Tag: ATM/Card fraud
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Bankers Association charges merchants to be vigilant to reduce ATM fraud
The Ghana Bankers Association has called for extra vigilance on the part of merchants providing goods and services in order to help reduce ATM or card fraud. The 2020 fraud report from the Central Bank revealed among other things that, ATM or Card fraud recorded a loss value of approximately GH¢ 8.19 million in 2020,…
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Bankers Association calls for increased ATM fraud education
The Ghana Bankers Association has called for increased education on ATM or Card fraud in the country. The 2020 fraud report from the Central Bank revealed that among other things, ATM or Card fraud accounted for 6.3% of the total number of reported cases, as compared to a proportion of 4.7% recorded in 2019. Also,…