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

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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Finance Leaders Invest in Modernization, Take Aim at ‘Technical Debt’
Finance Leaders Invest in Modernization, Take Aim at ‘Technical Debt’
January 26, 2023  |  B2B Payments

The B2B payment landscape is in the midst of a pivotal migration toward modern solutions. This, as decades-old legacy platforms and historically siloed finance office...

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Interest Rate Hikes Drive Small Businesses to Find Better Cash Flow Alternatives
Interest Rate Hikes Drive Small Businesses to Find Better Cash Flow Alternatives
January 10, 2023  |  SMBs

SMBs are already dealing with inflation but now must bear the brunt of higher interest rate hikes too. It’s an economic one-two punch that forces legions of...

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Veem and Finastra Team to Deliver AP and AR Services
Veem and Finastra Team to Deliver AP and AR Services
December 08, 2022  |  B2B Payments

Veem and Finastra have partnered to help banks offer innovative payment services. The partnership creates a native integration that allows Veem’s accounts payable (AP) and...

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Digitization of Rail Transport Enables Seamless Journeys for Europe’s Passengers
Digitization of Rail Transport Enables Seamless Journeys for Europe’s Passengers
November 15, 2022  |  Payments Innovation

Just like consumers now expect to be able to book a single journey with multiple airlines in one transaction, rail booking platforms like Trainline and...

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PYMNTS Intelligence: New Technology Becomes Table Stakes as the Restaurant Industry Evolves
PYMNTS Intelligence: New Technology Becomes Table Stakes as the Restaurant Industry Evolves
November 14, 2022  |  ResTech

The industry continues its rapid recovery after a swift tumble during the first years of the pandemic, as expressed by several different metrics. The food service industry is...

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Meeting QSR Customers’ Ordering Preferences
Meeting QSR Customers’ Ordering Preferences
November 11, 2022  |  ResTech

Thousands of restaurants adopted mobile ordering during the pandemic, and now must go above and beyond to stand out from the competition. In this month’s...

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