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

Toward 2030: How Ecosystem Offerings Will Transform Trade Finance’s Future
Toward 2030: How Ecosystem Offerings Will Transform Trade Finance’s Future
January 25, 2024  |  B2B Payments

Across the typically staid area of trade finance, despite the importance of trade finance products and services to global trade growth and economic development, decades...

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How PayFacs Use Payments to Reshape the Digital Economy
How PayFacs Use Payments to Reshape the Digital Economy
January 23, 2024  |  Digital Payments

Payment facilitators, or PayFacs, quietly lead a revolution at the heart of the digital economy. At the center of this shakeup lies embedded finance, encompassing...

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Construex Raises $4.6 Million to Digitize Latin American Construction Industry
Construex Raises $4.6 Million to Digitize Latin American Construction Industry
November 27, 2023  |  Investments

Construex, an Ecuador-based software-as-a-service marketplace, has raised $4.6 million in seed funding to accelerate its mission of digitizing the construction industry in Latin America. “This...

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Moving B2B Payments’ Last Mile Into the Express Lane
Moving B2B Payments’ Last Mile Into the Express Lane
October 25, 2023  |  B2B Payments

The “last mile” holds the key to a frictionless B2B payments future. Over the last decade, the impact of digital capabilities and innovative new ecosystems...

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CFOs Must Be Nimble but Grounded in Fundamentals, Cleo Exec Says
CFOs Must Be Nimble but Grounded in Fundamentals, Cleo Exec Says
October 24, 2023  |  CFO

The contemporary business landscape moves fast, which means finance teams need to move faster. “The level of change that is now part of our day-to-day...

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Plaid Hires Former Expedia CFO Eric Hart Before IPO
Plaid Hires Former Expedia CFO Eric Hart Before IPO
October 18, 2023  |  Personnel

FinTech Plaid has appointed its first chief financial officer (CFO), a step toward a potential initial public offering (IPO). Eric Hart, the former CFO of Expedia,...

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Finastra and Microsoft Team on Trade Finance
Finastra and Microsoft Team on Trade Finance
September 20, 2023  |  Partnerships

Financial software firm Finastra has launched a trade finance partnership with Microsoft. The collaboration, announced Wednesday (Sept. 20), combines Finastra’s Trade Innovation offering with a “full microservices architecture” using Microsoft...

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Modernizing the Core: How Working Capital Innovations Overcome Legacy Challenges
Modernizing the Core: How Working Capital Innovations Overcome Legacy Challenges
September 15, 2023  |  B2B Payments

Digital dynamics are reinventing the way businesses around the world operate. But in order to capture the efficiencies modern workflow solutions provide, firms often need...

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The Legacy-Makers: How Mission-Focused CFOs Build Generational Companies
The Legacy-Makers: How Mission-Focused CFOs Build Generational Companies
September 08, 2023  |  CFO

More has changed for chief financial officers (CFOs) over the past five years than in the past 50. “We’ve experienced things that we had not...

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