By all accounts, 2022 was an exceptional year for the receivables finance sector. But is the industry keeping up with the rapid technological advancements, evolving customer expectations, and a volatile macroeconomic and geopolitical environment. With the global economy continuing to be sluggish, SME businesses being underserved by financiers, credit risk ever-growing, and ESG, and other regulatory scrutiny intensifying, is the industry ready for the next push toward bridging the $2.5 trillion trade finance gap? Are we prepared for the global rise of new and existing financial and non-financial threats?
