Platform Announcement

Platform Announcement

LendAPI Product Update v2.3.6 - v2.3.8

LendAPI Product Update v2.3.6 - v2.3.8

Aug 8, 2024

Summertime is coming to an end and to celebrate we are all about launching partners and clients in these three releases. 

We’ve also happy to announce that we’ve met all of our goals for the quarters in terms of number of clients onboarded, number of strategic partners onboarded and of course our sales and revenue goals. 

We want to take the time and look back at the past four months since launch and give our thanks and gratitude to all of our partners, clients, and everyone that reached out to us and helped to get on the right track.

Every call, every interaction is a chance for us to learn. We are heads down on developing new widgets, plug-ins to enter the embedded finance arena with some really great clients. We can’t wait to tell you more.

LendAPI Product Update v2.3.6 - v2.3.8
LendAPI Product Update v2.3.6 - v2.3.8

We have a new blog out titled “Decision Engine - Complete Do-it-Yourself Guide. We also have newly recorded platform demo shorts on our youtube channel.

We are also looking for a staff engineer. If you’ve known to be a good coder and well versed in Python, we would like to talk to you. You must live in Orange County, southern california. Please email us at info@lendapi.com for more information.

Here are our release notes in v2.3.6 and v2.3.8

Overall Platform Updates

  • We made more optimization enhancements to make the e-sign process faster with a new module. This is now available in v2.3.6

  • We made several changes to our security protocol to use UUID for document library and document upload. This is now running in v2.3.6

  • We launched a new Lead Buy API for our customers to buy leads from our Lead Generator partners. This Lead Buy API will run through decision trees as usual, built by you in the Rules Studios module. This is now available to use in v2.3.6

  • We also optimized the App Detail load speed as well. This is now available in v2.3.6

  • We fixed an issue when synching strategies from test to live mode where some of the variables were duplicating. This is fixed in v2.3.7

  • We fixed an issue where variables were overlaying in some instances in an email template. This is now fixed in v2.3.8

  • We also fixed a sub-tenant application view issue in v2.3.8

Product Studio 

  • You can now link a Plaid rule on the same page as where the Plaid widget is fixated on your Product Studio pages. Prior to this fix, you will have to run Plaid rules on the following page which is confusing. This is available now to use in v2.3.6

  • The Plaid widget now mentions the Tenant’s name. If you are Bank of California for example, when you fire off the Plaid Widget build through the Product Studio, Bank of America’s name will be part of the Plaid Widget. This is to make the entire customer experience more private-labeled. This is available in v2.3.6

  • We made several improvements to how you can build multi-product offerings. This is where you can present Checking Account, Credit Card, Loans etc all in one offer page. In subsequent releases, these products can also run their own perspective Underwriting and Pricing rules to make it truly multi-product risk based pricing. This is now available in v2.3.6

  • We made a change to one of our client’s flows where e-sign is the default path. This was launched in v2.3.6

  • We made a small bug fix to keep Test Mode and Live Mode’s product launch URL separated. This was causing an unintended 404 error. This is fixed in v2.3.6

  • We added a Distribute Fund button for clients that needs to send funds to their retail partners. This is added in v2.3.7

  • We added a push to servicing button for clients that need to review their application before manually pushing the approved application to their servicing department. This is available in v2.3.7

  • We removed some navigational arrows in the product builder to reduce consumers from accidentally navigating away from their pages. This is now available in v2.3.8

Rules Studio

  • No changes

Pricing Engine

  • We made an enhancement to prevent duplicate columns in setting your pricing strategy. This is now released in v2.3.6

Reports Studio

  • No changes

Sub-Tenant Admin Features

  • We made a change for you to manage your sub-tenants better. The /api/sub-tenants/ API is now returning the application page URL. This is fixed in v2.3.7

  • We fixed an issue where our Tenant’s sub-tenant application pages had an issue with consent pop-ups. This is resolved in v2.3.8

Integration Partners

  • We loaded even more variables from our new partner Pave.dev into the variable library to support our client’s underwriting strategy. This is upgraded  in v2.3.7

  • We fixed the Plaid’s “CRABase is required” issue for Plaid CRA Income and Plaid CRA Partners to work. This is fixed in v2.3.8

  • We have a new Integration Partner UGA Finance in our Integration Partners section of the admin dashboard. UGA is a loan servicing and loan management platform. This integration is now available in v2.3.5

  • We resolved another issue with Decision Logic’s webhook URL. This is resolved in v2.3.8

About LendAPI

LendAPI is the only digital onboarding platform for banks with a suite of Product Studio, Pricing Engine and Rules Studio working in concert all in one platform. Follow us on Blog, Linkedin, X, YouTube.