Platform Announcement

Platform Announcement

LendAPI Product Update v1.7.5 - v1.7.6

LendAPI Product Update v1.7.5 - v1.7.6

Feb 29, 2024

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Hey folks, we are forging towards another batch of product enhancements at LendAPI. This build is now released into production.

LendAPI Product Update v1.7.5 - v1.7.6
LendAPI Product Update v1.7.5 - v1.7.6

About the release:

In other LendAPI news, we announced our partnership with Portx.io. This is an incredible opportunity for both companies to help banks to launch a completely new digital experience both in checking accounts as well lending. Read more about it below with a demo video.

https://www.lendapi.com/blog/lendapi-and-portx-forge-partnership-to-expand-into-digital-banking

LendAPI Product Builder Update

  • We added a feature where you can group fields together. For example, if you are collecting address information, we added a design element to have all the address fields into one section on the page.

LendAPI Credit Decision Engine Update

  • Nomenclature update

    • In some places we refer to Doc Upload Requests as Doc Library. We made that abundantly clear so when you are attaching a Doc Upload Request in your email template, you (us) aren’t confused.

  • No-Hits / Thin File

    • We added additional treatment to deal with no hits and thin file clients through the credit bureaus. We are able to disable the various reasons why the credit report returned a no-hit / thin-file.

  • Credit Risk Scoring API:

    • We updated the Credit Risk Scoring API to work with Experian’s Clarity Service’s xml schema 

LendAPI Platform Enhancement

  • We fixed a time-out issue where when the client is in a pop up module and if the session has timed out, we are now redirecting the user experience to re-authenticate themselves by asking the client to login again.

LendAPI Workflow Orchestration Platform

  • “Add Application” is now fixed in test mode

About LendAPI

LendAPI is a no-code, DIY digital onboarding platform with a fully customizable product builder and an integrated graphical Decision Engine. LendAPI’s application workflow, sub-tenant management, third party integrations plus customer portal and communication methods is a complete end to end solution. It’s free to sign up at app.lendapi.com/signup.