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

This Week in B2B: New Year, New Back-Office Innovations
This Week in B2B: New Year, New Back-Office Innovations
December 19, 2024  |  B2B Payments

The B2B payments landscape is at a pivotal juncture as 2025 approaches. On one hand, the imperative to digitize and integrate payment processes has never...

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4 Things B2B CPOs Should Know About Shrinking Paper Payments
4 Things B2B CPOs Should Know About Shrinking Paper Payments
September 18, 2024  |  B2B Payments

The business-to-business (B2B) landscape is undergoing an explosion of innovation — especially around payments. Wednesday (Sept. 18) alone, news broke that Brex launched an embedded B2B...

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Rise In Huge Settlements Helps Insurance Industry Ditch Paper for Digital
Rise In Huge Settlements Helps Insurance Industry Ditch Paper for Digital
September 11, 2024  |  Insurance

Where there’s smoke, there’s usually fire. And across the business landscape, where there’s paper, there tends to be countless inefficiencies, higher costs — and even...

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Amex Small Business Exec Sees Embedded Payments Helping Cash Flow Management
Amex Small Business Exec Sees Embedded Payments Helping Cash Flow Management
August 15, 2024  |  B2B Payments

There’s a difference between managing your business’s cash flow, and having it manage you. That difference is something small to medium-sized businesses (SMBs) know well,...

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Chief Architecture Officer? CFOs Learn to Design Business Growth
Chief Architecture Officer? CFOs Learn to Design Business Growth
June 10, 2024  |  CFO

Today’s chief financial officers have evolved from back-office accountants to financial architects. And, given the dynamism of today’s business landscape, the transformation of the finance...

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What Businesses Tackling Technical Debt Can Learn From the IRS
What Businesses Tackling Technical Debt Can Learn From the IRS
May 07, 2024  |  Technology

Where a business spends its money typically defines its strategy. And with the news last Thursday (May 2) that the Internal Revenue Service (IRS) is...

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FinCEN’s Look at Banks’ Customer ID Efforts Points the Way to Increased Digitization
FinCEN’s Look at Banks’ Customer ID Efforts Points the Way to Increased Digitization
April 04, 2024  |  Banking

The fraudsters are wilier than ever. The dark web offers all manner of details up for sale, from email addresses to Social Security numbers. And...

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Bank of America Identifies Four ROI Benchmarks for B2B Payments
Bank of America Identifies Four ROI Benchmarks for B2B Payments
April 02, 2024  |  B2B Payments

Payments innovations that scale broadly in the B2C space aren’t always as widely adopted in the B2B space due to limited applicability. The principles of...

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J.P. Morgan Payments and Expedia: Platform Ecosystems Demand Treasurers Become Risk Management Professionals
J.P. Morgan Payments and Expedia: Platform Ecosystems Demand Treasurers Become Risk Management Professionals
March 25, 2024  |  Travel Payments

Jim Scurlock, senior director and assistant treasurer at Expedia, and Larson McNeil, co-head of marketplaces and digital ecosystems at J.P. Morgan Payments, told Karen Webster...

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