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C

Column

FINANCE
Velocity0.0

Column expands the BaaS API surface with regulatory infrastructure other providers haven't shipped yet.

banking-as-a-servicefintech infrastructureiso 20022compliancewires
◆Current state
Column ships in seasonal batches and is using each one to widen the gap with thinner BaaS competitors. The recent batches have added 1099-INT tax form APIs, Federal Reserve reference rate access, full Fedwire ISO 20022 message integration, Swift wire amendments, and richer account modeling. The product is positioning itself as the BaaS for fintechs that need to handle the complex, regulated edges of money movement, not just the happy path.
◆Where it's heading
The throughline across these releases is depth in the boring-but-load-bearing pieces of the financial stack: structured remittance, returns and amendments, freeze states, custom permissioning, statement self-service. These are the integrations a sophisticated fintech customer audits before signing — and Column is closing the checklist faster than most direct chartered-bank-as-API competitors.
◆Prediction
Expect Column to keep targeting the regulated, infrastructure-grade gaps competitors avoid — likely real-time-payments richer messaging on top of FedNow, and additional tax form coverage (1099-MISC, 1099-NEC) timed to the 2026 tax year for partners running interest, rebate, or marketplace programs.

◆Recent moves

  1. 6mo ago

    Winter 2025: 1099-INT and Fed market rate APIs

    Winter batch lands two API expansions Column's customer base has been asking for — 1099-INT generation tied to interest payments, and a Fed-sourced market rate endpoint useful for any pricing or interest logic.

  2. 6mo ago

    Winter 2025 release notes (duplicate)

    Duplicate ingestion of the Winter 2025 release notes.

  3. 7mo ago

    Summer 2025 part 2: Fedwire ISO 20022 and check improvements

    ⚡ SPARK

    Full Fedwire ISO 20022 integration is the kind of plumbing customers don't ask for until they need it — Column shipping it ahead of much of the industry strengthens its enterprise pitch and converts a regulatory deadline into a competitive feature.

  4. 7mo ago

    Summer 2025 part 2 release notes (duplicate)

    Duplicate ingestion of the Summer 2025 part 2 release notes.

  5. 9mo ago

    Summer 2025 part 1: Swift amendments and account modeling

    International wire amendments via API and richer bank-account state modeling (frozen status, more attributes) round out the operational edge cases that previously required out-of-band Column-team intervention.

  6. 9mo ago

    Summer 2025 part 1 release notes (duplicate)

    Duplicate ingestion of the Summer 2025 part 1 release notes.