ISYS 3215 Lecture Notes - Lecture 3: Unbanked, Mobile Banking, Interbank
8 May 2016
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Document Summary
Transactions processing management company provides solutions to process electronic transactions. Celebrating excellence: providing cutting edge solutions for all. Provides daily tech advanced financial services to boost and speed business transactions in africa. Noticed gap in the market and jumped at the opportunity. Ghana one of world"s fastest growing economies. Must be at least 3 banks involved in every service and no exclusive partnerships allowed for branchless banking: provide greater points of access for bankers. Banks do not want to comply with the guidelines little incentive for bans to invest. Mnos have been leading the mobile money services: challenges. Shouldering the vast majority of investment building the industry but they (the banks) will own us . Wasting time and money trying to convince bank partners. No direct reporting relationship to the bank of ghana. Ghana interbank payment and settle systems calling for policy that discourages cash based transactions.
