General Files Specs
About These Shared Specifications
This page includes foundational file specifications used across both the EDAS and Card Issuing Sponsorship programs.
`These shared resources—covering Accounts, Business, Beneficial Owners, and Exemption Reason Values—are essential for maintaining compliance, reconciliation, and secure data exchange across Newline’s banking infrastructure, powered by Fifth Third Bank.
The Accounts entity represents an account that can be associated with either a business or a person. This entity contains all relevant details about the account, including its status, balance, and associated identifiers.
A business represents a legal entity that holds an account and may be associated with beneficial owners. Business records contain essential information used to identify, verify, and manage the entity within Newline’s banking infrastructure, supporting both the EDAS and Card Issuing Sponsorship programs.
A beneficial owner is a natural person who either owns a significant portion of a business or exercises substantial control over it. Beneficial ownership data is a critical component of regulatory compliance, particularly for Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements. Each beneficial owner is uniquely identified and linked to a business and account, with detailed personal, identification, and ownership information.
Exemption Reason Values identify specific legal or regulatory categories under which a business entity may be exempt from providing beneficial ownership information. These values are used to support compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, particularly in scenarios where certain entity types are not required to disclose individual beneficial owners.
For program-specific file formats, please refer to the EDAS File Specs Page or the Card Issuing File Specs Page.
Updated 7 days ago