Sub-Saharan Africa and Asia-Pacific Fuel the Growth of the Global Mobile Money Sector
In 2024, the global mobile money industry continued its strong growth trajectory, fueled by robust expansion in Sub-Saharan Africa (SSA), as well as East Asia and the Pacific.
According to a new report by the GSM Association (GSMA), a non-profit trade association representing mobile network operators worldwide, 2024 marked two major milestones for the industry. First, the number of registered mobile money accounts surpassed the 2 billion threshold, representing an increase of 14% year-over-year (YoY). Second, monthly active accounts exceeded 500 million, marking a 11% YoY increase.
Read more: https://fintechnews.africa/
Ghana’s Central Bank to Regulate Crypto by September 2025: Key Implications for Bitcoin and Altcoin Traders
Ghana’s Central Bank has announced plans to introduce cryptocurrency regulations by September 2025, sparking significant interest in the crypto markets as reported by Crypto Rover on Twitter at 10:30 AM UTC on April 28, 2025 (Source: Twitter, Crypto Rover). This breaking news has triggered a wave of FOMO (Fear of Missing Out) among traders and investors, with many anticipating a surge in crypto adoption within the West African nation.
As of 11:00 AM UTC on April 28, 2025, Bitcoin (BTC) saw a price increase of 2.3%, moving from $67,800 to $69,350 on Binance, with trading volume spiking by 18% to 25,000 BTC in the BTC/USDT pair within just one hour of the announcement (Source: Binance Live Data). Ethereum (ETH) also recorded a 1.8% gain, rising from $3,250 to $3,308 in the ETH/USDT pair, accompanied by a volume increase of 12% to 120,000 ETH during the same timeframe (Source: Binance Live Data).
Yellow Card Empowers African Businesses To Unlock Growth With Payment APIs
Fawry, Egypt’s leading fintech Company, has partnered with Truecaller, the world’s leading Caller ID and spam protection platform, to revolutionize customer communication and experience. This collaboration enables Fawry to provide its customers with a more secure, transparent, and seamless calling experience, reinforcing trust and engagement.
Through Truecaller’s Customer Experience Solution, Fawry now enables customers to instantly recognize incoming calls, reducing uncertainty and enhancing engagement. Official branding elements—including Fawry’s verified name, logo, and badge are now displayed in both English and Arabic, ensuring immediate credibility and trust among customers across regional and global markets.
HSBC UK overhauls mobile banking app
With the bank’s relaunched mobile banking app hitting one million users, providing personal customers with a complete redesign and new functionality built around their most important banking needs, the research of over 2,000 UK adults by YouGov showed:
One in five (22%) of 18-24 year olds spend 7 hours or more a day on their phone. Overall, three in ten (29%) spend more than 4 hours a day on their mobile phone. Six in ten (59%) of people check their phone within 15 minutes of waking, with one in five (20%) checking their phone immediately.
Read more: https://www.finextra.com/pressarticle/105366/hsbc-uk-overhauls-mobile-banking-app
Banks Rush to Promote Instant Payments as RTP Crosses Billion-Transaction Mark
Roughly seven and a half years after The Clearing House (TCH) launched its RTP® network — the first new U.S. payments infrastructure in four decades — 24/7 instant transactions are finding wide embrace.
Joint research from PYMNTS Intelligence and TCH found that nearly all banks plan to adopt real-time payments capabilities within two years, and 62% of financial institutions (FIs) are already connected. In February, the RTP network crossed its 1 billion payment milestone.
Standard Chartered Predicts Bitcoin to Break All-Time Highs in Q2 2025: Trading Implications
On April 28, 2025, at 10:15 AM UTC, Crypto Rover reported via Twitter that Standard Chartered, a financial institution managing $300 billion in assets, has forecasted that Bitcoin (BTC) will surpass its all-time highs in Q2 of 2025. This bullish prediction has sent ripples through the cryptocurrency market, with BTC/USD trading on Binance showing an immediate 3.2% price increase within two hours of the announcement, moving from $68,450 at 10:00 AM UTC to $70,645 by 12:00 PM UTC, as per Binance real-time data.
Trading volume on Binance for BTC/USD spiked by 18.7% during this window, reaching 52,340 BTC traded compared to an average of 44,120 BTC in the prior 24 hours, according to CoinGecko data. Additionally, other major trading pairs like BTC/ETH on Kraken saw a 2.1% uptick, with ETH losing ground against BTC as traders rotated into Bitcoin, per Kraken’s order book data at 12:30 PM UTC.
