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

Clearview Federal Credit Union on Maintaining Personalization in the Age of Digital Banking

Clearview Federal Credit Union on Maintaining Personalization in the Age of Digital Banking
Clearview Federal Credit Union on Maintaining Personalization in the Age of Digital Banking
January 25, 2022  |  Credit Unions

Credit unions are getting their FinTech mojo by using data to personalize the member experience. Clearview Federal Credit Union’s Bill Snider explains how member data...

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PYMNTS Intelligence: How Virtual Cards Are Reinventing How Businesses Pay Their Vendors
PYMNTS Intelligence: How Virtual Cards Are Reinventing How Businesses Pay Their Vendors
January 25, 2022  |  B2B Payments

The pandemic has thrust virtual channels into the spotlight as consumers all over the world have migrated online during shutdowns and operational restrictions. This digital...

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The Universal Advantages of Digitization
The Universal Advantages of Digitization
January 24, 2022  |  CFO

Talk to companies of all sizes about digitizing their payments processes, and they’re likely to tell you they benefited from the experience. As PYMNTS research...

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Usend: 2021 Was the Year of Value
Usend: 2021 Was the Year of Value
January 24, 2022  |  Opinion

As companies emerge from survival mode, they’re casting a critical eye on the landscape around them, says Ran Grushkowsky, chief operating officer and chief technology...

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Half of US, Canadian Firms Say Data Management, Compliance Costs Blunt Innovation
Half of US, Canadian Firms Say Data Management, Compliance Costs Blunt Innovation
January 24, 2022  |  Payments Innovation

Launching new products and services is key to staying competitive, but it is not always easy. Nearly half of all United States and Canadian businesses...

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59% of CFOs are Focused on Payments Digitization
59% of CFOs are Focused on Payments Digitization
January 21, 2022  |  CFO

Chief financial officers perceive accounts receivable (AR) and accounts payable (AP) as the factor most important to creating a healthy balance sheet, according to Business...

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Better Mortgage on Digitizing the Mortgage Loan Process to Speed Disbursements
Better Mortgage on Digitizing the Mortgage Loan Process to Speed Disbursements
January 21, 2022  |  Consumer Payments

Real-time home loan disbursements are of little use if the estimate and approval processes surrounding them are still stuck in manual. In the Expanding Payments...

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PSCU: 2021 Was the Year of Acceleration
PSCU: 2021 Was the Year of Acceleration
January 20, 2022  |  Opinion

2021 saw financial institutions embrace two key trends — personalization and digitization — at an increasingly rapid clip, says Chuck Fagan, president and CEO of...

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