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Verve Cards Launched in Ghana
Verve, a leading payments and technology company has partnered with the Ghana Interbank Payment and Settlement Systems Limited (GhIPSS) to launch in G
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
African Banks Must Work With Fintech Startups
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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 count
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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 generation has launched the “Digital Rosary” that connects with a smartphone app. Indeed this is a testament to Apple’s once campaign that “there is an app
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
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
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
IT Consortium Is ISO 27001:2013 certified
IT Consortium has become Ghana’s first FinTech company to obtain the ISO/IEC 27001:2013 certification. This certification further consolidates t
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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ECG Prepaid Payments Goes Digital With Mobile App
The government will on February 18, 2020 launch an ECG Mobile App which will enable customers of the Electricity Company of Ghana (ECG) to buy prepaid
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
AirtelTigo Appoints New CEO
AirtelTigo has named Mr. Murthy Chaganti as the new Chief Executive Officer of the company. Prior to his appointment, Mr Chaganti was the Chief Operat
Africa’s Quiet Cashless Payments Revolution
While one might assume that a payments revolution would be a hard thing to miss, as it turns out, it can happen. It all depends on how closely the wor
IT Consortium Is ISO 27001:2013 certified
IT Consortium has become Ghana’s first FinTech company to obtain the ISO/IEC 27001:2013 certification. This certification further consolidates t
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 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
How the pandemic is solidifying contactless payments
Prior to the COVID-19 pandemic, mobile payment uptake was largely driven by convenience. While convenience is still important, the pandemic has put a
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
Paysafe study shows COVID-19 fueling online shift, payment preferences
A Paysafe report reveals that more than half of U.S. consumers are shifting to online purchases due to COVID-19, as they can’t access physical retai
