Contributor
Ankur Sharma-1

Mifos Open Banking Framework & Application


Mentors
Shivansh Tiwari, Naman Dwivedi
Organization
The Mifos Initiative

Open Banking is seen as the Future of Fintech as it is revolutionising the way we manage our money. Mifos Open Banking Application would re-energise banking, by making it easier for customers to give safe and secure access to their accounts associated with multiple banks, transaction data, and more in order to move, manage and make more of their money. It will further encrypt the shared information and allow customers to be in control of what information they choose to allow access to. People will have access to a digital means of financial transaction with the latest technology at their fingertips. This mobile application is very important as the services that Mifos provides are quite essential, and it will help many use those services with ease.