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Dwolla Connect Drives Value for Enterprises with New Open Finance Integrations



Tokenized solution uses Dwolla’s API to facilitate data exchange between third-party data providers, payment technologies and financial institutions

DES MOINES, Iowa, Oct. 30, 2023 /PRNewswire-PRWeb/ — Dwolla, a leading account-to-account payment services provider, announced the expansion of its latest solution, Dwolla Connect, by integrating it with the open finance ecosystem. This integration helps Dwolla Connect clients securely transfer open finance data to the Dwolla platform, unlocking new capabilities like bank verification through trusted third-party providers (including MX, Plaid, Finicity – Mastercard’s U.S. open banking arm – and Flinks). It also marks a significant step forward in secure payment experiences, bringing together the best of data protection and payments automation for finance and technology teams at mid- to enterprise-sized companies.

At the heart of this new feature lives the Dwolla Secure Exchange Solution, a tokenized solution Dwolla released in July 2022. The Secure Exchange Solution prioritizes flexibility, provides a deeper connection into the open finance ecosystem and unlocks expanded functionality within the Dwolla platform in the future. This allows Dwolla to be more interoperable with third party providers, so clients can choose which providers they want to work with and configure a solution to meet their needs.

“87% of consumers utilize open banking in the United States today, which is why it’s critical for businesses to embrace this aspect of digital transformation,” said Skyler Nesheim, CTO of Dwolla. “This latest innovation for our Dwolla Connect solution empowers clients to simply attach bank accounts and process payments by securely exchanging tokenized information. We are simultaneously simplifying the payment process and giving them secure access to critical financial data.”

Key Features of Dwolla Connect + Secure Exchange Solution:

  • Enhanced Security: By exchanging tokens with trusted partners, Dwolla Connect clients can share information securely, protecting it from malicious actors and ensuring data integrity.
  • Flexibility and Scalability: The Secure Exchange Solution prioritizes flexibility, enabling rapid onboarding of new data providers.
  • Simplified Integration: With minimal engineering resources, businesses can leverage the power of Open Banking, offering users a secure, tokenized experience without the complexities traditionally associated with such solutions.

“We believe in working across the industry to foster a truly open environment that puts the customer at the center and enables better money experiences,” explained Don Parker, Executive Vice President of Partnerships, MX. “Embracing Dwolla’s Secure Exchange Solution is another step in embracing an open finance ecosystem that champions both security and innovation for the good of consumers and businesses. Together, we’re helping usher in a new era of digital financial services that fosters inclusivity and accessibility.”

“Mastercard’s commitment to data responsibility and instilling trust in the digital ecosystem is at the heart of our partnership with Dwolla,” said Jess Turner, executive vice president, Global Open Banking & API at Mastercard. “We are delivering the consumer-permissioned financial data needed for innovation, and we do it in the way our customers require, and consumers have come to expect — simply, safely and securely.”

“Being adaptable and collaborative is essential in today’s ever-changing open banking landscape,” says Yves-Gabriel Leboeuf, CEO at Flinks. “Dwolla’s Secure Exchange Solution does a fantastic job bringing together financial institutions and data providers through their secure, tokenized interface. Partnering with innovative leaders like Dwolla helps us push the boundaries of what’s possible in today’s financial industry, specifically payment initiation in the US. Together, we’re driving change while making financial services smarter, more secure, and accessible for everyone.”

“Plaid and Dwolla have a longstanding partnership to deliver bank payment solutions and were among the first to offer a tokenized framework through Dwolla’s Secure Exchange Solution,” said Tamara Romanek, Head of Partnerships at Plaid. “Together we can offer companies a seamless Account to Account (A2A) payment solution that includes account authorizations, identity verification, and even transaction risk assessment through newer products such as Plaid Signal. This allows joint customers to offer faster, more secure bank payments for a variety of use cases and we’re excited to be bringing these solutions to the market together.”

Dwolla’s Secure Exchange Solution simplifies operations, enabling ongoing enhancements of its features. As Dwolla expands, its commitment to client flexibility and scalability remains unwavering. Clients can seamlessly configure solutions tailored to their needs, all within the unified Dwolla integration framework.

About Dwolla:

Dwolla is a trusted leader in payment services, powering innovations with sophisticated account-to-account payment solutions. Dwolla’s robust technology and easy-to-implement API simplify the complex process of integrating with the ACH and real-time payment networks to create a single end-to-end solution. Hundreds of SMBs and Fortune 500 companies use Dwolla’s technology to help move over $45B annually. Dwolla’s platform is the perfect solution for businesses seeking to streamline their payment processes, reduce errors and scale their operations. For more information on Dwolla’s services, visit http://www.dwolla.com/.

