Are BPOs and eLCS the VHS and Betamax of trade finance? Part II

Part II of a case comparison of the latest advances in trade finance covers BPOs and eLCs. Are they mutually viable in the long-term?

By Dan Bland

Apr 14, 2014

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Throughout the 1980s, a war raged over a new customer group made available by technology advancements – the so-called video format wars. Sony and rival promoters of home video technology cut prices and fought over distribution of Betamax tapes or VHS in a market battle that is discussed in business schools throughout the world today.

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Digitalisation Banks & Service Providers Trade & Supply Chain Finance Treasury Themes