Dec. '24 Updates

This Changelog post details the updates made to the Newline Platform in December, 2024.

What We Improved

• Originating Bank Account Details for Received Wires:
  The last four digits of the originating bank account for inbound wire payments are now included in Transaction records and CSV reports.
• Wire Payment Details for Returns:
  Wire payment details are now published in Transaction records and CSV reports when a wire return is initiated through the Newline Returns endpoint. These details were previously missing from initiated_wire_return transaction records.

Why It Matters

• Streamlined Reconciliation:
  By adding originating bank account details for received wires, clients can easily identify wire originators, reducing the time spent on manual reconciliation.
• Enhanced Transparency for Wire Returns:
  Including wire payment details in return records provides a complete view of wire return transactions, minimizing manual follow-ups and ensuring more efficient tracking.