Stripe joins the MACH Alliance
By Delisha Fernandes
MACH Alliance, a group of independent tech companies dedicated to advocating for open, best-of-breed technology ecosystems, announced that Stripe, a financial infrastructure platform, has joined the Alliance.
Stripe, which builds economic infrastructure for the internet, is used by many of the world’s enterprises, from Amazon to BigCommerce, Ford, Zara, Maersk and more.
“Stripe serves as an excellent example of a company built upon a modern technical infrastructure,” said Casper Rasmussen, MACH Alliance. “They’ll be strong champions for the Alliance across their vast network of users and partners, which will influence the broader embrace of MACH across the FinTech category.”
The Internet economy is still developing. Traditional businesses are increasingly coming online or expanding their digital presence including through payments and financial operations. It is only with a modern technology architecture that they can make the transition to the digital age.
“MACH Alliance is enhancing the online commerce space and is a leading standard for the industry,” said Dorothy Copeland, global head of partnerships at Stripe. “Becoming a member was an obvious choice—many existing Alliance members are already Stripe users and partners, demonstrating the importance of this ecosystem to accelerate digital experiences.”
A MACH architecture for microservices, API-first, cloud-native SaaS and headless gives companies a deeper level of flexibility, allowing them to deliver new customer features quickly.
IBSi Daily News Analysis
January 16, 2024
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