Steinweg’s new online platform to digitize warehouse receipts in Asia, minimize fraud risks

C Steinweg Group has launched a new online platform to support the digitization of metal warehouse receipts in Asia aimed to reduce the risk of fraud associated with paper documents, Metal Bulletin has learned.

The new platform, named Steinweg Online, will allow existing customers to digitally create, sign off and send documents online, eliminating the need for paper, according to Steinweg’s website.
Steinweg declined to comment further when contacted by Metal Bulletin.
The platform also allows customers to view their stock position in real-time and give electronic orders for transfers of ownership and conditional releases.

“This platform aims to reduce business risk,...


Perrine Faye

November 02, 2017

16:11 GMT