Electronic Trade Finance: From Paper to Bytes
Report Summary
Electronic Trade Finance: From Paper to Bytes
Banks' corporate customers pressure paper-based trade finance to become Internet-based.
Boston, May 21, 2014 – Banks are looking to offer trade finance products and services through the Internet, but they face obstacles to fully deploying electronic- and Internet-based trade finance. In this Impact Report, Aite Group identifies future trends for trade finance and illustrates how successful players will overcome the barriers standing between them and an Internet-based trade finance future.
With the cooperation of Trade & Export Finance, Aite Group conducted online and telephone interviews with 53 selected panelists from international and regional banks in Europe, North America, the Asia-Pacific, the Middle East, and Africa between August and November 2013. That research shapes this piece.
This 24-page Impact Report contains 14 figures and two tables. Clients of Aite Group's Wholesale Banking service can download this report.