Banking and Finance

 Digital Disruption and Innovation Trade finance is transforming from paper-heavy, time-consuming processes to cutting-edge digital solutions. With innovations like AI and blockchain, digital disruptors are making global trade faster, more secure, and cost-effective. Get ready to explore how technology is reshaping the future of trade finance. What is the difference between Digitalisation and Digitisation? 1. Digitisation vs. Digitalisation Digitisation : Converting analog data (paper) into digital form (e.g., scanned documents). Digitalisation : Using digital tools to enhance business processes (e.g., automated trade finance). 2. Big Data Definition : Large, complex datasets that require advanced analytics. Key Features (5Vs): Volume, Velocity, Variety, Veracity, Value. Use in Finance : Fraud detection, risk analysis, predictive analytics. 3. Distributed Ledger Technology (DLT) Definition : A decentralized dat...