Michael Richards's Contact Details

Michael Richards's Company Details

ModusBox

Mercer Island, WA, US • 100 - 249 Employees
SaaS

In 2013, we started as infrastructure and integration experts to be the industry's premier enterprise integration service provider. In the process, we discovered two things: The integration industry lacked a truly great technology solution. The options were either inadequate or exorbitantly expensive. And, we found the financial industry to be especially in need of transformation. Financial institutions are fraught with suffocating point-to-point integrations and geriatric banking core technology that stifles innovation and restricts inclusive financial services.That's why we built PortX, the Integration-Platform-as-a-Service (iPaaS) for community financial institutions. PortX unlocks access to banking core data, eliminates vendor dependencies, and creates simplified connectivity to the new wave of fintechs and real-time payment networks that are reshaping the global financial system. In 2017, we collaborated with the Bill and Melinda Gates Foundation to develop Mojaloop - the world's first open source platform for interoperability in a real-time payment network. We are a founding member of the Mojaloop Foundation and are committed to its mission to increase financial inclusion by empowering organizations creating interoperable payments systems to enable digital financial services for all.Financial institutions of all sizes including community banks and credit unions in the US, microfinance institutions in Southeast Asia, and everything in between, leverage our products and expertise to scale their IT infrastructure and innovative capabilities, simplify connectivity to real-time payment systems and fintechs, and minimize the operational costs and technical challenges of participating in today's global payments system.