What’s new at BVNK?
Learn about the product latest updates.
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30
June
Embedded
Direct
USD wallets now support Swift payments in your name
USD wallets on BVNK now support Swift payments in your name, with built-in reconciliation. Incoming cross-border transfers are automatically matched to your account – no reference codes needed. Send and receive USD internationally from the same wallet you use for ACH, Fedwire, and stablecoins.
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.
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