This is on their website.. <Quote> Dwolla, Inc. is an agent of Veridian Credit Union and Compass Bank and all funds associated with your account in the Dwolla n

This is on their website.. <Quote> Dwolla, Inc. is an agent of Veridian Credit Union and Compass Bank and all funds associated with your account in the Dwolla network are held in pooled accounts at Veridian Credit Union and Compass Bank. These funds are not eligible for individual insurance, including FDIC insurance and 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 and Compass Bank. </Quote> So they are effectively piggybacking on IFX calls on these bank servers and still using ACH (Account Clearing House?). This is a programmer friendly easily embeddable api for web sites etc. but still using the standard stuff. To call it "Transfer Platform" is a bit confusing to me. I would be damned if Dwolla is actually doing an IFX SignOn with those user name and password, for verifying accounts.