Tuesday Aug 04, 2020

Separating cat pics from invoice scans - the role of artificial intelligence in global trade

Among the oldest areas of financial services, trade finance always held a central position within international trade, with 80 to 90% of transactions being financed by some form of credit, guarantee or insurance.

 

However, the sector is one of the most manual and paper-based of the whole industry, resulting in expensive and error-prone operations with a slow processing time.

 

Emerging and new technologies have potential to address these problems, with the potential to transform the way these transactions are conducted. With that in mind, today I am joined by Arnaud Doly, CEO & Founder of Nabu.

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