Digitisation to reduce trade and invoice fraud in a post Covid world
WOA invites you to its webinar addressing: “Digitisation to reduce trade and invoice fraud in a post Covid world.” which will be hosted by Trade Finance Market.
In today’s world, the demand for invoice financing is high. However the risk of fraud is also increasing. Digital solutions to reduce fraud used to be “nice to have” – in a post-pandemic world, they are now essential.
This session will update WOA members on how blockchain technology can be easily implemented to de-risk invoice finance transactions - critical during times of market stress and reduced liquidity.
It will also consider questions like:
- How can such technology support WOA’s members to co-operate with each other to reduce invoice fraud (double financing) without exchanging confidential information?
- How can blockchain integrate with WOA members` existing workflows to create a unique co-operation network in local and cross-border factoring/open account financing?