Friday, December 28, 2012

Ghana banking sector embraces private sector biometrics, too

A lot of international attention has been focused on Ghana's use of biometrics for voter ID management, but Ghanaian banks have been enthusiastic adopters of the technology, as well.

Ghana Automated Clearing House transaction volumes hit almost 200% (Ghana Business News)
GhIPSS was set up by the Bank of Ghana some five years ago to lead the migration of the country into an electronic payment society. Since its establishment, the wholly owned Bank of Ghana subsidiary has introduced a biometric card called the e-zwich, an electronic clearing of cheques with express clearing session, and Payment Distribution System. Its recent addition is the gh-link Interbank ATM Transaction Switching that allows bank to share ATMs.