Fintech News
FEBRUARY 14, 2024
The trade finance industry has been aspiring for greater digitalisation, striving to tap into potential benefits such as improved transparency, efficiency, risk mitigation and support for small and medium-sized enterprises (SMEs).
PYMNTS
FEBRUARY 11, 2020
. “Many have tried to shoehorn blockchain technology into solutions [where] it doesn’t quite fit, [but] trade finance, supply chain finance and cross-border payments [are] some of the few examples of commercial use where it can genuinely make a real difference,” he said. But blockchain goes further, said Tarone.
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PYMNTS
JULY 17, 2018
The blockchain hype-machine is driven largely from the technology’s proponents that say they have an application of the tool for everything: payments, risk mitigation, contracts, KYC (Know Your Customer) compliance, financing, cloud storage, an alternative to foreign exchange, credit underwriting.
Fintech Review
FEBRUARY 25, 2025
Trade finance plays a crucial role in facilitating global trade by providing credit, payment guarantees, and risk mitigation tools. These financial instruments help importers and exporters manage cash flow effectively while reducing the risks associated with cross-border transactions.
The Payments Association
MAY 14, 2025
Everything is becoming fasterthe technology is out there, said Khorsan. While digital infrastructure is advancing, including cloud-native solutions and distributed ledger technologies (DLT), legal frameworks are still rooted in outdated assumptions, creating friction in what should be frictionless systems.
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