1.1.1 Retail Accounts (Current/Checking and Savings)
This topic provides the release highlights for Retail Accounts.
Generic Feature Enhancements
- System Induced Account Closure: A new feature is added to automatically close an Account during End of Day Process subject to the fulfillment of the conditions (configured at business produced level) with respect to no movement in account balance for a defined period.
- Account Service API (GET Method for Account details) enhanced to include details of the Utilized and Unutilized limits, if applicable to an Account.
- New Business events are added to the existing list of events which occur in the life cycle of the Retail Accounts.
Generic Feature Enhancements in Account Servicing
- Branch servicing pending transactions view screen
- Common entity lengths - UI enhancement
- Servicing Task widget
- Staff restriction for account servicing operations
- Validate pending branch servicing transactions as part of the EOD process
- Consolidated Functional Activity Codes
US Geography Feature Enhancements
Generic:
Account Service API (GET Method) is enhanced to exclude Custodial Account details when inquired with a Customer ID of Minor.
Regulatory Features:
Additional enhancements in BackupWithholding Tax Processing to consume the rate and applicability from the Event published by Customer Application.
US Geography Feature Enhancements in Account Servicing
- Branch servicing pending transactions view screen
- Change log for Account Garnishment screen
- Change log for Memo Maintenance screen
- Field level validations should be inline instead of popup in Courtesy Pay Maintenance screen.
- Customer memos to be displayed in account servicing transaction screens
- Servicing Task widget
- Staff restriction for account servicing operations
- Online Account Sweep-in screen
- Validate pending branch servicing transactions as part of the EOD process
- Consolidated Functional Activity Codes
For more information about the enhancements, refer to Retail Accounts (Current/Checking and Savings).
Parent topic: Release Highlights