An application programming interface (API) is a protocol intended to be used as an interface by software components to communicate with each other. An API may include specifications for routines, data structures, object classes, and variables. An API specification can take many forms, including an International Standard such as POSIX, vendor documentation such as the Microsoft Windows API, the libraries of a programming language, e.g. Standard Template Library in C++ or Java API. Gartner predicts that by 2014 75% of Fortune 500 enterprises will open an API
Fundamo Mobile Wallet
The Fundamo Mobile Wallet is a complete 'standalone' banking solution with a fully functional and secure account which the customer can use to make convenient and secure payments, amongst other things, from their mobile phone.
It offers transformational banking and is typically delivered by the Mobile Network Operators and Financial Services Organisations wanting to address new market segments with a differentiated offering. With functionality tailored to cater for the specific consumer needs in each market, the account can be managed and maintained via the mobile phone as well as through the use of the internet or a branded payment card.
Fundamo mobile wallet
The Fundamo mobile wallet delivers a fully integrated solution; the consumer friendly interface on the handset, the robust transaction and security engine for secure, efficient processing and the fully functional value store (transactional account) with all the administrative functions and processes required to manage the back office.
From Pioneering Beginnings to Mainstream Relevance
Fundamo is an industry pioneer, who, together with our clients, has innovated and contributed to all the stages of industry development and growth since the year 2000. To that end, this year, the oldest Mobile Money operation in the world is celebrating 10 years in operation on Fundamo's platform.
Operating