INFITX

Building Bridges to Drive Financial Inclusion We were honoured to meet with some of the dedicated members of the COMESA Business Council (CBC) Digital Financial Inclusion (DFI) team as they continue their mission to promote financial inclusion in South Africa. Their work is truly inspiring, and we are proud to be part of an effort to create opportunities and empower communities through access to financial services. Jane Stroucken,Teddy Soobramanian, John Jailosi and Jonathon Pinifolo Together, we’re building bridges to a more inclusive future. #FinancialInclusion #Empowerment #SouthAfrica #DFI #CBC #CommunityDevelopment #InclusiveGrowth

Fostering Collaboration and Innovation at Mojaloop: INFITX recently attended the Mojaloop PI-24 OSS Community Meeting held in Nairobi, Kenya. This four-day event united adopters, decision-makers, and developers who are enthusiastic about designing the future of financial inclusion. In this post, you can learn more about the convening and our collaborations and mentoring initiatives, including links to several key sessions. Full article: https://lnkd.in/etZyupn4 #Mojaloop #Collaboration

Don't miss this webinar from the Mojaloop Foundation Speakers Bureau, "The Open Source Landscape: Adoption, Benefits, and Roadblocks" Despite the proven success of open-source software, adoption challenges remain. Join our INFITX and Community experts as they tackle key issues head-on. Jane Stroucken and Sri Miriyala from INFITX are excited to team up with Elijah Okello from the community again to bring unique insights into adoption, benefits, and overcoming challenges in open-source technology. Here's what to look forward to: - Open-source value: Myths and Benefits: The proven benefits of open-source software and how to navigate adoption challenges. - Community Collaboration: Effective collaboration strategies that lead to meaningful financial inclusion outcomes. - Security Aspects of Mojaloop: Mojaloop open-source software provides the leadership of governments and organizations with the security they need. INFITX as a part of the  Mojaloop Foundation Community is dedicated to unlocking the potential of open source. Tune in to gain valuable insights and practical strategies from this panel! Elijah Okello is a passionate and skilled Software Engineer with 4+ years of experience. He holds a Bachelor’s degree in Software Engineering. Elijah values simplicity and efficiency in his coding approach, striving for clean and maintainable solutions. He has a keen and growing interest in new and emerging financial technologies. He is also a regular contributor to open-source projects including among others Mojaloop and Mifos X. Sridevi Miriyala, a QA Lead, is an influential contributor to the Mojaloop community. She actively engages in various community forums, sharing her expertise and insights. Additionally, she is part of the speaker bureau, contributing to discussions, workshops, and presentations. Her commitment to quality assurance and active involvement make her a respected figure in the community, fostering collaboration and knowledge sharing. Jane Stroucken is a Program Manager who has been an active member of the Mojaloop Community since January 2019. She began her involvement with the delivery of the TIPS program in Tanzania. Known and respected within the community, she has consistently attended all the Community meetings, playing a supportive role and establishing herself as a valued member. Participating in the Community Council for 2 years, various work streams and as a member of the current Speaker Bureau Jane values every interaction and activity as part of this dynamic community. Jane Stroucken was listed at No.5 on the HiPipo top 100 Women in FinTech #WomenInFinTech 2024. Acknowledging the active role and leadership she and Paul Hunter Executive Director Mojaloop Foundation (no. 2) have in the community as well as the contributions to women in particular in the Inclusive Financial Services industry. #FinancialInclusion #OpenSource #MojaloopSpeakersBureau

INFITX Technologies is thrilled to share that Mojaloop Congo v16.0.0 and the accompanying Infrastructure as Code (IaC) v5.0.0 are officially available for adoption! We are grateful to have contributed to this important release alongside an incredible community. Many thanks to all the other collaborators for their tireless efforts across various workstreams. Looking forward to valuable feedback from the community and to working together on identifying gaps and improvements that will benefit all Mojaloop adopters. Full article: https://lnkd.in/eSkhuTSh #Mojaloop #IaC #Collaboration

