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Digitalization of trade finance—fostering the dynamics of inclusion (Part 1)

Blog: Oracle BPM

On an average day, four billion pieces of paper are circulated between the physical and financial supply chains of businesses involved in cross-border trade. A global standard for the paperless, fully digital era will likely take a long time; however, the benefits of digitalization could boost banks’ trade finance revenues significantly. Part 1 of this blog series discusses the challenges and multi-faceted approach to the digitalization of trade finance.

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