Digitalization news and trends

Consumers Have Ditched Cash and Paper Checks – Why Haven’t CFOs?
Commercial Payments // July 14, 2023

In today’s hostile macroclimate, every competitive edge counts for businesses looking to navigate ongoing headwinds.  One area that is receiving increasing attention is commercial payments, which have historically been riddled with frictions and mismatches when it comes to how firms pay and get paid. “There’s...

Can Migrating to Digital Solve Ongoing Order-to-Cash Migraines?
CFO // June 27, 2023

Manual migraines are hamstringing the order-to-cash and source-to-pay continuum.  And the legacy headaches couldn’t have picked a worse time to stick around, what with today’s ongoing macro challenges making speed to cash and access to working capital more important than ever.   Still, order to cash...

JPMorgan Co-Heads Call for Treasurers to Challenge the Status Quo
CFO // June 27, 2023

Time is money — and an enterprise’s treasurer needs to keep a steady hand on both. That’s why PYMNTS CEO Karen Webster sat down with Catherine Simpson and Krista Sharp, co-heads of Treasury Services for Middle Market Banking and Specialized Industries at JPMorgan Chase, to get their insights into how...

Payments Digitalization Allows Businesses to Tap Spending Insights and Improve ROI
B2B Payments // May 02, 2023

PYMNTS asked business leaders for their take on how to plan for the rest of 2023, and what they are telling their teams to focus on. Matt Clark, president and COO of Corcentric, says to succeed in an uncertain economy, businesses need to focus on...

Interviews & Exclusives
Consumers Have Ditched Cash and Paper Checks – Why Haven’t CFOs?

July 14, 2023
In today’s hostile macroclimate, every competitive edge counts for businesses looking to navigate ongoing headwinds.  One area that is receiving increasing attention is commercial payments, which have historically been riddled with frictions and mismatches when it comes to how firms pay and get paid. “There’s still an awful lot of cash and paper checks being […]

Can Migrating to Digital Solve Ongoing Order-to-Cash Migraines?

June 27, 2023
Manual migraines are hamstringing the order-to-cash and source-to-pay continuum.  And the legacy headaches couldn’t have picked a worse time to stick around, what with today’s ongoing macro challenges making speed...

Payments Digitalization Allows Businesses to Tap Spending Insights and Improve ROI

May 02, 2023
PYMNTS asked business leaders for their take on how to plan for the rest of 2023, and what they are telling their teams to focus on. Matt Clark, president and...

Healthcare Industry Could Be Generative AI’s Biggest Proving Ground 

April 10, 2023
Nowhere are innovative breakthroughs more impactful and life-changing than in healthcare and medicine. At the same time as certain technology leaders are calling for a pause on the development of artificial intelligence...

Quick Reads
Basel Committee Warns Against Banking Digitalization Risks

May 16, 2024
A global financial watchdog is warning against the risks of digitalization in the financial world. The Bank for International Settlements’ Basel Committee on Banking Supervision issued a report Thursday (May 16) that examines implications of the digitalization of finance, weighing both the risks and rewards presented by new technologies. “While digitalization can benefit both banks and their customers, it can […]

ePayPolicy Debuts Payables Reconciliation Automation Tool for Insurance Industry

April 05, 2023
ePayPolicy has added a payables reconciliation automation tool to its insurance payment and reconciliation products suite. The new Payables Connect leverages the company’s existing integrations and machine learning (ML) technology to automate...

XQuant Looks to Expand Data Automation Solutions in S. Korea 

December 28, 2022
XQuant is now marketing its data automation solutions with leading companies in South Korea.  In a Wednesday (Dec. 28) press release, the firm said that it is now collaborating with NICE...

Germany’s Central Bank Says Tech Presents Hurdles, Opportunities

May 21, 2019
Bundesbank, Germany’s central bank, said increased use of financial technology in the country could present regulators with their biggest hurdle since the financial crisis, according to a report by Bloomberg....