07
Apr
Increased MoMo, ATM Fraud Could Erode Gains Made In Financial Stability In countries – BoG Second Deputy Governor, Bank of Ghana (BoG) Mrs. Elsie Addo Awadzi, has said that the increased mobile money and ATM fraud and other cyber risks could erode gains made in financial stability, financial integrity, and financial inclusion in many countries. She noted that the widespread use of technology following the outbreak of the coronavirus pandemic is making financial services even riskier. Mrs Addo Awadzi stated that increased cyber fraud could also lead to service delivery disruptions and operational and financial losses as well as reputational damage for…