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  • The trade finance industry is a paper-intensive business. High operations cost, dependency on manual processes including compliance, and subjective decision-making are some challenges the industry faces. 
  • Banks offering trade finance services are rapidly embracing digital technologies to automate processes for better turnaround and superior end customer experience. 
  • TCS Trade Finance Digitization, Automation, and Analytics uses cognitive technologies such as artificial intelligence (AI) and machine learning (ML) to transform a bank’s trade finance operations and outcomes.