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

TRENDING: Digital Driver’s Licenses Put ‘Getting Carded’ On Notice

TRENDING: Digital Driver’s Licenses Put ‘Getting Carded’ On Notice
TRENDING: Digital Driver’s Licenses Put ‘Getting Carded’ On Notice
September 26, 2018  |  Cybersecurity

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
Trimble’s TruckMate Kicks Accounts Receivable Into High Gear
Trimble’s TruckMate Kicks Accounts Receivable Into High Gear
September 20, 2018  |  B2B Payments

Regulations are driving the trucking and logistics industry to adopt cutting-edge technologies. Requirements around the recording of digital data — for instance, newer rules on Hours...

READ MORE >
Compliance — Not ROI — Pushes Tech On Unprepared Fleets
Compliance — Not ROI — Pushes Tech On Unprepared Fleets
September 17, 2018  |  B2B Payments

Fleet management has vast opportunities in digitization. Innovations like the Internet of Things (IoT), telematics and mobile payments are primed to disrupt the fleet space,...

READ MORE >
Spend Analytics No Longer Enough For Procurement: Accrualify
Spend Analytics No Longer Enough For Procurement: Accrualify
September 14, 2018  |  B2B Payments

Spend analytics has broken through as an essential part of corporate procurement strategies. Businesses need to know how much money they’ve spent, and on what....

READ MORE >
SMBs Eye Talent Shortage In Data Goals: Deloitte
SMBs Eye Talent Shortage In Data Goals: Deloitte
September 12, 2018  |  SMBs

Small businesses are no stranger to digitization, with a recent report from Deloitte highlighting the focus on IT investment for the small- and medium-sized business....

READ MORE >
Commercial Cards, Mobile A Heavenly Match: UMB
Commercial Cards, Mobile A Heavenly Match: UMB
September 10, 2018  |  B2B Payments

Financial service providers looking to enhance B2B payments offerings must turn their attention to the user experience. Digital payments, faster transaction times, streamlined reconciliation, and...

READ MORE >
UMB Spotlights The Supplier Payment User Experience
UMB Spotlights The Supplier Payment User Experience
September 10, 2018  |  B2B Payments

Banks continue to make moves in an effort to get their corporate clients off paper. Recent innovations in ACH payments has the payment rail as...

READ MORE >
Chocolate Gets A Digital Upgrade
Chocolate Gets A Digital Upgrade
September 05, 2018  |  Retail

There’s an old joke that a Hershey’s executive uses to illustrate the problem his company – like other consumer packaged goods firms – is suffering...

READ MORE >