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

400 CFOs Discover Added Perk After Boosting Customer-Vendor Digital Relationships

400 CFOs Discover Added Perk After Boosting Customer-Vendor Digital Relationships
400 CFOs Discover Added Perk After Boosting Customer-Vendor Digital Relationships
June 22, 2022  |  B2B Payments

Chief financial officers (CFOs) expect their businesses to realize several benefits from digitizing payments — among them are faster communication and better collaboration with both...

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Without Digital Payments, Auto Parts Platforms Would Grind to a Halt
Without Digital Payments, Auto Parts Platforms Would Grind to a Halt
June 21, 2022  |  B2B Payments

Like many industries, auto parts retailing is seeing a digital transformation driven by sellers’ need for efficiency and buyers’ need for streamlined purchasing and regular...

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PYMNTS Intelligence: How Digital Ordering Demands Are Changing the Face of the Restaurant Industry
PYMNTS Intelligence: How Digital Ordering Demands Are Changing the Face of the Restaurant Industry
June 15, 2022  |  ResTech

It is no secret that accelerated digital transformation in the pandemic’s wake has changed consumer preferences. As people have become more accustomed to interacting with...

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Billers Reap Unexpected Timely Perk From Digital Payments
Billers Reap Unexpected Timely Perk From Digital Payments
June 14, 2022  |  Digital Payments

Inflation is making the cost of everything more expensive, even putting the proverbial check in the mail to get the bills paid in the first...

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PYMNTS Intelligence: Digital Demands: What Corporate Banking Clients Want
PYMNTS Intelligence: Digital Demands: What Corporate Banking Clients Want
June 07, 2022  |  Banking

Corporate banking clients want more from their financial institutions (FIs) than ever in terms of advanced digital tools and support. Small- to medium-sized businesses (SMBs)...

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Corp Clients Look to Banks for Digital Boost
Corp Clients Look to Banks for Digital Boost
June 03, 2022  |  Banking

Businesses across all industries have focused more on digital innovation since the start of the pandemic. A recent PYMNTS survey found that over 70% of...

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Cross-Border Payments in Focus as Supply Chains Rebound From Pandemic
Cross-Border Payments in Focus as Supply Chains Rebound From Pandemic
May 31, 2022  |  Supply Chain

The signs are there that the supply chain snarls are unsnarling, just a bit. But of course, things can change on a dime. In the...

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19M More Consumers Went Online to Bank, Buy and Pay Bills in May 2022
19M More Consumers Went Online to Bank, Buy and Pay Bills in May 2022
May 30, 2022  |  Connected Economy

Some news outlets would have us believe that consumers are over the pandemic and partying like it’s 2019 — except they are not. Mask mandates...

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