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
-
More than 100 aftershocks hit Japan after powerful quake that killed 13
3 minutes -
Court restrains Adwoa Safo from proceeding with Kwadwo Safo Kantanka funeral arrangements
15 minutes -
Security agencies must act early to prevent unrest over Kantanka funeral standoff — Jatikay Centre
23 minutes -
Giving with purpose, not pressure: Rethinking a sacred duty
26 minutes -
Ghana Water Ltd announces temporary water supply interruptions after national power outage
29 minutes -
Mid-Year Budget Review: Deloitte commends government for encouraging domestic revenue performance
29 minutes -
Davis Ansah Opoku welcomes Supreme Court ruling on OSP, AG powers
34 minutes -
Glasgow 2026: Shoulder fracture forces boxer Desmond Pappoe to withdraw from 80kg quarter-final contest
48 minutes -
Mid-Year Budget Review: Energy sector remains a significant fiscal risk to economy – Deloitte
49 minutes -
Gabon’s President praises Ghana’s mining reforms, backs push for greater transparency
54 minutes -
GNFS prevents major power outage after extinguishing electrical fire at Tetegu
1 hour -
Ga Mantse leads investor delegation to TOR to explore strategic investment opportunities
1 hour -
Supreme Court ruling on internal party elections will deepen democracy – Paa Kwesi Schandorf
1 hour -
OSP can prosecute independently, but AG has power to terminate cases – Supreme Court
2 hours -
Dome-Kwabenya MP condemns road encroachment, illegal development during inspection tour
2 hours