Reported 25 days ago
As cross-border trade payments become increasingly complex and prone to fraud, financial leaders like Goldman Sachs and JP Morgan are turning to fintech solutions. Technologies such as real-time monitoring, machine learning fraud detection, and blockchain innovation are being implemented to enhance transaction transparency, mitigate risks, and streamline payment processes. Collaborations, like the one between ODeX and Hapag-Lloyd, emphasize the importance of digital tools in preventing fraud and ensuring a secure trading environment.
Source: YAHOO