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

DigniFi CEO: Embedded Finance the Cornerstone of Auto Industry Innovation

DigniFi CEO: Embedded Finance the Cornerstone of Auto Industry Innovation
DigniFi CEO: Embedded Finance the Cornerstone of Auto Industry Innovation
December 22, 2021  |  Payment Methods

The shift to digitization and embedded finance is transforming every industry, and the auto business is no different. The newfound ability to offer financing at...

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Telematics, Software and Fuel Cards Streamline Fleets’ Fuel Tax Compliance
Telematics, Software and Fuel Cards Streamline Fleets’ Fuel Tax Compliance
December 17, 2021  |  Transportation

Anyone who has had to keep track of business travel for mileage reimbursement can understand the challenges faced by interstate commercial carriers. When their commercial...

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KeyBank: Banks Must Master Real-Time Payments to Satisfy Digital-First Consumers
KeyBank: Banks Must Master Real-Time Payments to Satisfy Digital-First Consumers
December 16, 2021  |  Real-Time Payments

The pandemic has changed consumers’ preferences for how they pay vendors and receive disbursements that range from paychecks to insurance payouts. Contactless payments’ growing popularity...

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How US Consumers Define the Super App
How US Consumers Define the Super App
December 13, 2021  |  Connected Economy

Consumers do everything online. They wake up and read their morning papers on their phones or tablets, begin their workdays by hopping on their laptops...

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The Days of Manual Credit Card Reconciliation Processes Are Numbered
The Days of Manual Credit Card Reconciliation Processes Are Numbered
December 07, 2021  |  B2B Payments

“An arduous and labor-intensive affair.” That is how Sam Seaton, CEO of open data platform Moneyhub, describes the financial month-end close process of reconciling credit...

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39% of Firms Use Virtual Cards for B2B Payments
39% of Firms Use Virtual Cards for B2B Payments
December 03, 2021  |  B2B Payments

United States and Canadian firms’ days sales outstanding (DSO) measurements are getting longer, but these businesses have the power to change course. Investing in digital innovations...

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91% of CFOs Say Digital Business Payments Makes Finance Operations More Efficient
91% of CFOs Say Digital Business Payments Makes Finance Operations More Efficient
November 24, 2021  |  CFO

The movement toward payments digitization has had positive ripple effects in B2B, with an overwhelming number of CFOs remarking that accelerating those modernization efforts also...

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Commercial Banking Customers Want Digital Products, Personalized Services That Resemble Consumer Accounts
Commercial Banking Customers Want Digital Products, Personalized Services That Resemble Consumer Accounts
November 24, 2021  |  Banking

Companies are pulling away from the manual processes they have used for decades in favor of less costly, speedier business-to-business (B2B) and consumer-facing tools to...

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