Michael Richards

Financial Services Principal at ModusBox

Profile image of Michael Richards

Michael Richards is the rapporteur of the Mojaloop Change Control Board, chair of the Mojaloop Design Authority and Mojaloop’s representative on the ISO 20022 standards group. He is deeply involved in the definition of extensions to Mojaloop functionality. These currently focus on improvements to the settlement process, on support for currency conversion and on opening Mojaloop schemes to cross-border payments.

  • Making Digital Payments Affordable and Simple for Everyone, Everywhere

    While mobile money services exist in nearly 100 countries, 1.4 billion people still lack access to digital financial services, despite most owning a mobile phone, according to the World Bank's Global Findex. By providing a model for how to simplify and reduce the cost of designing interoperability between individual payment services, countries working with the banks, and mobile money and digital …