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The Case Of Mobile Money In Ghana By PK Senyo PK Senyo, Senior Lecturer in Information Systems, University of Southampton. _____ Mobile money — a technology that enables financial transactions through mobile phones without a bank account — is driving financial inclusion, especially in developing countries. It gives more people a chance to use financial products and services. In Ghana, there is a policy to encourage the use of mobile money and reduce the flow of cash. And mobile money has proved popular because of its advantages. People can transfer money or make payments wherever t...

Mobile money — a technology that enables financial transactions through mobile phones without a bank account — is driving financial inclusion, especially in developing countries. It gives more people a chance to use financial products and services. In Ghana, there is a policy to encourage the use of mobile money and reduce the flow of cash. And mobile money has proved popular because of its advantages. People can transfer money or make payments wherever they are, in a simple, fast, convenient and affordable way. Mobile money has improved the efficiency of transactions and initiated some c...

+ Mobile money — a technology that enables financial transactions through mobile phones without a bank account — is driving financial inclusion, especially in developing countries. It gives more people a chance to use financial products and services. In Ghana, there is a policy to encourage the use of mobile money and reduce the flow of cash. And mobile money has proved popular because of its advantages. People can transfer money or make payments wherever they are, in a simple, fast, convenient and affordable way. Mobile money has improved the efficiency of transactions and initiated some...

Published April 15, 2021, 7:00 AM Monetary transfers, remittances and currency exchanges used to be the almost exclusive domain of banks. This is not true anymore. The increased sophistication of the financial system, aided by technological advancements, has enabled non-bank entities to enter these operations as, indeed, they have mushroomed into a separate industry by themselves into what is now referred to as the money service business or MSB. In parallel moves, governments across the world realize the need for consumer protection from these enterprises and have therefore regulated them to ...

Weekly Focus: Germany Securities Settlement Bridge India’s New Crypto Reporting Regulations Bank of Jamaica Announces Central Bank Digital Current Pilot Program US Regulatory Developments Securities Fraud on the Dark Web Using Bitcoin For the first time, the Securities and Exchange Commission (SEC) has brought an action against an individual, James Roland Jones, in connection with activities on the dark web that the SEC asserts constituted securities fraud under 10(b) and 10b-5 of the Securities Act of 1933, as amended. Mr. Jones is accused of accepting Bitcoin in exchange for selling falsi...