Bank changelog
Bank changelog
bank.hackclub.com

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!

Reply with your receipt

 

Preview

  

A new feature preview is available for users to opt-into. Once enabled, you can reply to the automated "upload your receipt" emails with your receipt directly– no need to click any links.

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

Free 1Password Credit

 

New

  

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1Password is providing $100 USD of credit to all organizations on Hack Club Bank. If you're not familiar, 1Password is a password manager that allows you to securely keep and share account logins and credentials with your teammates without the hassle; Hack Club HQ uses 1Password too!

To claim the promotion, head to the promotions page on your dashboard and click the “Apply” button. Don’t hesitate to reach out via email to bank@hackclub.com or in the #bank channel on Slack if you have any questions or feedback.

Know your merchant

 

Improvement

  

We've just rolled out a set of changes around card charges to give a better understanding of where a transaction came from.

  1. Now you can access more details about where you're making purchases from. You can click on the name of the seller/merchant for a transaction to get a list of details, such as their location, type of store, and contact info (when provided).
  2. You can be sure your transactions are secure by viewing the payment type, location, and verification checks that ran when you spent your money. If a transaction is declined, you can tell if you mistyped your address or missed the expiration date.

2 iPhones, side by side, one showing a page of merchant details for Adafruit, one showing the charge details of GoShippo

Each of these charges are on Hack Club HQ.

User feedback

 

New

  

Hey everyone! (🎺🎺 noises) I’m announcing my first ever feature contribution to Hack Club Bank. 🎉 On your homepage, after logging in, you can now use the section called "Feedback" to … well I think you can guess … submit any ideas you have for cool new features on Bank! As always, you can still continue to reach out to us on the Hack Club Slack or by email.

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Face ID, fingerprints, Yubikeys, oh my!

 

New

  

Few things are as essential to the banking experience as photo IDs. You always gotta wait for the teller to get a real good look at you, and your ID, before making a transaction. (after all, you wouldn't want your near-identical evil twin stealing your hard-earned money)

The Hack Club Bank experience should feel as good or better than a physical IRL bank. Now, you can sign in using just your face (or fingerprint), on supported devices & browsers.

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Currently, this includes modern versions of Google Chrome, Safari, and Edge (as well as some versions of Firefox), but you can check for support on your current device using this nifty website.

Have a Yubikey? Guess what: Bank supports hardware security keys too!

To get set up, head on down to the brand new Security Keys section of your Bank settings. You'll be enjoying faster sign-ins in no time!

SMS login codes

 

New

  

I hate passwords. I can never remember them when I need them, each new account I create means another 'unique' password, and people are great at leaking them. We really don't want to burden everyone with all that just to access their financial platform, so now it's even easier to login to Hack Club Bank without a password.

I'm happy to announce that you can now get login codes for Hack Club Bank via SMS. The feature can be enabled from your settings page.

User signing in using SMS login code

Users on iPhone and some Android phones can autofill their SMS login code.

You can now get your passwordless login code that much faster– reducing login on some devices down to under 10 seconds.