We’ve recently shipped our second full release of 2022, named, “Feijoada.” As mentioned in our previous release, our product releases will bear the name of some of our favorite Notabeane dishes. Feijoada is a Brazilian or Portuguese stew of black beans with pork or other meat and vegetables, served with rice.
What's in our Feijoada?
Feijoada’s features include user experience improvements, updating outgoing transactions, validating outgoing transactions per originator's jurisdiction, and language localization. Learn more below.
1. Learn which counterparty VASPs are “verified” or “claimed”
To improve user experience, we rolled out a series of quick fixes to the VASP directory UI:
- "Claimed" to VASP profiles - indicates that an employee of the company has claimed the account.
- Tooltips to make it easier to understand what it means to be "verified" or "claimed."
2. Manage transactions for multiple jurisdictions
With this update, a Compliance Officer can manage more than one subsidiary profile. Users of organizations with multiple entities in various jurisdictions can now log in and select which jurisdiction entity they want to manage.
How to access this feature as a Notabene client:
- App Login page: View all separate entities belonging to the same company.
- Dashboard > Company > Account
- Users can toggle between the different entities they manage. Users can also view managed companies and create new companies from there.
Note: With our multi-entity feature, Notabene will route transactions from a global counterparty to the correct subsidiary.
3. Preemptively send a transaction and update missing information later
Notabene’s clients can preemptively send a transaction and update missing information at a later date.
From now on, our customers can create and later update outgoing transactions that:
- Are missing both Beneficiary VASP's name and Beneficiary's Customer’s name (Unknown)
- Are missing Beneficiary's Customer’s name, but Beneficiary VASP's name is known (TravelRule)
- Are missing any other Travel Rule required data in the originator's jurisdiction, but Beneficiary VASP's name is known (TravelRule)
How to access this feature as a Notabene client:
4. Send fully compliant transactions per the originator's jurisdiction
This feature ensures that VASPs send compliant transactions within their licensed jurisdiction. For example, as different jurisdictions have different rules, a compliant transfer in Canada requires different data than in Singapore. Transactions without the data required in their originating jurisdiction will produce an error, prompting the user to revisit the data before sending it.
5. Navigate Notabene’s Travel Rule compliance software in Korean, Japanese, Mandarin
To support our customers in APAC, we've translated our product to Korean, Japanese, and Mandarin. Our customers can utilize Notabene's end-to-end Travel Rule compliance software in their native language.
How to access this feature as a Notabene client:
Korean, Japanese, and Mandarin speakers can access the localization in their dashboard's bottom left-hand corner.
