Marco Polo has teamed up with the International Trade and Forfeiting Association to bring you an exciting digital round table where we will be discussing the development of digital trade.
During a time when companies need working capital support more than ever due the unprecedented times we are in, trade finance still has a long way to go to modernize. Trade documentation like Letters of Credit (LC) are still mostly paper-based and dependent on courier services for documents being transferred between trade finance parties.
Meanwhile, for financial institutions, the handling and checking of physical trade documents under trade instruments are still often manual processes and heavily reliant on legacy systems. As such, the demand for new, digital trade solutions and instruments is growing rapidly especially in the challenging times we are in.
This webinar presents the current status of the industry and showcased the new digital trade payment obligations and how they can be the right solution for your organisation.