May 10, 2024
LendAPI is entering its 3rd month in business and we have signed up a new client in the personal loans space. These fine folks are into near prime and subprime loans. They are using our decision engine as well as our scoring engine to execute their latest underwriting strategy. Our data science and engineering team worked hand in hand to get all the APIs and endpoints modified and ready to roll. As we venture further into May 2024, we are hoping to onboard more clients that utilizes our Product Studio as well as our Rules Studio. Stay tuned for more good news.
Hello LendAPI users, we have three more release candidates since we last talked to you. So much has happened for the better. We are continuing to listen to our clients' feedback and getting better by the day.
We also upgraded our infrastructure and our computing power. Some of these things we don’t really talk about but both our QA and Production environments have been upgraded with larger CPUs and more memory to speed things up. We are also future proofing ourselves a bit and getting ready for more clients to be onboarded.
Please contact us if you want to join our Marketplace as well as a private demo. You can always reach out to us on our website lendapi.com or send us an email at info@lendapi.com. If you are bored, check us out on Linkedin and our Youtube channel.
LendAPI Platform
Removed Product Type during the sign up process v2.1.0
Dialog boxes have gone through a UI unification process to present them in a more uniform fashion. v2.1.3
Make all search boxes in listing views with the same UI treatment. v2.1.3
LendAPI Merchant Onboarding and Management
No changes
LendAPI Product Studio
Show multiple product offering on the offer page v2.1.3
Prove continue button can now trigger rules and next page v2.1.3
LendAPI Credit Decision Engine and Offer Engine
New clients and signups are defaulted to Offer Engine v2.0, older clients are using offering engine v1.0 unless upgraded. v2.1.0
We have a new dual control feature where modified or newly built rules are going through a submission process for higher level approval. This is one to give banks a second chance to double check underwriting changes before entering into production. v2.1.1
We optimized the speed for variable listing in Variable Library v2.1.2
Show variable description in Decision Tree Studio while editing v2.1.3
LendAPI Workflow Orchestration Platform
Fixed a duplicate decision table issue v2.1.2
Verification emails are using Parent Tenant email templates v2.1.3
LendAPI Third Party Integration
Prove URL is now configurable. v2.1.0
Plaid CRA base report variable calculation v2.1.0
Plaid CRA bank asset report v2.1.0
We fixed a few TransUnion variables v2.1.0
We upgraded the PortX integration for their demo bank site v2.1.0
We completed Equifax integration v2.1.1
400+ Equifax scores and variables are now available in Variable Library v2.1.1
LendAPI Bug Squad
We fixed an issue in our Product Studio that the next steps aren’t saving, especially in the multi-product onboarding mode. v2.1.0
LendAPI Private Clients
Added Payments Tab to the application view. v2.1.0
Display more application data in the application view v.2.1.1
Support Loan Data Input through an enterprise API v2.1.1
Fixed a reject API response scenario v2.1.2
Fixed a loan offer display order v2.1.3
Changed the tab display order v2.1.3
Fixed the approved/review/denied status per client’s blackbox API response v2.1.3
About LendAPI
LendAPI is a DIY digital onboarding platform with a fully customizable product builder and an integrated graphical Decision Engine. LendAPI’s application workflow, sub-tenant management, third party integrations plus customer portal and communication methods is a complete end to end solution. It’s free to sign up at app.lendapi.com/signup.