B Loans to Coronavirus-Affected Firms
Alibaba said on Monday (Feb. 17) that ㍐20 billion ($2.86 billion) is available in loans via its affiliate, Ant Financial’s MYBank, to help compani
8 Services You Don’t Know Exist On MTN Mobile Money
If someone told you MTN mobile money is just about sending and receiving money and cashing-out then they lied. The ubiquitous mobile money service has
Ransomware Hits Billtrust
Billtrust, the B2B payments provider is still recovering from a ransomware attack that began last week. The company said it is in the final stages
