Who Am I?

As we nearing the middle of our v2 release, we are taking a moment to look into the future of this platform and we did a little bit of soul searching. Who are we really?

Are we a digital onboarding platform? No, we do much more than form filling on top of a CRM. Are we a loan originations platform? No, people build some really bizarre and amazing workflows inside of our system that have nothing to do with loans. Are we a decision engine? Not really, we let you design, test and deploy any logic expression with an UI interface and it interacts with users without ever having to touch a line of code.

When you think about building a website together, you will need a webmaster 30 years ago. But now, you can goto Wix, GoDaddy, SquareSpace and launch and design anything you want within seconds. We are creating that same experience with LendAPI.

We want to create the same magical experience and delight when you want to launch your own application in embedded, lending, banking or fill-in-the-blank worlds. We are here to help.

That said, we are taking another small step towards that magical place and here’s what is going on in LendAPI’s v2.4.8. 

Overall Platform Updates

• We fixed an issue with emails to the customers that didn't attach the final offer, it was attaching the pre-qual offer. This is now resolved in v2.4.8

• Displaying all of the dynamically generated data from the Product Studio  in the application portal. This is released in v2.4.8

• We optimize the query in the sub-tenant look up section of the Application Dashboard. This will dramatically speed up the application dashboard. This is released in v2.4.8

Product Studio 

• We made more changes to a specific state flow for spousal consent. This is released in v2.4.8

• We also released additional enhancements to the Secured Card flow from our client. This is now released in v2.4.8.

• We fixed a labeling issue of the last tab in Product Studio. This is resolved in v2.4.8

• We added a Withdraw status in the application builder to allow an application to be withdrawn by the applicant. This is released in v2.4.8

• Labels and Checkbox controls now have alignment settings to set them to be left, center or right. This is released in v2.4.8 

Rules Studio

• We resolved an issue where duplicated variables can be added in Test Mode. This is resolved in v2.4.8

• We will hide the “Submit for Approval” button unless changes are made to the current rule-set to prevent accidental submissions. This is resolved in v2.4.8

• We resolved an issue which happens rarely that results in the studio crashing during editing mode in our Rules Studio. This is resolved in v2.4.8

• We resolved some typos in our Sub-tenant management API. This is available in v2.4.8 

• We added a boolean return of True/False on pagination. This is available in v2.4.8

• We added a new get_subtenant API for a specific subtenant. This is now available in in v2.4.8

• We also cleaned up various typos in our general API offerings. This is cleaned up in v2.4.8

• We released a brand new API to call our Pricing Engine directly. This is released in v2.4.8

• We released a LendAPI Pricing API which lists all pricing strategies through this API. This is released in v2.4.8

• We released another pricing API which lists all the parameters needed to run the specific pricing algorithm. This is released in v2.4.8

• We release yet another pricing API which runs the pricing algorithm based on the parameters fed into the specific pricing algorithm in questions. This is released in v2.4.8

Pricing Engine

• No changes

Reports Studio

• No changes

Sub-Tenant Admin Features

• No changes

Integration Partners

• We integrated into various control cards or rule-sets within the Experian Clarity Service’s accounts for specific clients. We are also executing rules based on each control card’s product endpoints and continuously water-falling to other control cards upon approval outcomes from the previous decision trees called up based on the immediate prior control cards at Clarity. You get a medal for sitting through that description. This is released in v2.4.8

• We released the chaining effect mentioned in the previous ticket with respect to how Experian Clarity Service’s offering is presented. This is released in v2.4.8

• We’ve made modifications to LendAPI’s LeadBuy API to take advantage of the chaining effect with respect to Clarity Services offering at Experian. This is available at v2.4.8

• We added Current_Balanace_Minimum_Past_xDays from Pave into LendAPI’s Variable Library. This is added in v2.4.8 

About LendAPI

LendAPI is the only digital onboarding platform for banks with a suite of Product Studio, Rules Studio, Pricing Engine, Integration Marketplace and Variable Library all working in concert on one platform. Follow us on Linkedin, X, YouTube and our “Two Minute Demo Video!”