News
ModusBox and MS3 Officially Add DataSonnet to Apache Camel
We are ecstatic to share the news that Apache Camel has included DataSonnet in its latest release 3.7. DataSonnet is the project ModusBox started to create an open source data transformation scripting language. With the help of Mountain State Software Solutions (MS3), it is now officially part of the Apache Camel family. Learn more in the press release or visit the Datasonnet blog for more information.
ModusBox Partners with Sound Credit Union for Zelle® Integration
We are delighted to share the announcement of our newest partnership with Sound Credit Union to integrate the Zelle Network®. Sound Credit Union has been a long-time partner of ours, and this represents the latest in its commitment to delivering innovative solutions to its members. With Payment Manager, it will be able to rapidly offer Zelle® to its members during a time in which digital payments are more critical than ever before. You can read the full press release here.
IFGS 2019 Panel – Architects of the Age of Interoperability
ModusBox’s Vice President and General Manager of ModusBox EMEA joined the esteemed panel for this discussion at Innovate Finance’s Global Summit kicking off London’s FinTech week.
FinTech continues to fuel the unbundling and rebundling of financial services – and it will likely do so for some time. However, different customer segments will gravitate toward solutions with different levels of data sharing and autonomy. How much will the future of finance depend on the ability for products, services and systems to coordinate and work together?
World Council Of Credit Unions Helps Develop Technology In Asia And Africa
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
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
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
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
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.