June 2019 Updates - Featuring Loan Accounts

June 2019 Updates

As we progress towards our mission of building the ideal platform to move money, we continually introduce ways to showcase our customers’ businesses and brands.
By listening to the needs of our API clients, we are able to evolve our offerings to better support their needs.

Check out our updates from the Month of June:

New API bankAccountType - Loan Account:

Many Dwolla clients have use cases where Customers may need to move money from one bank account to a loan account for the purpose of loan payoffs. Now, in the Dwolla API, you can add a loan account funding source. This funding source can also be assigned on transactions for Loan Account Credits. To learn more about this feature and how to enable it in Sandbox, contact our team.

SDK Updates:

Token Management Support: dwolla-v2-node (v3.0+)

Access Tokens expire after 60 minutes, requiring developers to retrieve a new token when their current token expires. dwolla-v2-node (v3.0+) introduces new request methods on the client object itself that take care of managing tokens for you. Check it out!

Beta Release: Kotlin/Java SDK

Our Kotlin/Java SDK is now in beta. We’ve added some higher-level methods in addition to the lower-level GET, POST and DELETE methods found in our existing SDKs. These methods perform common tasks like fetching resources upon creation and bake-in best practices like idempotency keys. Most importantly, their type signatures specify the parameters required for each request. Check it out!

Tech Topics:

Each month our engineering team produces technical content for the engineering community. These could be product updates, as well as some infrastructure improvements Dwolla has made for others to learn how to implement them within their own organizations.

Platform Reinforcements:

Dwolla systems continue to maintain excellent uptime in June, exceeding our uptime commitment of 99.9% uptime.

Upcoming updates:

We are actively working on making an update for customers moving funds between two accounts that are owned by the same individual, typically referred to as a Me-to-Me funds flow. Currently, two API calls would be required for that to work. With this new update, the same functionality can be performed with only one API call. Stay tuned for more details.