February 21, 2024

We have improved the way transaction descriptions are displayed on Plaid Exchange. Previously, end users found the transaction descriptions to be unclear. With this update, each transaction will include the beneficiary’s name, the financial institution’s name, and the last 4 digits of the counterparty’s account number.
We have developed the capability to support interest-bearing Enhanced FDIC sweep accounts. If you would like to learn more about how to take advantage of interest-bearing sweep accounts with Treasury Prime, please contact your Account Manager.
We have fixed a bug that was previously displaying the OMAD output date in the Bank Console with the wrong format. This issue has now been resolved, and the dates are displayed in the MM/DD format.
The APY and footnote parameters are now required when creating a statement config object, as it is required to be included in statements per Reg DD.
- Note: even if the APY is 0.0%, customers still need to input it in the config field for it to appear on the statement. To learn more about our virtual ledger statements feature, visit our API Reference page.
We have improved the way APY is displayed on statements. It now reads “Annual Percentage Yield Earned” which aligns better with Reg DD.
Check deposits are now searchable in the Developer Dashboard and Bank Console.