Category: Mulesoft


Webinar Recap: How Sound Credit Union Built a Foundation for Rapid FinTech Innovation
July 15, 2021

Webinar Recap: How Sound Credit Union Built a Foundation for Rapid FinTech Innovation

in API Management , Banking Core Integration , Digital Transformation , Fintech

Recently, David Wexler, CEO of ModusBox, interviewed Martin Walker, VP Digital Experience & Innovation of Sound Credit Union, for a behind-the-scenes experience of Sound CU’s digital transformation. The interview was part of Ongoing Operation’s webinar series titled Keeping Up With FinTech. In this webinar, David and Martin share the cultural, operational, and technical challenges overcome […]

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Interview with Warren Carew: Governance, Guiding Principles, and Challenges of Designing Instant and Inclusive Payment Systems
July 1, 2021

Interview with Warren Carew: Governance, Guiding Principles, and Challenges of Designing Instant and Inclusive Payment Systems

in Financial Inclusion , Fintech , Mojaloop , Open Source

In this conversation, Steve Haley, Director of Economic Development, sat down (virtually) with Warren Carew, VP, Payment Solutions, to ask some important questions about designing real-time payment systems. The interview is part of the IIPS (Instant and Inclusive Payment Systems) certification course on Designing and Deploying Technology for IIP Systems. Warren has been a leader […]

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Saga-Based Design Using Apache Camel and Kafka: Implementing Highly Reliable Distributed Business Transactions
June 24, 2021

Saga-Based Design Using Apache Camel and Kafka: Implementing Highly Reliable Distributed Business Transactions

in Camel , Fintech , Open Source , Tips and Tricks

A “real-time payment” is a transaction in which funds are made available to a recipient – and taken from a sender – almost immediately when a user clicks “send payment” on their mobile app. This process involves several distributed systems: the user’s mobile payment app, the payment network service, the banking core system, and two […]

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ModusBox Partners with Digital Frontiers Institute to Deliver Courses for Developing Instant and Inclusive Payment Systems
June 22, 2021

ModusBox Partners with Digital Frontiers Institute to Deliver Courses for Developing Instant and Inclusive Payment Systems

in Financial Inclusion , Fintech , Mojaloop , Open Source

In cooperation with the Bill and Melinda Gates Foundation and Digital Frontiers Institute, we are excited to participate in the IIPS (Instant and Inclusive Payment Systems) certification program. IIPS is an online learning platform established to accelerate the development of instant and inclusive payment systems and expand the base of professionals trained in IIPS implementations […]

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Bank-to-Cloud VPN: Cost-Saving Options for Integrating AWS with AT&T Netbond
June 17, 2021

Bank-to-Cloud VPN: Cost-Saving Options for Integrating AWS with AT&T Netbond

in Cloud , Fintech , IT Management

One of the first things we evaluate with a new PortX customer is their network access. Most connect via Internet Protocol Security (IPsec) VPN tunnels to an on-premise firewall. However, we recently established a connection for a new customer with AT&T’s Netbond cloud networking solution, which presented our team with exciting new integration alternatives. We’ll […]

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Drive Innovation and Inclusion in Real-Time Payment Networks with Payment Initiation Service Providers
June 16, 2021

Drive Innovation and Inclusion in Real-Time Payment Networks with Payment Initiation Service Providers

in Financial Inclusion , Fintech , Mojaloop

Imagine a digital economy in which any business could send or receive funds with any mobile wallet in the country? Or, how much simpler would our lives be if we could identify a wire recipient from a search bar? What if e-commerce platforms could be connected directly to the national payment switch without integrating with […]

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Connecting the “Missing Middle” of Authentication and Authorization with PortX’s Identity and Access Management
June 8, 2021

Connecting the “Missing Middle” of Authentication and Authorization with PortX’s Identity and Access Management

in Cloud , Fintech , IT Management , Open Source

Today, developers have access to a vast number of excellent, hypermodern integration platforms that provide excellent tooling options for developers. However, when we designed PortX, our team went beyond simply curating best-in-class open source solutions for technical users to building a platform that also enables non-technical users. With this reimagined design, business users can accomplish […]

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The Essential Regulatory Changes Needed to Drive Equitable Financial Inclusion of the Underbanked
June 3, 2021

The Essential Regulatory Changes Needed to Drive Equitable Financial Inclusion of the Underbanked

in Financial Inclusion , Fintech , Microfinance

In his last blog, Steve Haley, Director of Economic Development, redefined financial inclusion as “equitable access and usage of safe and connected savings, credit, insurance, and payments.” The focus is on “equitable” because different products and services are required to provide the same opportunity for individual customers to thrive. And “connected” because the underbanked pay […]

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Ensuring High Availability and Resiliency at Scale for PortX’s Cloud-Native Infrastructure
June 1, 2021

Ensuring High Availability and Resiliency at Scale for PortX’s Cloud-Native Infrastructure

in Cloud , Fintech , IT Management , Open Source

When a node failed in production for one of our biggest clients, it didn’t result in multiple support tickets, hours of manual tracking, or development work to correct the issue. Instead, the system healed itself within seconds of the outage without a single service disruption. To simply say that this was a win for our […]

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