Payments and Fraud Protection Go Together Like PB&J
By Genny Couch /
22 Jul 2019
At Dwolla, our vision is to support the value layer of the internet.
Since our inception nearly a decade ago, we have been focused on empowering our customers with the technology to move money in the most efficient and secure way possible. Our white-labled API allows our customers to connect to the US banking network without the added complexities of partnering directly with a financial institution. Due to the nature of our technology, our customers are able to keep their branding front-and-center with end users.
Dwolla works with innovative companies across the US, changing the way various industries — investing, rental payments, gig economy disbursements, business to business payments and many more — think about their approach to payments.
As different technologies continue to evolve and the accessibility for moving money continues to grow, there’s an increase in opportunity for fraudulent actions. The need to leverage machine learning in protecting against fraud becomes increasingly valuable as payment volume scales.
Because the Dwolla API remains behind the scenes of our customers’ applications, we’ve found a way to help our customers leverage transaction data such as IP addresses, session info, cookies, etc. by partnering with an industry leader in fraud prevention, Sift.
Dwolla partners with Sift to provide the Digital Trust & Safety Suite, which combines custom machine learning models with data from Sift’s network of 34,000 sites and apps to deliver unparalleled accuracy that proactively stops fraudulent behavior. Sift makes it easier for businesses to prevent fraud, streamline operations, and drive revenue growth.
Dwolla is always excited to partner with other industry-leading companies to ensure we can provide our customers and their end users the best possible experience. The Sift integration is an example of just that: providing real-time ACH fraud prevention and helping businesses continue to grow.
If your business is looking for a solution to improve your existing payments experience, consider Dwolla. Anyone is able to kick the tires for free in Dwolla’s open sandbox environment. Test drive the Dwolla platform and find out how an ACH optimized API and an integration with Sift could benefit your business.