Banks adopt AI to manage sanctions and compliance risk
Financial Times: 30/01/2020
Technology . . . can help with efficiency and compliance costs and all firms will continuously review their infrastructure and processes,” says Neil Whiley, director of sanctions at UK Finance, a trade body.
Source: https://www.ft.com/content/98e82234-16a8-11ea-b869-0971bffac109?shareType=nongift
The 12 Days of Trade Finance (To the tune of “The 12 Days of Christmas”) On the first day of trade finance, Traydstream gave to me, A platform that’s seamless and AI-powered, you see. On the second day of trade finance, Traydstream gave to me, Two document checkers,...
Global trade finance has long been a critical part of international commerce. However, the traditional methods for handling trade documentation—such as paper-based bills of lading (BLs), letters of credit (LCs), and trade contracts—have often been slow, errorprone,...
At Traydstream, we remain committed to driving innovation and operational excellence as we continue to grow in the dynamic trade finance industry. To support our long-term vision, it is essential that we continually enhance efficiencies across our organisation and...
In recent years, the trade finance landscape has experienced a significant transformation, driven by advancements in technology and the growing need for efficiency, compliance, and transparency. One of the most noteworthy changes is the shift toward enhanced...
We have quickly covered many topics in the past 6 blogs. I hope this has been helpful. Let’s use this final blog in the series to summarize it all and be ready to keep moving forward in 2025 and beyond. The next three years demand massive changes in the...