Head of Fintech and Innovation at the Bank of Ghana, leading regulatory work on virtual assets, digital fraud prevention, and financial inclusion.
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Joy Online
The Head of Fintech and Innovation at the Bank of Ghana (BoG), Elhanan Owureku Asare, has warned that rising digital fraud could weaken public confidence in Ghana’s push towards a cash-lite economy. …
‘Trust is a currency’: BoG warns fraud could derail Ghana’s push towards a cash-lite economyJoy Online
The Head of Fintech and Innovation at the Bank of Ghana, Elhanan Owureku Asare, is calling for a coordinated industry-wide system to combat fraud across banks, mobile money operators, fintech companies and non-bank financial institutions. …
BoG calls for industry-wide system to fight fraud across banks, fintechs and mobile money platformsJoy Online
The Head of Fintech and Innovation at the Bank of Ghana, Elhanan Owureku Asare, says technology alone cannot stop digital fraud if customers are tricked into giving away their passwords and PINs. …
Technology can stop hackers, but not customers surrendering their PINs – BoG Fintech HeadJoy Online
… Scheduled speakers include the Head of Fintech and Innovation at the Bank of Ghana, Elhanan Owureku Asare; economist Professor Godfred Bokpin; Chief Executive Officer of the Ghana Association of Banks, John Awuah; and Executive Chairman of the e-Crime Bureau, Dr. …
Digital Economy Forum launched to shape Ghana’s digital futureThe Bank of Ghana will roll out guidelines for virtual assets and cryptocurrency to regulate and license eligible service providers in the sector. Governor Johnson Asiama said the regulations are necessary to protect Ghanaians, as cryptocurrency use continues regardless of past attempts to ignore it.
7 September 2026 · Joy Online →
The Bank of Ghana will roll out guidelines for virtual assets and cryptocurrency to regulate and license eligible service providers in the sector. Governor Johnson Asiama said the regulations are necessary to protect Ghanaians, as cryptocurrency use continues regardless of past attempts to ignore it.
7 September 2026 · Joy Online →
The Bank of Ghana Governor called for stronger and more coordinated oversight of Ghana's virtual asset sector to safeguard financial stability, protect consumers, and address emerging risks. The new Virtual Assets Coordinating Committee will facilitate harmonised implementation of the Virtual Assets Service Providers Act, 2025, strengthen information sharing among regulators, and support responses to risks including money laundering, terrorist financing, cybersecurity, and consumer protection.
25 August 2026 · Joy Online →
Ghana's Bank of Ghana and Securities and Exchange Commission have launched the Ashanti Regional phase of the National Virtual Asset Literacy Initiative (NaVALI) to protect financial stability and ensure responsible innovation in virtual assets following enactment of the Virtual Asset Service Providers Act 2025. The initiative, anchored on strengthening institutional capacity for regulation and driving nationwide awareness of virtual asset risks, aims to prevent uninformed adoption as the sector evolves.
10 August 2026 · Joy Online →
The Head of FinTech and Innovation at the Bank of Ghana has called for a shift from simply expanding access to financial services to improving the financial well-being of Ghanaians, arguing that while the country has increased payments and account access, products offering long-term security—such as savings, credit, insurance, and pensions—remain unavailable to many, particularly women, informal workers, rural communities, and MSMEs.
28 July 2026 · Joy Online →
The Head of the Fintech and Innovation Department at the Bank of Ghana says the country does not currently face a trust crisis in its digital economy, but cautioned that rising fraud could erode public confidence if not addressed. He noted that while fraud figures appear concerning, the proportion of fraudulent transactions remains relatively small compared to the overall volume of digital transactions since mobile money's introduction.
22 July 2026 · Joy Online →
Ghana's maiden Digital Economy Forum airs tonight at 8 p.m. on JoyNews and Joy FM, bringing together policymakers, regulators, financial institutions, and academics to discuss digital fraud's impact on consumer confidence and business growth.
22 July 2026 · Joy Online →
Ghana Association of Banks CEO John Awuah says technology alone cannot protect digital finance users who expose passwords, PINs, cards and account details to fraudsters; he emphasizes that while banks invest heavily in cybersecurity and comply with strict security standards, users themselves remain critical to the security chain.
13 July 2026 · Joy Online →
The Head of Fintech and Innovation at the Bank of Ghana says existing punishments for digital financial fraud may not adequately deter fraudsters, who weigh the risk of detection before targeting victims through mobile money and banking apps.
10 July 2026 · Joy Online →
The Bank of Ghana's fintech head says the country should move beyond basic money transfers to use mobile-money transaction histories to help informal workers and small traders access credit and insurance. He argues that platforms like MTN Mobile Money and Telecel Cash should become pathways for ordinary consumers to obtain financial services traditionally tied to bank accounts.
9 July 2026 · Joy Online →
Banks and fintech companies disagree over who faces heavier regulation in Ghana's digital financial sector, with each claiming the other operates under lighter supervision. The Bank of Ghana's Head of Fintech and Innovation says the real concern is that fraud can spread across the entire financial system if any part is weakly regulated.
8 July 2026 · Joy Online →
The Bank of Ghana's Head of Fintech and Innovation warned that increasing fraud cases could erode public trust in digital financial services and reverse progress towards a cash-lite economy. He noted that 16,733 fraud cases were recorded across banks and payment service providers in 2024, up from 15,865 in 2023.
7 July 2026 · Joy Online →
The Bank of Ghana's Head of Fintech and Innovation is calling for a coordinated, industry-wide system to combat fraud across banks, mobile money operators, and fintech companies, arguing that separate systems are inadequate in an interconnected ecosystem. Ghana's digital financial sector recorded 16,733 fraud cases in 2024, up from 15,865 in 2023, with payment service providers accounting for the majority.
6 July 2026 · Joy Online →
The Head of Fintech and Innovation at the Bank of Ghana says financial institutions can invest in secure applications and cybersecurity systems, but fraudsters often bypass those protections by tricking customers into surrendering their passwords, PINs, and OTPs through social engineering tactics.
6 July 2026 · Joy Online →
Ghana has launched the Digital Economy Forum, a national platform bringing together policymakers, regulators, business leaders, academics, and others to examine technologies, policies and ideas shaping the country's digital future. Each edition will combine documentary investigation with televised dialogue to address pressing issues in digital commerce, financial services, cybersecurity, and other areas.
2 July 2026 · Joy Online →