Dwolla

Dwolla Launches New Open Banking Services Bolstering A2A Payment Offerings

Retrieved on: 
Tuesday, February 27, 2024

DES MOINES, Iowa, Feb. 27, 2024 /PRNewswire/ -- Dwolla, a leading U.S.-based account-to-account payment solution, announced the launch of its groundbreaking Open Banking Services today. These built-in open banking integrations extend Dwolla's account-to-account (A2A) offering to include instant account verification, balance checks and fraud mitigation. Dwolla's Open Banking Services empower mid- to enterprise-sized businesses with the functionality they need to offer fast and secure A2A payments through Dwolla's single API.

Key Points: 
  • DES MOINES, Iowa, Feb. 27, 2024 /PRNewswire/ -- Dwolla , a leading U.S.-based account-to-account payment solution, announced the launch of its groundbreaking Open Banking Services today.
  • Dwolla's Open Banking Services empower mid- to enterprise-sized businesses with the functionality they need to offer fast and secure A2A payments through Dwolla's single API.
  • "Our vision with Dwolla's Open Banking Services is to empower businesses with a seamless, all-in-one solution for A2A payments," said Dave Glaser, CEO at Dwolla.
  • Dwolla simplifies the A2A payment experience through its Open Banking Services by pre-integrating with leading open banking service providers.

Dwolla Connect Drives Value for Enterprises with New Open Finance Integrations

Retrieved on: 
Monday, October 30, 2023

DES MOINES, Iowa, Oct. 30, 2023 /PRNewswire-PRWeb/ -- Dwolla, a leading account-to-account payment services provider, announced the expansion of its latest solution, Dwolla Connect, by integrating it with the open finance ecosystem. This integration helps Dwolla Connect clients securely transfer open finance data to the Dwolla platform, unlocking new capabilities like bank verification through trusted third-party providers (including MX, Plaid, Finicity – Mastercard's U.S. open banking arm – and Flinks). It also marks a significant step forward in secure payment experiences, bringing together the best of data protection and payments automation for finance and technology teams at mid- to enterprise-sized companies.

Key Points: 
  • This integration helps Dwolla Connect clients securely transfer open finance data to the Dwolla platform, unlocking new capabilities like bank verification through trusted third-party providers (including MX , Plaid , Finicity – Mastercard's U.S. open banking arm – and Flinks ).
  • At the heart of this new feature lives the Dwolla Secure Exchange Solution , a tokenized solution Dwolla released in July 2022.
  • The Secure Exchange Solution prioritizes flexibility, provides a deeper connection into the open finance ecosystem and unlocks expanded functionality within the Dwolla platform in the future.
  • Key Features of Dwolla Connect + Secure Exchange Solution:
    Enhanced Security: By exchanging tokens with trusted partners, Dwolla Connect clients can share information securely, protecting it from malicious actors and ensuring data integrity.

Dwolla Launches Dwolla Connect to Streamline Payment Operations for Enterprises

Retrieved on: 
Tuesday, August 8, 2023

DES MOINES, Iowa, Aug. 8, 2023 /PRNewswire/ -- Dwolla, a leading provider of payment services, today announced the launch of Dwolla Connect, an innovative API solution designed for mid- to enterprise-sized businesses. This new solution simplifies the process of replacing legacy, batch-based technology with modern infrastructure, enhancing the management and reconciliation of payments across multiple financial institutions. With Connect's bank-agnostic approach and modern attributes, businesses can leverage their existing commercial accounts at top US banks, including JPMorgan Chase & Co. and Wells Fargo, to effortlessly initiate payments. Building on the success of their flagship digital wallet product, Dwolla Balance, Connect aims to continue to transform the account-to-account (A2A) payment landscape by making it easy to send and receive payments directly from bank accounts.

