In the 2019 Berne Union newsletter, an article by Shelley Schad of AXA XL discussed the challenges that the export credit insurance industry, banking, and other insurance sectors may face over the next decade.

The evolution of IT, including emerging technologies like Blockchain and Artificial Intelligence, as well as the rise of start-up companies, were identified as major factors contributing to these challenges.

"Distributed Ledger Technology has the potential to reduce trade finance operating costs by 50% to 80%."