BoG establishes new fintech & innovation office
The Bank of Ghana 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, according to the central bank has introduced significant complexities that require the sector supervisor’s focus, to understand and supervise effectively.
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.
The BoG advised stakeholders and the general public to contact the fintech and innovation office for further information and to direct all enquiries to the Head FinTech and Innovation Office.
A/R: Jurors strike over unpaid allawa11:20
Only $22.07m of $58.14m illegally drawn taxpayer funds sunk into 'Akufo-Addo Cathedral' – Ablakwa says request for $100m to buy steel 'outrageous'11:13
NABCO trainees to demonstrate against NPP at Assin North ahead of by-election13:42
World Bank releases additional $150m for Odaw Basin flood control12:54
Tell us how you used JM’s ₵40 T&T support – Volta Reg NDC to Ho West constituency chairman10:46
Fire sweeps through Madina-Ritz Junction again09:28
Kumawu: Contractor working on roads still at post – NPP13:27
C/R: Scores of NDC supporters, residents of Assin North keep vigil in solidarity with James Gyakye Quayson10:26
V/R: Keta NDC to hold Unity walk June 310:45
Menstrual Hygiene Day 2023: Social Watch Africa heightens efforts to eradicate period stigma09:46