Enhancements

• We’ve introduced three new reasons you can include when permanently blocking a customer:

  • UNRESPONSIVE_CUSTOMER
  • DORMANCY
  • OTHER

• Moving forward, when PERMANENT_BLOCK is used, the customer's account will be considered closed, and they can no longer process any further activity.

• Applications rejected due to high risk or non-compliance will now be blocked from being resubmitted. Previously, such applications could be resubmitted but were rejected by our compliance team after review. With this change, applications that have been previously rejected will automatically be rejected without any wait.

  • Resubmission is still allowed for reasons unrelated to compliance, such as incomplete applications, typos, or incorrect addresses.
  • For individual customers, see Individual Customer Onboarding - Overview.
  • For corporate customers, see Corporate Customer Onboarding - Overview.

Enhancements

• We’ve released two new webhook events to help you manage cards:

  • Card Details Updated: This event is triggered to notify the client or cardholder when any card details are updated. For more details, see Card Details Updated.
  • Card Expiry Alert: This event is triggered when a card is approaching its expiration date. For more details, see Card Expiry Alert.

There are no changes for this time period.

Enhancements

• Our eKYC Onboarding APIs are now available for individual customers in Canada. For more details, see CA onboarding.

• Our OpenAPI spec is now available on GitHub. You can download and review our OpenAPI spec to help you build your integration with Nium. For more details, see our Nium OpenAPI repo.

• We've added ▶ Run in Postman buttons to several guides. These buttons give you quick access to our Postman collection and enable you to see how requests run in real-time. For an example, see Individual Customer Onboarding.

There are no changes for this time period.

Enhancement

• We've added additional fields to the remitter object used in the Transfer Money request to provide more details about the payout sender. Fields added include:

  • idExpiryDate
  • idIssueDate
  • originatingFICity
  • originatingFICountry
  For more details, see Transfer Money.

New Features

• Clients can now manually execute FX conversions. With this change, you're given greater control and flexibility over how funds get converted in customer wallets and the associated settlement timeframes.

  • Pass the new ExecutionType field when making requests to the /Quote API to indicate a manual scheduled FX conversion. This field defaults to at_conversion_time if nothing is passed.
    • FX conversions with the field ExecutionType set to at_conversion_time settle at standard time, 5 PM local time.
  • Manual scheduled FX conversions must be executed using the /Execute endpoint (within the ExpiryTime to transfer funds from the source currency to the destination currency within the wallet.
    • New fields:
      • ExecutionType: Set to at_conversion_time for timed conversions and manual for manual FX conversions.
      • ExpiryTime: This is a timestamp that indicates when the FX conversion expires. Manual conversions must be executed before this time.
  • We've also updated the following APIs:
    • Create Quote
    • Fetch Quote by ID
    • Create Conversion
    • Fetch Conversion By ID

Enhancements

• We've added a new compliancestatus query parameter to the Transactions endpoint. For more information, see:

  • Client Transactions
  • Customer Wallet Transactions

• Our manual KYB Onboarding APIs are now available for corporate customers in Canada. For more details, see CA Onboarding.

There are no changes for this time period.

Enhancements

• We've released a new version of our Fetch Supported Corridors API. This new version provides greater details about the corridor being used. Changes include:

  • Adding a mandatoryDataRequirements and supportingDocuments field.
  • Adding specifics around the transaction's limitations and turnaround time.
  For more information, see Fetch Supported Corridors V3.

• We've added the following query parameters to the Beneficiary List V2 endpoint.

  • beneficiaryName
  • beneficiaryAccountNumber
  • destinationCurrency
  • payoutMethod

Deprecation Notices

• We'll be deprecating Fetch Supported Corridors V2 within the next six months. As we prepare to do so, we'll surface more details. If you have any questions, reach out to the Nium Support team at anytime.

Enhancements

We've added a new complianceStatus query parameter to the following endpoints.

• Transactions
• Client Transactions

Enhancements

You can now use PGP keys (also called RSA security) to transmit sensitive data.

For more details, see PGP Prerequisites.

API breaking changes

• We've removed the BEN enum from the payout#swiftFeeType field in the Transfer Money request.

New features

• We have introduced a new feature to Nium Portal called Batch Payouts. With batch payouts, you can now effortlessly process multiple transactions in one go while ensuring all your payouts are handled seamlessly. Learn more about batch payouts from our blog.

  For details on how to create batch payouts, see Batch Payouts.

• We've released a Postman collection for all Nium APIs. Use the collection to build your integration.

  For more information, see Postman collection

New feature

We've released several new APIs related to Card Security and 3DS authentication.

These new APIs enable you to send and receive data in more secure manner (e.g RSA encrypted). For more information, see the following from our API reference:

• Show Security Details Encrypted
• Set/Reset PIN V2
• Fetch ATM PIN V2
• Add Or Update Passcode

Enhancements

We've made some improvments and fixes to our Google Pay Push Provisioning SDK to support EU and UK address verification.

For details on our Google Pay Push Provisioning SDK, see Google Pay Push Provisioning.

There are no changes for this time period.

New feature

We have introduced a new Webhook event type called CUSTOMER_COMPLIANCE_STATUS applicable for individual customers. This event is triggered when there is a change to the individual customer's compliance status. For more information, see the Customer compliance status event in our API reference.

