I greatly appreciate this. Thanks for sharing On Wed, Oct 13, 2021, 4:18 PM Javier Borkenztain <[email protected]> wrote:
> Hello Fineracters!! > > The entire Fineract track is now available on Youtube . > > There is a curated list > <https://cwiki.apache.org/confluence/display/FINERACT/2021/10/13/ApacheCon+2021+Fineract+and+Fintech+track+videos> > of the Fineract and Fintech track available > https://cwiki.apache.org/confluence/display/FINERACT/2021/10/13/ApacheCon+2021+Fineract+and+Fintech+track+videos > > Enjoy the huge amount of content not only on our track, but all the event > videos published on Apache Youtube channel > <https://www.youtube.com/playlist?list=PLU2OcwpQkYCwZfTRhACzyM6QT1qPijPFw> > . > > Best, > Javier > > *Blockchain, Fineract and the decentralized finance* > <https://www.youtube.com/watch?v=8ys-0DGY194&list=PLU2OcwpQkYCwZfTRhACzyM6QT1qPijPFw&index=158> > > Diego Gutierrez Zaldívar, Manuel Beaudroit, Javier Borkenztain > > Bitcoins, blockchain, and decentralized finance have been around for over > a decade and are here to stay. Blockchain is currently supported by open > source platforms and has become the ledger of global economy. > > - > > What integration possibilities does fineract have with Blockchain? > - > > How will we improve ourselves as a result of this revolution? > - > > What lessons can we learn from the DeFi's? > - > > How can we contribute to this new era? > > *AI For All: Enhancing Digital Financial Services using Data Science* > <https://www.youtube.com/watch?v=0andmJFkjzQ&list=PLU2OcwpQkYCwZfTRhACzyM6QT1qPijPFw&index=157> > > Lalit Mohan Sanagavarapu, Jeremy Engelbrecht > > World over "data" is considered as new "oil". Organizations are mining > data available within their own systems, their partners, across all > devices, and on the internet to enhance customer experience, drive > operational efficiency, and deliver data-driven tailor-made services to > consumers. Financial institutions are using data for credit scoring, fraud > detection, adaptive authentication, virtual assistants and many other > personalized services. Mifos has started its journey with 3 use cases - > credit scoring, chatbots and progress out of poverty index (PPI). Our > community working group is refining existing use cases and adding new use > cases to optimize the customer journey. We'll showcase our work to date > across the community and ecosystem with our data science-driven credit > scoring tools. We'll share progress on our roadmap, with continued work on > open source and on cloud machine learning API/libraries with explainability > and security and forthcoming plans to focus on federated and democratized > learning to address data challenges. > > *State of the Project & State of the Industry* > <https://www.youtube.com/watch?v=a6lFYJFp6wI&list=PLU2OcwpQkYCwZfTRhACzyM6QT1qPijPFw&index=156> > > James Dailey > > This is a presentation that summarizes the many threads of the Fineract > and FinTech track at ApacheCon by PMC member and project founder/original > architect. This will start with a summary of the role that open source is > now playing in financial services, the evolution of this project, > associated projects, and picking up on the themes of microfinance, > financial inclusion, credit services, and cloud based banking-as-a-service. > It will also unveil the results of a survey, to be conducted in August > 2021, that builds upon a previous survey conducted on Fineract in 2019, > covering attitudes about the project and the diversity of the community. > Finally, the talk will be a call to action: to make the project more of a > commons for all of those who see the value in open source for democratizing > financial services. > > *Expanding Fineract capabilities, a practical example* > <https://www.youtube.com/watch?v=sfp7ox3wMKk&list=PLU2OcwpQkYCwZfTRhACzyM6QT1qPijPFw&index=155> > > Frank Nkuyahaga > > This is a talk about our experiences with Fineract implementing it for our > clients, the challenges we faced and how we overcame them. Most notable is > how we dealt with performance issues, memory management and handling ever > increasing number of requests coming in from various micro services. > > Also based on our experiences, we'll also propose some improvements to > Fineract that we believe will make it better going forward. > > *Bridging the chasm between analogue and 21st century digital banking* > <https://www.youtube.com/watch?v=_oWFbZDA93U&list=PLU2OcwpQkYCwZfTRhACzyM6QT1qPijPFw&index=154> > > Kelly Switt > > The needs of the 21st-century digital economy require financial services > to be always on, real-time, and contextually embedded. > > Yet, the current world of analog banking continues to be constrained by > end-of-day processes; cut-off times and store and forward messaging, > leaving a chasm between 21st century digital needs and the financial > services that serve it. Fintechs bridge that chasm, bringing banking into > the 21st century. > > Red Hat announces the launch of a partnership program in support of the > Fintech community. > > *Informal yet Impactful: Digitizing Savings-Led Financial