Media Contact
Emmi Buck, Dwolla, 1 2532976311, [email protected], www.dwolla.com

SOURCE Dwolla

Alliance of Channel Women Announces Winners of 2023 LEAD Awards


  • Tracy Hali, Vice President, Sales Operations at Intelisys
  • Holly Hunt, National Sales Director, Indirect Sales Channel at Comcast Business
  • Kathryn Rose, founder of channelWise

The Alliance of Channel Women’s LEAD Award is presented annually to exceptional female leaders in the technology channel. It celebrates women who are courageous, creative, collaborative, connected and confident in advancing channel careers. It also seeks to inspire other channel women to follow their lead.

“The LEAD Award honors influential women leaders in the tech channel,” said Cassie Jeppson, ACW President and Director of North America Operations and Strategy at Lenovo. “We recognize these amazing women with the LEAD Award for their inspiring leadership example within their companies, the channel and the community at large.”

Winners were selected by the ACW Board of Directors from nominations received from June 30-August 18, 2023, via an online application. Nominations came from third parties or candidates themselves. All applicants were required to demonstrate leadership and innovation in the channel as well as support, advocacy and mentorship of women in the channel.

About the Alliance of Channel Women
Founded in 2010, the Alliance of Channel Women is a not-for-profit organization of women in the indirect sales channel of the telecom and IT industry. The Alliance of Channel Women brings us together to empower and advance women’s careers and leadership roles in the technology channel through education, community, advocacy and opportunities for personal growth. To learn more and to become a member, please visit http://www.allianceofchannelwomen.org.

Media Contact
Khali Henderson, Alliance of Channel Women, 480.848.6726, [email protected], www.allianceofchannelwomen.org

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SOURCE Alliance of Channel Women



Alliance of Channel Women Thanks Outstanding Volunteers with 2023 ACT Awards


  • Madison Beedy, National Channel Manager at One Ring Networks and Member of the ACW Sponsorship Committee
  • Sommer Figone, Senior Manager, Marketing at RapidScale, a Cox Business Company, and Co-chair of the ACW Events Committee
  • Vicki Patten, Vice President of Channel at Ntirety and Member of the ACW Mentorship Committee
  • Alexie Teferi, Account Director II, Channel Development at Lumen and Co-chair of ACW Mentorship Committee

“ACW relies on member volunteers for ideas and energy to help drive our community programs,” said Cassie Jeppson, ACW President and Director of North America Operations and Strategy at Lenovo. “We thank our outstanding volunteers — Madison Beedy, Sommer Figone, Vicki Patten and Alexie Teferi — for going above and beyond in supporting this community-driven organization and contributing to its success.”

ACT Award winners are selected annually by the ACW Board of Directors based on nominations from ACW committee chairs.

About the Alliance of Channel Women
Founded in 2010, the Alliance of Channel Women is a not-for-profit organization of women in the indirect sales channel of the telecom and IT industry. The Alliance of Channel Women brings us together to empower and advance women’s careers and leadership roles in the technology channel through education, community, advocacy and opportunities for personal growth. To learn more and to become a member, please visit http://www.allianceofchannelwomen.org.

Media Contact

Khali Henderson, Alliance of Channel Women, 480.848.6726, [email protected]m, www.allianceofchannelwomen.org

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SOURCE Alliance of Channel Women



Smith Names Megan Pedigo Vice President of Global Supply Chain Assurance


Megan joined Smith’s Houston Operations department in 2000 as a coordinator for the company’s regional offices. She relocated to Amsterdam and was named EU Director of Operations in 2008. She returned to Houston three years later and joined the company’s Purchasing team, where she helped integrate her operational expertise into Smith’s global purchasing strategy. She was named to her most recent role of Director of Purchasing – Services/Peripherals in 2021.

“Megan’s career at Smith has equipped her with a unique perspective, as it has spanned both the Operations and Trading functions within our company,” said Art Figueroa, Senior Vice President of Global Operations at Smith. “This experience has given her the insight that is required to delve into complex and difficult issues that arise within our business. She is smart, dedicated, versatile, and never shies away from challenging situations.”

Throughout her tenure, Megan has driven numerous initiatives to support the company’s commitment to continuous improvement.

