Payments platform Dwolla names Lawrence Herman as CFO
Herman joins Dwolla from Accrete, an AI machine learning company, where he was CFO.
Dwolla
Dwolla helps Status Money’s cash rewards for savings
Status Money will use its new relationship with Dwolla to access the ACH network.
Dwolla shuts last branded product Transfer
Dwolla will now focus on its white-label business money transfer product.
Dwolla launches pay-as-you-go payment offering, Start
Out-of-the box way for businesses to move money without a large time or money commitment.
Dwolla lands $12m in funding
The funds will be used to support Dwolla’s growing capital requirements and to expand its team.
Bill & Melinda Gates Foundation to launch underbanked service with Dwolla, Ripple and others
The Bill & Melinda Gates Foundation has launched a new service created with in partnership with Dwolla, along with collaboration with Ripple, Crosslake Technologies, ModusBox, and Software Group.
Fintech funding round-up: 23 January 2017
Want to save some time but be in the know of the latest funding initiatives in the fintech space? Then read on. Featuring Habito, Dwolla and H2 Ventures.
Dwolla docked dollars for its data security
US payments start-up Dwolla has been fined $100,000 by the Consumer Financial Protection Bureau (CFPB) for its data security. Data security issues included: “Use appropriate measures to identify reasonably foreseeable security risks; ensure that employees who have access to or handle consumer information received adequate training and guidance about security risks; use encryption technologies to […]
CME inks post-trade deal with Dwolla
Derivatives exchange CME has signed a commercial agreement with Dwolla, a bank transfer platform. The arrangement will use Dwolla’s real-time architecture to support on demand payment clearing and settlement services. It is intended to streamline payment operations for CME Clearing members. “With its established customers and proven real-time systems, Dwolla’s technology provides CME Group with […]
Financial services disruption – why I’m backing the banks
For banks, a race to remain relevant is on. In the past few weeks, Lloyds Banking Group has announced its intention to double-down on digital banking, closing branches and cutting costs. In the US, BBVA Compass announced that its agreement with startup Dwolla to offer real-time payment facilities to customers makes it the first mainstream bank to open its technology platform to digital developers like Dwolla
