SaaS ISVs: Know your customers or risk going to jail
Many countries have introduced strict “Know Your Customer” laws. The goal is to fight money laundering, identity fraud and to disrupt terrorist financing. SaaS ISVs are now service providers and so will increasingly have to work within these laws. ISVs must consider their jurisdiction, as well as that of their customers, suppliers, processing utilities and data storage providers. Not knowing enough about your customers can be expensive, and could even land you in jail. PaaS providers can add value to European ISVs by abstracting these jurisdiction issues and keeping track of future legal changes. …continue reading “SaaS ISVs: Know your customers or risk going to jail”
Survey reveals 2,548 German ISVs asleep at the (SaaS) wheel!
A recent survey of small to medium-sized German ISVs revealed half have no plans to move to SaaS. Are these ISVs asleep at the (SaaS) wheel, or are they right to ignore SaaS? Here in Germany you do not fall asleep on the Autobahn if you plan to survive for much longer. Ignoring SaaS is just as high-risk. German ISVs must start working on their SaaS solutions while they still have the chance. …continue reading “Survey reveals 2,548 German ISVs asleep at the (SaaS) wheel!”
