What's new at Basefund.

• Define a Secure Closing once, then run repeated payments against it — debt service, trustee disbursements, contractor payments, recurring transfers.
• New verification flow for outside participants — counterparties can verify identity without a tenant account.
• Flow-of-funds editor: create, edit, and duplicate flows with safer delete guards and a clearer Amount row.
• Faster page loads and snappier navigation across the app.

• Layout, validation, and form components standardized across Secure Transactions and Members — fewer surprises, more consistent error states.

• Account owners can grant per-user exceptions for sign-ins from new locations — cuts down on legitimate logins blocked while traveling.

• Wire instructions can now be attached to a specific verified address, so disbursements always settle to the right destination.

• Added/updated beneficiary fields and editing on the transaction page.

• New Sub-transaction Coordinator role can create and edit sub-transactions, but cannot modify the primary or add Coordinators.
• Owners/Coordinators can no longer edit their own roles, preventing accidental demotions.

• 50% faster initial load for the Secure Transactions list, with background updates via improved fetch policy.
• Default filter now Open (includes Locked) for snappier loads; All/Closed still available.
• Jump directly to a sub-transaction from the list via the right-side arrow.

• System-wide pricing updates are active for closings and payments.
• Billing and insurance calculations now align with the new model.

• New Decline Insurance action marks a disbursement as declined and stops attention prompts. Gives coordinators a clear, auditable way to opt out.
• Skipping ID check does not auto-decline; users must intentionally decline via the ID Verify → Decline Insurance path.

• Added Insurance column to the Transactions list.
• Coverage box on Disbursements (top-right) for quick status.
• Insurance form completely redesigned (simpler, fewer steps).
• Refreshed insurance notification bar on the View page.
• Transactions now show Created and Updated timestamps.
• Secure Payments: insurance handled per-disbursement.
• Billing page reflects insurance fee to invoice.

• Updated pricing page for insurance selection to align with fee structure.
• Enforced full date entry on transactions to prevent errors from partial dates.

• Updated billing page to reflect new payment model.
• Improved fee calculation on billing page to total all fees on a transaction.

• Improved Secure Transaction page UI.
• Invite emails now display beneficiary and amount for added clarity.
• Default insurance logic has been improved.
• Updated transaction links in emails: Co-coordinators will now be directed to their tenant space if available.

• Disbursements now show created_by to track which coordinator created them.
• Disbursements are hidden on memos when no receivers are present.

• Billing table now includes a Download to Excel button, plus beneficiary and amount fields for easier reconciliation.

Identity verification (KYC) is now available for all transaction participants. Once participants provide identification data and documentation, they’ll be marked as verified — adding another layer of security to every transaction.

Transaction Insurance is now offered as an optional safeguard for Secure Closings. Coordinators can add coverage tailored to their transaction amount, providing extra protection and peace of mind when moving funds.

• Lock button added to transactions for enhanced security.
• Only coordinators can lock/unlock transactions.
• When locked, all transaction modifications are prevented including: adding or editing accounts, editing transaction information, adding senders, clearers, or receivers.

• Clearer role integrated into the transaction stepper.
• Clearers can set up one-time transactions without being listed as participants.
• Clearers have authority to establish both sender and receiver for transactions.

• Create Sub-Transaction option added via “Edit Transaction” button.
• Streamlined creation form with minimal required details for maximum flexibility.
• Parent-child relationship linking: parent transactions display links to sub-transactions; sub-transactions display links to parent transactions.
• Access permissions inherited from parent transaction.
• Participants remain responsible for entering their own account information.
• Sub-transaction count now visible on transaction list page (displayed as numbered chip next to transaction type).

• Transaction state now displayed on transaction view pages.
• State filter added to transaction list page for improved navigation.

• Wire: Retain is now a transaction method and upon selecting, participants are not able to enter instructions, the closing memo is updated, and the completion percentage is no longer using that disbursement.
• OBI details are hidden on the PDF and disbursement popup.
• Basefund’s account can be seen by sender/clearer and no longer requires a “from.”