Emerging trends of Electronic Banking in Ghana

The Government and Bank of Ghana have made it a priority to motivate existing banking customers and to reach the unbanked through the use of ICT. This strategy is also recognized as a relevant tool in the fight against poverty. In spite of this effort majority of Ghanaians still remain unbanked because the present financial service delivery methods are not able to meet the challenges of the customers, especially when it comes to serving remote communities and market men/women who finds it difficult to leave their shops and visit the bank. An ICT innovation like the speedbanking provides some hope to help solve these problems. Keywords: speedbanking, electronic cards, unbanked, Information and Communication Technology (ICT