Digitization/page/7 news and trends

Rise In Huge Settlements Helps Insurance Industry Ditch Paper for Digital
Insurance // September 11, 2024

Where there’s smoke, there’s usually fire. And across the business landscape, where there’s paper, there tends to be countless inefficiencies, higher costs — and even fraud. This holds particularly true within the insurance industry, which has long been known for its reliance on paper, manual...

Amex Small Business Exec Sees Embedded Payments Helping Cash Flow Management
B2B Payments // August 15, 2024

There’s a difference between managing your business’s cash flow, and having it manage you. That difference is something small to medium-sized businesses (SMBs) know well, particularly those that find themselves facing working capital issues that pose challenges to their operational stability and potential growth. Navigating...

Chief Architecture Officer? CFOs Learn to Design Business Growth
CFO // June 10, 2024

Today’s chief financial officers have evolved from back-office accountants to financial architects. And, given the dynamism of today’s business landscape, the transformation of the finance function couldn’t be happening at a better time for organizations. No longer confined to the back room, crunching numbers and...

What Businesses Tackling Technical Debt Can Learn From the IRS
Technology // May 07, 2024

Where a business spends its money typically defines its strategy. And with the news last Thursday (May 2) that the Internal Revenue Service (IRS) is seeking more funding to continue scaling its digital transformation efforts as part of its Strategic Operating Plan, process modernizations designed to...

Interviews & Exclusives
Rise In Huge Settlements Helps Insurance Industry Ditch Paper for Digital

September 11, 2024
Where there’s smoke, there’s usually fire. And across the business landscape, where there’s paper, there tends to be countless inefficiencies, higher costs — and even fraud. This holds particularly true within the insurance industry, which has long been known for its reliance on paper, manual processes and slow transaction times. But as the sector grapples […]

Amex Small Business Exec Sees Embedded Payments Helping Cash Flow Management

August 15, 2024
There’s a difference between managing your business’s cash flow, and having it manage you. That difference is something small to medium-sized businesses (SMBs) know well, particularly those that find themselves...

Chief Architecture Officer? CFOs Learn to Design Business Growth

June 10, 2024
Today’s chief financial officers have evolved from back-office accountants to financial architects. And, given the dynamism of today’s business landscape, the transformation of the finance function couldn’t be happening at...

Bank of America Identifies Four ROI Benchmarks for B2B Payments

April 02, 2024
Payments innovations that scale broadly in the B2C space aren’t always as widely adopted in the B2B space due to limited applicability. The principles of consumer payment innovations can offer...

Quick Reads
Construex Raises $4.6 Million to Digitize Latin American Construction Industry

November 27, 2023
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 is our first step towards our expansion across LatAm,” the company said in a Monday (Nov. 27) post on LinkedIn. “It’s the beginning of celebrated new partnerships. It’s our beginning […]

Finastra and Microsoft Team on Trade Finance

September 20, 2023
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 Azure. “As the expectations of...

TempusDirect and CCC Intelligent Solutions Integrate Third-Party Casualty Solutions

May 04, 2023
TempusDirect and CCC Intelligent Solutions are now working together on third-party casualty solutions. With TempusDirect’s repricing services integrated into CCC’s cloud platform for the property and casualty (P&C) insurance economy,...

Mastercard ‘Digital Doors’ Aims to Help Small Businesses Scale With Marketing and Partnerships

May 02, 2023
Mastercard has unveiled a number of updates to its “Digital Doors” small business program. Among these new features are a marketing hub platform and new partnerships, the company said in...