Singapore banks pick MonetaGo to build trade finance registry Financial technology solutions provider MonetaGo has been selected by the Association of Banks in Singapore (ABS) to deliver the Trade Finance Registry (TFR), an interoperable industry utility that bridges information silos between banks to combat duplicate financing fraud. The TFR serves as a secure database for records of […]
AI and Machine Learning will support the evolution of trade finance experts in document examination For decades, trade document checkers at banks have mastered the crucial, time-consuming, and somewhat niche skill of manually reviewing complex documents to ensure they meet international standards. These experts sift, scan, and scrutinise to find discrepancies among documents, including letters of […]
Global trade and supply chains start shoring up on resilience. We need to know more about who is involved and what is going on at all points in the supply chain process. Digitization is key to helping us achieve this level of transparency. There is already a distinct line that divides time before the COVID-19 […]