“Megan embodies the entrepreneurial spirit of Smith by looking around, seeing what is not done, becoming an expert on the subject, and taking Smith to the next level,” said Jennifer Kabbara, President, Americas at Smith. “Smith is a leader among all independent distributors in terms of supply chain protection due to her continuous efforts on vendor management, application-specific testing protocols, and systemization of our trading platform. Her tireless pursuits help protect Smith and our customers and ensure we are in compliance with all relevant regulations, and these successes shine through when our customers and certifying bodies come to audit us. In collaboration with a tremendous interdepartmental team, Megan’s contributions far outpace any of our competitors. She has changed the landscape of Smith, and we are better for it.”

Known for her business acumen and in-depth knowledge of Smith’s products, services, and systems, Megan has consistently been a go-to person when challenging issues arise.

“During her 20-plus years at Smith, Megan has been instrumental in shaping Smith’s vendor development and trading and operational platforms,” said Thuy Tran, Chief Risk Officer at Smith. “She takes every challenge and works tirelessly, no matter the hour, to deliver an effective solution. Megan’s promotion recognizes the vital role she has played and continues to play in strengthening Smith’s leading position in the industry.”

Her focus on cross-department collaboration and regional growth and development will help to foster a more robust and resilient supply chain that can quickly adapt to ever-evolving market shifts.

“I have had the pleasure of working with Megan on a daily basis, and no matter what situation is put in front of her, she always uses a strategic thought process to determine the best course of action for Smith,” said Todd Snow, Vice President of Global Purchasing at Smith. “Megan does not ask for responsibility; she takes it. She takes ownership of everything that hits her desk. Her ability to navigate both the vendor and customer sides of every deal is unmatched at Smith, and she has helped take our vendor development and rating initiatives to the next level. Megan combines a strong level of business acumen with best-in-class organizational skills and attention to detail to navigate all internal and external enhancements to our supply chain. We are excited to see Megan continue to grow within Smith as she takes on this new, expanded role with our company.”

About Smith

Founded in 1984, Smith sources, manages, and distributes the electronic components that go into everything from mobile phones and computers to appliances and automobiles. In 20 cities around the world, Smith’s legion of employees communicates in 50 languages and dialects and buys and sells components 24 hours per day, generating global annual sales in excess of $4.7 billion in 2022. Smith is always moving: helping manufacturers navigate market shifts; customizing supply chain solutions; testing components using cutting-edge technology. The support of Smith’s flexible Intelligent Distribution™ model optimizes customers’ supply chains from beginning to end, including offering customized options for IT asset disposition that deliver maximum ROI, sustainability, and security. Smith’s testing and logistics hubs in Houston, Hong Kong, Amsterdam, and Singapore cover critical areas like quality management, counterfeit prevention, and environmental safety. Smith’s operations, purchasing, and sales worldwide are seamlessly integrated with the company’s global IT infrastructure, offering real-time, global inventory and logistics visibility. Smith is the leading independent distributor of electronic components and ranks number six among all global distributors. For more information, please visit http://www.smithweb.com or reach out to a Smith representative any time of day at +1 713.430.3000.

Media Contact
Rich Witmer, Smith, +1 713.430.2141, [email protected], www.smithweb.com

SOURCE Smith

Deloitte Canada joins Lime Connect as Corporate Partner


Deloitte believes fully in the value that people with disabilities bring to the corporate workplace, and is all about doing business inclusively – that starts with having diverse colleagues of all abilities.

The company will leverage The Lime Community platform and other connection points to identify university students and experienced professionals interested in exploring career opportunities with Deloitte. In addition, Deloitte Canada’s partnership benefits the professional development of The Lime Network members – supporting the organization’s work in providing tools, self-confidence, community, and connections.

“We are excited about our partnership with Lime Connect! At Deloitte, we foster a work culture that promotes inclusive hiring where one can bring their true selves to work. Each person who chooses our firm should feel included, valued, empowered, and inspired. That’s how people unlock and achieve their potential,” said Carole Mendonca, National Leader of Accessibility at Deloitte.

Andrew Masson, president of Lime Connect Canada’s board of directors, says “Lime Connect is proud to welcome Deloitte to our corporate partner group. Deloitte was named one of the Best Workplaces in Canada by Great Place to Work® in 2023, and they are an outstanding company that strongly complements our existing list of partners. We know that the professional career opportunities they offer will be extremely attractive to our Network members and look forward to realizing much success through our collaboration.”

Deloitte encourages candidates who have disabilities, and an interest in exploring a future with the firm, to apply to attend Lime Connect’s numerous upcoming recruitment receptions across the provinces, and virtually.

Disabled university students and experienced professionals can learn more about Lime’s career, community, and professional development resources; and apply to Deloitte Canada roles directly, by joining The Lime Network Community.

