How to Integrate Amazon Vendor Central Direct Fulfillment With SAP in Less Than a Day
October 15, 2020

How to Integrate Amazon Vendor Central Direct Fulfillment With SAP in Less Than a Day

in API Management , B2B/EDI , Camel , DataSonnet , Digital Transformation , ESB

Onboarding a new trading partner is often a time consuming and arduous task. This is especially true with legacy technology like Electronic Data Interchange (EDI) and even more so when using Value Added Network (VAN) to connect with your trading partner. These are older, complex frameworks that are often fraught with challenges that include: Integrating […]

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The Women in FinTech Hackathon – Closing the Gender Gap for Innovation and Financial Inclusion
October 8, 2020

The Women in FinTech Hackathon – Closing the Gender Gap for Innovation and Financial Inclusion

in Events , Financial Inclusion , Fintech , Mojaloop , Open Source

Although the tech world is advancing at an alarming rate, discouragingly, 23% of women worldwide are still financially excluded. This statistic is overwhelming as we draw closer to 2021 and requires urgent attention. According to the Uganda FINSCOPE 2018 survey, women are 1.8 times more likely to access informal financial services via their village savings […]

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A Case Study in Interoperable Payments in Myanmar’s Microfinance Industry Part 3: 5 Takeaways for Banks and Regulators
September 23, 2020

A Case Study in Interoperable Payments in Myanmar’s Microfinance Industry Part 3: 5 Takeaways for Banks and Regulators

in Banking Core Integration , Financial Inclusion , Microfinance , Mojaloop , Open Source , Payment Management

A six-month-long interoperability project in Myanmar’s microfinance industry has shown there is much to be learned for banks and regulators. Here, we focus on five lessons that central banks, commercial banks, and mobile money operators can discover from this project for building a national payment infrastructure. Traditionally, central banks have built payment systems that suit […]

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A Case Study in Interoperable Payments in Myanmar’s Microfinance Industry Part 2: Standardizing Digital Loan Repayments
September 9, 2020

A Case Study in Interoperable Payments in Myanmar’s Microfinance Industry Part 2: Standardizing Digital Loan Repayments

in Banking Core Integration , Financial Inclusion , Microfinance , Mojaloop , Open Source , Payment Management

In the second part of this series on the challenges of building open, interoperable payments in Myanmar’s microfinance industry, we elaborate on the project’s first use case. Learn why we are developing a standardized loan repayment system in collaboration with the country’s financial institutions. Wherever you are in the world, you are likely to be […]

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A Case Study in Interoperable Payments in Myanmar’s Microfinance Industry Part 1: The Challenges
August 27, 2020

A Case Study in Interoperable Payments in Myanmar’s Microfinance Industry Part 1: The Challenges

in Financial Inclusion , Microfinance , Mojaloop , Open Source , Payment Management

Over the last six months, our team has collaborated with UNCDF Myanmar to demonstrate the benefits of interoperable, real-time payments for about five million microfinance customers in Myanmar. But it hasn’t been easy. In this blog, we’d like to share some of the barriers we faced, discoveries along the way, and our approach to “getting […]

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3 Lessons Learned During COVID-19 About the Future of Cash
August 18, 2020

3 Lessons Learned During COVID-19 About the Future of Cash

in Banking Core Integration , Financial Inclusion , Fintech , Payment Management

Will cash be a thing of the past in the post-COVID-19 world? In just a few months, COVID-19 has managed to fundamentally disrupt the philosophies, processes, and systems of societies across the globe. One thing is for sure; our future will look very different. Business travel will never be the same, and companies are opting […]

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10 Fundamentals to Avoid Catastrophe on Your Next Banking Core Integration
August 13, 2020

10 Fundamentals to Avoid Catastrophe on Your Next Banking Core Integration

in API Management , Banking Core Integration , Fintech , IT Management , Payment Management

Community Financial Institutions (CFIs) are in a race for their lives to modernize infrastructure, deliver compelling customer experiences, and provide customers with options for online digital transactions. This race is driven by big bank competitors spending billions on technology innovation, a savvy, younger group of customers demanding digital solutions, and now, a global pandemic accelerating […]

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Introducing Mojaloop Release v10.4.0
August 10, 2020

Introducing Mojaloop Release v10.4.0

in Announcements , Financial Inclusion , Fintech , Mojaloop , Open Source

We are excited to announce the latest Mojaloop release! With this release, support for organizations managing bulk disbursements and using non-Latin-based characters in names is available. Additionally, the implementation of Financial Service Provider Interoperability (FSPIOP) API v1.1 improves flexibility for financial institutions to conduct two-phase commits on funds, further reducing reconciliation risk.  This release, packaged […]

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Mojaloop (PI-11) Open Source Convening Recap
August 3, 2020

Mojaloop (PI-11) Open Source Convening Recap

in Financial Inclusion , Fintech , Mojaloop , Open Source

If you weren’t able to attend July’s Mojaloop Community Event, you missed some exciting updates, fun demos, and presentations from various members of the open source community. After each quarterly meeting, we enjoy sharing the progress updates that our team is most excited about as the program transitions into the next increment. As members of […]

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