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Version 3.28

· 3 min read

Data Insights - Transaction Amounts Alignment​

Currently, in the following dashboards on Data Insights, all Transaction Amounts are displayed in your Billing (Reporting) Currency:

  • Card Authorisations
  • Card Settlements
  • Managed Accounts Incoming Transfers
  • Managed Accounts Outgoing Transfers
  • Sends Overview

Following this release, the definitions of transaction amount columns within the Details tables will be aligned across all dashboards to ensure consistency and uniformity as follows:

  • Transaction Base Amount: amount in your billing currency
  • Transaction Amount: amount in the original transaction currency

Note that all other charts across these dashboards will not be impacted with this change and will still show amounts in your billing currency (i.e. Transaction Base Amount).

Corporate due diligence - requesting additional details through questionnaires​

Additional steps are being introduced in the Corporate KYB process flow, where through a questionnaire, details will be requested on the company itself and its directors. For the company, questions relate to business activity and expected volumes, whilst for the director performing KYC, questions relate to confirmation of PEP status.

The industry and source of funds information that is currently collected via the Create Corporate API will now be requested directly from the root user via the questionnaire. As such, the industry, sourceOfFunds and sourceOfFundsOther fields in the Create Corporate API will be deprecated (and set as optional for now) so that you do not have to request this information during your registration process.

The APIs affected are as follows:

  • Post /multi/corporates , Get /multi/corporates , Patch /multi/corporates

    • industry, sourceOfFunds and sourceOfFundsOther have been deprecated
    • 409 SOURCE_OF_FUNDS_OTHER_MISSING has been removed

  • Post /multi/consumers/kyb

    • 409 INDUSTRY_MISSING and 409 SOURCE_OF_FUNDS_OTHER_MISSING have been removed

Corporate due diligence - requesting additional details and documents for UBOs​

As part of the information requested during onboarding, when UBO details are being provided, the percentage of company ownership now needs to be entered for the individual UBOs.

For each UBO, a copy of the Id document as well as a proof of address document need to be uploaded by the root user, through a link provided. (Note that if the Id document contains the address, then this can be also used as the proof of address document.)

Production API Rate Limit​

Following our commitment to ensure high levels of service and availability, since 1st of December 2022 API rate limits for Sandbox environment have been in force.

From 27th February 2023, limits will also apply on production that are appropriate to the needs of your application, whilst preventing abuse. Limits can be increased on request by contacting support and will be based on your legitimate usage.

If API requests exceed these limits, an HTTP status code (429 - Too Many Requests) will be returned on each request to indicate this condition, until the frequency time window has elapsed. See response code 429 in the API documentation for more details.

View SCA challenge details per transaction type in the Innovator Portal​

You can now view the SCA challenge details of your Send and OWT transactions, directly from the Innovator portal. All SCA challenge activity and history initiated by your users can also be tracked in the Innovator portal user’s details screen.