New Information Available on the Funding Sources Details Page
A new “Capabilities” section has been added to offer a quick and easy way to understand the functionalities of users’ external bank accounts. It shows whether the selected funding source can send and/or receive funds and whether it’s eligible to receive Instant Payments. (Note: Instant Payments must be enabled on your account to send funds via the RTP® network or the FedNow® Service.)
We've also added a new notification at the top of the Funding Source Details page to provide clarity when a funding source has been removed. This notification will inform you when the funding source was removed and why (removed by a user via the Dwolla API, removed by one of your team members via the Dwolla Dashboard, or removed by the Dwolla system due to a return).
Other Dashboard Improvements
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Revamped Customer Documents Page: The new page adds support for multiple failure reasons, provides clearer document statuses and more detailed failure reason comments, and splits Beneficial Owner documents by owner.
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Improvements to MassPay:
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Easily determine payment status at a glance with new status chips.
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Search by correlation ID to find specific transfers.
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Click direct links to individual transfers to see details on any transfer within a batch.
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- Bug fix: When you land on the Permissions page, you can now see all the permissions immediately instead of having to click “Custom Access” first.
Balance
Business Verified Customer Record (bVCR) Verification Process Improvements
Previously, when issues occurred during onboarding and verification for Business Verified Customer Records (bVCRs), it was often time-consuming to identify the problem and almost always required you to contact our CX team for clarification. To help address this, we've automated our system to provide you with near real-time notifications, or "verification directives," via webhooks in our API when errors occur. These directives are also available on the customer record within the Dwolla Dashboard. Near real-time verification directives are provided by Dwolla’s new business onboarding AI agent.
For more information, check out our developer documentation:
Expanded Instant Payment Support
We've enhanced Dwolla Balance to orchestrate between instant payment networks (the RTP network and FedNow Service). Now, you can initiate an instant payment, and our API will automatically select the best network based on the recipient's bank.
Key Benefits:
- Increased Payment Reach: Reach more recipients with enhanced support for multiple instant payment networks.
- Effortless Payment Routing: Simplify your payment workflows with automatic network selection.
Currently, if a user's funding source is eligible for both RTP and FedNow, we prioritize RTP to ensure consistency for your existing payees. If you wish to use FedNow as the preferred network for sending payments, please contact us to adjust the default prioritization.
Virtual Account Numbers Now Available (Beta)
We're excited to announce that Dwolla's Virtual Account Numbers (VANs) are now available for beta clients! VANs are unique routing and account number pairs directly linked to your Dwolla digital wallet. They act as a secure proxy for your primary bank account and allow you to easily receive funds into your Dwolla wallet from diverse sources such as payroll systems and popular mobile wallets.
If you’re interested in participating in the beta or learning more about using VANs through Dwolla, you can:
- Reach out to your relationship manager or relationshipmanagement@dwolla.com if you already have an account with Dwolla.
- Reach out to our sales team to schedule a payments consultation and explore how our solution could work for your use case.
Developer Tools
Typescript SDK (Beta)
We’re excited to announce the beta release of our new TypeScript SDK, designed to enhance the developer experience for those integrating with the Dwolla API, especially users of dwolla-v2-node or third-party HTTP client libraries like Axios. This SDK offers type-safe API integration to reduce common coding mistakes and runtime errors, boosted developer productivity through comprehensive TypeScript definitions, and complete API coverage generated from Dwolla's OpenAPI specification. We’ve thoroughly tested core operations such as authentication, customers, funding sources and transfers.
Check out the beta package dwolla-typescript v0.0.1-beta.1 and view the GitHub repository, including the GitHub README. As you use it, share your feedback on valuable utilities, bug reports and performance by emailing developers@dwolla.com.
MCP Server (Beta)
We’ve released a beta version of our new Model Context Protocol (MCP) Server, an open-source tool designed to integrate Dwolla API data directly into AI-powered development environments. This locally runnable server provides secure, read-only access to Dwolla API data, enabling intelligent debugging and natural language queries for information like customer verification status and transfer details within IDEs (e.g., Cursor, VS Code) or desktop apps (e.g., Claude Desktop). The MCP Server helps streamline development by providing immediate insights into API issues, such as identifying end-user verification problems and suggesting resolutions.
The Dwolla MCP Server is available on GitHub and NPM.
Test it out and provide feedback on usage, valuable API queries, bugs, and ideas for future enhancements by emailing developers@dwolla.com.