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Claiming to be the Next Unicorn may sound bold, especially in fast growing and highly competitive industry such as FinTech.

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2020 has been a great overall year for the FinTech industry, despite all the problems surrounding the COVID19 pandemic and its economic repercussions.

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In the midst of the pandemic, RCBC has stepped up and made its online banking services better, and is now reaping international awards for its innovation.

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"We are reviewing our commodity trade finance business to see where we selectively can take market share, We are positively looking into opportunities in that space”. Daniel Schmand told S&P Global Market Intelligence.

It seems that the possibilities of shrinking in the Indian economy in the Financial Year 2021 have appeared as a relief to the nation’s banks given the favorable implications of the asset quality.

To boost the efficiency and reliability of B2B payments, a corporate trade finance platform has been introduced by Barclays while B2B data capabilities by Adobe on its real-time Customer Data Platform.

The supply chain disruptions due to the coronavirus pandemic are ultimately introducing the accelerated transformation of trade finance - one of the financial business’s last paper-based holdouts into a digital business.

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