Connecting a Blockchain to the Establishment

When I say establishment, a few examples that could fit are: Financial Institutions. Banks and credit unions. Governments. State and Federal. Regulated exchanges. Media companies. Now that we've got that out of the way, I'd like to share what is an obvious overlap between blockchain based technologies that are recording asset transfers in a open ledger… Continue reading Connecting a Blockchain to the Establishment

Dwolla Engineering Presentations

I was reflecting back on some of the talks from the Dwolla engineering team this morning and realized I hadn't shared any of them. These were a few that came top of mind and I hope you enjoy them. Building Scalable Event-Driven Data Pipelines for Payments by Fred Galoso. http://www.youtube.com/watch?v=DQkrMPbKbe4 Amazon Re:Invent Compliance/Financial Services talk touching on Dwolla's transition… Continue reading Dwolla Engineering Presentations

Advantages of Dwolla.js

The team surprised a few people last week with Dwolla.js, which makes integrating Dwolla's authorization service for bank accounts easy. As a developer, here is what the snippet looks like to take advantage of the new functionality. <head> <!-- Include dwolla.js on your page --> <script src="https://cdn.dwolla.com/1/dwolla.js"></script> </head> The 5 advantages that stick out most to me are: Time to get… Continue reading Advantages of Dwolla.js

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.

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.