Aug 16, 2019 | Banks, DigitalEconomy, Fintech in Africa, LatestNews
Source: https://bizcommunity.com A new payments services platform called Co-Switch aims to open up the buy-aid market to both consumers and retailers, and it’s currently being introduced to Cape Consumers and Iemas’ members and retail partners. Cape...
Aug 6, 2019 | Banks, Fintech in Africa, LatestNews
Source: businessworldghana.com THE Bank of Ghana (BoG) says it is engaging the financial services industry and seeking views to inform the operationalisation of the Payment Systems and Services Act, 2019 (Act 987). The engagement, based on the Act,will according to...
Aug 6, 2019 | Banks, Fintech in Africa, LatestNews
Source: ghana.gov.gh The Vice President of the Republic of Ghana, Dr Mahamudu Bawumia, has urged the Bank of Ghana not to overly deploy regulations to tie the hands of Financial Technology (Fintech) players when drafting the Payment System Bill in order to free up...
Aug 6, 2019 | Banks, Fintech in Africa, LatestNews
Source: graphic.com.gh The passage of the Payment Systems and Settlement bill by Parliament last Thursday is expected to stir up innovation in the financial sector space as Ghanaians move closer to the use of digital platforms for transactions. Unlike previously where...
Aug 6, 2019 | Banks, FinancialServicesnews-WestAfrica, Fintech in Africa, Fintech Trends, LatestNews
Credit: Godwill Arthur-Mensah, GNA Accra, May 10, GNA – Mobile money transactions have increased by about 177 per cent between 2013 and March 2018, reaching GH¢312. 93 million and valued at GH¢52.35 billion transactions in March this year, Dr Ernest Addison, the...
Jul 29, 2019 | AI, Banks, BigPicture, DigitalTransformation, Fintech Trends
Credit: https://www.daxx.com A trending shift towards increased automation, mobility, and digitization has not bypassed the financial services industry. Now even the world’s leading fintech companies feel the pressure to innovate which leads to an increasing...