From Zero to Hero with INFITX is the story of the success of our partner Thitsawork in becoming Mojaloop Hub Operator and Payment Manager Provider for the WynePay Scheme by following the INFITX guidelines and training program. The INFTIX service offerings encompass this work as part of the ‘Setting up for Go-live’ stream and as… Read More »From Zero to Hero – a Mojaloop Operations Success Story
Considering an on-premise deployment of Mojaloop? Data Sovereignty and legal boundaries coupled with a lack of in-country cloud hosting options sometimes mean that an on-premise hosted solution is the best option to meet the requirements of certain jurisdictions. The majority of Mojaloop deployments to date have been cloud-based. There is a good reason for this… Read More »Addressing the challenges for Mojaloop On-Premise Deployments
INFITX, in partnership with Thitsaworks and the UNCDF, helped develop WynePay, an interoperable payment switch to help solve the financial inclusion challenges for the country’s mobile wallets and microfinance institutions (MFIs). In this four-part series we’ll share the design solution and the journey of building WynePay, how we simplified the technical onboarding challenges for MFIs… Read More »Part 1: Building WynePay to address financial inclusion in Myanmar
INFITX would like to congratulate all the members of the Mojaloop Community that were elected to positions on the Community Council, Design Authority and Change Control Board. As this is a Community effort all contributions to the sustainability of the community are incredibly valuable and so appreciated. INFITX and our team members have been working… Read More »Congratulations!!
The Mojaloop Foundation has a strong Community with a number of Councils that facilitate the management and decision making for the open source Mojaloop. INFITX is a proud member of the Mojaloop Foundation and Community and is delighted to have the following members nominated for the various Councils: Community Council Design Authority Change Control Board… Read More »Voting is open for the Mojaloop Community Elections 2022
The INFITX team attended the Mojaloop Foundations PI-20 Community Meeting in Zanzibar from 24 – 28 October 2022. They joined a large group of fellow community members to share and explore the way forward for the opensource financial services product. In this blog Jane Stroucken of INFITX discusses the recent Mojaloop Community meeting held in… Read More »The Mojaloop Community Meeting – Zanzibar Oct 2022
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)
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