WIRE — Fraud cases in Ghana's financial sector rose sharply in 2025, but the problem is concentrated in one area: mobile money, according to the Bank of Ghana's Fraud Investigations and Reporting Unit. Speaking on Joy FM's Super Morning Show, Eric Cab-Beyuo, Head of the Fraud Investigations and Reporting Unit at the Bank of Ghana, said commercial banks and Specialised Deposit-Taking Institutions (SDIs) have made clear progress in reducing fraud, but Payment Service Providers (PSPs) remain the sector's weak point.
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