Release Note

Release Note

Release Note

LendAPI’s v1.4 Release Notes: A Midweek Surprise! 🚀

LendAPI’s v1.4 Release Notes: A Midweek Surprise! 🚀

Nov 1, 2023

Nov 1, 2023

Nov 1, 2023

Hello, LendAPI community! We hope you're ready for some exciting news because we're breaking our release cycle to bring you the awesome LendAPI v1.4 mid-week release. That's right, we're shaking things up, and we have a 24/7 development cycle to thank for this special update.

Hello, LendAPI community! We hope you're ready for some exciting news because we're breaking our release cycle to bring you the awesome LendAPI v1.4 mid-week release. That's right, we're shaking things up, and we have a 24/7 development cycle to thank for this special update.

This week, we've been busy engaging with a wide range of financial institutions, including banks, credit unions, channel partners, and fintech venture capitalists. But before we dive into the release notes, let's share a few highlights of what's been happening at LendAPI:

🧠 Growing Our Team: We've doubled our engineering staff because building a fintech platform takes a village, and we're thrilled to have more talented individuals onboard to help us thrive.

🧠 CUSO Success: Our dearest Credit Union Service Organization (CUSO) just announced that their platform is ready to shine, and we'd like to think that LendAPI played a role in making it happen. Congratulations!

🧠 Bank Partnerships: We're actively working on forging partnerships with banks. The first is a Banking-as-a-Service (BaaS) collaboration, where banks can utilize our system to offer it to their fintech partners for L2B2F (LendAPI to Bank to FinTech) services. The second partnership aims to co-create a digital bank together, showcasing cutting-edge technology and business processes while possibly launching new banking products in the digital bank sandbox. We're truly honored to be having these conversations.

And yes, if you're a frequent reader of our newsletter, you might have noticed that we've discovered emojis! 😄 Now, let's get down to the core topic: LendAPI v1.4.

What's Included in LendAPI v1.4:

👉 Session Timeout Limits: Your session will now automatically log out after 30 minutes of inactivity for enhanced security.

👉 Mobile Phone Number in User Profiles: We've added a mobile number field to user profiles, which will be used for the next exciting feature.

👉 Multi-Factor Authentication (MFA): You can enable MFA, and upon login, you'll receive a text message with a one-time passcode (OTP). If you enable MFA at the enterprise level, all users within your organization will need 2FA for platform access, bolstering security. We're also working on enabling 2FA upon sign-up.

👉 Billing Enhancements: You can now view a PDF version of your monthly subscription statement under the Billing section.

We understand you might be wondering about the product builder we mentioned for v1.4. It turns out it's a more substantial project than we initially thought, and we don't want to offer it in bits and pieces. So, we expect to launch the product builder at the end of November. Stay tuned; it's going to be a game-changer! 🤞 With the product builder, you'll be able to create the products you desire with ease.

However, in case you haven't seen our tree builder, check it out below:

You can create as many trees as you like, and these nodes can be used to send emails, request documents, and guide users/applicants through a review queue.

If you have any questions or would like to schedule a demo, please feel free to reach out to us at info@lendapi.com.

Best regards,

The LendAPI Team

Hello, LendAPI community! We hope you're ready for some exciting news because we're breaking our release cycle to bring you the awesome LendAPI v1.4 mid-week release. That's right, we're shaking things up, and we have a 24/7 development cycle to thank for this special update.

Hello, LendAPI community! We hope you're ready for some exciting news because we're breaking our release cycle to bring you the awesome LendAPI v1.4 mid-week release. That's right, we're shaking things up, and we have a 24/7 development cycle to thank for this special update.

This week, we've been busy engaging with a wide range of financial institutions, including banks, credit unions, channel partners, and fintech venture capitalists. But before we dive into the release notes, let's share a few highlights of what's been happening at LendAPI:

🧠 Growing Our Team: We've doubled our engineering staff because building a fintech platform takes a village, and we're thrilled to have more talented individuals onboard to help us thrive.

🧠 CUSO Success: Our dearest Credit Union Service Organization (CUSO) just announced that their platform is ready to shine, and we'd like to think that LendAPI played a role in making it happen. Congratulations!

🧠 Bank Partnerships: We're actively working on forging partnerships with banks. The first is a Banking-as-a-Service (BaaS) collaboration, where banks can utilize our system to offer it to their fintech partners for L2B2F (LendAPI to Bank to FinTech) services. The second partnership aims to co-create a digital bank together, showcasing cutting-edge technology and business processes while possibly launching new banking products in the digital bank sandbox. We're truly honored to be having these conversations.

