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

The Finance Department Knows It’s Slacking In Digital Transformation
The Finance Department Knows It’s Slacking In Digital Transformation
November 01, 2017  |  B2B Payments

Small businesses (SMBs) are increasingly satisfied with their traditional financial service providers, though banks are pushing to heighten their innovation strategies and provide SMBs with...

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Local Retailers, Surviving or Dying in Retail’s Evolution?
Local Retailers, Surviving or Dying in Retail’s Evolution?
August 10, 2017  |  Retail

At the basic level of retail industry chatter online, much of the focus is on the battle between brick-and-mortar versus eCommerce. While the closing of...

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Banks Still Forcing SMBs To Go To Physical Branches, Says Avoka
Banks Still Forcing SMBs To Go To Physical Branches, Says Avoka
August 10, 2017  |  B2B Payments

Banks appear to be finally waking up to the need to innovate. Between the growing number of blockchain consortia, in which banks explore the use...

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Study Unveils US Manufacturer Digitization Progress Report
Study Unveils US Manufacturer Digitization Progress Report
June 06, 2017  |  Retail

Adjusting technologies to today’s standards is a common issue for many industries. As one of the largest and perhaps most impacted areas, manufacturing has wrestled...

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Omnyway Digitizes Brick-And-Mortar Shopping
Omnyway Digitizes Brick-And-Mortar Shopping
April 14, 2017  |  Retail

Broadly speaking, the physical store experience is dying, said Ashok Narasimhan, CEO of Omnyway. Not so much in terms of sales, he clarified, as the...

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PayPal’s Cash To Digital Roadmap
PayPal’s Cash To Digital Roadmap
March 14, 2017  |  Mobile Commerce

PayPal has had something of a “blink and you just might miss something” of a 2017 — and notably we are only halfway through the third...

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Ricoh, Built On Paper, Cultivates A Digital Presence In B2B Payments
Ricoh, Built On Paper, Cultivates A Digital Presence In B2B Payments
January 09, 2017  |  B2B Payments

Like other corporations in its field, Ricoh made a name for itself over the decades helping corporations manage the mounds of paperwork they produce and...

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FinServ Positioned To Pioneer The Digital Migration
FinServ Positioned To Pioneer The Digital Migration
March 14, 2016  |  B2B Payments

Xerox built its empire on paper. But times are changing and so is the company. Xerox announced last month that it would be splitting its...

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Digitization And Its Discontents
Digitization And Its Discontents
January 12, 2016  |  Digital Banking

 The world, or at least the United States, is awash in digital technology — or maybe it only seems that way. Last month, the McKinsey Global...

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