Inclusion* > <https://www.youtube.com/watch?v=b7bKtc4h5Gg&list=PLU2OcwpQkYCwZfTRhACzyM6QT1qPijPFw&index=153> > > Wes Wasson, Sofie Blakstad, Robert Timmer > > Savings-led financial inclusion is finally being heralded for its deep > impact and reach to the last mile. Countless individuals at the base of > pyramid rely upon these informal savings groups of various forms in every > region for a safe place to save and access to credit. A new breed of > fintechs has emerged that are digitally transforming these groups with > cutting edge technologies to provide the benefits of digitization with a > powerful user experience the maintains that the high-touch, intimacy, and > impact that has made them so successful. Our panel of four innovative > fintechs have each pioneered their own unique approach to digitizing these > most informal of financial services. We will take a closer look at why > savings-led financial inclusion is so impactful in its various forms, the > massive need and opportunity in digitally including members of these > groups, the innovative approaches that have been taken to preserve group > dynamics, and the benefits digitization entails - graduation to formal > financial services, credit scoring and increased security, transparency, > and financial literacy. These insights can help Fineract evolve as a robust > back-end platform to better power these innovative last-mile solutions. > > *Architecture of Central Bank Digital Currencies* > <https://www.youtube.com/watch?v=NSnnPD52k5k&list=PLU2OcwpQkYCwZfTRhACzyM6QT1qPijPFw&index=152> > > James Dailey > > Central Bank Digital Currencies (CBDCs) are an emerging set of blockchain > and cryptographic enabled solutions that taken together forms a national > cryptocurrency. It has the support of the International Bank of Settlement > (IBS) as a promising area of innovation. Can CBDCs challenge the status quo > of banking systems? How does the CBDC allow the Central Bank to do clearing > and settlements across different assets class better? What would a global > architecture look like? What would cause Central Banks to adopt CBDCs? How > does this relate to one basic-account-per-person provide for an economy? > This is survey of the current discussion and speculation on the future of > CBDCs. > > *CEOs Panel: How the business sees the platform* > <https://www.youtube.com/watch?v=cFyy14-5Dng&list=PLU2OcwpQkYCwZfTRhACzyM6QT1qPijPFw&index=152> > > Juan Esteban Saldarriaga, Uzoma Dozie, Javier Borkenztain > > During this panel, the CEOs of two successful fintech companies in > Colombia and Nigeria will take us through their companies journey in > implementing Fineract. > > Why did they choose Fineract as the engine to implement core banking > software? What challenges did they face and how Fineract flexibility > allowed them to sort them? How is the software scalability going along with > the companies growth? His view on how Fineract can support all types of > fintech projects? > > *Extending Fineract Accounting using Odoo ERP* > <https://www.youtube.com/watch?v=WPMKCZYXAvE&list=PLU2OcwpQkYCwZfTRhACzyM6QT1qPijPFw&index=150> > > John Ruhiu > > As bigger and more complex organizations adopt Fineract as their core > banking system it's becoming necessary to enhance many features to cope > with the requirements of these organizations. > > The accounting module available out of the box is designed to cater to > transaction-related journal entries. This is not sufficient for larger > organizations that require other accounting modules such as asset > management, payroll, branch accounting, and richer analysis and reporting. > > One option is to extend the accounting module in Fineract to include these > features. The other option is to integrate with a mature ERP that has these > features. After some analysis, it turned out that the second option is far > better. > > In this presentation, we are going to look at how we successfully > integrated with Odoo. The challenges, wins, and opportunities. > > *OpenG2P one year on* > <https://www.youtube.com/watch?v=xI1txdaBHDs&list=PLU2OcwpQkYCwZfTRhACzyM6QT1qPijPFw&index=149> > > Ed Cable, Jill Shemin, James Dailey, Karina Lizeth Ortiz Muñoz, Raul > Salomon Almeraya Sibaja > > In ApacheCon@Home 2020 we introduced this new effort and this year we > report back on challenges and progress made: > > OpenG2P is a digital public good digitizing large scale cash transfers > with open source building blocks, recently designated by Digital Public > Goods Alliance. Meanwhile GovStack is a global effort to define a set of > building blocks, especially open source, for governments to leverage when > building new systems. > > These efforts, underway just in the last two years, are starting with the > requirements for government services and building out open APIs between > components. This discussion will be about the various architectural > decisions, lessons learned and next phases of the project. > > *From Monolith to Microservices: Modularizing Fineract 1.x* > <https://www.youtube.com/watch?v=fn9uhpOWrHk&list=PLU2OcwpQkYCwZfTRhACzyM6QT1qPijPFw&index=148> > > Aleksandar Vidakovic, Nayan Ambali, Istvan Molnar > > "As the community gradually advances