modernghana logo

FEATURED STORY Maritime Court Backs Ghana In Offshore Dispute With Ivory Coast...

body-container-line

Bank of Ghana seeks software to authenticate accountholder identity

Kofi Adu Domfeh
7 August 2012 | Business & Finance
Kwesi Amissah Arthur
Kwesi Amissah Arthur

The Bank of Ghana is in the process of accessing software for commercial banks to authenticate the identity of account holders accessing financial services.

Immediate past Governor and now Vice-President, Kwesi Amissah-Arthur, says this should enable financial service institutions to verify the biometric data of consumers.

He was responding to a question at his vetting by Parliament's Appointments Committee for his new post.

Committee member, Joseph Yieleh Chireh, asked why commercial banks are not accepting the new biometric voters' card as a valid document.

Mr. Amissah-Arthur noted the banks need a technology to authenticate the various biometric documents issued by State institutions.

“We want to be able to find software that is able to query the database of the various national institutions; and I think there are 4-5 of them that have biometric register… We are in touch with the Reserve Bank of South Africa for the kind of software that will enable us to use this thing for authentication”, he announced.

Mr. Amissah-Arthur is hopeful this should be achieved “very soon”.

Story by Kofi Adu Domfeh/Luv Fm/Ghana

Do you have a story for publication? Please email it to editor@modernghana.com

Business & Finance

quot-img-1If a person does not have he/she cannot give and if he/she does not know the person cannot teach.

By: Kyei-Afrifa Mannhei quot-img-1

Inter Bank Rates

Currency Buying Selling
U.S Dollar4.40554.4099
Euro5.27655.2811
Pound Sterling5.96725.9745
Swiss Franc4.54894.5538
Canadian Dollar3.58613.5890
S/African Rand0.33380.3342
Australian Dollar3.51473.5214
body-container-line