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Ghanaian press · Event

The Trust Crisis

2026-07-062026-08-23

In coverage

Verbatim sentences from the source article.

  1. July 2026
  2. Joy Online

    Bokpin was speaking in a yet-to-be-aired documentary, “The Trust Crisis,” ahead of the maiden Digital Economy Forum under the theme, “The Trust Crisis: Why Fraud Is Holding Back Ghana’s Digital Economy.” The thought-leadership platform, an initiative of Hubtel, will air on JoyNew

    Digital fraud shows criminals have moved from the street to the screen – Prof. Bokpin
  3. Joy Online

    The economist was speaking in a yet-to-be-aired documentary, “The Trust Crisis,” ahead of the maiden Digital Economy Forum under the theme, “The Trust Crisis: Why Fraud Is Holding Back Ghana’s Digital Economy.” The thought-leadership platform, an initiative of Hubtel, will air on

    Financial literacy must become part of Ghana’s anti-fraud strategy – Economist
  4. Joy Online

    Bokpin was speaking in a yet-to-be-aired documentary, “The Trust Crisis,” ahead of the maiden Digital Economy Forum under the theme, “The Trust Crisis: Why Fraud Is Holding Back Ghana’s Digital Economy.” The thought-leadership platform, an initiative of Hubtel, will air on JoyNew

    Digital payments can formalise Ghana’s informal economy, but fraud threatens uptake – Economist
  5. Joy Online

    How do you prevent that?” Mr Asare was speaking in a yet-to-be-aired documentary, “The Trust Crisis,” ahead of the maiden Digital Economy Forum under the theme, “The Trust Crisis: Why Fraud Is Holding Back Ghana’s Digital Economy.” The thought-leadership platform, an initiative o

    Technology can stop hackers, but not customers surrendering their PINs – BoG Fintech Head
Business

Banks invest in cybersecurity; users must protect credentials

The News

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

Monday 13 July

  1. Banks invest in cybersecurity; users must protect credentials

    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

  2. Cyberattacks pose existential risk to Ghana's digital businesses

    Dr. Albert Antwi-Boasiako, founder of e-Crime Bureau, says cyberattacks have become an existential risk for banks, fintech companies, e-commerce platforms and other digital businesses, which must invest in protection and early detection systems to maintain revenue, customer trust and operational continuity. A Digital Economy Forum themed "The Trust Crisis" will examine how fraud and cybercrime are affecting confidence in Ghana's digital economy.

    13 July 2026 · Joy Online

  3. Digital fraud thrives without capable guardians, expert warns Ghana

    The founder of e-Crime Bureau says digital fraud in Ghana flourishes due to lack of user awareness and weak institutional systems to detect and prevent attacks. He argues that stronger "capable guardians" — including awareness, systems, and capacity for fraud detection and prevention — are needed as more people use mobile money, banking apps, and online platforms.

    13 July 2026 · Joy Online

Friday 10 July

  1. Social engineering exploits trust in Ghana's digital fraud fight

    The Founder and Executive Chair of e-Crime Bureau says social engineering remains Ghana's weakest link in fighting digital fraud, with fraudsters increasingly exploiting human trust, fear and ignorance through phishing, cloned accounts, fake officials and impersonation of trusted brands.

    10 July 2026 · Joy Online

  2. Cybercrime costs so large it ranks among world's major economic threats

    e-Crime Bureau founder Dr Albert Antwi-Boasiako says cybercrime losses are so significant that if cybercrime were a country it would rank among the world's largest economies; West Africa and Ghana carry a significant share of these losses. The warning comes ahead of a Digital Economy Forum examining how fraud affects confidence in Ghana's digital economy.

    10 July 2026 · Joy Online

Thursday 9 July

  1. Digital fraud threatens Ghana's economy, not just crime: Prof. Bokpin

    Economist Professor Godfred Bokpin says digital fraud must be treated as an economic threat, not merely a criminal issue, because it erodes confidence in digital payments and can slow growth, financial inclusion, and Ghana's transition to a cash-lite economy. He argues the "economy of fraud" has both criminal and economic dimensions, and law alone cannot solve the problem.

    9 July 2026 · Joy Online

  2. Economist warns against prioritising taxation in digital finance

    Godfred Bokpin, a professor of finance at the University of Ghana Business School, has cautioned the government against treating Ghana's digital finance ecosystem mainly as a taxation tool, arguing that digital payments and fintech platforms should first build an inclusive and productive economy, as prioritising tax could provoke negative market reactions.

    9 July 2026 · Joy Online

Wednesday 8 July

  1. Ghana must manage digital fraud risk, not retreat from payments

    Prof. Godfred Bokpin argues that while digital fraud is rising, Ghana should not slow its transition to digital payments because the overall benefits—financial inclusion, lower costs, convenience, and job creation—outweigh the risks. The key challenge is managing those risks rather than halting digitisation.

    8 July 2026 · Joy Online

  2. Banks, fintechs dispute regulatory burden amid fraud risks

    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

  3. Cash-lite economy could reduce Ghana currency replacement costs

    University of Ghana economist Godfred Bokpin says increased digital payments could reduce the central bank's cost of replacing physical currency by reducing wear on banknotes and prolonging their lifespan, while also improving financial inclusion and lowering transaction costs.

    8 July 2026 · Joy Online

Tuesday 7 July

  1. Criminals shifting from physical theft to digital fraud, economist says

    As digital payments grow, criminals are following the money online rather than targeting physical cash, according to Prof. Godfred Bokpin of the University of Ghana Business School. The shift reflects how fraudsters now find it easier to target people through digital platforms than in physical locations.

    7 July 2026 · Joy Online

  2. Financial literacy needed alongside enforcement to combat digital fraud

    An economist at the University of Ghana warns that arrests and prosecutions alone cannot solve the country's digital fraud problem; Ghana must pair enforcement with stronger financial literacy and cybersecurity education as digital payment use grows.

    7 July 2026 · Joy Online

Monday 6 July

  1. Digital payments bring informal workers into formal economy

    A University of Ghana economist says digital finance platforms are helping unbanked citizens and informal-sector workers enter the formal economy by lowering barriers to financial access, but warns that fraud-related mistrust could push users back to cash and undermine financial inclusion gains.

    6 July 2026 · Joy Online

  2. Technology cannot stop fraud from customers giving away PINs

    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

The Trust Crisis — Ghanaian press coverage · Ghana Minute