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

Nearly 4 in 5 Consumers Screen Dating App Matches on Social Media
Nearly 4 in 5 Consumers Screen Dating App Matches on Social Media
April 21, 2023  |  Connected Economy

Bumble. Tinder. Hinge. MeetMe. Grindr. Plenty of Fish. Every month, 73 million consumers across the United States log in to dating apps like these to...

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Digital Platforms Reduce Costs and Risk of Business Payments
Digital Platforms Reduce Costs and Risk of Business Payments
April 11, 2023  |  B2B Payments

It’s a new go-to-market landscape with a new set of rules for B2B players. Modern B2B marketplace platforms are helping reshape how organizations of all...

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PYMNTS Intelligence: Benefits Abound for Merchants Undertaking Payments Modernization
PYMNTS Intelligence: Benefits Abound for Merchants Undertaking Payments Modernization
April 11, 2023  |  Payments Innovation

As physical locations closed or access to them became otherwise restricted during the pandemic, companies had to pivot to digital channels to survive. Even stores...

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Lloyds and Enigio Team on Trade Finance Blockchain
Lloyds and Enigio Team on Trade Finance Blockchain
April 04, 2023  |  Partnerships

British banking giant Lloyds has formed a trade digitization partnership with Enigio. The collaboration, announced by document digitization firm Enigio Wednesday (April 4), is designed...

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Most Manufacturers and Retailers Say Digitizing Procurement Will Modernize Global Supply Chains
Most Manufacturers and Retailers Say Digitizing Procurement Will Modernize Global Supply Chains
March 15, 2023  |  Supply Chain

The old saying holds true: Chains are only as strong as their weakest links. And that’s especially true of supply chains, where disruptions during the...

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Kickfin CEO Says Digital Tipping and Instant Payouts Help Restaurants Fight Economic Headwinds
Kickfin CEO Says Digital Tipping and Instant Payouts Help Restaurants Fight Economic Headwinds
March 08, 2023  |  Restaurant innovation

The restaurant industry has had a rough go of it since COVID-19 hit. Due to pandemic-driven restrictions on in-person dining and related health concerns, restaurants...

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PYMNTS Intelligence: Streamlining Checkout Offers a Competitive Edge
PYMNTS Intelligence: Streamlining Checkout Offers a Competitive Edge
March 07, 2023  |  Buy Now Pay Later

The checkout is an influential part of the shopping experience, with 73% of consumers saying they will move their business elsewhere when a brand does not deliver...

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Boost CEO Says Standardization Key to Digital B2B Payments Growth
Boost CEO Says Standardization Key to Digital B2B Payments Growth
February 10, 2023  |  Opinion

B2B payments will see significant adoption and standardization of digital, integrated solutions in 2023, Boost Payment Solutions CEO Dean M. Leavitt writes in the new...

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PYMNTS Intelligence: Why Money Mobility in the Insurance Industry Is More Important Than Ever
PYMNTS Intelligence: Why Money Mobility in the Insurance Industry Is More Important Than Ever
January 27, 2023  |  Money Mobility

In a climate of economic uncertainty and consumer dissatisfaction, it is crucial that insurance companies understand what customers are looking for from their insurance providers....

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