Numeral Fall 2024 product update

Our product and engineering team has been busy this summer to bring you 8 new bank integrations, new features, and multiple improvements.

Highlights include:

• New account verification capabilities for increased payment success rate and lower fraud

• Multi-currency accounts: manage all your accounts, including multi-currency accounts, from a central dashboard and API

• Many improvements to the dashboard and the Numeral developer experience

• 8 new bank integrations including Citi, HSBC and Barclays

Learn more about these capabilities below, and do not hesitate to contact us for more information.

An ever-expanding, pan-European bank coverage

This summer, we’ve integrated with 8 new banks: Citi, HSBC, Barclays, Vitesse, Swedbank, Mano Bank, Belfius, and Arion Banki.

Citi’s integration opens endless possibilities for our current and future customers, thanks to Citi’s global footprint and extensive payment offerings. We are glad to now support a bank trusted by many of the world’s largest companies across all industries.

Combined with existing and new integrations such as Barclays and our support for multi-currency accounts (more below), building a cross-border payment infrastructure has never been easier with Numeral.

Our integration with Vitesse enables us to better support insurance companies. From premium collections to claim funds management and delegated claims operations, insurance companies of all sizes have specific payments and accounts needs. They can now access Vitesse specialised payments and accounts services through Numeral’s API and dashboard.

See our bank coverage page for live and planned integrations.

Easier management of multi-currency accounts

Monitoring and managing multi-currency accounts is time-consuming. With multi-currency accounts, customers can monitor and manage all their accounts, including multi-currency accounts, from a central dashboard and API.

Customers can now retrieve the balances for each supported currency of a connected account from the dashboard and the API.

Multi-currency accounts are available for free for customers who have access to Cash visibility.

You can find more information about multi-currency accounts here:

• API reference

• Changelog

Increase payment success rate and decrease fraud with new account verification capabilities

Company registration number verification

Customers can now check, for external accounts recorded in Numeral that represent legal entities, the correspondence of the provided account number and company registration number.

Supported company registration numbers are SIREN, SIRET, and Intracommunity VAT for France and Intracommunity VAT for the Netherlands.

You can find more information about account verification here:

• Guide

• API endpoint

• Changelog

Company registration number is available to Account verification subscribers. If you are interested in Account verification, please contact us.

Bank code lookup: ensure account numbers and bank codes match

Using incorrect BICs can lead to payment failures.

With Bank code lookup, customers can easily retrieve the BIC associated with an IBAN to improve payment success rate and prevent potential fraud.

Bank code lookup is available:

• Using the API, through which customers can submit an IBAN and obtain the corresponding BIC in response

• In the dashboard when creating a payment order or an external account. Clicking on the “Lookup” button will automatically populate the Bank code field based on the IBAN

Bank code lookup is available to all customers and currently supports IBANs of the countries listed here.

You can find more information about bank code lookup accounts here:

• API reference

• Changelog

Improving our dashboard experience for payment and finance teams

Numeral customers can now visualise, for each reconciled payment or transaction, the reconciliation rule used by our automated reconciliation engine to reconcile said payment or transaction.

Numeral customers can access the details of each reconciliation rule configured in their environment.

This feature is available to customers who subscribe to Numeral automated reconciliations.

Improved webhooks management for developers

Better webhook events visibility in the dashboard

Numeral customers now can visualise in the dashboard, for each configured webhook, all the events sent to said webhook.

This improvement is available to all customers who have access to the dashboard.

Learn more:

• Webhooks documentation

• Changelog

Choose the right event delivery mode for your needs

Customers with large payment volumes might want to increase the webhook event delivery throughput.

To accommodate these use cases, customers can now choose between four event delivery modes on webhooks:

The default delivery mode is individual events. Contact us at support@numeral.io if you would like to change your event delivery mode.

Learn more in the documentation.