Three years ago, Category 5 Hurricane Irma was quickly approaching the coastline of Florida — forcing many evacuees to frantically join long lines at gas stations to fuel up as they fled north. At the same time, Tesla’s CEO Elon Musk announced that the company would boost the range of its cars, enabling Tesla owners to travel further out of the range of the storm. This was accomplished by temporarily providing access to additional reserve battery power.
The need to share healthcare information electronically is not new — but it has become essential in our COVID-19 reality. Whether it is across different information systems, devices, and applications or across organizational, regional, and national boundaries — the timely and seamless access of information is paramount to optimize the health of individuals and populations.
Responding to COVID-19 challenges has led to an explosion of digital innovation in a place often overlooked — our own governments.
Through the power of APIs, innovative agencies have enabled contact tracing solutions across major U.S. cities, automated eligibility programs for real-time citizen financial assistance, and other mission-critical projects in a matter of weeks. And with nearly 200 FedRAMP-authorized cloud technologies now available, U.S. government agencies can leverage similar digital solutions that have driven innovation throughout the private sector.
The COVID-19 pandemic has exposed gaps in banks’ ability to provide resilient, reliable payment services. Situations where banks could not process payments due to lack of staff access to physical data centers, or because of vendor-imposed downtime due to security breaches, have been all too frequent in the last six months. To address these challenges, banks must replace or augment their legacy systems and move processing to the cloud.
MuleSoft Government Cloud is a secure, FedRAMP-compliant (FISMA Moderate) deployment environment that enables government agencies to use Anypoint Platform in the cloud. With MuleSoft Government Cloud, you can leverage an integration platform as a service (iPaaS) to reduce the infrastructure and management costs associated with legacy on-premises integration. Your IT teams can focus on designing and building APIs and integrations rather than worrying about managing and maintaining infrastructure with Anypoint Platform.
COVID-19 has shown that in a time of crisis, governments need complete and up-to-date data to protect citizen safety, track and mitigate the spread of the virus, and provide key services such as testing and social assistance programs.
As more cities and states begin the reopening process, having a clear plan of action for intra-agency collaboration and informed decision making will be essential to keeping everyone safe.
As consumers have adopted third-party digital apps and services to better manage their financial lives, open finance has become a critical digital transformation priority for financial institutions. Today, it’s more important than ever before with almost two-thirds of consumers globally using at least one fintech app and an increased amount of financial activity happening digitally in the midst of COVID-19.
The U.S. government relief programs in response to COVID-19 have put an unprecedented workload on the banking industry. The small business funding programs like Paycheck Protection Program (PPP) loans and Small Business Administration (SBA) Bridge loans have generated 14 years’ worth of applications in 13 days underscoring the importance of digital transformation.
Banking providers around the world are helping millions of people and small businesses manage tremendous financial uncertainty amid COVID-19. Though banks have risen to the challenge with remarkable ingenuity, the crisis underscores the need for them to accelerate their digital transformations.
The success of chief information officers (CIOs) and IT departments in the banking industry is critical to delivering the financial support that’s so desperately needed to withstand the economic impacts of COVID-19.
MuleSoft provides the most widely used integration platform for connecting any application, data source or API, whether in the cloud or on-premises. With Anypoint Platform®, MuleSoft delivers a complete integration experience built on proven open source technology, eliminating the pain and cost of point-to-point integration. Anypoint Platform includes CloudHub™ iPaaS, Mule ESB™, and a unified solution for API management™, design and publishing.