ModusBox News

World Council Of Credit Unions Helps Develop Technology In Asia And Africa

May 10, 2019

Megan O’Donnell, vice president of financial inclusion, spoke at the Innovate Finance Global Summit (IFGS) in London in April. The panel discussion also featured Warren Carew of ModusBox —which helps organizations make the most of the Mojaloop platform, and Juliet Kiluwa from Financial Sector Deepening Trust, a partner in the recent effort to update the national scheme for cross-platform instant payments in Tanzania. The discussion was moderated by Kosta Peric, deputy director of the financial services for the poor program at the Gates Foundation.

BoT launches single payment system

BoT launches single payment system

February 14, 2019

Bank of Tanzania (BoT) has launched an Instant Payment System (TIPS) that connects all services providers and banks under one platform.

WOCCU pursues digital financial inclusion for 50 million-plus people across Asia

February 13, 2019

MADISON, Wis.—Worldwide Foundation for Credit Unions, the social impact affiliate of the World Council of Credit Unions (WOCCU) dedicated to financial inclusion, has launched a project to design interoperable, open-loop, low-cost, real-time payment platforms for its global network of credit unions across Asia, exploring the use of the Mojaloop open-source platform.

ModusBox Joins the Open Invention Network

November 28, 2018

ModusBox today announced that it has signed on to the Open Invention Network (OIN). Why? We believe in what the OIN is doing, and we wanted to continue to show our commitment to open source and open standards.

ModusBox partners on important mobile money interoperability project, Mowali

November 23, 2018

Unlocking mobile money interoperability and merchant payments across Africa through Mowali – Orange Group and MTN Group – two of Africa’s largest mobile operators and mobile money providers – have today announced a joint venture, Mowali, to enable interoperable payments across the African continent. The GSMA is proud to support its development.