And yes, if you're a frequent reader of our newsletter, you might have noticed that we've discovered emojis! 😄 Now, let's get down to the core topic: LendAPI v1.4.

What's Included in LendAPI v1.4:

👉 Session Timeout Limits: Your session will now automatically log out after 30 minutes of inactivity for enhanced security.

👉 Mobile Phone Number in User Profiles: We've added a mobile number field to user profiles, which will be used for the next exciting feature.

👉 Multi-Factor Authentication (MFA): You can enable MFA, and upon login, you'll receive a text message with a one-time passcode (OTP). If you enable MFA at the enterprise level, all users within your organization will need 2FA for platform access, bolstering security. We're also working on enabling 2FA upon sign-up.

👉 Billing Enhancements: You can now view a PDF version of your monthly subscription statement under the Billing section.

We understand you might be wondering about the product builder we mentioned for v1.4. It turns out it's a more substantial project than we initially thought, and we don't want to offer it in bits and pieces. So, we expect to launch the product builder at the end of November. Stay tuned; it's going to be a game-changer! 🤞 With the product builder, you'll be able to create the products you desire with ease.

However, in case you haven't seen our tree builder, check it out below:

You can create as many trees as you like, and these nodes can be used to send emails, request documents, and guide users/applicants through a review queue.

If you have any questions or would like to schedule a demo, please feel free to reach out to us at info@lendapi.com.

Best regards,

The LendAPI Team

Hello, LendAPI community! We hope you're ready for some exciting news because we're breaking our release cycle to bring you the awesome LendAPI v1.4 mid-week release. That's right, we're shaking things up, and we have a 24/7 development cycle to thank for this special update.

Hello, LendAPI community! We hope you're ready for some exciting news because we're breaking our release cycle to bring you the awesome LendAPI v1.4 mid-week release. That's right, we're shaking things up, and we have a 24/7 development cycle to thank for this special update.

This week, we've been busy engaging with a wide range of financial institutions, including banks, credit unions, channel partners, and fintech venture capitalists. But before we dive into the release notes, let's share a few highlights of what's been happening at LendAPI:

🧠 Growing Our Team: We've doubled our engineering staff because building a fintech platform takes a village, and we're thrilled to have more talented individuals onboard to help us thrive.

🧠 CUSO Success: Our dearest Credit Union Service Organization (CUSO) just announced that their platform is ready to shine, and we'd like to think that LendAPI played a role in making it happen. Congratulations!

🧠 Bank Partnerships: We're actively working on forging partnerships with banks. The first is a Banking-as-a-Service (BaaS) collaboration, where banks can utilize our system to offer it to their fintech partners for L2B2F (LendAPI to Bank to FinTech) services. The second partnership aims to co-create a digital bank together, showcasing cutting-edge technology and business processes while possibly launching new banking products in the digital bank sandbox. We're truly honored to be having these conversations.

And yes, if you're a frequent reader of our newsletter, you might have noticed that we've discovered emojis! 😄 Now, let's get down to the core topic: LendAPI v1.4.

What's Included in LendAPI v1.4:

👉 Session Timeout Limits: Your session will now automatically log out after 30 minutes of inactivity for enhanced security.

👉 Mobile Phone Number in User Profiles: We've added a mobile number field to user profiles, which will be used for the next exciting feature.

👉 Multi-Factor Authentication (MFA): You can enable MFA, and upon login, you'll receive a text message with a one-time passcode (OTP). If you enable MFA at the enterprise level, all users within your organization will need 2FA for platform access, bolstering security. We're also working on enabling 2FA upon sign-up.

👉 Billing Enhancements: You can now view a PDF version of your monthly subscription statement under the Billing section.

We understand you might be wondering about the product builder we mentioned for v1.4. It turns out it's a more substantial project than we initially thought, and we don't want to offer it in bits and pieces. So, we expect to launch the product builder at the end of November. Stay tuned; it's going to be a game-changer! 🤞 With the product builder, you'll be able to create the products you desire with ease.

However, in case you haven't seen our tree builder, check it out below:

You can create as many trees as you like, and these nodes can be used to send emails, request documents, and guide users/applicants through a review queue.

If you have any questions or would like to schedule a demo, please feel free to reach out to us at info@lendapi.com.

Best regards,

The LendAPI Team