It insisted that biometric verification must be the standard for identity authentication.
This position was reinforced during a stakeholder engagement held at the Kempinski Hotel Gold Coast City, Accra, organized by Identity Management Systems II (IMS II) Limited in collaboration with the National Identification Authority (NIA).
The event, themed ‘Protect every transaction with biometric verification’, brought together the Bank of Ghana, Ghana Association of Banks, National Identification Authority and representatives from the 25 universal banks in Ghana to discuss the critical role of identity verification in securing financial transactions.
Executive Director-IMS II Ltd., James Cantamantu-Koomson, highlighted the fundamental shift in identity management, “The way we do things is changing. Identity is at the center and the engine of our financial system.
The database that the National Identification Authority has gathered is one of the most powerful assets we have as a country.”
His remarks underscored the need to transition from traditional manual processes to a multi-modal biometric verification approach that eliminates security vulnerabilities.
The Bank of Ghana clarified that photocopying Ghana Cards for customer verification is not acceptable.
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