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

Mortgage Lending Gets Its Digital, Real Time Payouts Makeover

Mortgage Lending Gets Its Digital, Real Time Payouts Makeover
Mortgage Lending Gets Its Digital, Real Time Payouts Makeover
January 20, 2022  |  Consumer Payments

Nowhere is the digitization of disbursements more important than payroll. Businesses can also reap benefits in terms of efficiency and reliability with digital, cloud-based payroll...

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Novae: 2021 Was the Year of Disruption
Novae: 2021 Was the Year of Disruption
January 18, 2022  |  Opinion

The COVID pandemic disrupted all of our lives, forcing us to find new ways to work, play and shop. Digitally mature companies proved up to...

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Report: One-Quarter of US Consumers Went Online for Healthcare Services in December as Omicron Surged
Report: One-Quarter of US Consumers Went Online for Healthcare Services in December as Omicron Surged
January 17, 2022  |  Connected Economy

The rise of the omicron variant just might have been the start of a new spike in online activity — and not just when it...

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Report: What Smaller Businesses Can Learn From Enterprise CFOs About Digital Payments
Report: What Smaller Businesses Can Learn From Enterprise CFOs About Digital Payments
January 14, 2022  |  Digital Payments

During the two years of disruption prompted by the pandemic, businesses of all sizes looked at the economic landscape and considered how they should respond...

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61% of CFOs Say the Pandemic Helped Their Firms Digitize Internal Processes
61% of CFOs Say the Pandemic Helped Their Firms Digitize Internal Processes
January 12, 2022  |  B2B Payments

Most companies are digitizing their accounts receivable (AR) and accounts payable (AP) systems if they have not already done so, PYMNTS research finds. The reason...

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US Banks Say Instant Payments Need ISO 20022 Standard to Scale
US Banks Say Instant Payments Need ISO 20022 Standard to Scale
January 11, 2022  |  Disbursements

The pandemic has pushed payors and businesses across various industries to accelerate their digital transformation efforts, especially as a rising number of consumers expect faster...

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Report: CFOs See Digital AR/AP as Best Way to Boost Efficiency and Transparency
Report: CFOs See Digital AR/AP as Best Way to Boost Efficiency and Transparency
January 05, 2022  |  CFO

The COVID-19 pandemic disrupted normal operations for many businesses and led to cash squeezes as consumers delayed making payments. As painful as this experience was,...

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Mastercard: 2021 Was the Year of Evolution
Mastercard: 2021 Was the Year of Evolution
January 04, 2022  |  Digital Payments

Businesses and consumers alike built on their digital payments momentum in 2021, Ron Shultz, Mastercard executive vice president, New Payment Flows, North America found, accelerating...

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