Six Software Design Principles That Make PortX a Financial-Grade Integration Platform
April 9, 2021

Six Software Design Principles That Make PortX a Financial-Grade Integration Platform

in API Management , Banking Core Integration , Cloud , Fintech , Open Source

The PortX Integration Platform is our integration hosting platform focused on connecting applications for financial services companies of all sizes. PortX is different from your standard run-of-the-mill iPaas in that we purpose-built it as the “integration platform for the rest of us.” What do we mean by that? Developers are a scarce resource that should […]

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Rating and Review: Integrating with Jack Henry’s Symitar Banking Core
April 6, 2021

Rating and Review: Integrating with Jack Henry’s Symitar Banking Core

in Banking Core Integration , Fintech , Tips and Tricks

ModusBox delivers critical integrations for our bank and credit union customers by implementing a flexible API layer to enable the rapid development of new products and services. A key benefit of this approach is banking core independence from vendor-lockin. We have developed many learnings and insights from our experiences integrating with several banking cores. If […]

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Road Trip Through Financial Inclusion Part 2: UPI and GPay Transcend India’s Urban and Tourist Hot Spots
April 1, 2021

Road Trip Through Financial Inclusion Part 2: UPI and GPay Transcend India’s Urban and Tourist Hot Spots

in Financial Inclusion , Fintech , Mojaloop

In this second of a three-part blog series, Steve Haley, Mumbai-based Director of Economic Development, continues his documentation of how Unified Payments Interface (UPI) is spreading across India faster than the credit card scheme ever dreamed of. On his six-week road trip, Steve’s second stop was in Gokarna, Karnataka, a quieter area than that of […]

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Mojaloop Team Wins ISO 20022 Hackathon Hosted by Bank for International Settlement and SWIFT
March 25, 2021

Mojaloop Team Wins ISO 20022 Hackathon Hosted by Bank for International Settlement and SWIFT

in Announcements , Fintech , Mojaloop , Open Source

We are honored to be one of three winners of the ISO 20022 Hackathon for our cross-border payment solution. The event was jointly hosted by the Bank for International Settlement (BIS) and SWIFT to develop and demonstrate new solutions that use the ISO 20022 standard for messaging to improve international payments.  As co-developers of Mojaloop […]

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Road Trip Through Financial Inclusion Part 1: How India’s Unified Payments Interface and Google Pay are Reshaping the Landscape
March 16, 2021

Road Trip Through Financial Inclusion Part 1: How India’s Unified Payments Interface and Google Pay are Reshaping the Landscape

in Financial Inclusion , Fintech , Mojaloop

The first credit card was introduced in India roughly 40 years ago. Yet, cards have failed to unlock financial access for the country’s poorest. That is why we are excited about the incredible growth of real-time payments that is taking place in India today. The adoption rate of its Unified Payments Interface (UPI) continued to […]

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A Strategy for Building Trust and Scaling Technical Capacity in an Inclusive Real-Time Payment Ecosystem
March 10, 2021

A Strategy for Building Trust and Scaling Technical Capacity in an Inclusive Real-Time Payment Ecosystem

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

Tanzania is implementing a real-time payment system (RTPS). But where does this leave the dozens of small financial institutions (FIs) and their members? The benefits of RTPSs include reducing transaction costs and increasing financial inclusion. However, for the smaller system participants, introducing a new RTPS poses a new challenge – getting connected. At the recent […]

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Mojaloop v12.0.0 Released
March 4, 2021

Mojaloop v12.0.0 Released

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

The release of Mojaloop v12.0.0 has been committed to the Helm GitHub repository. You can learn more about a Mojaloop Helm release mechanism on one of our previous blogs. Additionally, you will find an overview of Mojaloop and documentation available on mojaloop.io. Below are some of the highlights of what’s new in version 12. For […]

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Bank for International Settlement’s Innovation Hub and SWIFT to Host ISO 20022 Hackathon
March 1, 2021

Bank for International Settlement’s Innovation Hub and SWIFT to Host ISO 20022 Hackathon

in Events , Financial Inclusion , Fintech

The Bank for International Settlement (BIS) Innovation Hub and SWIFT, the global provider of secure financial messaging services, are hosting the ISO 20022 Hackathon in March 2021. In this hackathon, teams will develop and demonstrate solutions that use the ISO 20022 standard for messaging to improve cross-border payments. Participants will be organized into teams with […]

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Announcing the Official Launch of the Mojaloop Training Program
February 23, 2021

Announcing the Official Launch of the Mojaloop Training Program

in Announcements , Financial Inclusion , Mojaloop

Mojaloop is the world’s first open source software for interoperability among real-time payment networks. We built Mojaloop in partnership with the Bill and Melinda Gates Foundation, Ripple, Google, and other partners focused on financial inclusion. That is why we are excited to announce the official launch of the Mojaloop Training Program (MTP). We have converted […]

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