Fineract CN, as a cloud-native > microservices application framework for digital financial services enabling > highly scalable wallet and transactional accounts, Fineract 1.x continues > to prove itself as a robust, mature. and feature-rich lending platform. > From microfinance institutions serving millions, to digital credit > providers delivering instant mobile loans, fintechs offering sophisticiated > SME and working capital lending via complex algorithms, banks providing > housing and property loans, to e-commerce companies providing consumer > revolving lines of credit and buy now pay later, Fineract 1.x is at the > heart of hundreds of institutions managing loans of all sizes, > complexities, and delivery channels. The continued growth and adoption of > Fineract 1.x across the ecosystem makes evident how reliable, relevant, and > recognized it has become for its loan managment and why we must evolve its > architecture. > > This session will highlight a number of case studies demonstrating the > scale, breadth of loan functionality, and complexity of lending use cases > supported by Fineract 1.x and an active discussion amongst the most senior > architects of solutions powered by Fineract on how the community can > refactor and refine the existing Fineract 1.x architecture to enable > greater scalability and improved performance, better maintainability and > faster testing, ease of development, and higher modularity and > extensibility while continuing to leverage the robust business logic it > contains. This session will inform the roadmap of Fineract 1.x and > collective efforts to refine it's architecture. " > > *Off-Grid Payments and ID* > <https://www.youtube.com/watch?v=1XoK1_K10vM&list=PLU2OcwpQkYCwZfTRhACzyM6QT1qPijPFw&index=147> > > Orang Dialameh > > Identity security, wallet balances, and payments capabilities do not > extend to billions of people, partly because the hardware and software > models are based on always on data and connectivity. What if hardware based > security in an appropriate form factor could be used to secure off-grid > payments, enable merchants and individuals to self- register with > biometrics, and create an entirely new payment rails at the edge. This talk > will explore the work we've done around this concept, and the linkages to > blockchain and legacy payment and wallet systems. > > *Bleeding edge engineering behavior is Apache Way* > <https://www.youtube.com/watch?v=KQdy89muWD4&list=PLU2OcwpQkYCwZfTRhACzyM6QT1qPijPFw&index=146> > > Kanchana Welagedara > > Fintech organizations often share common problems in their engineering > systems. Cultural inefficiencies, engineering silos, slow innovation, lack > of quality mentorship, and collaboration are well-known issues. Apache way > is often brought in to resolve those. During this ongoing pandemic, it's > was proven that people can work productively from any geography when > engineers collaborate effectively. ASF shared that lesson with tech world > for 20 years. FinTech realized that Apache way is the bleed-ing edge > engineering behaviors to follow and let's dig in how. > > 1. > > Practicing Apache way behaviors within a firewall > 2. > > First choice of open source software > 3. > > Shifting away from Silo'ed Architecture > 4. > > Finding reusable patterns in problem-solving > 5. > > Interest in contributing back to open source communities > 6. > > Use the power of the community to lead innovation. > 7. > > Q&A > > *Focusing on financial accessibility versus inclusion* > <https://www.youtube.com/watch?v=VbZHBabxWhA&list=PLU2OcwpQkYCwZfTRhACzyM6QT1qPijPFw&index=145> > > Robert Jakech > > 1.7 billion people lack financial access at all, but 6 billion are > underserved. And by underserved I mean slow, expensive, and complex > services. Let's focus on the entire financial system, rather than a part of > it. > > The principal raw material for the financial industry is money. And money > is technology. This technology has been evolving since we used shells as a > means of payment, and now it's digital. The excluded ones are from the > digital economy. From the global economy. They are using cash, your access > to services and products with cash is as far as your arm can reach to give > it to another one. But the rest of us, the ones in the digital economy, we > need much more. > > With open source solutions, we can collaborate with others in ways we > couldn't imagine before. A global solution for a global problem. Working in > the Fineract community, we learn how to cooperate with others in other > places. The world is moving that way very fast, and we develop solutions in > a way the problems are generated. > > The problems to be solved now are access problems, they are problems that > ignore borders, and live in the cloud. > > *Open Source, Fintech, and the power of communities* > <https://www.youtube.com/watch?v=VSN0xe4th_A&list=PLU2OcwpQkYCwZfTRhACzyM6QT1qPijPFw&index=144> > > Graham McBain > > Financial technology has a long history of being siloed, hard to use, and > based on antiquated infrastructure. The larger software development > ecosystem however has always embraced open source, and