The core team and community have been hard at work at continuing to broaden the functionality of Mifos X and make the platform more extensible for our ecosystem of partners. This release delivers on some must-have financial and accounting features with support for perodic accrual accounting with point-in-time accruals, true declining balance with interest recalculation with support for configurable rest periods and compounding settings, the ability to pre-pay loans, bulk JLG loan applications, and a whole range of usability enhancements. On the architectural side, we’ve built out a WebHooks framework with a proof-of-concept Twilio SMS integration, shipped our Batch APIs for improved performance, and an Executable WAR for quick installation of Mifos X. Download Mifos X 1.25 now or request a trial instance to try it out for your organization. Read more
We’re recognizing Markus Geiß as our Star Contributor. He’s a one-of-a-kind volunteer that stepped right in and immediately became a tight-knit member of the community. In the brief 6 months he’s been here, he’s become a dedicated mentor, a sage architect, a proficient contributor, a respected committer, and most importantly a trusted friend. Join us in congratulating Markus who was also recently recognized by Social Coding 4 Good as their Featured Contributor (pictured in his now famous flower photo from back in the day).
Join nearly 208 million credit union members in 103 countries who recognize and celebrate the credit union difference by taking a moment to reflect on the financial co-operatives history and to ponder its achievements.
International Credit Union (ICU) Day® has been celebrated on the third Thursday of October since 1948. The day is recognized to honor those who have dedicated their lives to financial inclusion, recognize the hard work of those working in the credit union / SACCO / Co-Operative community and show members appreciation.
This year’s ICU Day will take place on Oct. 16, 2014. Its theme, “Local Service. Global Good,” emphasizes credit unions’ positive impact in their communities and around the world.
Vote for The Mifos Initiative as the Benzinga Global Fintech Awards for Best Solution for the Underbanked… twitter.com/i/web/status/97970…