September 2024

Dear Valued Client,

Welcome to the September 2024 edition of the Woodcore product updates! This month’s release introduces new endpoints, refines internal features, and strengthens security measures to provide you with even greater efficiency and control. Let’s dive into the latest updates.

Improvements 🌟

View Internal Guarantor

We have improved the "View Internal Guarantor" functionality by displaying the guarantor's last name on the loan's internal guarantor page and linking the guarantor to their related savings account. This enhancement improves record accuracy and facilitates quicker verification processes.

To view the internal guarantor for any loan,

1. Navigate to Business >> Clients >> Loans on the CBA and select an active loan account.

   
   

2. Click on the View Guarantor button.

   
   

3. The guarantor’s details are displayed. Click the More button to view more details about the guarantor.

   
   

Spark API Security Updates 🔐

Remove IP Whitelist – Spark Security

To enhance security and provide a more dynamic access system, we’ve provided an internal endpoint to remove the IP whitelist feature under Spark Security. This update ensures improved adaptability without compromising your platform's protection. Please contact our support team if the need arises to remove whitelisted IP addresses from your API Keys.

Standing Instruction Endpoint for Loan Account Creation

We’ve added a new parameter known as createStandingInstructionAtDisbursement to the loan account creation endpoint to streamline loan account creation with standing instructions. This feature simplifies automating repayments, ensuring a seamless and error-free loan management experience for your operations.

Fetch Client Tiers

We've created a new endpoint to retrieve all client tiers available on a tenant. This feature enhances customization by enabling you to access detailed tier information.

Create Endpoints to Fetch All Charges and Retrieve a Charge

Managing charges is now more efficient with new endpoints to fetch all charges and retrieve specific charges. This enhancement ensures transparency and provides a better user experience regarding all available charges.

Conclusion

These updates highlight our commitment to improving workflow, bolstering security, and increasing transparency. Should you have any questions or require further clarification, our support team is always ready to assist.

Thank you for trusting Woodcore as your preferred core banking solution.