Daily Archives - November 20, 2020

Stakeholders in banking sector hopeful of more digital means of providing services

In a world where technology seems to be permeating every facet of life, stakeholders in the banking industry are hopeful of a complete digital transformation in all transactions. The COVID-19 pandemic, which unexpectedly hit every sector in the world forced individuals and companies to come up with innovative ways to survive. Most people ended up working from home, with a lesser...

Gov’t orders ‘partial payment’ of locked-up funds of Gold Coast customers, others

All customers of Gold Coast Fund Management (Blackshield) as well as others who were not covered by an earlier bailout package, are to now enjoy partial payment of their locked-up funds up to GHS50,000, the Securities and Exchange Commission (SEC) has announced in a statement dated Wednesday, 18 November 2020. It said “acting within its mandate of protecting investors and...

Bankers to fight fraud among bank workers

The Chartered Institute of Bankers in collaboration with the Bank of Ghana (BoG) and the Ghana Association of Bankers will soon launch the Ghana Banking Code of Ethics to tackle fraud cases among bank workers President of the Institute, Patricia Sappor told Citi FM that her outfit is dedicated to supporting the reduction of fraud cases within the banking sector and enhance...

GhIPSS and its CEO pick GITTA award again

The Ghana Interbank Payment and Settlement Systems (GhIPSS) and its Chief Executive, Archie Hesse have for the second year running won awards at the prestigious Ghana Information Technology & Telecom Awards (GITTA) held in Accra. Mr. Hesse was adjudged the Payment Systems Personality of the Year, while GhIPSS won the Payments and Clearing Technology Provider of the Year. The awards...