collaboration. > Recently we have been able to unlock the knowledge of how to build > financial infrastructure through open source projects and community > building. In this talk we'll discuss how simply giving people a forum to > connect has fostered a strong community of engineers to rebuild financial > primitives that are at once not a differentiator for anyone, but are a > problem for everyone. > > *Apache Fineract: the fintech core banking application* > <https://youtu.be/xMqD3RpFxvI> > > Javier Borkenztain > > Apache Fineract is open-source financial software that offers > entrepreneurs, financial institutions, and service providers a dependable, > scalable, and cost-effective solution for providing financial services to > the world's underserved. > > It is a mature platform with open APIs that allows loan, account, and KYC > management as a core banking framework. > > Fineract platform is actually being used worldwide in 50 countries by more > than 1000 institutions that take advantage of this efficient, modern, and > cost-effective open-source alternative, to develop loan products, KYC, AML, > and accounts tailored as required for their businesses. > > We will review in-depth how digital bank, digital lender, and other > innovative fintechs are using Fineract as there core financial platform. > > *Payments: The Next Frontier* > <https://www.youtube.com/watch?v=32X5gN0Xigs&list=PLU2OcwpQkYCwZfTRhACzyM6QT1qPijPFw&index=143> > > Istvan Molnar, Godfrey Kutumela > > A new frontier for payments is on the horizon with the continued > widespread adoption of national real-time payment systems, the acceptance > of global standards like ISO 20022, the emergence of open banking APIs for > third party payment initiation, and the continued growth of mobile money. > The Payment Hub EE - the open source bridge and microservices orchestration > layer Mifos is building to seamlessly enable accounts and wallets managed > on Fineract to initiate transactions over modern real-time payment rails > via mobile channels and Open APIs, is equipping institutions with modern > enterprise-grade architecture to harness these emerging trends around > payments. This session will explore the emerging trends and standards > around payments, a showcase of the Payment Hub EE and its roadmap in > shaping our long-term vision to enable the sector to go beyond payments, > remittances, and transfers to the next frontier of meaningful, value-added > payments - for-purpose remittances, interoperable cross-border transfers, > split payments to multiple parties, merchant/billpayer requests to pay, > rich invoices, and more. > > *Fineract for Regulated Credit Unions* > <https://www.youtube.com/watch?v=FauYYzSICyM&list=PLU2OcwpQkYCwZfTRhACzyM6QT1qPijPFw&index=142> > > Art Muthiora, James Dailey, Rupesh Raikundalia, Luisa Martinez > > Assessing the fit for Fineract with member-owned financial institutions in > regulated markets. Credit Unions are organized around principles that align > well with the mission of Fineract: financial inclusion and community based. > That makes them natural partners. Their product mix of mortgage loans, > credit services, and savings as well as connections to payment mechanisms > are in line with the direction of Fineract and the Mifos open source > components. This moderated panel discussion will dig into the functional > alignment and define the process by which regulated credit unions could > adopt the solution set. > > *Revolutionizing Financial Services in Africa on Fineract* > <https://www.youtube.com/watch?v=DntL8WhM03s&list=PLU2OcwpQkYCwZfTRhACzyM6QT1qPijPFw&index=141> > > Ademola Babalola > > Across the continent, Fineract is revolutionizing the delivery of > financial services in Sub-Saharan Africa. From grassroots savings groups > going the last mile, to SACCOs and microfinance institutions digitizing > their operations in the cloud to innovative fintechs serving millions via > digital financial services, to banks, telcos, and platfins reaching the > mass markets - Fineract is leveling the playing field and democraitizing > financial services though robust, open source core banking infrastructure. > > This session will feature an esteemed panel of diverse players from the > Mifos and Fineract ecosystem who will take about the massive opportunity to > serve the needs of the Base and the Middle of the Pyramid, practical use > case of Fineract on the continent, the trends that will transform the > sector, the challenges in reaching the last mile, how the roadmap will be > shaped by the latest trends, the potential of new innovation and business > models that can be powered by Fineract, and the growing open source > ecosystem and how Fineract is fueling that. > > > [image: Logo] <https://www.fiter.io> > *Javier Borkenztain* *| CEO* > *e:* [email protected] > *w:* fiter.io <http://www.fiter.io> > *m:* +598 97980801 > [image: twitter icon] <https://twitter.com/Fiter_io> [image: youtube icon] > <https://www.youtube.com/channel/UCfWztdFtHI3PwaSLAEcwTNQ> [image: > linkedin icon] <https://www.linkedin.com/company/fiter-io> > > Sent via Superhuman <https://sprh.mn/[email protected]> > >
