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September 2023 Changelog

Blog post from Basis Theory

Post Details
Company
Date Published
Author
Basis Theory
Word Count
841
Company Posts That Month
7
Language
English
Hacker News Points
-
Post removed?
No
Summary

Basis Theory’s October update introduces enhancements for card issuance, data management, API transparency, and regional data handling. Mobile SDKs now support copying revealed card details, intended to reduce payment friction and help issuers increase card usage, while a KnotAPI integration enables customers to move recurring subscription payments from older cards to newly issued ones without requiring the issuer to attain PCI Level 1 compliance. The platform also announced Payment Account Reference (PAR) connections, allowing merchants and fintechs to identify cards across payment methods such as card-not-present transactions, digital wallets, network tokens, and Click to Pay, with applications in fraud prevention and loyalty programs. Additional updates include an Apple Pay guide for decrypting and routing DPANs, fixes for tokenization using BIN enrichment and deduplication, new proxy status headers that distinguish third-party failures from Basis Theory errors, enterprise TCP connection-management headers, and an EU instance designed to store and process customer data in European data centers.

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