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Same Day ACH credit transfers are officially live in the United States thanks to NACHA. Just before Same Day went live for banks, Dwolla announced our Same Day ACH pilot program, and hundreds of businesses reached out, eager for faster payments and Same Day ACH functionality. If you’re just ... Read more
Announcing Dwolla’s Same Day ACH Pilot Program In the United States, the ability to transfer funds from one bank account to another within the same business day has been a pipedream since the 1970s. The ability to not only do that, but do it affordably and through an API ... Read more
This is the third and final post in our series exploring the potential benefits of Same Day ACH. You could also say this is the most nuanced post in our series since financial institutions and services provide the products and access needed to leverage ACH. And starting September 23, ... Read more
Coming September 2016, speedier bank transfers will begin to become a reality. To understand the potential impacts of this new development in the ACH network, we’re doing a three-part series looking at how different parties stand to benefit from the implementation of same day bank transfers. In this post, ... Read more
There has been a lot of talk around Same-Day ACH, an affordable, reliable, and secure way to transfer funds between US bank accounts on the same business day. The new enhancement, which begins phase 1 of its roll out September of 2016, could be a game changer, but how ... Read more
There’s a lot of buzz about fintech, the future of money and the idea of innovation in the financial space. New companies and partnerships are emerging to bring added value to finance. However, the meaningful innovation sometimes is about finding ways to bring our old, established systems into the present, ... Read more
Dwolla, Inc. is an agent of Veridian Credit Union and Compass Bank and all funds associated with your account in the Dwolla network are held in pooled accounts at Veridian Credit Union and Compass Bank. These funds are not eligible for individual insurance, including FDIC insurance and may not be eligible for share insurance by the National Credit Union Share Insurance Fund. Dwolla, Inc. is the operator of a software platform that communicates user instructions for funds transfers to Veridian Credit Union and Compass Bank.