Digitization

Digitization, less commonly digitalization, is the process of converting information into a digital format, in which the information is organized into bits.

Source: en.wikipedia.org

Is the Ease of Automated Regulatory Compliance Worth the Cost?

Is the Ease of Automated Regulatory Compliance Worth the Cost?
Is the Ease of Automated Regulatory Compliance Worth the Cost?
September 01, 2022  |  Consumer Payments

As the digital transformation brings the world closer together, many companies anticipate that both the complexity of regulations and the efforts by governments to enforce...

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B2B Payments Firm Duplo Raises $4.3M in Seed Funding
B2B Payments Firm Duplo Raises $4.3M in Seed Funding
August 31, 2022  |  Investments

Nigerian payments company Duplo has raised $4.3 million in seed funding to launch new products and expand into new business verticals in Nigeria, as reported...

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PYMNTS Intelligence: SMBs Prefer Digital Tools Over In-Branch Banking
PYMNTS Intelligence: SMBs Prefer Digital Tools Over In-Branch Banking
August 19, 2022  |  Banking

The rapid digitization of the banking industry is transforming the types of products and services corporate clients are demanding from their financial institutions (FIs). Though...

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Home Depot’s Digitization Investments Lay Foundation for Brisk B2B Growth
Home Depot’s Digitization Investments Lay Foundation for Brisk B2B Growth
August 16, 2022  |  B2B Payments

Home Depot Pro’s investments to digitize its business customer relationships are paying off. “For the Pro customer, we continue to invest in the ecosystem of...

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Even Digital Businesses Struggle With Paper-Based Vendor Payments
Even Digital Businesses Struggle With Paper-Based Vendor Payments
August 16, 2022  |  B2B Payments

Companies with a long history have many advantages, but being digitally native isn’t among them. CFOs assuming their responsibilities at such companies often face the...

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The Frenzy to Digitize Must Not Eclipse Business Fundamentals, Says PayU CFO
The Frenzy to Digitize Must Not Eclipse Business Fundamentals, Says PayU CFO
August 16, 2022  |  Back-office

While digitization and automation dominate the payments ecosystem, the underlying fundamentals remain the same and must be in place if automation is to realize its...

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A ‘3-Way Ballet’ May Just Be Paperwork Antidote B2Bs Have Been Waiting For
A ‘3-Way Ballet’ May Just Be Paperwork Antidote B2Bs Have Been Waiting For
August 15, 2022  |  B2B Payments

Companies are more aware than ever of the need to remove frictions from their receivables and payables processes, but for businesses that have relied for...

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Today in B2B Payments: Klavi Raises $15M to Develop New B2B Finance Products; Klasha Aims to Scale Its Products for Cross-Border African Commerce
Today in B2B Payments: Klavi Raises $15M to Develop New B2B Finance Products; Klasha Aims...
August 12, 2022  |  B2B Payments

Today in B2B payments, Klavi has raised $15 million in a Series A investment to grow its open finance solution and develop new B2B finance...

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