Iain MacLennan Head of Trade & Supply Chain Finance at Finastra
With the growing demand for a consumer-like personalized interaction in trade workflows, alongside efforts to digitalize the industry, there is an emphasis on the need for ecosystem collaboration in trade finance. Agility and collaboration between banks, fintechs, and other third-party software providers will help drive innovation in meeting custo...
02 May 2024 /wholesale Banking Strategy, Digital and Transformation
The trade finance industry is on a modernization journey. Reflecting on 2023, the year ahead will see the digitalization of trade finance take center stage. And it’s about time. With an expected focus on regulation, challenges will be seen across the board as the adoption of AI and ML continues to rise. So what can we expect from 2024? Digitizing...
14 December 2023 Financial Supply Chain
Trade digitization, driven by advances in technologies such as blockchain and AI, has been a topic of conversation at Sibos for the last several years. Yet challenges remain, contributing to the widening of the trade finance gap. Many transactions still rely on paper due to traditional practices and fragmented supply chains across jurisdictions. M...
05 October 2023 /wholesale /sustainable Banking Strategy, Digital and Transformation
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