Category: Financial Inclusion


How Everyday Fees Quietly Stifle Financial Inclusion
March 3, 2020

How Everyday Fees Quietly Stifle Financial Inclusion

by Tanner Taddeo in Banking , Financial Inclusion , Mojaloop , Payments 0 comments

Transaction fees. Processing fees. Wiring fees.  We’ve all seen the “minimum purchase with credit card” sign at the local restaurant, gas station, or any other business that offers low-cost, low-margin goods. Have you ever asked yourself why these signs exist? Fees. Shop owners cover the cost of transaction fees by requiring a minimum amount for […]

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Mojaloop Phase Four Community Event Recap
February 12, 2020

Mojaloop Phase Four Community Event Recap

by Warren Carew in Financial Inclusion , Fintech , Mojaloop , Payments 0 comments

We just concluded a very successful Mojaloop OSS Community event, the “Phase Four ‘Go-Live!’” kick-off in Johannesburg, South Africa. More than 120 people from 23 countries around the world attended the three-day conference, which was filled with many exciting developments. About the Mojaloop Community Event The main focus of the Mojaloop community event was implementation. […]

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ModusBox at the Mojaloop Phase Four Community Meeting
January 27, 2020

ModusBox at the Mojaloop Phase Four Community Meeting

by Brad Allen in Events , Financial Inclusion , Mojaloop 0 comments

Dates: January 28 – 30, 2020 Once again, ModusBox is attending the Mojaloop Community Meeting. This time, the conference is taking place in Johannesburg, South Africa, from January 28 – 30, 2020. It’s an open event, where anyone—developers, implementers, digital financial services providers, and other financial services community members—can stop by and chat with us […]

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New Perspectives on Mojaloop Applications at #MojaCamp
April 22, 2019

New Perspectives on Mojaloop Applications at #MojaCamp

by Steve Haley in Financial Inclusion , Fintech , Mojaloop 1 comment

Working on Mojaloop sometimes feels pretty esoteric.  My wife recently asked me to explain what I do in one sentence.   “We’re redesigning the entire financial system to fit the needs of low-income financial clients!” Oh yeah, that’s totally clear. “We’re creating integration capability for financial institutions to offer better service!” Nope.  Still not there. […]

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ModusBox at the Mojaloop PI-6 Convening for April 16-19
April 16, 2019

ModusBox at the Mojaloop PI-6 Convening for April 16-19

by Dawn Kuczwara in Financial Inclusion , Payments 0 comments

What is a Mojaloop Convening? The initial stages of the Level One Project, what would later come to be known as Mojaloop, required coordinated efforts from multiple teams. These development teams would gather to review the work done to that point, demonstrate new features, and set a theme and goal for the next development cycle. […]

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ModusBox Partners with the World Council of Credit Unions on Mojaloop Project
February 19, 2019

ModusBox Partners with the World Council of Credit Unions on Mojaloop Project

by Dawn Kuczwara in Announcements , Financial Inclusion 0 comments

The work we contribute to the Mojaloop platform is extremely rewarding. We are humbled to work alongside forward-thinking and innovative organizations to bring financial services to everyone. This time, it’s a partnership with the World Council of Credit Unions (WOCCU). WOCCU recently announced their plans to leverage Mojaloop to bring interoperable payments to credit unions […]

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Announcing Support Offerings for Mojaloop
February 18, 2019

Announcing Support Offerings for Mojaloop

by Dawn Kuczwara in Financial Inclusion , Payments 0 comments

We’ve always felt honored to participate with the Bill and Melinda Gate Foundation (BMGF) on the Level One project – a project that resulted in Mojaloop. With this open source solution(OSS), real-time payment hub operators and their financial service partners are able to deliver enterprise-grade, low-cost payment infrastructure, and offer robust commercial solutions. We’re now […]

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5 Important Benefits of Open APIs for Banks
February 21, 2018

5 Important Benefits of Open APIs for Banks

by Dawn Kuczwara in Digital Transformation , Financial Inclusion , Fintech 1 comment

Of all the industries on the path of digital transformation, financial institutions – like payment processors, credit unions, and traditional banks – are at the top of the list of those that can benefit the most. In fact, digital transformation in banking goes beyond “nice to have” and has entered the realm of “do-or-die”. From […]

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Announcing Mojaloop.io – An Open-Source Software Platform for Financial Inclusion to Uplift the World’s Poor
October 24, 2017

Announcing Mojaloop.io – An Open-Source Software Platform for Financial Inclusion to Uplift the World’s Poor

by Marketing in Announcements , Financial Inclusion , Fintech , philanthropy 0 comments

At the core of ModusBox’s driving principles is transformation. While the day to day reality of our business means building connections that provide companies with the tools they need to digitally transform their organizations, transformation means more to us than APIs. That’s why ModusBox was thrilled with the opportunity to become a partner on an […]

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