Artificial Intelligence in Banking And Finance
Trade Finance 2.0: How Documents Digitalization Empowers AI to Revolutionize the Process. By David Perron
25 Feb 2025
Artificial Intelligence (AI) is revolutionizing international trade finance. It automates and optimizes letters of credit, reducing errors and accelerating payments. AI enhances fraud detection and regulatory compliance through machine learning and blockchain. Predictive risk analysis improves credit assessment and adjusts financing conditions. While the adoption of electronic letters of credit and electronic bills of lading is increasing, challenges remain regarding interoperability and legal recognition.Hosted by Ausha. See ausha.co/privacy-policy for more information.
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