October 30, 2024
October 30th, 2024
Back-to-school season has been a busy one here at Aria! We’ve rolled out several updates designed to make moving money easier and more efficient for you.
This list of new features provides useful insights for anyone interested in Credit Limit and KYB flows.
Next API breaking changes
- (December 4) A set of breaking changes around Credit limits and Debtors will be added to the product to improve the overall experience.
- (Coming soon) New Credit limit refusal reasons will be added to the current list, you can see the new ones in our updated guide.
Frozen credit limits
- Credit limits now display new information indicating a temporary freeze if late debtor repayments are detected. This update provides you with early visibility, helping to prevent unexpected, blocked Loans.
- This information is now accessible through our API and will soon be available on our newly redesigned dashboard.
Credit limit allocations
- You can now request a specific Credit Limit allocation for a Debtor, allowing your company to guarantee a set amount if Aria’s initial limit doesn’t meet your financing needs. This allocation can be requested directly on our dashboard, with contract signing included.
- Please contact your dedicated account manager to enable this feature. A complete guide is available here: Credit limit allocations guide.
Onboardings
- Our new Onboarding feature allows you to manage and track the registration of your beneficiaries in a fully compliant way on our platform.
- It provides visibility into the onboarding and KYB status of beneficiaries, enabling you to monitor each document’s progress and see specific reasons for any rejections via API or through a dedicated portal link.
- This feature is being gradually rolled out to clients based on their specific needs, with our team reaching out to those who may benefit from it.