Aug 29, 2024
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LendAPI Platform Update v2.4.2 - v2.4.3
We are back with two rapid releases that enabled us to get into a new embedded finance vertical as well as workflows for more complex underwriting scenarios where manual review is required.
Again, we give thanks for our clients and potential clients to make our platform even better and user friendly.
We also added more variables from our friends at MaxMind and achieved true integration status with Accelitas. Another badge earned.
We are hiring full stack, front-end and QA engineers. Please contact us at info@lendapi.com
Here’s what’s happening in LendAPI Platform v2.4.2 ~ v2.4.3
Overall Platform Updates
No changes
Product Studio
We added another widget to our tool set. This time, we added a “stopper” widget to allow the application to temporarily pause while back off staff examines the application and then sends a signal to the applicant to continue their application. This functionality is requested by one of our potential clients that works on larger loans which requires the bank’s underwriter to login and adjudicate the application as well as all the supporting documents uploaded thus far. This is now available in v2.4.2
We added another widget to our tool set to enable Embedded Financing workflow for store clerks to enter the final MSRP and other fees to generate a new lease agreement and promissory note for customers to sign. This is released in v2.4.3
We released an UI enhancement to render elements according to the data type in Product Studio. This is related to Boolean variables as well as Drop Down fields. This is released in v2.4.3
We released a new API specifically designed for Embedded Finance use cases where the ecommerce platform can use this API to pass PIIs to the check out experience so the customers don’t have to type their personal identifiable information again. This is released in v2.4.3
Rules Studio
We added Affliate_ID as a new parameter in LendAPI’s LeadBuy API. This API is designed to buy leads from various lead generators on behalf of our client. This is now available in v2.4.2
The LeadBuy API is now passing Client_IP and Client_User_Agent to MaxMind for further analysis. This is now live in v2.4.2
We fixed a bug which was introduced by direct API call to specific rule sets. This is now resolved in v2.4.2
Pricing Engine
No changes
Reports Studio
No changes
Sub-Tenant Admin Features
No changes
Integration Partners
We added more variables from MaxMind. These new scores and attributes are now available in v2.4.2
We are officially launched with Accelitas. Now you can use them for banking routing/account number validation. This is now available in v2.4.3
We launched a new API for a private client to interact with Pave.dev endpoints. This is available in v2.4.3
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.