Digitalisation of trade finance: a monumental task
How did your country report this? Share your view in the comments.
Diverging Reports Breakdown
Digitalisation of trade finance: a monumental task
Euromoney Trade Finance Survey is launching in September. More information about the survey is available at: www.euromoney.com/tradefinance.
Discussions around the impact of technology often refer to what is known as Amara’s Law, which hypothesises that the impact of new technologies is overestimated in the short term while the long-term effects are underestimated.
Discussions around the impact of technology often reference Amara’s Law, which suggests that the effects of new technologies are overestimated in the short term but underestimated in the long term. There is a strong case that this applies to trade finance, if the results of a poll conducted at Sibos in 2014 are indicative of wider industry sentiment.