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The Catholic Church Launches Digital Rosary
Rosaries are wooden crosses on a string of knots or beads that Catholics use as an aid to prayer. The church in its attempt to connect to the younger
MoneyGram’s Walk-In Business Hit By Coronavirus As Digital Transactions Surge
With its walk-in business taking a large negative hit due to the coronavirus pandemic and stay-at-home orders, MoneyGram reported 57 percent digital
India Moves to Ban Cryptocurrencies
GCB Bank To Issue Electronic Money
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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 2020. He said the benefits of opting for electronic payments are many and makes life more efficient
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Wirecard Acquires Chinese Payments Group for €109m
Wirecard has is taking over a Beijing-based payments group for up to €109m, the first purchase of a Chinese company by the controversial German fintech group. The acquisition of AllScore Payment Services follows PayPal’s purchase of Chinese payments group Gopay Information Technology, which was approved by China’s central bank in Septemb
Second phase of mobile money interoperability launched
On Wednesday, November 28, 2018 the Vice President of Ghana, Mahamudu Bawumia launched phased two of the Mobile Money Interoperability Platform. The l
Ghana’s Payment System Is Challenged-Kweku Adoboli
Fraudster and rogue trader were descriptions that painted headline stories about Ghanaian-born Kweku Adoboli, a former trader of Swiss banking giant,
Facebook Moves Towards Payments and E-commerce
Facebook CEO Mark Zuckerberg gave his keynote speech during Facebook Inc’s annual F8 developers conference in San Jose, California, U.S., April 30,
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
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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 allow
Facebook Moves Towards Payments and E-commerce
Facebook CEO Mark Zuckerberg gave his keynote speech during Facebook Inc’s annual F8 developers conference in San Jose, California, U.S., April 30,
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
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 mon
Ghana to Launch a Universal QR-Code For Payments
Ghana’s Vice President, Dr. Bawumia has hinted that government is in the process of launching a Universal QR Code to leverage on existing techno
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
BoG to Enforce Rules on Cash Declaration at Kotoka International Airport
The Bank of Ghana has announced that henceforth, travelers, arriving in or departing Ghana, will need to declare any sums of cash worth over $10,000.
Ghana’s Payment System Is Challenged-Kweku Adoboli
Fraudster and rogue trader were descriptions that painted headline stories about Ghanaian-born Kweku Adoboli, a former trader of Swiss banking giant,
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
Apple Launches a New Credit Card
Apple has followed in the footsteps of Amazon with the debut of the new Apple Card. One can apply directly on their iPhone and, once approved, the car
