Simplifying trade financing for smaller enterprises : vimars

Simplifying trade financing for smaller enterprises


Simplifying trade financing for smaller enterprises
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As more manual processes become automated, industries are looking to see how they can implement them best without disrupting their business. While some industries have chosen to go paperless, reduce forms, and shorten processing times, others are still trying to achieve this. One sector that is looking to speed up traditional and complex processes is trade financing.
Just like any financial service industry (FSI), trade financing is also bound to various compliance and regulatory checks before they can implement any use of technology. However, unlike fintech, which is being applied by most FSIs, trade finance covers a broader range of services.

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