Centralized problems are generally easier to solve than distributed problems. Depending on their architecture moving to an EU cloud provider could range from tricky but manageable to very painful , but it’s a centralized IT problem that can be attacked and solved. Getting every retail vendor to support Wero is much harder, and is being solved apparently.
While true, the AWS infrastructure in Europe is somewhat sovereign from the parent company and under stricter regulation and oversight. Granted, it’s not a perfect solution but a good one for the moment.
I don’t know much about the payment processors but I would assume Visa and MasterCard run on their own hardware? Or are they also tied to a cloud provider these days?
Valid point.
But technically an easier transition to own solutions at some point.
Wero has its roots before the overall critical industry ‘digital independence’ got enough attention (in the recent year), it was more about solving a specific duopoly (that a lot of banks & startups started solving anyway, just way more fragmented).
The article omits that Wero is running on top of AWS. So still the same problem, just slightly lower in the stack.
Centralized problems are generally easier to solve than distributed problems. Depending on their architecture moving to an EU cloud provider could range from tricky but manageable to very painful , but it’s a centralized IT problem that can be attacked and solved. Getting every retail vendor to support Wero is much harder, and is being solved apparently.
While true, the AWS infrastructure in Europe is somewhat sovereign from the parent company and under stricter regulation and oversight. Granted, it’s not a perfect solution but a good one for the moment.
https://aws.eu/european-sovereign-cloud/
That’s a lie, just marketing. See the https://en.wikipedia.org/wiki/CLOUD_Act
I don’t know much about the payment processors but I would assume Visa and MasterCard run on their own hardware? Or are they also tied to a cloud provider these days?
Valid point.
But technically an easier transition to own solutions at some point.
Wero has its roots before the overall critical industry ‘digital independence’ got enough attention (in the recent year), it was more about solving a specific duopoly (that a lot of banks & startups started solving anyway, just way more fragmented).
It’s easier to replace AWS with a European alternative, than Visa or Mastercard. So the problem is smaller.
True, and I also did not mean to let better be the enemy of good. Just that we’re not in the clear yet.