Automation of Document Examination under Documentary Credits

As digitisation continues to evolve, automated document examination will become the new normal as financial institutions learn to trust and understand how machines work and the consistent approach that this brings to the review.

Let us learn about the different levels of automation and more from this release by ICC on Automation of Document Examination under Documentary Credits.

Click here to read more:
2021_icc_automation_issuebrief

Recent Posts

Reshaping Trade Finance in Africa – Webinar of 7 July 2021

Reshaping Trade Finance in Africa – Webinar of 7 July 2021

Traydstream invited representatives of Co-Operative Bank of Kenya and ABSA Bank Kenya to discuss on-going technology developments in trade finance in Africa. Dayo Fagade, a member of the Traydstream team introduced the session and the panelists as follows: Dorcas...

Traydstream adds the power of MS Vision to its OCR Engine

Traydstream adds the power of MS Vision to its OCR Engine

In its latest platform release, Traydstream has added Microsoft Computer Vision as a component to its existing Optical Character Recognition model. MS Computer Vision is a part of Azure Cognitive Services and boosts text extraction capabilities. Traydstream has...

An update on automated document checking

An update on automated document checking

World Trade Organisation (WTO) estimates that "some 80-90% of world trade relies on trade finance". Despite this, the sector has not undergone the same technological advancements found elsewhere in finance. Currently the processes of documentary scrutiny behind trade...

Traydstream announces its Series A funding round of $8m

Traydstream announces its Series A funding round of $8m

Traydstream, a London based Fintech is delighted to announce the successful closure of its Series A funding round. The US $8m raised was led by Spearhead Capital in a round from institutional and private investors, including AFG Partners and several European Family...