Bank changelog
Bank changelog
bank.hackclub.com

Oh yeah, deposits are instant now

 

New

  

Donations and invoices now deposit in the time it takes for you to read this sentence.

With many financial systems, money can take up to two weeks to move. But now on Hack Club Bank, gone are the days when you had to wait. Behind the scenes, we will seamlessly loan you the incoming funds.

The money will be ✨ instantly ✨ available for your pizza buying needs!

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— Gary, Ella, and Caleb

🎨 Customize your donation page

 

New

  

Want to add some pizzazz to your organization's donation page? You can now upload a logo and header image to make your donation page feel a little more like yours.

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See it in action at hack.af/donate, or try it out yourself by clicking "Donations" in your sidebar!


pssst! developers! you can now see organization logos in the API's logo field!

The Event Helper x Hack Club Bank

 

New

  

Hey fellow Bankers!

Every event needs a great venue and with a great venue comes insurance requirements… but where do you start?! A Google search lands you so many options and probably more questions than when you started…

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Partnering with The Event Helper, we’ve created a streamlined process for you to purchase event insurance on Bank without the hassle. You now have access to a simplified, custom form in your “Perks” tab, and once submitted, Bank team will provide you with a custom quote. All of the costs are directly from The Event Helper – we don't charge a fee on top!

Putting the *Hack* in Bank: the Hack Club Bank Transparency API

 

New

  

We're excited to share that Hack Club Bank now has an official public API.

The Hack Club Bank API is a read-only, unauthenticated REST API which enables you to read public information from organizations with Transparency Mode enabled. This includes transaction history like checks, ACHs, invoices, transfers, donations, as well as organizations and their respective team members.

This API will pave the way for more applications like Slack Club Bank, HackPenn's financial visualization, and your next amazing project. We can't wait to see what you ship!

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If you run into any bugs or have any feedback, please let us know at bank@hackclub.com!

— Ella, Caleb, and Gary

🔄 Safely change your organization's URL

 

Improvement

  

Have you ever wanted to change your organization's URL? Previously this was a dangerous affair; bookmarks to the old URL would just stop working, including your donation page.

Now, we'll automatically redirect your old URL to your new one! It's like magic.

You can change your organization's URL by clicking "Settings" in the sidebar. Happy hacking!

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🗞 Seasonal newsletter

 

New

  

Starting today, Hack Club Bank will be sending out seasonal newsletters to share about new features, transparent orgs, and other awesome announcements. 🎉 Feel free to reach out to me if you didn't receive the summer edition and would like to be added!

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Instant transfers & emergency funds

 

Improvement

  

The financial system in the US is a little slow. In personal finance, that's annoying. For a hackathon organizer who needs to buy 50+ burritos while herding cats attendees & dodging taxis in NYC, slow money transfers is too much.

As of today we've improved our account transfers beta to instantly add to your balance.

Donations usually take 3-5 days from a donor swiping their card to finally arriving in your account. Hackathon organizers often zero out their balance while waiting for a donation payment to arrive.

You can now request a front for paid funds that are still in transit– if your event is happening within 7 days we'll lend you the funds via an instant transfer from us, to you. Once the event is over we'll transfer the funds back out of your account.

Eligible invoices and donations have a button to request a front:

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Keep in mind we can only front funds that we can confirm paid (ie. they swiped their card successfully, but the funds haven't arrived yet), and we may take up to 24 hours to get your request. Although we're focusing on hackathons running within 7 days, we know everyone has a different story. If you have a special circumstance, please reach out– we are happy to talk through it with you.


p.s. Users who enabled the account transfer beta will also find their transfers reflect in their budgets immediately, instead of the 3-4 days that it used to take.

🍎 Receive donations with Apple Pay

 

New

  

Little update to the donation form: donors can now contribute to your project using Apple Pay! This feature is now available to all organizations running on Hack Club Bank.

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Upload your receipts faster

 

Improvement

  

Today we're shipping 3 major improvements to the receipt uploading experience on Hack Club Bank!

  1. Your receipts page is now smarter– just click "Add a receipt" or drag & drop a file to instantly attach your receipt. We've also fixed a bug that caused declined & refunded transactions to show up, even though they don't need receipts.

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    The transaction details page has drag & drop, too– just drop a file anywhere to upload a receipt to that transaction.

  2. In a busy checkout line? The “upload a receipt” link we email you has been totally redesigned for mobile, with the ability to take photos of your receipt directly from the page. If you’re uploading from a tablet or laptop, drag-and-drop is also supported. receiptsgalore.png

  3. Finally, you don’t even have to open Bank– now you can reply to the “upload a receipt” emails with a photo or PDF of your receipt. This is especially useful if you have limited bandwidth and can't load the site.


What's next– receipt upload via direct brain connection? We'd love to hear your ideas, both for receipts and other features– be sure to leave us your feedback in Slack or via the Bank interface!

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– Caleb and Max

Manage your money across accounts

 

Preview

  

A feature preview is live for users to try out: transfers between HCB accounts.

People who are on multiple teams (ie. running a hackathon and running a club with separate accounts) can manage their money across accounts on Hack Club Bank.

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Previously users would have to invoice themselves to move funds. Besides the 7% fee on those funds, it would take between 5-7 days for funds to show up. Transfers cut the time in half and changes "fee" to "free".

You can enable the beta in your account settings. Please send me your feedback!