August 15, 2023

Core Platform
Issuance and Cards
Payouts and Payins

Enhancements

EU Corporate Customer Onboarding: Allows an application to be submitted without the collection of the REGISTER_OF_DIRECTORS and REGISTER_OF_SHAREHOLDERS documents for Public and Private companies when not required.
- Starting August 14, businessDetails.additionalInfo.businessExtractCoveredStakeholder is no longer validated, allowing an application to be submitted without these two documents.
- There are no longer any notes related to these documents in the remarks field in the response object of the Onboard Corporate Customer API.
- An RFI will be raised if either of these documents is required. Typically, when the BUSINESS_REGISTRATION_DOC does not contain the details of directors and shareholders based on customer input.
- See here for the complete list of required business documents for EU corporate customers.
EU, SG, and UK Individual Customer Onboarding: Has three additional parameters in the KYC redirect URL to help you better understand the status of a customer’s verification: errorCode, errorMessage, and isSuccess.
- This is applicable for the eDocument verification flow in EU, UK, and SG and applicable for the eKYC flow in SG.
- The isSuccess field is returned as true or false depending on the customer’s completion status of the verification flow with the vendor.
- The errorCode and errorMessage fields are populated whenever isSuccess is false.
US Corporate Customer Onboarding: All new US corporate customers registered in Delaware and New Jersey require a CERTIFICATE_OF_GOOD_STANDING document.
- If not provided, this document appears in the remarks field in the response of the Onboard Corporate Customer API, and the application stays in the IN_PROGRESS status until the document is provided.
- Impact:
  - The enum value CERTIFICATE_OF_GOOD_STANDING has been added to the enum list of the businessDetails.documentDetails.documentType field in the Onboard Corporate Customer API.
  - The CERTIFICATE_OF_GOOD_STANDING is a required document when the address.registeredAddress.state field is DE or NJ, and the application stays in the IN_PROGRESS state until submitted.
  - See here for the complete list of required documents for US corporate customers.
- Items available for testing in the sandbox environment:
  - The enums list added CERTIFICATE_OF_GOOD_STANDING, and the remarks field is available for missing documents for both eKYB and Manual KYB clients.
  - By August 22, Manual KYB clients can use the remarks field for CERTIFICATE_OF_GOOD_STANDING documents.