What’s new at BVNK?
Learn about the product latest updates.
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29
April
Embedded
Managed payments
Streamlined business onboarding for your customers
We've released Customer Onboarding API v2 for embedded partners. Submit business data in one request, then upload documents and sign agreements in any order. Includes clearer compliance guidance, stricter validation, and full webhook coverage to eliminate polling.
19
March
Managed payments
Embedded
Channel creation webhook and reversal traceability
Channel webhooks now fire at the moment of creation, giving you real-time visibility into channel lifecycle events. The webhook includes customer details to help you track which customer owns each channel. Reversal entries now include the original payout reference and UUID, making it easy to trace reversals back to their source transaction.
12
March
Managed payments
Direct
Enhanced payment tracking for ACH, Fedwire and Swift
Fiat payments now include comprehensive tracking references for ACH, Fedwire, and Swift. View tracking details in the Merchant Portal or via API: IMAD/OMAD for Fedwire, Trace ID for ACH, UETR for SWIFT transfers. This replaces MT103 documents, which SWIFT decommissioned in November 2025. Tracking information is also available in Proof of Payment extracts.
12
March
Managed payments
Beneficiary management update
We’re updating how fiat payout beneficiaries are managed in the BVNK portal to create a more streamlined, unified way to manage contacts in one place. Going forward, beneficiary information for both crypto and fiat payouts will live together under Contacts.
11
March
Direct
Managed payments
Enhanced fiat payment traceability with tracking references
Fiat payments now include tracking references (IMAD, OMAD, Trace ID, and UETR) to help you monitor payment progress across slower rails like ACH and Swift. View tracking details in the Merchant Portal or via API. This replaces MT103 documents, which Swift decommissioned in November 2025.
6
March
Managed payments
Self-managed payments
Recurring wallet transaction reports
Schedule daily, weekly, or monthly transaction reports for individual wallets: both fiat and crypto. Reports are automatically delivered in CSV or PDF format to your inbox. Gives you more granular control over reconciliation and monitoring without generating full account reports. Find the feature in your BVNK Portal.
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