Mifos Partners with Corent Technology to Transform Delivery of Core Banking Platforms via SaaS

We’re excited to announce our collaboration with Corent Technology to transform the delivery of both our 2nd and 3rd generation Mifos solutions via the cloud through their SaaS enablement solution, SurPaaS®. We’re eager to work with community members that would like to pilot using Mifos X as a SaaS solution through Corent’s solution as well as partners who’d like to leverage the SurPaaS stack to deliver a cloud-hosted solution at scale. Please view the full press release or read on below:

ALISO VIEJO, Calif.–(BUSINESS WIRE)–Corent Technology, a technology leader in cloud migration, optimization and SaaS enablement, has teamed up with the Mifos Initiative to launch Mifos X financial application as a fully instrumented SaaS solution, to facilitate access to core banking services for the over 3 billion unbanked and underbanked world population, a major step toward eliminating extreme poverty in under-developed communities.

“We are pleased to support the Mifos Initiative – a leader in financial inclusion and microfinance technology – in their mission to enable financial institutions to bring responsible financial services to the over 3 billion people who are without effective access today,” stated Feyzi Fatehi, CEO of Corent Technology.

“Such a bold mission, serving potentially thousands of smaller financial institutions, requires a SaaS solution that is highly automated and scalable and that can be easily deployed, efficiently delivered and affordably managed. By powering the Mifos X Platform with the SaaS-enablement capabilities of SurPaaS, we are pleased to be a part of empowering this global initiative,” added Fatehi. Read more

Explorations: Yoti – Digital Identities as a Force for Good

This post is part of our Explorations series, where we invite experts from across the global tech community and our ecosystem to impart their wisdom and knowledge. Identity is a crucial part of delivering responsible fintech and a topic that is actively being discussed across our community right now.  We’re happy to have Ken Banks, the Head of Social Impact at Yoti, share this guest blog post describing their recently announced social impact strategy. Ken will also be leading a webinar as part of our Mifos Community Webinar Series on March 18 at 1400GMT via GoToTraining outlining Yoti and its commitment to designing and delivering solutions that can make digital identity a force for good. 

Please read his blog post below, explore the their social impact strategy (.pdf) and join the webinar on March 18. Mifos is looking for institutions across the community who are ready and willing to participate in digital identity pilots we will be kicking off with organizations like Yoti and the Sovrin Foundation.

Over the past few months our Social Impact team has been busy carrying out research across Africa, South East Asia and the United Kingdom to better understand digital identity needs and opportunities in these locations. We’ve been speaking to experts around the world and attending digital identity and humanitarian events to get a sense of who is doing what, where. Our findings have led to the development of an exciting user-focused, evidence-based Social Impact Strategy which we are proud to be launching today, along with an updated section of the Yoti website. Read more