New Fintech Task Force: Technology Experts For Regulatory Action (TERA)

Traydstream applauds the formation of TERA (Technology Experts for Regulatory Action), new ITFA FinTech Task Force, comprised of leading professionals in the Trade Finance Industry both from banks and FinTechs which aims to tackle policy obstacles in Trade Finance. The chief focus areas would be Electronic signatures, Digital negotiable instruments, Digital bills of lading, Cloud-based trade document processing, Trade finance as channel to extend public relief efforts.

TERA will provide guidance to win short-term policy decisions, building on the recent launch of both FinTech initiatives: Digital Negotiable Instruments (DNI) and Trade Finance Distribution (TFD) as well as additional technology developments such as use of cloud computing.

Click to read more :
https://itfa.org/new-fintech-task-force-technology-experts-for-regulatory-action-tera/

 

Recent Posts

3 Trade Finance basics you should know in 2023

3 Trade Finance basics you should know in 2023

The World of FinTechs – An Introduction: We’ll cover the basics quickly, to bring you up to speed. Fintech is an abbreviation of financial technology and is the encompassing term for a growing industry that uses technology to provide financial services. Fintechs are...

Traydstream is proud to have achieved SOC2 certification

Traydstream is proud to have achieved SOC2 certification

Traydsteam is thrilled to announce that we are officially SOC2 attested. This certification provides assurance to our users that our security controls are robust. Clients can rest assured that sensitive data is protected and that we are able to proactively identify...

It’s no secret that sustainability is on everyone’s mind

It’s no secret that sustainability is on everyone’s mind

One thing that humankind is coming to terms with is the necessity for rapid change to protect our planet. If you look for it, each day there is more news and data from bottom to top (firsthand accounts to governmental publications) highlighting human impact on the...

Bounce-back for Trade Finance, ICC Trade Register

Bounce-back for Trade Finance, ICC Trade Register

  Recently, the International Chamber of Commerce (ICC) released its Trade Register, a report they produced with Boston Consulting Group. This trade register provides an overview of various aspects of trade finance – from credit risk profiles, to supply chain...