Photos: Absa, UPSA Law School hold 15th Banking Roundtable in Accra

The 15th Annual Banking Roundtable, a collaboration between Absa Bank Ghana and the University of Professional Studies Accra Law School, took place at Absa Bank Ghana's headquarters in Accra. This roundtable, a platform for thought leaders in banking, law, fintech, and regulatory sectors, convened experts to address pressing issues in the financial services industry. This year's focus was on combating financial crimes, mobile money fraud, and consumer protection in the digital age.

Panelists included Moses Tetteh, Senior Manager of Financial Crimes at MobileMoney Fintech, Nana Addo Ampem-Darko, Fraud Detection and Operations Manager at Absa Bank Ghana, John Awuah, CEO of the Ghana Association of Banks, and Eric Bobzie Cab-Beyuo, Head of Fraud Investigations and Reporting at the Bank of Ghana.

The discussions centered on the escalating risk of social engineering and mobile money fraud, highlighting the need for enhanced collaboration among banks, telecommunications companies, regulators, and consumers to safeguard against financial crimes. While acknowledging that digital finance has expanded financial inclusion in Ghana, speakers emphasized the emergence of new vulnerabilities, exploited by fraudsters through manipulation rather than advanced hacking techniques.