I had an opportunity to talk with Jeff Forkin at Currency Cloud a few weeks ago about programmable payments and the approach we've taken at Dwolla. You can listen to the discussion below. Looking back on when I was first introduced to the Currency Cloud team and Stephen Lemon, it's amazing how far FinTech has… Continue reading Talking Programmable Payments with Currency Cloud
Dwolla has a new CEO
About a month ago I posted Hiring a new CEO. Today the Dwolla team announced that we've found our new CEO and he's already begun work. As of now, Brady Harris has begun leading the Dwolla team. Brady is relocating his family to Des Moines from Atlanta as a part of taking on the role.… Continue reading Dwolla has a new CEO
More Iowa Covid-19 Growth Data
We're about 2 weeks into our own shelter-in-place situation at our house and I've been watching a few sites on a regular basis. Specifically the State of Iowa IDPH Site and the Johns Hopkins Center for Systems Science and Engineering dataset. After watching these sites change, I keep wondering how far off the model is… Continue reading More Iowa Covid-19 Growth Data
If Shelter-in-place isn’t mandated in Iowa, what can we do?
Like many of you in Iowa, I sat with my family listening to Governor Reynold's press conference this afternoon. First and foremost, I want to applaud the State of Iowa, Governor Reynolds personally, and her staff for doing what is a very hard thing —keeping composure in an exceptionally unknown and dynamic time. Whether or… Continue reading If Shelter-in-place isn’t mandated in Iowa, what can we do?
Moving Iowa quickly to shelter in place
For the first time I had a meeting cancel due to a COVID-19 death. The depth of sadness I feel for those impacted right now is something I can feel, but I can't describe. This was definitely a wake up call for me. I'm not a doctor and I can't provide care to others but… Continue reading Moving Iowa quickly to shelter in place
Sessions of money, data, and trust
The internet is full of sessions. From the most the most obvious to obscure — browser sessions, driving a car, phone calls, playing a game, and too many other examples to list. One of the design considerations for Dwolla's Labels technology was how to grant access to something that can't own an asset. Like a… Continue reading Sessions of money, data, and trust
Hiring a new CEO
I told the Dwolla team this morning that we are hiring a new CEO, whom I and the rest of the board are going to recruit. I've replaced myself in every role I've ever had in this company and this will be no different. Change is a required part of growth. I'll stay involved but… Continue reading Hiring a new CEO
Building a $10M+ revenue business on the Dwolla ecosystem
The Dwolla ecosystem is now big enough that businesses can be built around it and start generating substantial revenue. I was talking to a friend the other day who was thinking about starting a new company and I laughingly mentioned the fastest path to revenue I knew of right now was to build around the… Continue reading Building a $10M+ revenue business on the Dwolla ecosystem
Understanding Dwolla Transfer Types
I've been referencing my last entry on Customer Types frequently since I published it so I thought another one focused on Transfer Types would be helpful. Customer Types, broadly speaking, define who owns, or will own an asset. Transfer types are the ways in which those assets are transferred. Each value type has a settlement… Continue reading Understanding Dwolla Transfer Types
Understanding Dwolla Customer Types
When building a Dwolla platform application it's important to understand the Customer Types you can use. These are building blocks for your funds flows and the right end user experience. There are 3 Customer Types to understand. They are outlined on the Dwolla developer website but lately I find myself drawing them on a whiteboard… Continue reading Understanding Dwolla Customer Types