About Lime Connect
Lime Connect is a not for profit organization that is rebranding disability through achievement – with the largest network of high high-potential university students and professionals with disabilities (including veterans) in the world. Lime attracts, prepares, and connects disabled individuals for scholarships, leadership programs, internships, and full-time careers with our partners – the world’s leading corporations. This work showcases the vast strengths and talents that are found in disabilities, and provides individuals with tools, self-confidence, community, and connections to realize their dreams.

Lime Connect developed The Lime Community in 2023 as the go-to resource for talent, education, and community in the disability talent space. All individuals with an interest are encouraged to join, and engage, as People with Disabilities (Lime Network members’ private community), or the broader communities of Friends of Lime (allies), university partners, and corporate partners.
Learn more, and join us, at http://www.limeconnect.com.

About Deloitte Canada
Deloitte provides audit and assurance, consulting, financial advisory, risk advisory, tax, and related services to public and private clients spanning multiple industries. Deloitte serves four out of five Fortune Global 500® companies through a globally connected network of member firms in more than 150 countries and territories bringing world-class capabilities, insights, and service to address clients’ most complex business challenges. Deloitte LLP, an Ontario limited liability partnership, is the Canadian member firm of Deloitte Touche Tohmatsu Limited. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see http://www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.

Our global Purpose is making an impact that matters. At Deloitte Canada, that translates into building a better future by accelerating and expanding access to knowledge. We believe we can achieve this Purpose by living our shared values to lead the way, serve with integrity, take care of each other, foster inclusion, and collaborate for measurable impact.

To learn more about Deloitte’s approximately 330,000 professionals, over 11,000 of whom are part of the Canadian firm, please connect with us on LinkedIn, Twitter, Instagram, or Facebook.

Media Contact

Susan Lang, Lime Connect, 212.521.4469, [email protected], www.limeconnect.com

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SOURCE Lime Connect



Trepp and Commercial Real Estate Direct Release Q3 2023 Edition of Quarterly Data Review, Analyzing Distress in the Commercial Real Estate Market


As rates increase, the market faces a historic volume of mortgage maturities and office distress has led to a significant increase in loans that are in special servicing or are delinquent on payments.

“Interest rates have surged to levels not seen in more than 16 years, all while office users are rethinking office space needs. In addition, what appears to be an unprecedented volume of commercial mortgages will be maturing in the coming years,” said Orest Mandzy, Managing Editor of CRE Direct. “Many, if not most of those loans were written when rates were sharply lower than they are today. Industry players should brace themselves for what could be a lengthy, bumpy ride.”

The magazine includes stories exploring mortgage maturities, increases in CMBS delinquency and special servicing volumes, loss from mortgages held by life insurers, a country-wide map of inventory and vacancy rates, and much more.

Access The Q3 2023 QDR Magazine here: https://www.trepp.com/q3-2023-quarterly-data-review

For more information on The Q3 2023 Quarterly Data Review or any of the analyses, email [email protected] or visit http://www.Trepp.com. Follow @TreppWire and @crenewstweets on Twitter for daily CRE and CMBS market updates.

About Trepp

Trepp, founded in 1979, is the leading provider of data, insights, and technology solutions to the structured finance, commercial real estate, and banking markets. Trepp provides primary and secondary market participants with the solutions and analytics they need to increase operational efficiencies, information transparency, and investment performance. From its offices in New York, Dallas, and London, Trepp serves its clients with products and services to support trading, research, risk management, surveillance, and portfolio management. Trepp subsidiary, Commercial Real Estate Direct, is a daily news source covering the commercial real estate capital markets. Trepp is owned by the Daily Mail and General Trust (DMGT).   

About Commercial Real Estate Direct

Commercial Real Estate Direct, founded in 1999 and a subsidiary of Trepp, is a daily news source covering the commercial real estate capital markets. Each day, its seasoned staff of editors and real estate journalists delivers up-to-date market intelligence on the mortgage business, equity raising, investment sales, and CMBS. CRE Direct also provides its readers with actionable data through its Property Sales Database, which details more than 25,500 large property transactions, CMBS Pricing Matrix, the industry’s only weekly pricing survey, and the CMBS Pipeline, a calendar of upcoming transactions with historical pricing information.

“Interest rates have surged to levels not seen in more than 16 years, all while office users are rethinking office space needs. In addition, what appears to be an unprecedented volume of commercial mortgages will be maturing in the coming years,” said Orest Mandzy, Managing Editor of CRE Direct

Media Contact

Ennys Soydas, Trepp Inc., 2127541010, [email protected], www.trepp.com

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SOURCE Trepp Inc.