When it comes to paying for government services, governments and residents want the same thing: payments made easy. Despite this common goal, providing a seamless experience to access and pay for a wide range of government services can still be challenging. Governments have to serve a spectrum of people with different payment preferences while navigating security and compliance requirements, staffing constraints and budget restrictions.
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Fedinsider
According to Gartner, the Federal government views cloud as a long-term pathway to strategic IT modernization, whereas state and local governments tend to pursue the immediate tactical benefits of innovation and cost savings. Cloud hybridization has resulted in a more complex cost model, and state agencies are looking at ways to utilize machine intelligence to govern costs, manage usage, and stay within budget. This multi-cloud approach also requires tight control of compliance and security vulnerabilities.
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Our cell phones have become our cameras, our calendars, our maps, our calculators, our flashlights – even our method of payment for goods and services. Now they’re increasingly becoming our IDs, as physical documents such as drivers licenses are replaced by digital identification.
Mobile IDs are a convenience for the people who carry them. But they also help governments in a number of valuable ways, including fighting fraud, ensuring accessible service delivery for constituents, improving efficiencies and cutting red tape.
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The World Bank
Government cash management can be defined as “having the right amount of money in the right place and time to meet the government’s obligations in the most cost-effective way”. Despite the clarity of this definition and the multiple references in the IMF-WB Guidelines, the exact perimeter of government cash management is not always consensual: “from the perspective of budget policy or management, it is an internal government function - ensuring that cash flows to where it is needed without wastage or idling. But to debt managers and central banks it is about the impact and management of the government’s cash flows in the financial sector”.
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