MTN Mobile Money fraud: Why keeping your MoMo PIN to yourself is not enough

MTN Mobile Money fraud: Why keeping your MoMo PIN to yourself is not enough

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The mystery surrounding the MTN Mobile Money fraud menace continues to generate debate and speculation among users of the service. One thing that many wonder about is what MTN Ghana, as...
MTN Mobile Money fraud: 5 Ways they get your name and phone numbers

MTN Mobile Money fraud: 5 ways a fraudster can get your name and phone...

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Mobile Money fraud on the MTN network is so rampant it can be likened to a virus sweeping through a community. Every user has either had an encounter with the fraudsters...

Verve Launches ‘Live the Good Life Campaign’

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Verve, the largest domestic card scheme in Africa, recently launched a new campaign themed “Live the good life”. The campaign reiterates the essence of the brand, affirming its versatility and the...

NoGoFallMaga Releases Free eBook snippet to mark 2020 Safer Internet Day

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To commemorate the 2020 Safer Internet Day, Cybersafe Foundation is pleased to release for free downloads, a snippet of Africa’s first storified Cybersecurity awareness publication, #NoGoFallMaga: The Handbook. The handbook, which is...
bitcoin green candle luno

Bitcoin has a ‘Green Candle’ start to 2020

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Bitcoin has started the year with a ‘green’ candle month.  January has seen BTC climb from US$6,836 on (01/01/20) to US$US$9341 (31/01/20) after close to six losing months for the second...
StanChart Digital Hub Westlands

StanChart opens new Digital Hub in Westlands

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Standard Chartered (StanChart) bank has opened a new Digital Hub in Westlands, Accra. The Hub is a 24-hour self-service centre, which would “provide an opportunity for  clients in their communities to...
GCB G-Money wallet

GCB G-Money mobile wallet to be launched on Jan 30

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The GCB G-Money mobile wallet announced last year is officially going to see the light by the end of this month. The new financial service from the Ghana Commercial Bank is...
Inlaks Ghana Hyosung ultramodern ATMs

Inlaks Ghana partners Hyosung for ultramodern ATMs in Ghana

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IT infrastructure provider, Inlaks Ghana, has joined hands with South Korean original equipment manufacturer, Hyosung Inc. for new ultramodern ATMs to be introduced in Ghana. These new ATMs are expected to provide...
Flutterwave raises $35 series B round

Flutterwave raises $35 series B round

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Nigerian-found fintech startup, Flutterwave, has just raised a $35-million Series-B round. The round was led by American venture capital firms Greycroft and eVentures. As a digital payment service and infrastructure provider, Flutterwave enables global...
What are SMS Payments

What are SMS Payments?

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The SMS or Short Message Service has become an integrated part of our everyday life. Several businesses have exploited the SMS to make our life easier and among them are SMS/phone...
Andrew Fassnidge

Andrew Fassnidge writes: The race to dethrone cash is on 

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Cash is king. Correction, cash was king. It seems cash has an enemy. Technology. Technology plays a huge role in economic development and supporting the growth of Africa. No matter the...
KudiGo to open office in Nigeria

KudiGo to officially open office in Nigeria, plans East Africa expansion

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Ghanaian fintech startup, KudiGO, will be officially opening an office in Nigeria as part of its African expansion. This startup builds a comprehensive and reliable financial models to help these businesses...
Korba universal shortcode

Korba has introduced a universal shortcode for all networks in Ghana

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Telecom subscribers in Ghana can now access their USSD services via a universal shortcode. This universal shortcode has been launched by Korba, a Ghanaian fintech startup that is run by Halges...
Chipper Cash raises $6 million for Southern Africa expansion

African payments startup Chipper Cash has raised $6M to expand to southern Africa

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Chipper Cash, the payments startup by Ghanaian Maijid Moujaled and his Ugandan counterpart, Ham Serunjogi, has just raised $6 million seed round led by Deciens Capital. The payments startup intends to use...

GCB now has its own mobile money platform called G-Money

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Ghana Commercial Bank (GCB) has finally launched the electronic money platform we reported late last month. This new mobile money platform is called G-Money. The service is scheduled to go live...
Five factors to impact fintech cybersecurity

Fintech threat predictions for 2020

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See Fintech threat predictions for 2020: 1. Fintech is under attack: Mobile investment applications are becoming more popular nowadays. Cybercriminals will target this trend in 2020 and not all these apps have...
expressPay acquires information security standards certificate

expressPay acquires information security standards certificate

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expressPay, one of the Ghanaian payment services has obtained two information security standards certificates, specifically, ISO27001:2013 and PCI-DSS Level 1. These certificates are international standards that provide the specification for an...
Ghana Commercial Bank can now issue “electronic money”

Ghana Commercial Bank can now issue “electronic money” as BoG gives approval

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Ghana Commercial Bank has now been given the green light by the Bank of Ghana (BoG) to issue electronic money. This is a transaction that is similar to the widely-known mobile...
Ghanaian fintech and mobile money operators to obtain a license before June 2020

Ghanaian fintech and mobile money operators to obtain a license before June 2020

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From now, Ghanaian fintech startups, as well as mobile money operators, would need to go and acquire an operational license. The license is to be obtained from the Bank of Ghana. This...
Ghana to have Universal QR Code payment system

Ghana to have a “Universal QR Code” payment system in December

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From December this year, Ghana will have a “Universal QR Code” system, according to the government. This system is going to be a way of making payments electronically in the country. Vice President...