Verify Single Accounts via Portal
You can now do even more with Verify from the Orum Portal. Our new enhancements make it easy for you to Verify Account Status of individual bank accounts with a few simple clicks — giving your operations more flexibility and efficiency to handle one-off Account Status verifications.
Routing Number Validation Check on Creating External Accounts
When creating an external account, we have now added a synchronous validation check to ensure that the routing number that is being passed is a valid routing number.
New: Initiate Payments Directly in our Portal!
You can now initiate single leg payments directly through the Orum Portal! See below for a breakdown of the newly available feature.
New Authentication Flow!
We've made two major updates to our authentication flow - please see below!
New: Verify Accounts in Bulk in the Portal!
Introducing a new way to access all of the benefits of our Verify product without having to write a line of code!
Add Persons, Businesses, and Accounts Directly in the Portal!
Now, you can add a Person, Business, or Account directly through the Orum Portal!
Introducing Debit Block Detection
Orum customers will now be able to determine if an account is debitable, and if not - if it is due to a debit block. Orum’s debit block detection enables customers to determine whether or not a debit block has been placed on an account. The goal of this functionality is to inform you when there is an account that cannot be debited, so that you can inform your end users that an action is required in order to make the account debitable.
Transfer Groups Now Available
Transfer Groups are now available! We have recently added Transfer Group APIs to allow for grouping together any set of transfers that may be associated with the same flow.
Wire Transfers Now Available
A new credit rail has been added to the Momentum API - wire transfers. This means that along with FedNow, RTP, Same Day ACH, and ACH, you can wire transfers from the Orum FBO to external accounts. To do this, you will initiate an API request with speed "wire", and funds will arrive quickly and securely.
New and Improved Transfers Table
We've updated the transfers table in the transfers page to allow users to select additional columns and drag-and-drop to re-order! The table is also now paginated to allow for easier scrolling and searching.