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31 July 2025

· One min read

New features​

📖 Learn about the new Verification of Payee regulation, its impact on your users, and how you can update your Swan integration to improve your payment experience.

Improvements​

👥 Get more balance information for booked transactions using BookedTransactionStatusInfo.balanceAfter. This object provides:

  • amount - replaces the existing BookedBalanceAfter.amount (see upcoming breaking changes).
  • sequenceNumber - new account-level transaction counter for new transactions (historical transactions show null).

🧭 Customize column width on all Dashboard pages to make the data easier to read.

🪝 Two new webhooks are now available to update you on rolling reserve changes. TransactionRollingReserve.Updated is triggered when the release date is changed, and TransactionRollingReserve.Released will indicate that the reserved funds are now available.

API updates​

Upcoming breaking changes​

📄 Starting August 28, we'll start using these new, already available enum variables: USPersonStatusDeclaration and ProofOfBusinessActivity for SupportingDocumentPurpose, and W9, W8, and CertificateOfLossOfNationality for SupportingDocumentType.

👥 Starting December 31, the bookedBalanceAfter field will be removed from the transaction query. Please use the balanceAfter.amount on BookedTransactionStatusInfo.