Digital Engagement in Trade Finance

The ongoing economic downturn has affected global trade, and consequently, trade finance. Emerging technologies, agile competitors, supply chain disruptions, and a low interest rate environment are mounting further challenges on the banking and corporate sectors.

These challenges have brought into focus the significance of digitization and end-to-end connectivity for banks and their corporate customers. Banks need to take steps to re-assess their operating environment and transform themselves for efficiently meeting the growing trade finance demands of corporates.

Download this business brief to understand why businesses need digital transformation.