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2023 in Review: Product Updates

Blog post from Basis Theory

Post Details
Company
Date Published
Author
James Armstead
Word Count
423
Company Posts That Month
10
Language
English
Hacker News Points
-
Post removed?
No
Summary

Basis Theory’s 2023 product efforts focused on global expansion, developer integration improvements, expanded tokenization and payment capabilities, and broader native integrations. The company launched production environments in the EU and India to address regional compliance requirements such as GDPR and reduce latency, while adding tools including a CLI, debugging features, integration templates, simplified Reactor formulas, a whitelabel proxy, asynchronous Reactors, and enhanced privacy features. Its payments stack grew through support for fraud-prevention providers, KnotAPI for issuers, BIN detail lookup, new payment-focused pricing tiers, and integrations with services such as 3DS, network tokens, account updating, and other payment providers. Platform enhancements also included Elements support for React Native, iOS, and Android, API access to Payment Account References, an HTTP client for dual writing, portal multi-factor authentication, extended CVC storage, and Reveal for interactive data displays, with further development planned for 2024.

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