Key Points: 
  • DES MOINES, Iowa, Aug. 8, 2023 /PRNewswire/ -- Dwolla , a leading provider of payment services, today announced the launch of Dwolla Connect, an innovative API solution designed for mid- to enterprise-sized businesses.
  • "Not every business needs a digital wallet, but they do want our industry-leading payment processing capabilities to streamline their payment operations.
  • Dwolla Connect serves a wide range of industries, such as financial services, lending, banking-as-a-service, marketplaces, and insurance, among others.
  • For more information about Dwolla Connect and how it can revolutionize your payment operations, please visit www.dwolla.com/dwolla-connect .

Dwolla Reports 45% Growth QoQ in Partner Ecosystem, Adds Flinks to Secure Exchange

Retrieved on: 
Wednesday, April 26, 2023

DES MOINES, Iowa, April 26, 2023 /PRNewswire/ -- Modern payments platform, Dwolla, today announced 45% growth of their Partner Ecosystem in Q1 of 2023. As part of this growth, data aggregator Flinks joined other partners in Dwolla's Secure Exchange solution to offer a seamless account verification service to Dwolla's clients. Since Q4 of 2022, the Dwolla Partner Ecosystem that connects referral and reseller partners to advanced account-to-account tools and services, has seen significant growth thanks to the rising demand for complementary, low-cost payment methods, provided by Dwolla's account-to-account solutions.

Key Points: 
  • DES MOINES, Iowa, April 26, 2023 /PRNewswire/ -- Modern payments platform, Dwolla , today announced 45% growth of their Partner Ecosystem in Q1 of 2023.
  • As part of this growth, data aggregator Flinks joined other partners in Dwolla's Secure Exchange solution to offer a seamless account verification service to Dwolla's clients.
  • "We're thrilled to partner with Dwolla and bring our leading data connectivity to their payments platform, creating a powerful combination that'll benefit businesses and consumers alike.
  • Our partnership will unlock new opportunities for seamless and secure financial transactions, and we couldn't be more excited about what's ahead."

Basis Theory Hires Former Regulatory Leader from Block, Klarna, and Apple to Oversee Its Compliance Roadmap

Retrieved on: 
Tuesday, December 20, 2022

At many of these companies, he originated the development of payment ecosystems that would stand up to the requirements of a globally distributed compliance infrastructure.

Key Points: 
  • At many of these companies, he originated the development of payment ecosystems that would stand up to the requirements of a globally distributed compliance infrastructure.
  • At Block, Han led the legal team supporting Square Capital’s bank charter application and lending operations in 2018.
  • “Basis Theory’s application of tokenization to data compliance is an ambitious solution that shifts compliance to a value driver instead of a bottleneck.
  • Basis Theory’s tokenization platform instantly delivers the same data security best practices and compliance postures used by today’s most admired privacy-conscious companies.

Basis Theory Launches One-Click PCI Compliance for Developers and Partners with Secureframe to Automate 95% of Compliance Effort

Retrieved on: 
Monday, October 24, 2022

The company has also partnered with security and privacy compliance automation leader Secureframe to integrate Basis Theory with its platform for complete end-to-end automation of the PCI compliance process.

Key Points: 
  • The company has also partnered with security and privacy compliance automation leader Secureframe to integrate Basis Theory with its platform for complete end-to-end automation of the PCI compliance process.
  • Together, the two platforms eliminate 95% of the effort required for PCI Level 1 compliance.
  • Basis Theory's PCI Blueprint decouples a company from its PSPs limitations without exposing its systems to PCI scope.
  • Using Secureframe and Basis Theory to automate technology and compliance infrastructure can reduce up to 95% of that effort so continuous compliance is feasible for any organization.

Dwolla and MX Expand Partnership with Token Offering

Retrieved on: 
Wednesday, September 14, 2022

DES MOINES, Iowa, Sept. 14, 2022 /PRNewswire-PRWeb/ -- Modern payments platform, Dwolla, recently announced the addition of MX to its Secure Exchange solution partners. This collaboration on a tokenized offering provides Dwolla's clients and reseller partners a more convenient and flexible way for them to access account verification services using MXapi Processor Tokens. MXapi Processor Tokens facilitate secure exchanges with mutual partners without the risk of using sensitive data or the need for third parties in money movement.

