Leaders In Payments

Dave Glaser, CEO of Dwolla | Episode 270

Oct 24, 2023

Dave Glaser, CEO of Dwolla, shares his insights on account-to-account payments and Dwolla's strategic shift towards mid-market and enterprise clients. They discuss the transformation of traditional payment methods, the rise of A2A transactions in retail, and the potential of AI in innovation. Dave also shares his career journey and his passion for the payments industry.

27:36

Episode guests

Dave Glaser

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Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Account-to-account (A2A) transactions are gaining traction and may replace credit card transactions in the retail sector, driven by the desire for more convenient and streamlined payment experiences.

Dwolla, a payment infrastructure provider, offers flexible APIs and innovative solutions, allowing businesses to automate transactions, reduce processing times, and offer fast and secure payment experiences to their customers.

Deep dives

Payments industry trends: Virtual and seamless transactions on the rise

The payments industry is experiencing a shift towards virtual and seamless transactions. With advancements in technology, face-to-face transactions, such as real estate closings, are becoming more virtual and seamless. Additionally, account-to-account transactions (A to A) are gaining traction and may replace credit card transactions, even in the retail sector. This shift is driven by the desire for more convenient and streamlined payment experiences. A to A transactions offer benefits such as reduced processing costs for retailers, which can help improve profitability.

Introduction

2min

Introducing Dave Glaser and his Background

9min

The Future of Payments and the Rise of Omnichannel Commerce

3min

The Shift to Account-to-Account Payments in Retail

5min

Professional Journey in the Payments Industry

10min

Prepare to revolutionize your understanding of account-to-account (A2A) payments with our special guest, Dave Glaser, CEO of Dwolla. Dave presents a fascinating insight into the company's innovative approach towards A2A payments, including their strategic shift towards servicing mid-market and enterprise clients. We delve into Dwolla’s new product, Dwolla Connect, and how companies can leverage this technology while maintaining existing treasury relationships. Dave, with his wealth of experience in the payments and fintech industry, also shares his journey and his exciting career highlights involving Cybersource, WorldPay, and now, Dwolla.

We cast a broad net over the rapidly evolving fintech landscape, discussing how traditional payment methods are getting a major makeover. From the omnipresent ACH transactions and real-time payments to the rise and triumph of companies like Square and Stripe, we uncover the seismic shifts in the industry. We probe into the potential transition from credit cards to A2A transactions at retail and explore how these changes are enabling merchants to accept payments anytime, anywhere, via any device. Lastly, Dave shares valuable career advice and discusses the role of artificial intelligence in Dwolla's innovation strategy, bringing a holistic perspective to the conversation about the future of payments and the fintech industry as a whole.

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Leaders In Payments

Dave Glaser, CEO of Dwolla | Episode 270

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Payments industry trends: Virtual and seamless transactions on the rise

Dwolla's focus on A to A payments and serving mid-market and enterprise clients

Distinguishing factors of Dwolla in the payments industry

The future of payments: Easier, more seamless, and increased A to A transactions

Remember Everything You Learn from Podcasts