Platform Announcement

Platform Announcement

LendAPI Platform Update v2.5.2

LendAPI Platform Update v2.5.2

Oct 6, 2024

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We had a busy week this past week. Lots of demos and on-site visits with banks and lenders. Everyone is ecstatic when they see our all in one platform. We are in the process of launching a few clients and this release has a lot of features that allows us to be even more flexible when it comes to building certain applicant experiences.

LendAPI Platform Update - v2.5.2
LendAPI Platform Update - v2.5.2

In our subsequent releases we will finally unveil our new and refreshed UI. We will continue this journey and release more UI refreshes in v2.5.x and spend the rest of October 2024 on UI/UX refresh and redesign.

We are also diligently working on some bigger features supporting our product studio and decision engine that we will release soon. These new features will help you to do more tests and figure out optimality for our clients specific application paths. We can’t wait to show you more.

Send your questions to info@lendapi.com as usual and say hi on our social media pages. Here’s what’s really happening in v2.5.2

Overall Platform Updates

  • We nixed a few bugs that were plaguing the sign up process. This is fixed in v2.5.2

  • We deployed another webhook that will record all the failed events. This is released in v2.5.2

  • We addressed a bug that’s related to the login process that was interfering with the Test Mode. This is fixed in v2.5.2

Product Studio 

  • We fixed the secured card process that was not shown in the mobile view. This is fixed in v2.5.2

  • We fixed an issue where the MLA (Military Lending Act) flag aws pushing certain applications into the review queue. This is fixed in v2.5.2

  • We address a problem where Mobile OTP (One Time Password) was not working if the Mobile OTP widget was used on page 1 of the product studio build process. This is fixed in v2.5.2

  • We resolved another Page 1 issue where the welcome page for lead buy process was showing payroll information as opposed to the actual loan offer on the welcome page. This was released in v2.5.2

  • There was an issue with E-sign disclosure not showing up in Test Mode. This was fixed in v2.5.2

  • We released our Lead Buy applicant flow. This new application experience is now released in v2.5.2.

  • We released additional form validation to check minimum and maximum numbers for certain fields in the product studio build process. This is released in v2.5.2

  • We upgraded the Product Studio code base in test mode as well. This is released in v2.5.2

Rules Studio

  • We added a Lead Identity UUID for clients to keep track of all their leads uniquely. This is released in v2.5.2

  • We added a credit report freeze flag to indicate which applicant had a credit freeze on their credit report. This is released in v2.5.2

Pricing Engine

  • No changes

Reports Studio

  • No changes

Sub-Tenant Admin Features

  • No changes

Integration Partners

  • We finished integration with Accelitas AI (Accelerated Insight) product. To learn more about this product, please visit here. This is integrated in v2.5.2 

  • We added Mastercard's Ekata to our caching logic. This is released in v2.5.2.

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!