What is Trade Finance? Trade finance refers to the financing and facilitation of international trade transactions. It involves a range of financial products and services that help to mitigate the risks and complexities involved in cross-border trade. These financial products and services can include letters of credit, trade credit insurance, factoring, forfeiting, and export financing. … Continue reading Trade Finances: Challenges and advancements
Tag: banking
More Pros than Cons? A Banking Automation Software comparison
Banking automation software is increasingly popular in the modern world. This software can help banks to reduce costs, increase efficiency, and improve security. However, it also comes with some drawbacks such as expensive implementation and job losses. Banking automation software is becoming increasingly important for modern financial institutions to remain competitive and provide their customers… Continue reading More Pros than Cons? A Banking Automation Software comparison
Quantum Computing in simple terms
Quantum computing uses qubits, which can be in a superposition of 0 and 1 at the same time, as well as entanglement, to perform calculations much faster than classical computers. Quantum computing has the potential to revolutionize many fields, including cryptography, drug discovery, and optimization. However, there are many challenges that must be overcome before… Continue reading Quantum Computing in simple terms
Decoding the Technicalities: Understanding the inner workings of blockchain
Blockchain technology has revolutionized the way we store, transfer and verify digital information. It has the potential to transform a variety of industries by providing secure and transparent methods for record-keeping and data sharing. In this blog post, we will explore the properties of blockchain that make it a groundbreaking technology. This blog post shall… Continue reading Decoding the Technicalities: Understanding the inner workings of blockchain
Intoduction to MLflow & Azure
If you're like most people working in the field of machine learning (ML), you know that it can be a powerful tool for solving complex problems. However, managing and deploying ML models can be a real challenge. That's where ML Flow comes in. It's an open-source platform that helps you manage the entire ML lifecycle,… Continue reading Intoduction to MLflow & Azure
Video KYC & its Benefits
We know how important is the KYC and AML process for financial institutions. Banks can’t be careless with the KYC process because this holds some of the sensitive information. Read more.