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Banking is changing. A new revolution in open source has come along. Current applications such as the Linux Kernel and the Apache HTTP Server have shown that not only is Open Source a workable to proprietary lock-ins.
MyBanco Version 0.11
Released 23rd Jan, 2011
Announcing the latest in Open Source banking. MyBanco 0.09. This version of MyBanco is considered stable, with updates only coming for security and bug patches.
MyBanco 0.09 comes with a few new features, such as:
- Secure phone and internet banking.
- Processing cash and credit
- Quick and easy inter-account transfers
- RPC-API based on JSON-RPC for quick and easy development of applications bassed on the MyInfo system
- Realtime Integrated system
- Scalable MySQL database system for the backend
- Multiple servers for Frontend, Backend and Database
- 1,000 transactions a second for AUD$2,000 of hardware
( 500*60*8 = a possible 240,000 transactions a day. )
Version 2011.0 is due to be released early May with
- Many Loan Improvements
- Graphical Loan Designer
- Improved support for paycheck advance/payday loans (one time payment loans)
- NEW! Native iPhone and Android mobile banking applications
- NEW! Support for SMS Global
- NEW! ISO 8583 (Financial transaction card originated messages) support
- FIX! Asterisk 1.8.0+ support