Empowering Sustainable Trade Through Financial Technology

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Empowering Sustainable Trade through Financial Technology

Synopsis
Trade and supply chain finance has traditionally been main offerings from banks, but the paradigm has since shifted during this Covid-19 pandemic. Many SMEs found that their banks rejected them for finance. The reasons varied. Some banks cited external policies while others cited a lack of credit history. In 2020, finance rejection rates reached all-time highs, adding to the estimated $1.5 trillion (USD) trade finance gap. These developments spelt disaster for some SMEs. However, Covid-19 paved the way for significant digital advances in cross-border trade. Come join us to hear more about how Fintechs are utilising technology to bridge this financing gap and to empower sustainable trade globally.

Timothy Chan
Executive Director
Digital Solutions & Implementation
Olea Global Pte. Ltd.

About the Speaker

Timothy has over 12 years of experience offering strategic trade/supply chain finance execution, operations and technology advisory. In his previous capacity as the head of transformation in the field of trade finance for a local bank, he has collaborated with fintech firms, governments, and banks in delivering solutions involving blockchain, IoT, machine learning and other technology. In his current role, he heads the digital solutions and implementation division of Olea, a supply chain finance joint venture between Standard Chartered and Linklogis. Timothy graduated from the Master of IT in Business, Financial Technology Track in 2017.

When

Tuesday, 31 January 2023
5:00pm to 6:00pm
Singapore Time

Where

Zoom.
Seminar link will be sent to participants upon registration.