ITFA progress on Trade Digitization in 2021

When BAFT, ICC and ITFA wrote their joint paper in 2020 on the measures banks and others were taking to deal with effects of Covid-19, we expressed some hope, in the then darkness, that the pace of digitalisation would increase and provide solutions for many of the problems the world was then facing. The pace of change has proved to be even faster and the possibilities it has opened up are maybe even greater than originally envisaged. It is not an exaggeration to talk of fundamentally transformative change. Our latest paper charts some of the positive change that has happened in late 2020 and early 2021 and also points to the further work that needs to be done. It can be accessed here.

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