Friday, March 29, 2024


Banking is broken

By DAC000 , in Fintech , at August 2, 2021 Tags:

Excellent article about Modularbank. About a five minute read.

Comment: I’ve bumped into their work peripherally from buddies in The City; very well thought of. And they’re correct — incumbent’s legacy infrastructure seriously limits their innovation across multiple dimensions (e.g., sunk cost, complexity of old code) so micro services can most definitely help. Note — the article has a link to an excellent PDF explaining micro services, and if you’re inclined to play I’d suggest no better place than Amazon’s AWS, widely credited as being the creator of this concept. I have significant assets running on their platform, very supportive and well documented. Oh! Runs well too!!

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