Why is the bulk payment use-case important at the moment? An increase in government declared disasters fueled by climate change and covid 19 has put increasing pressure on the digital system in each country to succeed. This has led to initiatives like the ‘Digital Public Goods Alliance’ and ‘Co-Develop’ where open source project platforms are… Read More »Enhancements available for Bulk Payments in Mojaloop
“Open banking” is one of those terms that marketing teams love to overuse. A side effect of this overuse is the dilution of the term’s meaning. Even within ModusBox, the definition varies because we work with various types of financial institutions (FIs) and governmental organizations spanning the globe. In the US, we help fintechs ease… Read More »What are PSD2, PISP, AISP, and 3PPI? A Conversation About Open Banking Definitions (Part 1)
Avoid tight coupling to external dependencies in your Helm charts, as they may break your upgradability, directly impacting your users. In this article, Miguel De Barros, Principal Architect Payment Solutions, deep dives into the challenges our team has faced using Helm for Kubernetes-based Mojaloop releases, the impact it has had on users, and what we’re changing… Read More »Helm and Configuration to Resolve External Dependencies and Improve Upgradability in Mojaloop v14
In partnership with ThitsaWorks and ONOW Myanmar, ModusBox is pleased to announce the addition of an upskilling component to the Myanmar Microfinance Digitization project we initiated alongside the UNCDF. RSG (Ready, Set, Go) is an education program designed to deliver training through easily accessible platforms that are familiar throughout the microfinance industry. With support from USAID’s (U.S. Agency for International Development) Digital… Read More »ModusBox, ThitsaWorks, ONOW Myanmar, and USAID Develop Digital Financial Services Education Platform for MFIs and Underserved Clients
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 the… Read More »4 Digital Essentials for Microfinance to Survive the Economic Rainy Season