1.1.2 Retail Deposits
This topic provides the release highlights for Retail Deposits.
Generic Feature Enhancements
- Auto Rollover To New Product.
- Zero Balance Term Deposit creation.
- Addition of configurable Min & Max thresholds at product level.
- Out of the box integration with OBPM for payin and payout by checks and support to allow payout by check through a third-party check processing engine and payout by wire (using Fed-wire).
- API Enhancements to support Data Segment level modifications for TD services.
- Enhancements include addition of new batches to the End of Day (EOD) workflow.
Generic Feature Enhancements in Deposits Servicing
- Zero Balance CD Account Creation
- MCA Support for TD Payin and Payout
- Minimum and Maximum Limit for Deposit Account
- Transaction Inquiry-Display Transaction Branch
- Mimic Sync flow for Servicing Screens
- Simplified Auto Auth Configuration
- Payments integration with CD and IRA CD. Includes Payin and payout by checks and external Accounts.
- Account Number LOV-Closed Account Handling
- CD Auto rollover to new business product
US Geography Feature Enhancements
In addition to existing IRA (CD) –Traditional and ROTH variants, enhancements have been made to support another IRA (CD) variant - Simplified Employee Pension (SEP).
For more information about the enhancements, refer to Retail Deposits.
Parent topic: Release Highlights