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Custom1 innovations in trade finance report by medici

FINTECH · TRENDS & INSIGHTS · DIGITAL TRANSFORMATION

Innovations in Trade Finance – Report by MEDICI

Trade finance has always been about global risk mitigation and funding availability for global transactions and vice versa. The basis of trade finance is trust, and hence trusted third-parties such as banks were necessary to maintain trust among the parties involved. However, ongoing geopolitical and macroeconomic headwinds are making trade finance a tough business for banks due to costs, risks, and increased competition.

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