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

Digital Platforms Reduce Costs and Risk of Business Payments

Digital Platforms Reduce Costs and Risk of Business Payments
Digital Platforms Reduce Costs and Risk of Business Payments
April 11, 2023  |  B2B Payments

It’s a new go-to-market landscape with a new set of rules for B2B players. Modern B2B marketplace platforms are helping reshape how organizations of all...

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PYMNTS Intelligence: Benefits Abound for Merchants Undertaking Payments Modernization
PYMNTS Intelligence: Benefits Abound for Merchants Undertaking Payments Modernization
April 11, 2023  |  Payments Innovation

As physical locations closed or access to them became otherwise restricted during the pandemic, companies had to pivot to digital channels to survive. Even stores...

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Lloyds and Enigio Team on Trade Finance Blockchain
Lloyds and Enigio Team on Trade Finance Blockchain
April 04, 2023  |  Partnerships

British banking giant Lloyds has formed a trade digitization partnership with Enigio. The collaboration, announced by document digitization firm Enigio Wednesday (April 4), is designed...

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Most Manufacturers and Retailers Say Digitizing Procurement Will Modernize Global Supply Chains
Most Manufacturers and Retailers Say Digitizing Procurement Will Modernize Global Supply Chains
March 15, 2023  |  Supply Chain

The old saying holds true: Chains are only as strong as their weakest links. And that’s especially true of supply chains, where disruptions during the...

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Kickfin CEO Says Digital Tipping and Instant Payouts Help Restaurants Fight Economic Headwinds
Kickfin CEO Says Digital Tipping and Instant Payouts Help Restaurants Fight Economic Headwinds
March 08, 2023  |  ResTech

The restaurant industry has had a rough go of it since COVID-19 hit. Due to pandemic-driven restrictions on in-person dining and related health concerns, restaurants...

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PYMNTS Intelligence: Streamlining Checkout Offers a Competitive Edge
PYMNTS Intelligence: Streamlining Checkout Offers a Competitive Edge
March 07, 2023  |  BNPL

The checkout is an influential part of the shopping experience, with 73% of consumers saying they will move their business elsewhere when a brand does not deliver...

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Boost CEO Says Standardization Key to Digital B2B Payments Growth
Boost CEO Says Standardization Key to Digital B2B Payments Growth
February 10, 2023  |  Opinion

B2B payments will see significant adoption and standardization of digital, integrated solutions in 2023, Boost Payment Solutions CEO Dean M. Leavitt writes in the new...

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PYMNTS Intelligence: Why Money Mobility in the Insurance Industry Is More Important Than Ever
PYMNTS Intelligence: Why Money Mobility in the Insurance Industry Is More Important Than Ever
January 27, 2023  |  Money Mobility

In a climate of economic uncertainty and consumer dissatisfaction, it is crucial that insurance companies understand what customers are looking for from their insurance providers....

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