October 29, 2019

ModusBox to Present at Linux Foundation Open FinTech Forum

by Dawn Kuczwara in Announcements , Events , Open Source 0 comments

The Linux Foundation will be holding it’s Open Fintech Forum on December 9th, 2019. We’re pleased to announce we’ll be speaking at the event on the topic of open source and financial inclusion.

Rob Reeve, Senior Management Consultant from ModusBox’s UK office, and Amanda Brock, CEO of Trustable, will be presenting on the importance of open source in promoting financial inclusion in emerging markets. The talk, Payment Systems: A Case Study in Financial Inclusion and Open Source for Good, will discuss how following USAID Digital Development Principles and Level One Principles are key to creating scalable and interoperable solutions for promoting financial inclusion in the developing world.

The promotion of using open standards, open data, open source, and open innovation promotes financial advancement. Rob and Amanda will discuss how the use of the Mojaloop platform is being used to accelerate financial inclusion in Africa to connect 400 million people who are unbanked and in need of financial services. 

The discussion will include a case study on the use of an open source real-time payments switch that can support scalable native or cloud-agnostic deployments using Kubernetes. The use of an open source solution, like Mojaloop, reduces costs to make it profitable for financial institutions to offer services to the 1.7B unbanked people in the world.

The Open Fintech Forum (#osfintech) will take place at the Convene Conference Center at Liberty One Plaza in New York on December 9th. For information and to register, visit the Linux Foundation events page.

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