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...
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...
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, 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...
Traydstream is proud to join the top high-growth businesses selected globally for the Microsoft for Startups Program
Microsoft for Startups is a select global program dedicated to accelerating the trajectory of high potential B2B start-ups to enable growth at scale. The tailored technical engagement brings the full potential of Microsoft Azure's scalability, security and global...
Traydstream and Standard Bank Group are pleased to announce achieving a major milestone with its automated trade document checking solution roll out.
From April 2021, all Standard Bank, South Africa trade transactions within a set threshold will rely on the Traydstream platform to augment human intelligence to complete all the necessary UCP 600 and ISBP trade rule checks as well as cross-document and compliance...
ACCELERATING TRADE DIGITALIZATION TO SUPPORT MSME FINANCING
Micro, small and medium-sized enterprises (MSMEs) are the backbone of the economy, representing 95 per cent of all companies worldwide and accounting for 60 per cent of employment. They are fundamental to the day-to-day provision of goods and services around the...
FBNUK fully implements Traydstream’s cloud based automated document checking with key partner integrations
Traydstream is pleased to announce that FBNUK has agreed a multi-year full production mandate of its platform for use by their document checking teams. Utilising the scalability and security of the cloud deployment has enabled FBNUK to quickly leverage the shared...
The digital transformation of trade finance: An urgent present and a bright future
The COVID-19 crisis arrived during a transformative period for trade finance, largely through digitisation and the emergence of new platforms. Despite the hardship caused by the pandemic, the crisis has also reinforced a desire for banks, global institutions, and...
Document Checker (Manager)
The goal: Reimagine the paper-based processes that underpin trade finance using AI. Who we are: We have a diverse group of people around the world from seasoned veterans with 20+ years’ experience in Finance and Technology alongside associates who are just starting...