Edinburgh, Scotland, UK
October 21 & October 25 | Co-Located Events, Tutorials, & Workshops
October 22-24 | Conference
Find out more information for Open Source Summit + Embedded Linux Conference & OpenIoT Summit Europe 2018

Please note that you can view and download presentations on the Open Source Summit and Embedded Linux Conference + OpenIoT Summit slides pages. 
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Wednesday, October 24 • 10:00 - 10:20
Keynote: Open Source Banking: End Poverty One Line of Code at a Time - Ed Cable, President & Chief Executive Officer, Mifos Initiative

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Did you know that open source is a critical piece of the solution to ending global poverty? Why just simply scratch an itch when you can end poverty one line of code at a time. The World Bank has a target of ending Extreme Poverty (people living on less than $1.90 per day) by 2030 - while they just announced that global poverty is at its lowest rate in history, we are not on target to achieve that goal.

A new approach is needed, an open one. The Mifos Initiative has been refining our completely open fintech approach for the past decade. While it starts with technology - truly open source core banking infrastructure - it doesn’t stop there. It’s guided by a global open source community, sustained and supported by open source business models, and fueled by open standards and open knowledge sharing. We’ll walk you through the evolution of our core banking stack, show you the innovations our ecosystem has pioneered, demonstrate its incredible impact in reaching 10 million individuals globally, and help you discover how you can join us in fighting poverty with financial inclusion

avatar for Ed Cable

Ed Cable

President & Chief Executive Officer, Mifos Initiative
Ed has been a part of the Mifos project since 2007 in its early days at Grameen Foundation. He oversaw the open source community, connecting its members worldwide with the tools, support, and engagement needed to build and use Mifos. Leading the growth of this burgeoning community... Read More →

Wednesday October 24, 2018 10:00 - 10:20 BST
Pentland Auditorium, Level 3