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

NEW DATA: Increasing Number of Credit Union Members Drawn to More Innovative Banking Alternatives

NEW DATA: Increasing Number of Credit Union Members Drawn to More Innovative Banking Alternatives
NEW DATA: Increasing Number of Credit Union Members Drawn to More Innovative Banking Alternatives
July 12, 2022  |  Credit Unions

Credit unions (CUs) and financial institutions (FIs) are making more of an effort to understand how innovative technologies like cryptocurrency, blockchain and peer-to-peer (P2P) payments...

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New Data Shows Convenience Drove Smart Home Upgrades for 83M Consumers in 2022
New Data Shows Convenience Drove Smart Home Upgrades for 83M Consumers in 2022
July 08, 2022  |  Connected Economy

An entire world of shops, payment methods and fulfillment options has made itself just a click away — but how has that newfound around-the-clock access...

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Voices of the CFO: Finance Leaders Flex With Strategic Demands
Voices of the CFO: Finance Leaders Flex With Strategic Demands
June 29, 2022  |  CFO

“Chief collaborator.” “Resource.” “Service Provider.” Just some of the many ways chief financial officers (CFOs) describe their roles within their organizations. When interviewed for the...

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PYMNTS Intelligence: Restaurants Must Lean Into Digital Loyalty Programs
PYMNTS Intelligence: Restaurants Must Lean Into Digital Loyalty Programs
June 29, 2022  |  ResTech

The pandemic has forced retail businesses of all types, including restaurants, to quickly adapt to a new normal defined by digital-first consumers who spend more...

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PYMNTS Intelligence: How CUs Are Implementing Contactless Payments and Mobile Wallets
PYMNTS Intelligence: How CUs Are Implementing Contactless Payments and Mobile Wallets
June 29, 2022  |  Credit Unions

The financial services industry has changed radically over the last 10 years as financial institutions (FIs) of all types have had to expand their product...

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Capital Tacos on the Benefits of a Modern Technology Stack for Loyalty Programs
Capital Tacos on the Benefits of a Modern Technology Stack for Loyalty Programs
June 28, 2022  |  ResTech

Restaurants want to digitize their rewards programs to increase customer engagement and strengthen loyalty, but the required technology infrastructure presents challenges. In the latest "Order...

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BECU on Meeting Member Demand for Frictionless Features and Experiences
BECU on Meeting Member Demand for Frictionless Features and Experiences
June 28, 2022  |  Credit Unions

Credit unions’ mission-driven, customer-centric reputations were once enough to ensure survival, but members have spoken: Without access to cutting-edge payment options and other digital conveniences,...

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How 70% of Restaurants Manage Diner Loyalty and Rewards
How 70% of Restaurants Manage Diner Loyalty and Rewards
June 27, 2022  |  ResTech

Digital channels have provided restaurants — and consumers seeking low-touch access to food services — a means of survival since the pandemic began. Digitization has...

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