A Deep Dive into Pay by Bank and Open Banking with Dwolla and Visa

In this episode:

This podcast discusses how open banking is revolutionizing the way we pay bills online. Pay by bank, a new method facilitated by open banking, allows consumers to directly link their bank accounts to businesses, streamlining the payment process. This offers benefits like improved user experience, reduced costs, and enhanced security. Key figures like Dave Glaser from Dwolla, Ben Glock from Visa, and Amy Morris from Nacha explain the technical aspects, consumer preferences, and industry regulations surrounding this innovative payment method.