Martin Bailey, Director of Innovation and Ecosystems, Temenos
“Presenting documents under a letter of credit or collection transactions between customers and their banks and between the banks themselves, is still predominantly a paper-based process. Said, Boaz Lessem, Chief Legal, Regulation and Partnerships Officer at WaveBL “With the coming into force of the new Electronic Trade Documents Act 2023 in the United Kingdom and the anticipated acceleration in the global digitalization of international trade, WaveBL’s availability on Temenos Exchange further extends our commitment to the banking community and enables Temenos customers to easily migrate from a paper-based presentation process to an electronic based one. We look forward to leveraging the power of the Temenos platform to revolutionize the way banks and financial institutions accept electronic trade documents from their customers and to help us achieve our business goals.”
Visit: https://www.temenos.com/community/exchange/providers/wavebl/