Audio By Carbonatix
The Bank of Ghana (BoG) has established a new FinTech and Innovation Office to drive the Bank’s cash-lite, e-payments, and digitisation agenda.
The emergence of FinTech solutions has introduced significant complexities that require the sector supervisor’s focus, to understand and supervise effectively.
In a statement on Tuesday, the BoG said “The new FinTech and Innovation Office will be responsible for licensing and oversight of dedicated electronic money issuers (mobile money operators), payment service providers (PSPs), closed loop payment products, payment support solutions and other emerging forms of payment delivered by non-bank entities.”
The office will also develop policies to promote FinTech, innovation and interoperability in Ghana.
Latest Stories
-
Lands Minister commissions 3rd batch of 636 Blue Water Guards; pledges sustained fight against galamsey
23 minutes -
Manso Nyankomase miners allege military extortion and harassment during reclamation exercise
28 minutes -
Ghanaian among 20 arrested as 306 stolen vehicles recovered in Canada
44 minutes -
Neither Russia nor France: One West African country walks a diplomatic tightrope
1 hour -
Former CSA boss says he was politically insulated to do his job
1 hour -
NAPO slams gov’t for revocation of renamed universities
1 hour -
Playback: The Law discussed legal backbone of Ghana’s cybersecurity framework
2 hours -
Photos: 2025 Diaspora Summit
2 hours -
Diaspora partnership central to Ghana’s reset agenda – Vice President
2 hours -
Ghanaian graduate students in U.S. appeal for financial support to complete studies
2 hours -
Four suspects arrested in fatal kidnapping attempt near Chereponi
4 hours -
Sankofa Pan-African Committee honours Temple of Rabbi leader as ‘Custodian of Peace’
4 hours -
Obuasi Trade Show records high turn-out and strong impact
4 hours -
‘Obroni wawu’ – The paradise of waste: Where Charity becomes a curse
4 hours -
38 arrested in intelligence-led police operations across parts of Tema Region
5 hours