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

Digital B2B Payment Solutions Provide Flexibility for Buyers and Sellers
Digital B2B Payment Solutions Provide Flexibility for Buyers and Sellers
July 14, 2022  |  Opinion

Dean M. Leavitt, CEO and founder of Boost Payment Solutions, writes in the PYMNTS eBook “Baseline 2022: What the Next Six Months Holds” that three themes...

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More Consumers Grow Weary of the Unbundled Bank
More Consumers Grow Weary of the Unbundled Bank
July 13, 2022  |  Banking

American consumers have embraced financial services’ ongoing digital transformation and the multiple payment options at their disposal. Because it has become so easy for consumers...

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Study Shows Restaurants See Metaverse as New Loyalty Play
Study Shows Restaurants See Metaverse as New Loyalty Play
July 13, 2022  |  Loyalty & Rewards

Technology has become woven into the fabric of our daily lives so quickly that many common verbs have picked up entirely new meanings. While shopping...

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NEW DATA: Increasing Number of Credit Union Members Drawn to More Innovative Banking Alternatives
NEW DATA: Increasing Number of Credit Union Members Drawn to More Innovative Banking Alternatives
July 12, 2022  |  Credit Unions

Credit unions (CUs) and financial institutions (FIs) are making more of an effort to understand how innovative technologies like cryptocurrency, blockchain and peer-to-peer (P2P) payments...

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New Data Shows Convenience Drove Smart Home Upgrades for 83M Consumers in 2022
New Data Shows Convenience Drove Smart Home Upgrades for 83M Consumers in 2022
July 08, 2022  |  Connected Economy

An entire world of shops, payment methods and fulfillment options has made itself just a click away — but how has that newfound around-the-clock access...

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Voices of the CFO: Finance Leaders Flex With Strategic Demands
Voices of the CFO: Finance Leaders Flex With Strategic Demands
June 29, 2022  |  CFO

“Chief collaborator.” “Resource.” “Service Provider.” Just some of the many ways chief financial officers (CFOs) describe their roles within their organizations. When interviewed for the...

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PYMNTS Intelligence: Restaurants Must Lean Into Digital Loyalty Programs
PYMNTS Intelligence: Restaurants Must Lean Into Digital Loyalty Programs
June 29, 2022  |  Restaurant innovation

The pandemic has forced retail businesses of all types, including restaurants, to quickly adapt to a new normal defined by digital-first consumers who spend more...

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PYMNTS Intelligence: How CUs Are Implementing Contactless Payments and Mobile Wallets
PYMNTS Intelligence: How CUs Are Implementing Contactless Payments and Mobile Wallets
June 29, 2022  |  Credit Unions

The financial services industry has changed radically over the last 10 years as financial institutions (FIs) of all types have had to expand their product...

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Capital Tacos on the Benefits of a Modern Technology Stack for Loyalty Programs
Capital Tacos on the Benefits of a Modern Technology Stack for Loyalty Programs
June 28, 2022  |  Restaurant innovation

Restaurants want to digitize their rewards programs to increase customer engagement and strengthen loyalty, but the required technology infrastructure presents challenges. In the latest "Order...

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