The Digital Container Shipping Association (DCSA) has introduced Identity Exchange, a digital tool to streamline business identity verification in shipping and logistics. The platform provides verified company data, achieving a 95% success rate in delivering accurate information. DCSA aims to enhance compliance efforts and expedite partner onboarding processes through this solution.

DCSA’s chief product officer, Niels Nuyens, highlighted that Identity Exchange reflects the industry’s digital transformation efforts. The tool, developed in collaboration with founding member carriers and sector partners, aligns with operational requirements within container trade. Available via web interface and API integration, the platform offers a limited trial period for interested organizations.

Global Shipping Business Network (GSBN) announced that IQAX became the first company to incorporate DCSA’s electronic Bill of Lading (eBL) API schema version 3.0. DCSA’s initiative aims to streamline identity checks in container shipping, supporting compliance with international regulations and sanctions. The product aims to facilitate daily operations and contribute to industry digitalization efforts.

Read more at Yahoo Finance: DCSA launches new product to streamline identity checks in container shipping