Amazon to hire 100K workers, Travelex parent on verge of collapse, Red Hat on innovating payments the open source way

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March 17, 2020

Digital Identity

Could The Coronavirus Crisis Solve Digital IDs’ ‘Chicken and Egg’ Problem?

Will the coronavirus usher in a new age of digital IDs? Maybe, but the groundswell is already in place. In an interview with Karen Webster, Philipp Pointner, chief product officer at Jumio, takes note of Australia’s recent efforts to bring digital IDs and biometrics to government services may spur adoption of digital passports — and the ripple effect may extend from there.

 

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Payments Innovation

Red Hat: Innovating Payments The Open Source Way

Financial institutions need to deliver seamless customer experiences but are burdened by legacy infrastructure. Vincent Caldeira, chief technologist for FSI in APAC for Red Hat, tells PYMNTS that modernizing payments can be made a bit easier with open source technologies — and standardization. Here’s how.

 

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PODCAST: ISVs

Not All ISV Roads Must Lead To Being A PayFac

Software companies might mull becoming payments facilitators as a way to boost top-line growth. But as Daniela Mielke, CEO of RS2 Software, told Karen Webster in a recent podcast, the strategy might not be the best one — they can find other ways to deliver a creative user-driven experience while looking toward partnerships and platforms to deliver payments functionality.

 

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Business Interruption

As SMBs Grapple With Virus, No Assurance From Insurance

The virus is invisible, of course, but the impacts to global economy are quickly materializing, disrupting supply chains and SMB’s customer demand and top lines. Insurance may be no salve, as “disruption” policies have been crafted that specifically exclude communicable diseases. Here’s why rebuilding may get even tougher for firms who assume a backstop may be in place, only to find it isn’t.

 

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PODCAST: Digital Transformation Of Treasury

Meeting Corporate Treasurers Where They Are To Get Them Where They Need To Be

Corporate treasurers’ choice of banking products can have a profound impact on the success of their organizations. Yet with each enterprise at a different point in their digitization journey, financial institutions’ offerings aren’t one-size-fits-all. J.P. Morgan's Managing Director and Head of Wholesale Payments Solutions Lia Cao tells Karen Webster that serving the modern treasurer means meeting corporates where they are today to help them get to where they want to be tomorrow.

 

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