Mojaloop Monitoring: Open-Source FinTech Keeps a Watchful Eye Ever wondered how they keep track of a cool open-source project like Mojaloop (financial inclusion platform)? Keeping an eye on a complex open-source project like Mojaloop is crucial. This post by Muzammil Bashir, a monitoring guru, unveils how to build a monitoring system to keep tabs on everything. Here's the gist: Leverage open-source tools (Prometheus, Grafana, Loki, Alertmanager) for a cost-effective and customizable monitoring solution. Separate monitoring infrastructure from service integration for a clean workflow, allowing teams to focus on their areas of expertise. Utilize Grafana dashboards specifically designed for Mojaloop, alongside pre-built dashboards for other components, for a comprehensive monitoring view. Benefits: Gain valuable insights into system performance and proactively identify issues before they impact users. Improve the overall reliability and scalability of the monitoring system to handle future growth. Streamline service integration for the development team, boosting overall development efficiency. Read more & Resources: https://lnkd.in/eDhjxTse #Mojaloop #Monitoring #OpenSource #Fintech

This post explores integrating Apache Fineract with Mojaloop for Government to Person (G2P) payments Author: Elijah Okello, Software Engineer passionate about Open Source Fintech What you'll learn: Connecting Fineract (core banking system) with Mojaloop (payment network) for G2P payments. Design considerations for the core connector, including API interactions and Fineract account representation in Mojaloop. Tools and resources used for development, testing, and deployment (Typescript, Jest, Mojaloop Testing Toolkit, Docker). Lessons learned and challenges faced, like handling zero-charge transactions and IBAN validation. Benefits: Enable Fineract users to participate in Mojaloop's real-time payment network. Facilitate efficient G2P initiatives using open-source technologies. Full article & Resources: https://lnkd.in/ehjMGaJx #Fineract #Mojaloop #G2P #FinancialInclusion #OpenSource

In 2020, the G20 set a landmark goal: to transform the landscape of cross-border payments. Their vision? To create a system that's faster, more cost-effective, and transparent by 2027. What's in the G20 Roadmap? It's a strategic framework comprising 19 building blocks, focusing on regulatory enhancements, interoperability, and streamlined data exchange. The ambition is clear - to make global payments more accessible and efficient. Mojaloop's Role: As we step towards this future, Mojaloop is at the forefront, aligning with the G20's objectives, and as members of the Mojaloop community, we believe its role is pivotal in bridging gaps in payment systems, ensuring they are inclusive and interconnected. Join us on this journey: Stay tuned as we contribute to reshaping how the world handles cross-border transactions, in line with the G20's transformative vision. Read more here: https://lnkd.in/enNXCFHf #GlobalPayments #G20 #Mojaloop #FinancialInclusion

The remittance industry, much like AI in startups, is seeing significant growth. In response, the Mojaloop community has introduced an important foreign exchange extension. INFITX is proud to have played a key role in this development. We've just completed a successful proof of concept that integrates cross-border remittances into instant payment rails, offering new opportunities for foreign exchange providers. This marks a first for Mojaloop in supporting foreign exchange within instant payments, achieved after four years of in-depth work within the community. It's a big step towards creating a more inclusive and efficient marketplace for foreign exchange services. Read more here: https://lnkd.in/eBrJzy4U #FinTech #Mojaloop #Remittances #Innovation #INFITX

The Mojaloop Community Governance Election Results Are In! INFITX is excited to be part of the new team of elected representatives for the Community Council, which is the representative governing body of the Mojaloop community, the Design Authority, which guides the technical implementation of the Mojaloop Open Source Codebase, and the Change Control Board (CCB), which governs changes and maintains the Mojaloop family of APIs for 2024, as chosen by Mojaloop Community members and are proud to participate alongside community members. Read more here: https://lnkd.in/ehYYnXb2 #mojaloop #infitx #leveloneproject #financialinclusion #communitydriven