Progressing at pace: trade digitisation moves forward

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Bank’s traditional trade finance businesses face potentially disruptive threats, as the demand for digital instruments that can take over from archaic paper documentation is becoming more apparent than ever. Blockchain and the BPO remain vital in this progression, but their value and deployments still need to be recognised further, in addition to a fully integrated trade finance platform that is applicable to all parties, in order to achieve worldwide adoption of trade digitisation.

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