Product Update: January 2023

White-Label User Interfaces (UIs), the fastest and easiest way for companies to build and launch an embedded banking and lending experience. White-Label UIs are a suite of customizable Components and Apps that will significantly shorten time to market and minimize engineering investment, while still providing complete flexibility and control. Each Component and App is optimized for performance, speed, security, and compliance across mobile and desktop. (docs)

We released the first set of White-Label Components, specifically for Web, that will help you build card management, activity streams, account management, and payment experiences:

• Card Component. Allow customers to see and manage their various cards. Actions include activation, freezing/unfreezing, and more. 

• Activity Component. Display a transaction activity stream on an account or card level. 

• Account Component. Give customers the ability to manage their account information, view balances, and generate statements.

• Payments Component. Enable money movement between accounts, initially through free and instant fund transfers between two accounts under the same organization.

Ruby SDK. Enjoy a simplified integration and shorter time to market with Unit’s newest fully-featured SDK for Ruby. (docs)

Recurring ACH Debit Payments. You can now schedule future ACH Debit payments to be created and executed based on your definitions and needs. This is relevant for your customers who want to debit an account outside of your product and credit their account within your product on a monthly recurring basis. (docs)

Declined authorizations in Dashboard. When using the authorizations table on the accounts page, you can now see declines and the reason each authorization was declined. You’re also able to filter by declined authorizations. This makes it easier to provide customer service and uncover patterns of authorization issues.

Card Expiration. We’ve changed the default card expiration time from three years after issuance to four years after issuance. We’ve also enabled the ability for you to override that default expiration and choose an expiry month between three and five years. (docs)

Ready to bring your own financial features to life? Start building in minutes or request a demo.

Visit our features page to learn about existing capabilities, and explore our future releases using our public roadmap.

To see how existing customers are building on Unit, visit our customer stories page. To keep up with the most recent company and platform updates, subscribe to our updates.