Prateek Duhan

Oct 5, 2023 | finextra.com | Sushama Divekar |Prateek Duhan |Steve Sabin

Trade digitization, driven by advances in technologies such as blockchain and AI, has been a topic of conversation at Sibos for the last several years. Yet challenges remain, contributing to the widening of the trade finance gap. Many transactions still rely on paper due to traditional practices and fragmented supply chains across jurisdictions. Modern trade and supply chain finance demands straight-through processing, but digitizing paper and manual processes remains a difficult journey.

Sep 26, 2023 | finextra.com | Sushama Divekar |Prateek Duhan |Steve Sabin |Alex Ford

Despite making up 99 percent of European companies and the backbone of its economy, small- and medium-sized enterprises (SMEs) remain underfunded in the billions of euros. Recent research estimates the gap is about 400 billion euro in the E.U. alone. These businesses are overwhelmingly underbanked, and it’s keeping them from growing. This situation is only made worse by a loan amount gap that’s plagued European SMEs for the last decade.