Trade Finance Forum › Forums › Trade Finance › Basics › Will we be able to move ahead in digital finance with a scalable platform? › Reply To: Will we be able to move ahead in digital finance with a scalable platform?
As the world has become more connected, financial transactions have become more complicated. The growth of Digital finance has made the financial world more vulnerable to fraud and money laundering. Banks have been fined a lot of money because they let bad transactions happen. How can banks make sure they follow these new rules? A data-driven, scalable digital platform can be the key to greater security and simpler compliance. The fintech companies are now affording digital finance to SMEs.