Unlocking efficiency and transitioning the documentary credit in a digital environment
We are delighted to publish Dave Meynell (one of our expert partner)’s latest paper - From deficient to smart: Unlocking efficiency and transitioning the documentary credit in a digital environment.
"There can no longer be a doubt that trade finance processes will become more digitally driven. The adoption of Generative AI (GenAI), smart contracts, digital ledger technology, machine learning, and other technologies will streamline documentation, reduce fraud, and enhance efficiency.
As businesses continue to embrace digital transformation, the synergy between technology and documentary credits is poised to redefine the future of international trade, fostering a landscape that is agile, secure, and conducive to sustainable growth."