Dwolla: Dwolla and Plaid Expand Integration.

BANKING AND CREDIT NEWS-March 17, 2025-Dwolla and Plaid Expand Integration (C)2025 M2 COMMUNICATIONS http://www.m2.co.uk US-based account-to-account payment solution Dwolla's expanded integration with data network Plaid is now available, the company said. Dwolla's clients are now able to leverage Plaid's instant account verification and real-time balance check alongside comprehensive pay-by-bank payments through a single vendor and a single API. The new solution operates via a single API that seamlessly provides access to open banking services integrated with pay-by-bank payment methods, including ACH, RTP and FedNow. This consolidated infrastructure reduces technical overhead and vendor management complexities by integrating multiple financial functions into one vendor-managed solution while enhancing efficiency and accelerating development cycles. Branded Research, the companies' first beta client, is leveraging the new Dwolla-Plaid integration to transform its survey payout process. Their platform enables users to complete surveys in exchange for payments, and by employing Dwolla's integration with Plaid, they can securely and instantly verify user accounts and initiate payments through a single API. Looking ahead, Dwolla plans to further enhance this unified solution by integrating additional Plaid functionalities--including identity data, expanded transaction insights and Plaid Signal for advanced ACH return risk scoring--delivering even deeper network-powered insights for risk management and operational efficiency. In addition to the unified API solution, Dwolla and Plaid can work together through the Secure Exchange Solution, which allows clients to maintain a separate contract and API integration with both companies. This flexible model ensures businesses have the tailored connectivity options they need to meet their unique payment process requirements. Dwolla is a pay by bank payments platform, processing USD 67bn in transactions for more than 20m users annually. Dwolla's infrastructure layer replaces legacy technology through a single API. Dwolla delivers enhanced security, data visibility and a superior customer experience. With 16 years of innovation in the payments landscape, Dwolla takes the complexity out of payments so businesses can focus on what matters most. ((Comments on this story may be sent to info@m2.co.uk))