Digital Shift news and trends

FIS: New Tools and Tech Will Redefine the Office of the CFO
B2B Payments // October 18, 2024

The 2020s have borne witness to some of humanity’s greatest leaps in technological innovation. And many of them, from artificial intelligence (AI) to machine learning, have quietly been transforming payments. But while the consumer side of payments has found itself flooded with much of this...

Three Ways Strategic Partnerships Enhance the B2B Economy
B2B Payments // October 17, 2024

B2B payments are no longer just back-office concerns — they’re front and center for businesses looking to streamline operations and delight customers. But going it alone just isn’t an option. For B2B month, PYMNTS sat down with Ernest Rolfson, CEO of Finexio, Marne Martin, CEO of Emburse, and Loralee...

59% of US Businesses Link Poor Cash Flow to Manual AR Processes
B2B Payments // October 17, 2024

As Silicon Valley innovates with artificial intelligence, many companies remain burdened by outdated paper invoice systems. This disconnect hinders efficiency and presents financial risks. With invoice volumes set to rise sharply, businesses must recognize that manual accounts receivable (AR) processes can no longer meet modern...

Insurance Industry $500 Billion Digital Shift Driven by Gen Z Expectations
Digital Payments // July 17, 2024

As the second half of 2024 unfolds, the insurance sector finds itself in the midst of a profound shift. How profound? According to at least one industry insider, the digital transformation of the insurance business is happening on the scale that swept through retail in...

Interviews & Exclusives
Interview: Why Cutting Paper in Healthcare Will Speed Patient Payments

November 01, 2024
Though it’s a truism that the world’s become more digitized — Venmo, PayPal, and Cash App are all staples of everyday life while we bank online, order online, and stream movies — healthcare has lagged a bit. Which is not to say the sector has not digitized to some extent: Most providers offer patients the […]

FIS: New Tools and Tech Will Redefine the Office of the CFO

October 18, 2024
The 2020s have borne witness to some of humanity’s greatest leaps in technological innovation. And many of them, from artificial intelligence (AI) to machine learning, have quietly been transforming payments....

Three Ways Strategic Partnerships Enhance the B2B Economy

October 17, 2024
B2B payments are no longer just back-office concerns — they’re front and center for businesses looking to streamline operations and delight customers. But going it alone just isn’t an option....

59% of US Businesses Link Poor Cash Flow to Manual AR Processes

October 17, 2024
As Silicon Valley innovates with artificial intelligence, many companies remain burdened by outdated paper invoice systems. This disconnect hinders efficiency and presents financial risks. With invoice volumes set to rise...

Quick Reads
Basel Committee Warns Against Banking Digitalization Risks

May 16, 2024
A global financial watchdog is warning against the risks of digitalization in the financial world. The Bank for International Settlements’ Basel Committee on Banking Supervision issued a report Thursday (May 16) that examines implications of the digitalization of finance, weighing both the risks and rewards presented by new technologies. “While digitalization can benefit both banks and their customers, it can […]

Google Opens Its Digital Wallet to Users In India

May 08, 2024
Google’s digital wallet is now available in the world’s most populous country. The tech giant announced Wednesday (May 8) that the Google Wallet was now open to users India, with a focus...

Santander Slashes Jobs as Banking’s Digital Shift Continues

March 04, 2024
Santander is reportedly cutting 320 jobs as it continues to embrace digital banking. The Spain-based bank has laid off a little under 3% of its American staff in the past few days, Bloomberg...

Neem Debuts Embedded Payments Infrastructure for Businesses in Pakistan

September 25, 2023
Banking-as-a-service platform (BaaS) Neem has introduced a payment infrastructure for digital businesses in Pakistan. “Our goal is to address the existing financial wellness gap in Pakistan, and we are doing so by...