December 20, 2021
Compliance
Auto-deny new accounts following a CIP check rejection
In order to reduce the time and effort to open an account, and to reduce human error and manual review, this feature auto-denies and closes an account if a CIP check decision is rejected.
For an account to be auto-denied and closed, an account must be:
status: pending
never opened before
zero balance
not an entity account (entity accounts have more than one contact)
The outcome of the auto-deny and closure feature is the same as the deny account option in Cloud Prime Trust.
Liquidity
Ability for a trade desk user to see its trade settlements
Previously, users with the trade_desks
role could not view trade settlements.
This update adds the ability for a user from a trade desk to see its trade settlements using /v2/trade-settlements
.
Payment rails
Webhook response for pre-created credit card contribution
This update to the credit card contribution flow introduces a webhook “updated” event for when a pre-created contribution completes and a funds transfer is created and successfully linked to a contribution.
Flow:
Integrator calls
POST /v2/contributions/token
to create the 'pre-created' contributionIntegrator uses the Credit Card widget to collect CVV and complete the contribution.
The system links the funds transfer to the contribution.
“Updated” webhook is sent out to the integrator.
Webhook update:
An "updated" webhook event is fired when a funds transfer is successfully linked to a contribution after a pre-created contribution was successfully completed.