News

Supercomp's cloud-based digital trade finance solution implemented by Banco Internacional

Thursday 25 March 2021 13:21 CET | News

Banco Internacional has chosen to improve its end-to-end trade finance process by deploying Surecomp’s cloud-based Trade Finance-as-a-Service (TFaaS).   

Trade Finance-as-a-Service (TFaaS) is digital experience allowing customers to apply, track, finance, and collaborate throughout the entire trade finance transaction processing lifecycle. It is easy to onboard and configurable, minimising reliance on internal IT infrastructures.

Five of the largest banks in Ecuador have decided to undertake a trade finance process transformation to minimise friction, become API-enabled, and to future-proof it ready for upcoming industry changes including the SWIFT SR2021 messaging standard transition.  


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: cloud, trade finance, digital onboarding, API, banks, partnership
Categories: Banking & Fintech
Companies:
Countries: Ecuador
This article is part of category

Banking & Fintech