ING brings certainty to trade finance that trumps a coin toss

Singapore

THE way to forecast cashflow in a supply chain can be as uncertain as a coin toss, but technology solutions rolled out by Dutch bank ING from its innovation post in Singapore are showing that there is some science in this trillion-dollar market.

The move by the bank to set up its innovation lab in Singapore in October last year is focused on sharpening the bank's niche in trade finance.