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A Message From Our Team
Happy October! 🎃 Fall into our latest batch of updates designed to make managing your financial institution even smoother. This month, we're excited to highlight new features for the Banno Support app case queue, seamless browser-based key generation for developers, the launch of our new Origination Pilot & Beta Hub for lending and deposits, and so much more. Dive in below to see what's new!
Required Fields Identified for Wires
We know that ISO 20022 has been a learning curve, and we want to help your business users continue to navigate this new road with more guidance during wire creation.
To start, if any ISO 20022 required fields are not filled out, Banno will highlight all missing fields. The Amount field has also been moved up higher on the wire form.
These changes help ensure that if a wire is equal to or greater than $3,000, your business users are in compliance with the FinCen Travel Rule and that they can easily identify any additional fields they need to complete. This includes the Building/Street #, Street name, Country subdivision, and Post code fields.
No support ticket or additional contract is needed. The feature is live on Mobile for all Banno Business customers on Symitar, SilverLake, or CIF 20/20, and it will also ship soon for Online.