Traydstream launches fintech solution for paperless trade

Traydstream launches fintech solution for paperless trade

GLOBAL / 16-06-17 / BY SANNE WASS, GTR (Global Trade Review) Click Here to see on GTR New fintech player, Traydstream, has launched a solution to digitalise trade documents and automate regulatory compliance screening using artificial intelligence. As is often the case when talking fintech, it didn’t take long before the word ‘blockchain’ entered the conversation when GTR met with Uzair Bawany and Achille D’Antoni, the co-founders of Traydstream – one of the newest global fintech companies hoping to revolutionise the way banks and companies process trade documents. Click Here to see on GTR But Traydstream’s solution itself contains nothing related to blockchain or distributed ledger technology. “Everyone talks about blockchain, but blockchain doesn’t do the processing. So that’s how we came about with the idea,” says Bawany. “Trade is one of the few bastions of banking that remains extremely manual. We thought, there has got to be a way to automate some of this.” In short, Traydstream’s new solution digitalises the whole trade transaction – from invoice...
Read More