Digital Trade Finance Solutions: Not Just for Large and Multinational Corporates

by Raphael Barisaac, Head of Trade Products, Global Transaction Banking, UniCredit

While much of digital innovation is directed at large and multinational corporates, small and medium-sized enterprises also stand to benefit considerably from digital technology – and can play an important role in driving adoption. For this to happen, banks must make solutions readily available to corporates of all sizes – from MNCs to SMEs – working with them to develop new and compelling use cases.

Small and medium-sized enterprises (SMEs) are just as well poised to benefit from digital trade finance solutions as their larger counterparts – and, what’s more, they could be the vehicle that drives mainstream adoption. Indeed, the sheer number of SMEs – combined with their agile set-ups – makes them an excellent breeding ground for developing further use cases.

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