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

FinCEN’s Look at Banks’ Customer ID Efforts Points the Way to Increased Digitization

FinCEN’s Look at Banks’ Customer ID Efforts Points the Way to Increased Digitization
FinCEN’s Look at Banks’ Customer ID Efforts Points the Way to Increased Digitization
April 04, 2024  |  Banking

The fraudsters are wilier than ever. The dark web offers all manner of details up for sale, from email addresses to Social Security numbers. Get...

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Bank of America Identifies Four ROI Benchmarks for B2B Payments
Bank of America Identifies Four ROI Benchmarks for B2B Payments
April 02, 2024  |  B2B Payments

Payments innovations that scale broadly in the B2C space aren’t always as widely adopted in the B2B space due to limited applicability. Get the Full...

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J.P. Morgan Payments and Expedia: Platform Ecosystems Demand Treasurers Become Risk Management Professionals
J.P. Morgan Payments and Expedia: Platform Ecosystems Demand Treasurers Become Risk Management Professionals
March 25, 2024  |  Travel Payments

Jim Scurlock, senior director and assistant treasurer at Expedia, and Larson McNeil, co-head of marketplaces and digital ecosystems at J.P. Morgan Payments, told Karen Webster...

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Instacart Focuses on Connected Stores as It Cuts 7% of Workforce
Instacart Focuses on Connected Stores as It Cuts 7% of Workforce
February 13, 2024  |  Earnings

Even as Instacart is undergoing major layoffs to cut costs, the company continues to invest in fully digitizing the physical store to boost omnichannel efficiency....

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Toward 2030: How Ecosystem Offerings Will Transform Trade Finance’s Future
Toward 2030: How Ecosystem Offerings Will Transform Trade Finance’s Future
January 25, 2024  |  B2B Payments

Across the typically staid area of trade finance, despite the importance of trade finance products and services to global trade growth and economic development, decades...

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How PayFacs Use Payments to Reshape the Digital Economy
How PayFacs Use Payments to Reshape the Digital Economy
January 23, 2024  |  Digital Payments

Payment facilitators, or PayFacs, quietly lead a revolution at the heart of the digital economy. At the center of this shakeup lies embedded finance, encompassing...

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Construex Raises $4.6 Million to Digitize Latin American Construction Industry
Construex Raises $4.6 Million to Digitize Latin American Construction Industry
November 27, 2023  |  Investments

Construex, an Ecuador-based software-as-a-service marketplace, has raised $4.6 million in seed funding to accelerate its mission of digitizing the construction industry in Latin America. Get...

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Moving B2B Payments’ Last Mile Into the Express Lane
Moving B2B Payments’ Last Mile Into the Express Lane
October 25, 2023  |  B2B Payments

The “last mile” holds the key to a frictionless B2B payments future. Get the Full Story Complete the form to unlock this article and enjoy...

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