Making Bank Transfers Easy

Dwolla's white label API is new and it has been a great product for us. I think that is because if you think about bank transfers in a very simplistic view there are 2 parts: Bank Authorization. This gives your application the proper authorization to credit and debit a bank account. Bank Transfer. These uses the proper… Continue reading Making Bank Transfers Easy

Building a universal ledger. To blockchain or not to blockchain.

I spend a lot of time in banks these days and there is a lot of discussion about blockchains. Described another way, there is a lot of discussion about what the appropriate way is to technically store data for the purpose of reducing risk and increasing transaction speed. It's interesting to me because most bank business… Continue reading Building a universal ledger. To blockchain or not to blockchain.

The world we’ll all create, even if we do it by accident

There was a time when dynamic websites were interesting. That time, for me, was when I was hardcoding hundreds of HTML pages at a time before a friend introduced me to CSS, then to Javascript, and then to PHP. That same friend introduced me to .NET when the idea that was Dwolla needed something more powerful. It's… Continue reading The world we’ll all create, even if we do it by accident

When the money finds its own way to where it has to go

A few months ago a small company presented me with something rather astonishing that I thought might be too good to be true. That thing, was a major network issued card that settled against my Dwolla balance. Which means, everywhere that major card network is accepted, Dwolla is accepted. With a mild amount of skepticism... I… Continue reading When the money finds its own way to where it has to go

Generally obvious things about real-time and $0 transactions.

The number of times a payment can be exchanged before it's worth $0 assuming the service exchanging the money carries a 3% + 30 cent fee is pretty predictable. If you start with $100 dollars in such a system you can exchange it 79 times before it's worth $0. With Dwolla's network, as of last week, money… Continue reading Generally obvious things about real-time and $0 transactions.

Silicon Valley and real-time payments

Few places know the value of a real-time response like Silicon Valley and that's a big reason I'm thrilled about today's FiSync announcement. Banking is one of those prerequisites to do business, pay taxes, pay employees and just about everything else. Every company in the valley has basic access to the same similar tools from their bank. Some… Continue reading Silicon Valley and real-time payments

Dwolla, and working with the Government

Nicole Cook, who runs Dwolla's government vertical, did an interview with ABC5 about Dwolla's most recent deal with the US Treasury.   We've been working on this for a long time so it's fun to talk about and it's really fun to see the announcement make the rounds. American Banker / Bank Tech News: Federal Payments Website… Continue reading Dwolla, and working with the Government