The transaction value of the global trade finance market is predicted to grow from $4.16 trillion in 2023 to $5 trillion by 2028, a CAGR of 3.74%.[1] While that can be great news for financial institutions, many struggle to keep up with changing trade finance processes that are impacted by geopolitics, regulations, and technology innovations. Learn how digitization can address trade finance challenges such as manual processes, siloed data, the need for resiliency, and meeting ESG goals.
1. https://www.mordorintelligence.com/industry-reports/global-trade-finance-market
