Knowledge-Based Authentication (KBA) via Dwolla’s API
Dwolla connects businesses to the ACH Network, a funds-transfer system known for its reliability and relative security. To keep transfers safe, Dwolla requires identity verification.
If an initial identity verification attempt fails because the information provided did not satisfy the verification check, the account will go to a
Retry state. Using KBA in the API, the end user will not be asked to provide their full social security number and will instead be prompted to answer four questions that are specific to each individual user. If the user answers 75% of the questions correctly, the account will be verified. If not, the account goes into
KBA in the API is a more elegant process for onboarding with Dwolla and removes some of the uncertainty users can experience before providing personally identifiable information.