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

Is Digital The Best Defense Against Trade Finance Fraud?

Is Digital The Best Defense Against Trade Finance Fraud?
Is Digital The Best Defense Against Trade Finance Fraud?
May 10, 2019  |  B2B Payments

There are trillions of dollars at stake when it comes to trade finance fraud, and a senior OCBC Bank MD urges firms to go digital...

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Mastercard: Transactis Buy Speeds Bill Pay’s Digitization
Mastercard: Transactis Buy Speeds Bill Pay’s Digitization
May 06, 2019  |  Mastercard

Forty-four percent of the 15 billion bills in the U.S. are paid with cash or check — archaic methods in a mobile world. Mastercard is...

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Is Real-Time Payments A Threat To Credit Cards?
Is Real-Time Payments A Threat To Credit Cards?
May 06, 2019  |  Real-Time Payments

Faster, faster, faster — that’s the motto driving so much of payments innovation today. Real-time payments offers promise for both small and medium-sized businesses (SMBs)...

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EU Corporate Banking Tech Lags Behind US: Report
EU Corporate Banking Tech Lags Behind US: Report
May 03, 2019  |  B2B Payments

European corporate banks are lagging behind their U.S. peers in terms of technology, a new report from Greenwich Associates found. Get the Full Story Complete...

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How To Motivate FinServ To Take Action On Cybersecurity
How To Motivate FinServ To Take Action On Cybersecurity
April 29, 2019  |  B2B Payments

To those who understand the importance of cybersecurity, and the monumental risks that growing cyberthreats impose on organizations, safeguarding systems and data may be assumed...

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Hospital ERPs Find Promise In The Cloud
Hospital ERPs Find Promise In The Cloud
April 25, 2019  |  B2B Payments

Cloud technology is relatively old, considering the pace of innovation in the back office. However, that doesn’t mean every business has taken this seemingly basic...

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Procure-To-Pay’s Tax Conundrum
Procure-To-Pay’s Tax Conundrum
April 10, 2019  |  B2B Payments

Corporates’ biggest procure-to-pay challenges often center around the friction of streamlining data flows and the movement of money, from sourcing and purchase order submission to...

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The Search For Relief From Banks’ ‘Suffocating’ Legacy Infrastructure
The Search For Relief From Banks’ ‘Suffocating’ Legacy Infrastructure
March 28, 2019  |  B2B Payments

FinTech competition quickly ended banks’ practice of turning a blind eye to a lack of digital offerings. With more options than ever, customers demand better...

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