Fintechs must unite to strengthen Ghana’s fight against digital fraud — Prof Bokpin

Economist Professor Godfred Bokpin has called on fintech companies to strengthen collaboration, warning that fragmentation within the sector is hampering efforts to combat digital fraud and build a resilient digital economy.

The economist also praised the Bank of Ghana's regulatory reforms, including structural changes that have enabled the central bank to focus more effectively on the digital payments ecosystem and its linkages with the wider banking sector.

According to him, the digital economy extends beyond banks and fintech companies, touching millions of Ghanaians who rely on digital financial services, including vulnerable groups who must be protected as the ecosystem expands.