Modern payments platform Dwolla has tapped industry veteran Dave Glaser, most recently of Mastercard, to lead its team as president and chief operating officer, according to a company blog on Tuesday (March 9).
Dwolla will be able to help the company boost its enterprise growth strategy, customer onboarding, implementation and service processes.
Glaser worked at Mastercard as the senior vice president of Global Acceptance Solutions, where he worked on spearheading new point-of-sale initiatives, acceptance products, and solutions for acquirers and merchants. The solutions include the industry’s first CloudPOS acceptance technology.
“Companies around the world are embracing the move to digital payments, seeking fast, secure and simple solutions to transfer money,” Glaser said. “Dwolla is well-positioned to capitalize on this momentum with its modern platform for institutions of all sizes that need instant payment transfers to a bank account or debit card. I’m looking forward to working with the Dwolla team to drive growth and further solidify Dwolla’s position in the market as a modern payments platform.”
Dwolla CEO Brady Harris said Glaser was “joining us at a pivotal time in Dwolla’s history.”
“He will play a key role in helping Dwolla fuel innovation in real-time payments and provide our customers with the most options to move money,” Harris said, according to the blog.
Harris told Karen Webster last October that people were usually very slow to adapt to new payment modules, and the new digital methods brought on by the pandemic have been speeding up the change. The COVID-19 impact, according to Harris, ended up bringing onboard new customers for Dwolla, with more revenues and people making bolder decisions on what programs to use. Harris said one thing companies have been learning is that funds need to move faster due to the fiscal constraints of the time.