LendAPI Platform Update v2.2.0 - v2.2.2

What’s in store for all of us in LendAPI’s v2.2.x releases? We are building even more automation and flexibility and features in terms of various states of the application process. 

We’e already added more decision tree building automation in the first two releases of v2.2.x. We can’t wait to show you some of the more advanced features in credit underwriting rules studio in the future releases. We have all of those mapped out!

As far as compliance goes, we are all over it. The ability to send out NOAA or Notice of Adverse Actions contains more information straight from the credit reports and can be triggered at more places straight from templates you can edit yourself.

Overall Platform Updates

• We are allowing international mobile numbers to be used for our client to sign up. v2.2.1

• When our clients add more of their users (seats), the new admin users will get a welcome email v2.2.1

• We resolved an issue relating how the overall platform checking for session timeouts for our administrators v2.2.1

Product Studio 

• Our clients can finally send various emails at Application Review, Declined or Approved stages of the underwriting process. We provided templates for our clients to edit these email templates and assigned them to various stages of the application process. v2.2.0

• For some of our private clients, certain parts of the application process automatically loads data that’s either from an earlier API call or previous pages v2.2.0

• We reduced white spaces around the document upload widget in our Product Studio’s page builder widgets.

• Approved, Review, Declined page messages can not be modified and customizable in the Global Settings section of the platform v2.2.1

• For some of our private clients, we added more features for them to use in their product building process. This gives them more flexibility to change field labels and field positions.  v2.2.1

• We fixed a Decline Dialog box display issue v2.2.1

• For some of our private clients in the medical industry, they can now set the procedure date to the application/current day and set the dates into the future. v2.2.1

• We resolved a bug where some parts of the Product Studio does not function properly in Test Mode v2.2.1

• We resolved an issue where the field label contains an apostrophe. v2.2.1

• We enhanced the waiting spinner for certain widgets such as Flinks when the widget is in use after the product has been built. We made it nicer. v2.2.2

• We added a place where our clients can load PDF version of their privacy policy for their corporate website v2.2.2

Decision Studio

• We are implementing the first set of rule building automation features. The first one is that as soon as our clients start building the first rule, the default node is already highlighted. You no longer need to explicitly click on the root node to start the rule building process - v2.2.0

• We can lengthen or shorten the Caching look back period to allow more testing. v2.2.0

• We added more variables from TransUnion’s credit report to display all NOAA (Notice of Adverse Action) codes so our clients can use them in email templates to be sent to the customer at various stages of the application v2.2.1

• We can display whether an application used cached data or whether they are the source of the cached data. This makes it easier for administrator to determine which application took the advantage of cached credit decisioning v2.2.2

Pricing Studio

• N/A

Reports Studio

• N/A

Sub-Tenant Admin Features

• N/A

Integration Partners

• We resolved a bug relating to Experian’s Clarity Services. v2.2.1

• We added a delay to allow Plaid CRA to return their data load asynchronously. v2.2.2

 About LendAPI

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