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)

Digitization Has Yet To Prove Its Worth For Banks’ Trade Finance Operations
Digitization Has Yet To Prove Its Worth For Banks’ Trade Finance Operations
June 12, 2018  |  B2B Payments

The International Chamber of Commerce (ICC) published its 2018 global trade report this week and, according to the research, global financial institutions (FIs) still have...

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Nanopay: Growth Means Building Beyond The Niche
Nanopay: Growth Means Building Beyond The Niche
May 30, 2018  |  Startup Check-In

There are three things on the mind of nanopay‘s CEO Laurence Cooke: Emerging markets, cross-border business-to-business (B2B) transactions, and capital markets and treasury. Cooke said that,...

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Mambu’s Marketplace For Bank Apps Goes Live
Mambu’s Marketplace For Bank Apps Goes Live
April 05, 2018  |  B2B Payments

Software-as-a-Service firm Mambu, based in Germany, has launched its online marketplace for banks to access an array of apps, the company announced today (Thursday, April...

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Around The World With Payment Methods
Around The World With Payment Methods
April 02, 2018  |  Today In Data

It’s a big world out there, but it’s also a world that technology and digitization are gradually making smaller by connecting people separated geographically, making...

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The Dangers Of Leaping Before Looking In Digital Transformations
The Dangers Of Leaping Before Looking In Digital Transformations
March 29, 2018  |  B2B Payments

Enterprises must embrace technology to remain competitive and efficient, yet research suggests they’re struggling. Data from the Association for Financial Professionals (AFP) in its AFP...

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The Finance Department Knows It’s Slacking In Digital Transformation
The Finance Department Knows It’s Slacking In Digital Transformation
November 01, 2017  |  B2B Payments

Small businesses (SMBs) are increasingly satisfied with their traditional financial service providers, though banks are pushing to heighten their innovation strategies and provide SMBs with...

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Local Retailers, Surviving or Dying in Retail’s Evolution?
Local Retailers, Surviving or Dying in Retail’s Evolution?
August 10, 2017  |  Retail

At the basic level of retail industry chatter online, much of the focus is on the battle between brick-and-mortar versus eCommerce. While the closing of...

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Banks Still Forcing SMBs To Go To Physical Branches, Says Avoka
Banks Still Forcing SMBs To Go To Physical Branches, Says Avoka
August 10, 2017  |  B2B Payments

Banks appear to be finally waking up to the need to innovate. Between the growing number of blockchain consortia, in which banks explore the use...

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Study Unveils US Manufacturer Digitization Progress Report
Study Unveils US Manufacturer Digitization Progress Report
June 06, 2017  |  Retail

Adjusting technologies to today’s standards is a common issue for many industries. As one of the largest and perhaps most impacted areas, manufacturing has wrestled...

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