Platform Announcement

Platform Announcement

LendAPI Release v.1.6.2 - Tons of Features and Enhancements

LendAPI Release v.1.6.2 - Tons of Features and Enhancements

Jan 26, 2024

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Our eyes are melting, and It's all coming together now: 🤝

Firstly, a huge shoutout to everyone on the LendAPI platform who has been giving us constant feedback and helping us build out our ecosystem. The collaboration with our partners, from identity verification providers to bank core integrators, has been phenomenal. As Fintech enthusiasts, engineers, and product enthusiasts, we're thrilled and grateful for your support!

Our eyes are melting, and It's all coming together now: 🤝

## Thank You!

Firstly, a huge shoutout to everyone on the LendAPI platform who has been giving us constant feedback and helping us build out our ecosystem. The collaboration with our partners, from identity verification providers to bank core integrators, has been phenomenal. As Fintech enthusiasts, engineers, and product enthusiasts, we're thrilled and grateful for your support!

## Major Initiatives

Before diving into the exciting release notes, let's touch on a couple of major initiatives we've been working on:

### 1. Partnerships

We're actively building our ecosystem to include identity verification providers and bank core integrators. The goal is to make it seamless for end clients to integrate their API keys and start creating variables and rules using our Product Builder.

### 2. Product Enhancement

Our product roadmap is packed with enhancements, with a highlight being the multi-path feature on Product Builder. This allows clients to design multiple approval or decline paths, providing more flexibility in the customer journey.

### 3. Demo Sites and Templates

In the coming weeks, we'll be unveiling a range of product demo sites. These demos will showcase the end customer experience and offer a sneak peek into the client and administrative portals. All these can be rapidly built using our Product Builder, demonstrating the speed at which products can be developed with identity and credit decisioning.

## Decision Engine Education Series

Check out our Decision Engine education series for in-depth insights:

- [LendAPI Decision Engine Use Cases: Identity, Credit, and Product Rules Management](https://www.lendapi.com/blog/lendapi-decision-engine-use-cases-identity-credit-and-product-rules-management)

- [Decision Engine Core Components: LendAPI DIY Rules Engine with Visual Rules Editor](https://www.lendapi.com/blog/decision-engine-core-components-lendapi-diy-rules-engine-with-visual-rules-editor)

- [Decision Engine Example: Identity Verification or KYC with TransUnion TruValidate](https://www.lendapi.com/blog/decision-engine-example-identity-verification-or-kyc-with-transunion-truvalidate)

## Release Version 1.6.2 - Exciting Features

Now, let's get to the exciting part – Release Version 1.6.2, packed with new features and enhancements!

### Document Upload Module

Clients can now ask customers to upload any number of documents from the document template library. This feature enables seamless document management in various industries, including insurance, banking, and mortgage applications.

### Checkbox Consent Using Doc Library

We've implemented an essential compliance feature related to consents. Clients can now select the latest compliance checkboxes and consents directly from the document library, ensuring the right consents are saved as part of the application.

### Navigation Interface Cleanup

We've methodically cleaned up our navigation interface, categorizing customization drop-downs such as "workflow" and "document libraries" accordingly. Accessing local and global settings, templates, variables, and rules is now quick and easy before stitching it all together with Page Builder.

### API Enhancements

Our API suite has been upgraded with a new API endpoint allowing point of sale financing companies to create partners, brokers, or sub-tenants via an API. This feature provides ultimate control for clients with a merchant sign-up page on their website.

### Report

We've introduced a new daily status email feature for partners, ensuring improved communication and transparency.

## Conclusion

A big round of applause to our development team for moving major rocks and getting these key features across the finish line. If you have any questions, please visit our [website](https://www.LendAPI.com) or drop us a line at info@lendapi.com.

For more detailed information, check out the [full release notes]https://lendapi.substack.com/p/lendapi-release-v162-tons-of-features

*Stay tuned for more exciting updates from LendAPI!*

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