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The New Trade Finance.
Introduction
The Internet revolution continues its headlong pace, with new products and alliances being announced daily by banks, technology companies and service providers. The vision of the new e-trading world is of seamless, automated end-to-end business processes linking traders, logistics operators and finance providers; new virtual marketplaces and consortia of buyers and sellers; the banishment of repetitive paperwork and its associated costs, errors and delays.
As ever, this new order has to establish itself against a background of existing national and international legislative systems and codes of practice. However, a number of important ...
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Source: HighBeam Research, The New Trade Finance.