Tag: payment systems
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Bank of Ghana Targets Globally Competitive Payment Systems
The Bank of Ghana (BoG) has set its sights on making payment systems globally competitive as it transitions into a new phase of digital...
Bank of Ghana Warns Digital Fraud Rising Fast
Ghana's central bank has issued a stark warning that cybersecurity threats and online fraud are growing almost as rapidly as the country's booming digital...
Algeria Joins Africa’s Payment Network Ahead of Major Trade Fair
Algeria has become the 18th nation to join the Pan-African Payment and Settlement System (PAPSS), strengthening a continent-wide push to simplify cross-border trade.
The move...
Ghana Sees Sharp Drop in Bounced Cheques After BoG Crackdown
Ghana’s banking sector is witnessing a turnaround in payment discipline, with bounced cheques plunging over 15% year-on-year in 2024. '
The Bank of Ghana’s latest...
Ghana’s Digital Finance Evolution Transforms Banking Access
Ghana's financial sector has undergone radical digitization since pioneering payment innovations emerged in the mid-1990s.
According to banking records, Meridian Bank introduced the nation's first...
