Despite their efforts to bridge gaps in the trade ecosystem, the tech interoperability alone cannot solve the industry’s deeply rooted issues.
Despite their efforts to bridge gaps in the trade ecosystem, the tech interoperability alone cannot solve the industry’s deeply rooted issues.
To make a strong case for trade finance process modernisation, here are the top five reasons why banks must transform their trade finance process:
Trade finance offers exceptional growth opportunities for businesses looking to trade internationally, but has sadly lagged behind other services due to its complicated nature and high barrier to entry. Surecomp streamlines this process through digitalisa
CSB Bank Ltd partners with Kyzer Software to automate its Trade Finance platform increasing efficiency and competitiveness while reducing costs. Providing an improved digital experience to its clients, the bank has selected KYZER’s flagship Trade Financ
Deep dive discussion on specialised trade finance workflows designed to ensure risk management, fraud detection, customer experience, ease of operations, resource optimization, compliance, audit and regulatory reporting.
The UCP provides a standardized framework for banks, importers, and exporters to ensure smooth and reliable payment transactions. Here are the complete guidelines for the UCP process for a letter of credit:
In today's rapidly evolving banking landscape, financial institutions must embrace technological advancements to stay competitive and meet customer expectations. Implementing banking technologies, however, can be a complex and challenging process.
The fintech sector has been experiencing rapid growth and transformation in recent years, revolutionizing traditional banking and financial services. From digital banking solutions to regulatory technology (RegTech), various trends are reshaping the indus
The global economic consditions have significantly impacted the way businesses operate, accelerating the adoption of digital solutions across various industries. The trade finance sector, traditionally reliant on paper-based processes and manual interacti
Corporate Portals serve as centralized platforms that facilitate seamless communication, collaboration, and access to a wide range of trade finance services.
International trade presents immense opportunities for businesses to expand their markets and increase profitability. However, it also comes with inherent risks that can have a significant impact on a company's financial health and reputation.
Global trade serves as a key driver of economic growth and prosperity, fostering international cooperation and connecting businesses worldwide.
Kyzer Software's Podcast Series aims to raise awareness about growing technology & regulatory challenges faced by banks & FIs and explore solutions.
As per Supreme Court directions w.r.t implementation of POSH Act, Kyzer implements Prevention Of Sexual Harassment Policy. This policy aims at providing guidelines for acceptable behaviour & the stand to be taken for resolution.
Documentary collections, a widely used instrument in trade finance, provide a reliable and cost-effective method of facilitating transactions while mitigating risks. In this article, we will explore the concept of documentary collections, their benefits,
The Reserve Bank of India (RBI) plays a crucial role in regulating and facilitating international trade for India.
.jpg)
As the host of G20 2023, India has placed digitisation as a priority. New Delhi recognises that digital transformation will drive economic change.