Dwolla Launches Virtual Account Number Feature
This new offering provides additional functionality to simplify payment workflows and reconciliations, enabling further open banking innovation. Dwolla, a fintech company powering innovation with sophisticated account-to-account payment solutions, announced the release of Virtual Account Numbers (VANs), a highly anticipated feature to unlock the connection between banks and fintechs. Unlike virtual account numbers for credit cards, VANs are a process management tool to enable organizations to manage complex payment workflows. These transfers can be to and...