(IN BRIEF) Cleareye.ai has partnered with Lloyds Bank to enhance trade finance operations through advanced AI technology. Starting this month, Lloyds Bank will use Cleareye.ai’s ClearTrade platform, which employs optical character recognition (OCR), machine learning, and natural language processing to … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged AI, Cleareye.ai, INDIA, Lloyds Bank, Mariya George, modernization, partnership, Rogier van Lammeren, trade finance
(IN BRIEF) In a significant milestone for digital trade, Lloyds Bank has executed its first transaction employing an electronic Bill of Lading (eBL) on the WaveBL platform, marking a move towards entirely paperless exchanges in international trade. Partnering with Somerset-based … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged digital Promissory Note (dPN), Douglas Paull, electronic Bill of Lading (eBL), Federal Bank, Lloyds Bank, Mrs L V Rathna Mala, Ofer Ein Bar, Paperless Trade Deal, partnership, Paull’s Matting, Rogier van Lammeren, sustainability, WaveBL
(IN BRIEF) Lloyds Bank makes history as the first UK bank to integrate with the WaveBL electronic trade documentation platform, revolutionizing international trade processes for its clients. By leveraging blockchain-based electronic Bills of Lading (eBLs), Lloyds Bank facilitates swift and … Read the full press release
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