Remove Concentration Remove Finance Remove Foreign Exchange Remove Treasury
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Trade Finance Awaits A Boost From FinTech

PYMNTS

overwhelmingly plan to expand financing activity this year. might be expanding, gaps in business finance – especially among SMBs – remain. Among the biggest gap in the world right now is trade finance. Even more recent analysis from Euromoney in its Trade Finance 2018 report highlighted the struggling trade finance space.

Finance 50
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Transcript: Kenneth Tropin

Barry Ritholtz

RITHOLTZ: And those were Treasuries. He’s left the finance world, but he’s certainly not left the business world. That’s the foreign exchange markets, and to some extent, commodities. RITHOLTZ: Like, very different universe, right? TROPIN: Right. We’re not talking junk bonds here. TROPIN: Yeah.

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Transcript: Bill Dudley, NY Fed Chief

Barry Ritholtz

So, for example, the treasury was thinking about moving to direct deposit, but they wanted to know how much it was gonna cost them because direct deposit, they, they, they, they, the money clears, you know, sorry, almost instantly, right? So they wanna know how many days does it take a, a treasury check to get back to us.