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Trade finance technology information


Panel discussion during the Hong Kong Trade Tech Forum

Trade finance technology (abbreviated TradeTech, tradetech, or sometimes Trade Tech) refers to the use of technology, innovation, and software to support and digitally transform the trade finance industry.[1] TradeTech can be seen as a subcategory under FinTech.[2] As digital information becomes more readily accessible, convenient, and available, the trade finance industry is being gradually modernised and digitally transformed.[3][4] TradeTech puts a particular emphasis on the application of technology and software to modernise trade finance.[5]

  1. ^ Murphy, Patrick. "Block-buster: how TradeTech could change the world". Clyde&Co. Retrieved 13 July 2020.
  2. ^ "Trade Finance and Technology". Open to Export. 5 September 2017. Retrieved 13 July 2020.
  3. ^ "A Guide to Trade Finance" (PDF). Deutsche Bank. Retrieved 14 July 2020.
  4. ^ "The future of world trade: How digital technologies are transforming global commerce" (PDF). WTO. Retrieved 14 July 2020.
  5. ^ "Is technology bridging the trade finance gap?". Pole Star. Retrieved 14 July 2020.

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