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Highlights

  • Manual, paper-based bank guarantee management processes are prone to fraud risks and potential losses and lack tracking and reporting for all parties.
  • The Digital Bank Guarantee platform from Quartz, built to support the SaaS model, helps banks digitally transform the end-to-end lifecycle of guarantees, including issuance, modification, termination, and invocation.
  • The hyper-automation using blockchain technology makes the bank guarantee management process simpler, quicker, and more secure, providing a single source of truth across multiple parties.