Prior to this change you had to configure a separate URL to receive the customer compliance status from Nium. The new event update will improve the developer experience by simplifying the number of integration steps. You can now use the same URL configured to receive all Webhook events and subscribe to the new event.

You can also subscribe to the event type CARD_CLIENT_KYB_STATUS_WEBHOOK to receive the compliance status of corporate customers. The Callback to receive customer compliance status will continue to be supported.

Enhancement

We have introduced two new fields - ClientMarkupRate and MarkupRate - to help you apply FX markup rates to your customers.

• The ClientMarkupRate is the markup rate you negotiated with Nium.
• The MarkupRate field details the FX markup fees configured for your customer.
• If there are no fees configured for your customer, the MarkupRate will default to the ClientMarkupRate.

Both fields can be found in the response body of the following APIs:

• Create Quote
• Fetch Quote by ID
• Create Conversion
• Fetch Conversion By Id

Having these fields readily available offers a convenient way to charge FX markup fees to your customers and helps you further monetize your FX services for revenue generation.

There are no changes for this time period.

Other Changes

Enabled local Nigerian Naira (NGN) payouts to Nigeria for person-to-person (P2P) and business-to-person (B2P) use cases.

There are no changes for this time period.

There are no changes for this time period.

New feature

Introduced a new payment option FASTER_DIRECT_DEBITis now available as a fundingChannel in the Fund Wallet API. This option is available for eligible clients to choose between Faster Direct Debit and Standard Direct Debit in US.

Enhancements

For AUD currency transactions additional details will now be visible to the beneficiary. The enhancement will provide remitter name and other narrative information to the beneficiary leading to better transparency of each transaction benefitting both the sender and the beneficiary.

Other

The minimum supported value for VND local transactions is updated to 2000 VND due to the restrictions put in place by Nium's bank partner.

There are no changes for this time period.

New feature

Introduced Card Widget which provides embeddable html that shows Payment Card Industry Data Security Standard (PCI DSS) data in end user applications. The Nium hosted url for the embeddable html can be retrieved using the new Get card details widget API. This API is secured by JWT token authentication which is encrypted by AES RSA encryption algorithm.

New feature

Introduced a new Account Verification API on Nium's payments network. This feature is also commonly referred as Confirmation Of Payee. Using this feature, customers can ensure the money reaches the intended payee or beneficiary by verifying if the payee details including account number are valid.

Contact your Nium representative to activate this feature. Refer to the Account Verification (Confirmation Of Payee) user guide for more details.

Enhancements

• Updated the Remittance lifecycle user guide under the Transfer Money category with simulation account details that will allow you to create transactions in sandbox environment. With these instructions, you will now be able to replicate PAID, SENT TO BANK, and RETURN statuses and their state transitions.

• Introduced a new user guide on GPI tracking that offers insights into improved tracking for SWIFT wire transactions.

Other

Local ZAR currency payouts for P2P use cases have been temporarily deactivated due to a technical issue with our payment partner. Nium continues to support payouts for other use cases such as B2P and B2B. We are working closely with our partner to resolve this issue at the earliest.

There are no changes for this time period.

There are no changes for this time period.

New features

• Introduced a new Proof of Payment (POP) API to generate proof for the transactions that are in PAID status. You can use this API to download the proof of payment.

  • Proof of payment is a pdf generated by Nium to provide the necessary details of the transaction such as sender details, beneficiary details, transaction date & time, paid amount, fees, and FX rate.
  • You can provide POP documents to your customers or suppliers for enhancing transparency. Your customers typically use this document, also known as transaction receipt, for reconciliatiion, and for tax verification purpose.

• Introduced collections capability in Japan. To support this capability, a new data object, InvoiceDetails, is added to the request body of the Fund Wallet API.

  You will now be able to receive funds locally from individuals and businesses in JPY currency in real time and hold the funds in the customer wallets in JPY currency. You can also issue JPY virtual accounts to your customer wallets using the Assign Payment ID API. Contact your Nium representative to learn more about this feature.

• Introduced the Direct Debit capability for your corporate customers in Australia (AU). AU based businesses can now fund from their AU bank account into their Nium-issued wallets using Direct Debit. For this feature, the transactionType is shown as WALLET_CREDIT_MODE_DIRECT_DEBIT in the response body of Wallet Transactions API. Contact your Nium representative to activate this capability.

  Refer to the Direct Debit AU user guide for more details on this feature.

There are no changes for this time period.

Enhancement

Introduced a new field called referenceCode in the Cards 3DS OTP Webhook.

referenceCode is a unique value generated with each new OTP value. In the instance where the consumer can receive multiple OTPs for the same transaction, this can be leveraged to show the consumer which OTP is expected to be entered. This value should be sent in the SMS or Email along with the OTP and then displayed on the consumer screen.

Enhancement

We have added two new parameters in the gpi object to enhance the gpi details shared with you in Fetch Remittance Life Cycle Status API and Remit Transaction Sent to Bank webhook.

• forwardBankCode: Bank identification code (BIC) of the next participant bank to which the payment has been forwarded.
• remarks: Detailed description of the reasonCode. This interpretation is provided by Nium.