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Trade Finance: How can Local and Regional Banks Compete with International Banks?

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The term digitization is also used to describe the transition from paper to electronic documentation. However, it covers a far broader range of digital technology application uses in trade. To improve trade finance, blockchain, Al, trade networks, and other technologies are being used.
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Payment trends over the last 3 years indicate that the use of checks has declined by nearly 14% while the adoption of ACH, Credit Cards and Virtual Cards is rising steeply. However, if you are like most companies you might be struggling with controlling the costs of processing e-payments, or being able to drive your customers to adopt e-payment methods. Does that mean that the utopia promised by e-payments is a myth?
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Payment Maturity Model: Is Your AR Team Prepared for the Big Shift From Same-Day ACH and Virtual Cards?

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Payment trends over the last 3 years indicate that the use of checks has declined by nearly 14% while the adoption of ACH, Credit Cards and Virtual Cards is rising steeply. However, if you are like most companies you might be struggling with controlling the costs of processing e-payments, or being able to drive your customers to adopt e-payment methods. Does that mean that the utopia promised by e-payments is a myth?
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As a manufacturer, it is important to expand your operations to keep up with the advancing industry. In the decision-making process, taxes can be left to be an afterthought. We encourage business leaders to become proactive in the decision-making process, therefore, increasing their return on investment and process efficiency. D
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