News 

A museum without walls: How the Met is bringing its ancient collection online

“Tallon also works closely with institutions outside of the Met to make the collection easy to access wherever people already are online” writes Rachel Kraus for mashable.com. In balancing context and access, some of the Met’s objects online come with more curatorial and educational resources than others. Source: mashable.com Share This:

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Research: The Digitization of Banks Disproportionately Hurts Women Entrepreneurs

“And compared to men, women entrepreneurs are pushed into desperate and extreme types of financing” reports hbr.org. It turns out that women entrepreneurs who seek to finance their ventures using bank financing are increasingly forced to find solutions elsewhere.It turns out that women entrepreneurs who seek to finance their ventures using bank loans are increasingly forced to find solutions elsewhere.This can also sway decisions to approve or reject loans to women and men entrepreneurs.We targeted a random sample of Swedish entrepreneurs (both men and women) who were applying for bank…

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SMBs Eye Talent Shortage In Data Goals: Deloitte

“Small businesses are no stranger to digitization, with a recent report from Deloitte highlighting the focus on IT investment for the small- and medium-sized business” reports pymnts.com. Similar concerns may arise as executives build out their IT staff, as Deloitte research suggests they’re planning to do.Yet a tight labor market could present a significant hurdle for small- and medium-sized businesses to move forward with their digitization plans.In its report, “Technology in the mid-market,” Deloitte found more than half of executives at small- and medium-sized businesses plan to spend more on…

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Electronic Invoicing Opens A Door To SMB Digitization

“The knock-on impact of eInvoicing can be expansive, supporting digitization of payments, accounting, treasury, customer relationship management and other functions” reports pymnts.com. From a lack of understanding of GDPR rules to an inability to overcome hurdles to technological adoption, small businesses have their work cut out for them to go digital.In Europe, where Teamleader is based, eInvoicing volume grew by 29 percent between 2015 and 2016, with even greater increases in the B2B and business-to-government spaces, according to the European eInvoicing Service Providers Association. Source: pymnts.com Share This:

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Teamleader Talks SMBs’ Technology Journeys

“Small businesses struggling to embrace digitization must take the first step to adopt technologies, says Teamleader” reports pymnts.com. Even seemingly straightforward digitization efforts, such as eInvoicing, can be a challenge.A lack of resources exacerbates this struggle, plus, entrepreneurs can find it difficult to implement a new technology, fearing it will actually slow down existing work flows. Source: pymnts.com Share This:

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Crypto News 

IBM, Maersk launch TradeLens for supply chain digitization

“IBM Blockchain has tweeted that they have joined forces with transport and logistics company Maersk to launch TradeLens, a blockchain solution for transparency and real-time updates for supply chain management” writes Cecille De Jesus for coingeek.com. We built it from the ground up to serve every player in the global supply chain,” he wrote. “Now we can get parties collaborating who couldn’t before.Among those dabbling in similar ventures are Goldman Sachs, funding cloud-based supply chain company Tradeshift.In a Medium post, Michael White, the head of TradeLens, said that this is…

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Markets News 

Millennials want more from property markets: Transparency, affordability, and digitization

“At treehouse, we provide what people are expecting more from the property market: transparency, affordability and digitization” writes Raz Iordache for venturebeat.com. Tellingly, the percentage of individuals living with their parents, for people born in different years, has increased by age with each successive generation: It’s no wonder then, that millennials are expecting more from the property market: transparency, affordability, and digitization.Mean house prices were 152 percent higher in 2015–16 than in 1995–96 after adjusting for inflation.The key reason for the decline is the sharp rise in house prices relative…

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We may have hit ‘peak trade’ even without Trump’s tariffs, economist says

“Paul Donovan, global chief economist at UBS Wealth Management, said Wednesday that President Donald Trump’s recently announced trade tariffs are not to blame” writes Natasha Turak for cnbc.com. “I don’t think that the modest taxes imposed by Trump are a driver of peak trade, at this stage.The world may have hit ‘peak trade,’ according to an expert who pointed to robotics, digitization and localization as major game-changers for the sprawling supply chains that have defined globalization.This reduces the ratio of trade to GDP. This is how supply chains will continue…

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Crypto News 

Cryptocurrency is the next step in the digitization of everything — ‘It’s sort of inevitable’

“And Bitcoin and the digitization of money is just one aspect of that” writes Kara Chin for businessinsider.com. Silverstein: And why do you think that the digitization of money is the future?. Lex Sokolin, Autonomous Research’s director of fintech strategy, talks with Business Insider executive editor Sara Silverstein about the importance of cryptocurrency in our increasingly digital world.And we saw the effect of digitization is essentially your revenues go down 50% in the industry and then the remainder is all digital.And the same thing happened with retail, right?. Source: businessinsider.com Share This:

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There could be a multi-trillion dollar opportunity waiting in India, Morgan Stanley says

“India’s push to digitize has seen its economy undergo massive changes, but that presents a multi-trillion dollar investment opportunity as both tax compliance and access to credit increase, according to Morgan Stanley” writes Sri Jegarajah for cnbc.com. Still, as the Indian economy returns to a sense of normalcy, the country could be set to reap the benefits of those reforms.”The good thing with digitization, apart from bringing more cash into the economy … is credit,” Anil Agarwal, head of Asian financial research at Morgan Stanley, told CNBC on the sidelines…

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