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Boex Release 3.0.0

The Latest Release Is Live: Here’s Everything That’s New

Nathan Simms avatar
Written by Nathan Simms
Updated over 5 months ago

We’re excited to roll out Release 3.0.0, a major platform update packed with smart enhancements to make your trade experience faster, easier, and more secure. From AI-powered document handling to streamlined onboarding and sleek interface upgrades, this release is all about making BOEX more powerful and intuitive for every user.

Here’s a quick look at what’s new and improved:

🔹Document Support Upgrade (Automated Data Extraction)

  • The system can now automatically read and process more trade-related documents using AI including:

    • Letter of Credit (LC)

    • Consignment Security Declaration (CSD)

    • Cargo Insurance Document (CID)

    • Two types of Cargo Manifests (SCM & ACM)

    • Customs Declarations (CD)


🔹 KYC (Know Your Customer) & KYB (Know Your Business) Improvements

  • Trust-based onboarding: Business owners can now invite other companies as a "vouched" (trusted) organization - minimizing their verification requirements . (New feature) 🔥

  • Free premium subscription: Vouched companies get a temporary free plan if they complete full KYB verification.

  • Simplified onboarding: Invited companies get their KYC/KYB forms partially filled automatically.


🔹 User Experience & Design Improvements

  • Improved first-time experience when testing a Bill of Exchange.

  • Visual updates:

    • "Request Changes" button is now in blue for better visibility.

    • Improved dropdown controls for consistency.

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