Re: [projectvrm] FinTP

[elliot noss < >]

someone may want to submit this as prior art here:

http://money.cnn.com/2013/12/10/technology/bitcoin-jpmorgan/

(yuck).

EN

On 2013-12-11, at 10:10 AM, Doc Searls 
<
 >
 wrote:

> FinTP is an open source project in the payments world, led by developers at 
> Allevo, a company supplying software and services to banks. They are 
> headquartered in Romania, and some of us met them at Sibos 2011 in Toronto 
> when we presented the Digital Asset Grid for SWIFT Innotribe.
> 
> A description:
> 
> 
>> The payments arena in itself has reached a high level of maturity, 
>> payments becoming a commodity in the financial industry; on these premises 
>> operational software should no longer be a differentiator.
>> Allevo has come up with the idea to develop an open source application for 
>> financial transactions processing and, simultaneously, to create a 
>> community around it. The application code name is FinTP and it is far from 
>> being just an idea anymore, it has grown into a thoroughly documented 
>> project.
>> Allevo is strongly committed to publish, under free-open licensing terms, 
>> its own financial transactions processing engine - which capitalizes on a 
>> seven years practice proven commercially available application. In our 
>> view, an open source application represents in fact the acceptance of the 
>> commoditization of the payments processing arena.
>> FinTP creates a widespread financial transactions processing platform, a 
>> cheap alternative (to the current proprietary payment systems) for an 
>> industry common solution which will evolve into a new standardization 
>> layer.
>>  
>> 
>> FinTP shifts the competitive space and consequently the innovation drive 
>> (from back-office, and mostly financial institutions and large 
>> corporations) to SWIFT traditional and new business areas (treasury and 
>> front-office of the banks, large financial institutions, corporations and 
>> SMEs - including MFIs).
>> 
> Code/blog: <http://www.fintp.org/>
> 
> More links:
> 
> http://soc.rosedu.org/2013/fintp/
> http://www.arb.ro/wp-content/uploads/Allevo-FinTP.pdf
> http://opensource.com/business/13/12/fintp-to-open-source
> http://www.youtube.com/watch?v=qnvhe7QTrxQ
> 
> Two people involved are Ioanna and Mihai Guimann:
> 
> https://twitter.com/IoanaGuiman
> http://opensource.com/users/mihaiguiman
> 
> They may be on the list. Not sure. If they're not, and anybody here is 
> interested in dialog/development with them, let me know and I'll make sure 
> they're in the loop.
> 
> Doc