Category: Financial Inclusion


Announcing v1.1 of Mojaloop’s Financial Service Provider Interoperability API
June 16, 2020

Announcing v1.1 of Mojaloop’s Financial Service Provider Interoperability API

by Samuel Kummary in Announcements , Financial Inclusion , Mojaloop , OSS 0 comments

We are excited to announce the release of version 1.1 of the Mojaloop Financial Services Provider Interoperability (FSPIOP) API Specification. Currently, there are three APIs in the Mojaloop ecosystem: Mojaloop FSP Interoperability API Settlements API Admin / Operations API The FSPIOP API enables an interoperable financial transaction between a Payer account from one financial service […]

Read More
4 Digital Essentials for Microfinance to Survive the Economic Rainy Season
May 22, 2020

4 Digital Essentials for Microfinance to Survive the Economic Rainy Season

by Drew Johnson in Banking , Financial Inclusion , Payments 0 comments

The microfinance industry is in trouble. And, along with it, the funding of nearly 140 million businesses representing nearly half of jobs worldwide. This is a global crisis that is, unfortunately, flying under the radar. Microfinance is a high-touch industry. Loans are initiated in-person. Loans are collected in-person. During the current stay-at-home orders seen around […]

Read More
Mojaloop Partner Program: Accelerating Financial Inclusion
May 7, 2020

Mojaloop Partner Program: Accelerating Financial Inclusion

by Steve Haley in Financial Inclusion , Mojaloop , OSS 0 comments

Our team has worked hard to be one of the leading contributors to Mojaloop, the world’s first open source platform for interoperability in a real-time payment network. Mojaloop is set up to scale real-time payments because it is modern, open source, low-cost, and was built for all types of digital financial service providers (DFSPs) including […]

Read More
Mojaloop (PI-10) Open Source Convening Recap
April 30, 2020

Mojaloop (PI-10) Open Source Convening Recap

by Samuel Kummary in Financial Inclusion , Fintech , Mojaloop , OSS 0 comments

Last week’s Mojaloop Community Event represented exciting milestones for the community and its mission of supporting inclusive financial services. A growing number of friendly faces. Exciting updates and presentations from various teams. A unifying sense of camaraderie and teamwork. However, there was one very noticeable difference – no one left their home. It was the […]

Read More
Mojaloop Phase Four (PI-10) Convening – Online Event!
April 16, 2020

Mojaloop Phase Four (PI-10) Convening – Online Event!

by Warren Carew in Events , Financial Inclusion , Mojaloop , OSS 0 comments

We are excited to participate in another Mojaloop Community Meeting being held April 20-24, 2020.  Mojaloop is the world’s first open source platform for interoperability in a real-time payment network. We helped build it with the purpose of driving financial inclusion. During this time of social distancing due to the COVID-19 pandemic, the need for […]

Read More
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 […]

Read More
Mojaloop Phase Four Community Event Recap
February 12, 2020

Mojaloop Phase Four Community Event Recap

by Warren Carew in Financial Inclusion , Fintech , Mojaloop , OSS , 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. […]

Read More
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 , OSS 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 […]

Read More
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. […]

Read More
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. […]

Read More