The need to leverage machine learning in protecting against fraud becomes increasingly valuable as payment volume scales. With this in mind, many Dwolla customers look for the right solution to help manage risk for their ACH payments.
Often, we see customers choosing to use Sift in order to better monitor and protect against fraud. We understand the value Sift’s real-time risk scoring model can provide our customers, so we’ve integrated the service right into the Dwolla API.
- Register for a Sift Account
Integrationsunder your account settings, or visit https://dashboard.dwolla.com/account/integrations
- Toggle to turn Sift on, and enter your Sift Key
Account in the Dwolla API Dashboard. Then you are all set!
The events below are sent to Sift on your behalf by Dwolla’s API, and there is no additional development needed on your side. Events will begin populating into Sift once your integration is complete.
|Dwolla Event||Sift Event|
|Customer Suspended||Label User with $abuse_type = ‘account_abuse’|
|Customer Funding Source Added||$update_account|
|Customer Funding Source Removed||$update_account|
|Transfers||$transaction with $transaction_type = ‘$transfer’|
|Transfers In||$transaction with $transaction_type = ‘$deposit’|
|Transfers Out||$transaction with $transaction_type = ‘$withdrawal’|
If you would like to go live with your Dwolla API integration, please reach out to our sales team. If you already have an Dwolla API Integration and would like to get started with Sift, log in and connect your Sift account now.
Financial institutions play an important role in the Dwolla network.
Dwolla, Inc. is an agent of Veridian Credit Union and all funds associated with your account in our network are held in one or more pooled accounts at Veridian Credit Union. These funds may not be eligible for share insurance by the National Credit Union Share Insurance Fund. Dwolla, Inc. is the operator of a software platform that communicates user instructions for funds transfers to Veridian Credit Union.