[
https://issues.apache.org/jira/browse/FINERACT-1333?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
]
Adam Saghy closed FINERACT-1333.
--------------------------------
Resolution: Abandoned
> Reference Open Banking Fintech App on Fineract
> ----------------------------------------------
>
> Key: FINERACT-1333
> URL: https://issues.apache.org/jira/browse/FINERACT-1333
> Project: Apache Fineract
> Issue Type: Improvement
> Reporter: Ed Cable
> Priority: Major
> Labels: gsoc2021, mentor
>
> h2. Mentors
> * [~jawidMuhammadi]
> * Naman Dwivedi
> * Shivansh Tiwari
> h2. Overview & Objectives
> Across our ecosystem we're seeing more and more adoption and innovation from
> fintechs. A huge democratizing force across the financial services sector is
> the Open Banking movement providing Open Banking APIs to enable third parties
> to directly interact with customers of financial institutions. We have
> recently started providing an Open Banking API layer that will allow
> financial institutions using Mifos and Fineract to offer third parties access
> to requesting account information and initiating payments via these APIs.
> Most recently the Mojaloop community, led by Google, has led the development
> of a centralized PISP API
> To demonstrate these Open Banking APIs and use cases that third parties and
> fintechs can provide we have developed a cross-platform reference mobile app
> on Kotlin to showcase a number of these features. It currently connects with
> the Open Bank Project that adheres to the UK Open Banking API standard. The
> API Gateway to connect to is still being chosen (WS02, Gravitee, etc.)
> The breadth and variety of apps that could be built leveraging these APIs
> from region to region is endless. We would like this app to be built in an
> extensible and modular fashion such that core libraries and components could
> be re-used across different use cases with this framework as the foundation
> and multiple reference apps on top. Applications include personal financial
> management apps aggregating information from multiple bank accounts in one
> place, wallet apps allowing payments to be made from different banks, lending
> apps, leveraging data and insight from multiple accounts, savings apps, etc.
> h2. Description
> Intern would work on refining the initial architecture of the framework, the
> UI and user experience, core use cases including customer authentication and
> onboarding that was implemented in 2020 and integrating with the Fineract
> Open Banking APIs and Mojaloop PISP APIs to demonstrate use cases around
> account information request and payment initiation.
> * Aggregating account information across multiple banks/financial institution
> * Initiating payments across multiple financial institutions
> * Integrate with additional Fineract Open Banking APIs
> * Integrate with Mojaloop PISP APIs.
> h2. Helpful Skills
> Android development, SQL, Java, Javascript, Git, Spring, OpenJPA, Rest, Kotlin
> h2. Impact
> By providing an extensible open banking fintech app framework, allow partners
> a complete stack of Open Banking APIs and reference front-end application to
> rapidly build innovation via Open Banking APIs.
> h2. Other Resources
> 2020 Progress:
> https://gist.github.com/ankurs287/4ef7c3de462073bf36bd5247479cb176
> Google Whitepaper on 3PPI:
> https://static.googleusercontent.com/media/nextbillionusers.google/en//tools/3PPI-2021-whitepaper.pdf
> UK Open Banking API Standard: https://standards.openbanking.org.uk/
> Open Banking Developer Zone:
> https://openbanking.atlassian.net/wiki/spaces/DZ/overview
> Examples of Open Banking Apps:
> https://www.ft.com/content/a5f0af78-133e-11e9-a581-4ff78404524e
--
This message was sent by Atlassian Jira
(v8.20.10#820010)
