PYMNTS-MonitorEdge-May-2024

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

P&G Leverages Digital to Drive Sales, Internal Productivity
P&G Leverages Digital to Drive Sales, Internal Productivity
July 29, 2022  |  Earnings

Consumer-packaged goods (CPG) companies are now coming up against many challenges beyond their control, from supply chain challenges to skyrocketing inflation. In this difficult environment,...

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For Restaurants, Digital Channels Are Menu Must-Haves
For Restaurants, Digital Channels Are Menu Must-Haves
July 26, 2022  |  Restaurant innovation

The restaurant industry has gradually changed to meet customer expectations for convenient, seamless experiences. Then the pandemic hit, and this gradual shift drastically accelerated. Restaurants...

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Paperwork Is Top Drain on Time, Cause of Errors for AP Pros 
Paperwork Is Top Drain on Time, Cause of Errors for AP Pros 
July 22, 2022  |  B2B Payments

Even businesses that have entirely digitized their consumer-facing operations may still have work to do in transforming their business-to-business (B2B) processes. One of the most...

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Canvas Credit Union On Providing Digital Banking Services For All Generations
Canvas Credit Union On Providing Digital Banking Services For All Generations
July 22, 2022  |  Credit Unions

In the "Credit Union Tracker®," Canvas Credit Union’s Damian Jakubczyk explains how in-branch member service must be maintained while also pivoting to offer personalized digital...

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Why CFOs Demand Transparency for Themselves, Customers, Vendors
Why CFOs Demand Transparency for Themselves, Customers, Vendors
July 21, 2022  |  B2B Payments

Companies that have gotten ahead of the curve in digitizing payments operations have gained a decisive competitive advantage against rivals that have been slower to...

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Hasbro Goes Full ‘G.I. Joe’ in Q2 Earnings as Toymaker Evolves to Fight its own Battles
Hasbro Goes Full ‘G.I. Joe’ in Q2 Earnings as Toymaker Evolves to Fight its own...
July 19, 2022  |  Retail

In many ways, the embattled life journey and ongoing evolution of G.I. Joe is symbolic of Hasbro’s own fight against the forces of evil. Where...

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More Than Half of Restaurants Depend on Digital Sales, Despite Uptick in On-Premises Orders
More Than Half of Restaurants Depend on Digital Sales, Despite Uptick in On-Premises Orders
July 19, 2022  |  Restaurant innovation

Table-service restaurants and quick-service restaurants (QSRs) rushed to implement digital solutions to engage and serve their customers throughout the pandemic’s unprecedented challenges. More than 50%...

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Automated Payments Are Matter of Life or Death for Time-Critical Medical Supplies
Automated Payments Are Matter of Life or Death for Time-Critical Medical Supplies
July 18, 2022  |  Digital Payments

The pandemic is forcing many industries to rethink their business-to-business (B2B) payment processes for smoother and more collaborative relationships with their suppliers. Perhaps no other...

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New Survey Finds 3 in 4 Consumers With Strong Demand for Super Apps
New Survey Finds 3 in 4 Consumers With Strong Demand for Super Apps
July 18, 2022  |  Consumer Finance

Modern life is complex — and consumers want an app for that. Recent research reveals that most consumers in Australia, Germany, the United Kingdom and...

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