Key Points: 
  • "We are excited to expand the use of the MXapi Processor Tokens with partners like Dwolla, improving data accessibility between MX clients and their mutual payment processor partners."
  • Dwolla's expanded partnership with MXcomes quickly on the heels of the introduction of the Secure Exchange solution .
  • With minimal development, start-ups to Fortune 500 companies can gain efficiency, flexibility and improved cash flow by working with Dwolla.
  • MX is building the largest open finance ecosystem to help drive innovation and improve experiences through secure and reliable access to financial data.

FTFT's Future FinTech Labs Partners with Currencycloud to Launch the Low-Cost Remittance App Tempo

Retrieved on: 
Monday, September 12, 2022

Most importantly for FTFT Labs, the Tempo app is a remittance service that its users can trust, with features that make moving money seamless and with in-app customer support at their fingertips.

Key Points: 
  • Most importantly for FTFT Labs, the Tempo app is a remittance service that its users can trust, with features that make moving money seamless and with in-app customer support at their fingertips.
  • By continuously adding new features to the app, FTFT Labs aims to bring the most innovative, easy-to-use remittance services to the fingertips of an often overlooked market: US immigrants.
  • Mr. Sean Liu, CEO of FTFT Labs, said of the launch, "Tempo represents an easy, fast and secure way to transfer money cross-border.
  • About Future FinTech Group Inc.
    Future FinTech Group Inc. is a blockchain application technology developerand fintech service provider incorporated inFlorida.

Basis Theory Is Named One Of 20 Rising Stars As Part Of Forbes’ Cloud 100 List

Retrieved on: 
Tuesday, August 9, 2022

Basis Theory is named one of the 20 Rising Stars as part of the seventh-annual Forbes 2022 Cloud 100 list, the definitive list of the top 100 private cloud companies in the world, published by Forbes in partnership with Bessemer Venture Partners and Salesforce Ventures .

Key Points: 
  • Basis Theory is named one of the 20 Rising Stars as part of the seventh-annual Forbes 2022 Cloud 100 list, the definitive list of the top 100 private cloud companies in the world, published by Forbes in partnership with Bessemer Venture Partners and Salesforce Ventures .
  • View the full release here: https://www.businesswire.com/news/home/20220809005276/en/
    Basis Theory is named one of 20 Rising Stars as part of Forbes' Cloud 100 list.
  • The Rising Stars of today are the Cloud 100 companies of tomorrow, said Mary DOnofrio, partner at Bessemer Venture Partners.
  • The Forbes 2022 Cloud 100 and 20 Rising Stars lists are published online at www.forbes.com/cloud100 .

Basis Theory Opens New Delhi Office and Hires Former Envestnet Yodlee Vice President to Oversee Growth in Asia-Pacific Region

Retrieved on: 
Thursday, July 21, 2022

Operating from the companys new office in New Delhi, India, Dhruv will be responsible for igniting the strong interest in Basis Theorys tokenization platform from the APAC region as its regulatory climate intensifies.

Key Points: 
  • Operating from the companys new office in New Delhi, India, Dhruv will be responsible for igniting the strong interest in Basis Theorys tokenization platform from the APAC region as its regulatory climate intensifies.
  • Dhruv has done this before: bringing transformative technology solutions to the APAC region and growing those practices from the ground up, said Colin Luce, co-founder and CEO at Basis Theory.
  • In the same way Envestnet Yodlee changed how the financial industry shared and leveraged data, Basis Theory is changing the way companies secure and share sensitive data, said Dhruv Manga, Managing Director, APAC at Basis Theory.
  • Basis Theory puts great data security within reach of all businesses so that privacy and compliance never inhibit creating value for customers.