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E-invoicing, SCF & E-procurement

Kotak Mahindra Bank launches trade finance processing system

Wednesday 14 August 2019 | 11:25 AM CET

Kotak Mahindra Bank has announced the launch of a Trade Finance transaction processing system, Fusion Trade Innovative (TI) plus from Finastra.

TI plus provides transaction processing and enhanced efficiency with quick turnaround time, data insights and analytics. Kotak Mahindra Bank representatives have stated that this is the first step towards their goal to achieve end-to-end trade and supply chain digitised processing.

TI plus is part of Kotak’s digital-first organic growth strategy that is being driven by its ABCD charter - AI enriched App, Biometric enabled Branch, Context enhanced Customer Experience and Data empowered Design. This charter seeks to make banking a more accessible and rewarding experience for customers by integrating technology, design and customisation across products and services.

More: Link
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