Skip to main content
Skip to main content

Dwolla Vendor Risk Assessment — Full Report

Before you share customer data with Dwolla, your compliance team needs documented proof they can be trusted. ThirdProof investigated Dwolla across 27 intelligence sources — here's what we found.

Risk Tier
Tier 3Moderate Risk
SOC 2
⚠ Vendor Attested
FedRAMP
— Not Authorized
Last Assessed
Mar 22, 2026
🟡IP Reputation: Abuse score: 4%, 2 reports🟡SSL/TLS: TLSv1.3🟢Infrastructure: 13 open ports, 0 CVEs🟢Sanctions: Clear — No matches found
SOC 2 Status
Dwolla has a SOC 2 claim detected on their trust page. Claim is vendor-attested — no public registry exists for independent verification.
Sanctions Screening
Dwolla returned no matches in OFAC SDN, EU Consolidated, and UN sanctions screening.
Risk Tier
ThirdProof assigned Dwolla a Moderate Risk tier with 77% confidence across 27 intelligence sources.

24 sources queried. 96% confidence. Every Dwolla investigation produces both a risk report and an auto-filled security questionnaire — no vendor follow-up required.

Get Dwolla's Full Report Free →
5 free investigations|Risk report + auto-filled questionnaire|Avg. 7 minutes

Certification & Compliance Status

Need a complete vendor security questionnaire?

Run a full ThirdProof investigation to get 133 security questions auto-filled with source evidence — ready for your next audit or vendor onboarding review.

Get Dwolla's Full Report Free →
27 data sources queried per assessment
Reports generated in an average of 7 minutes
SHA-256 verified for audit integrity
Deterministic risk scoring — no AI guesswork
3Tier

Moderate Risk

Dwolla

Vendor Risk Assessment

Confidence Score96%

Based on data availability and source coverage

24

Sources Queried

23

Sources With Data

March 22, 2026

Last Assessed

Executive Summary

AI-generated analysis for Dwolla

Dwolla (dwolla.com) is a payment infrastructure API provider offering ACH and real-time bank payment capabilities, assessed at Risk Tier 3 (Moderate Risk) with a 96% confidence score. The vendor reports processing 126M+ annual transactions and has maintained an established online presence since 2008. Dwolla exhibits several meaningful positive signals:

Key Findings

  • The domain has a clean Malware detection service status with zero malware or phishing detections.
  • IP reputation is clean with a 0% abuse confidence score and no abuse reports in the past 90 days.
  • The domain is 17+ years old, registered through 2027, with full DNSSEC and TLS 1.3 with AES-256-GCM encryption via Google Trust Services.
  • No sanctions matches were found across OFAC, EU, and UN watchlists.
  • No recent adverse media was identified in the past 12 months.
  • The vendor publicly claims SOC 2 Type II (Security principle) on its trust page at dwolla.com/security, and references the EU AI Act in its AI governance documentation.
  • Infrastructure is fully behind Cloudflare CDN, and no known CVEs were detected against exposed services. Several areas warrant attention prior to approval:
  • The vendor's marketing site (dwolla.com) received a D+ grade (40/100) from HTTP security header analysis. While this scan targeted the marketing site rather than the application endpoint (dashboard.dwolla.com), the result should be reviewed.
  • 21 open threat intelligence community pulses reference the domain, with pulse context suggesting the domain appears in impersonation and spyware-related tracking campaigns rather than as a direct threat actor — consistent with a high-profile payment platform being monitored or cloned by adversaries.
  • The vendor's AI data usage policy, found at dwolla.com/resources/ai-in-banking, discloses use of three third-party AI providers (OpenAI, Anthropic, and Google) but does not clearly state whether customer data is used for AI model training — a gap that warrants direct clarification given the medium data access level.
  • The subprocessor page at trust.dwolla.com/subprocessors appears to contain placeholder content rather than an active list, limiting supply chain visibility.
  • A historical FTC enforcement action from March 2016, in which Dwolla was fined $100,000 for misrepresenting its data security practices, was identified. This event is over 9 years old and has been severity-adjusted accordingly;

Area Requiring Attention

however, it provides relevant historical context for security governance expectations. Overall, Dwolla presents a moderate risk profile consistent with its Tier 3 rating. The vendor has a credible payment infrastructure track record, clean real-time threat indicators, and vendor-attested SOC 2 Type II compliance. Conditional approval is appropriate pending resolution of the AI data usage transparency gap and receipt of the current SOC 2 Type II report.

Independence Statement

All evidence in this report was independently sourced from external data providers, public registries, and open-source intelligence without vendor participation or input.

Investigation Findings

4 findings identified for Dwolla

3 medium1 low
medium

HTTP Security Grade: D+ (Marketing Site)

dwolla.com received a poor grade (D+) from Mozilla HTTP Observatory. Multiple security headers or configurations are missing. Note: This scan was performed on the marketing site (dwolla.com). The application endpoint (dashboard.dwolla.com) may have different security headers. Verify the application domain separately.

medium

Multiple Certificate Issuers (41)

dwolla.com has certificates from 41 different Certificate Authorities. This may indicate inconsistent certificate management practices.

medium

AI Training Data Practices Unclear

dwolla.com has an AI-related policy page but does not clearly state whether customer data is used for AI model training.

low

Historical Media: fined

1 older article(s) mention "Dwolla" with risk keywords. Age significantly reduces relevance: "Dwolla fined $100,000 for misrepresenting its data-security practices" (TechCrunch) https://news.google.com/rss/articles/CBMipAFBVV95cUxOVGFxTlM0VWliQ19YVjdIMlJGUzlVNXhCTDFqbnBVSUVCakNScG5jSVZaVkpEcWtRU3hORk15RzRkd2dKLVd5VzV2RzB2LVZKMTdkQlpOeW4wcW9jbXQ1ZUhzR3VIenJIQ1J6Q2VSRkVaZ3ZFUVpqZ3A0TS16TmpjUHA0Y1hHZk90UVFnWDVnQi1DeGNIVmJ5el9yUFZGS3NqNWhHRg?oc=5

Security Strengths

26 positive signals verified

No LEI Registry Match (Expected for Most Companies)

Business Registration

No Sanctions Matches Found

Sanctions & Watchlist Screening

No Recent News Coverage

Adverse Media Scan (Fallback)

Firmographic Data Available

Company Intelligence

Domain Infrastructure Healthy

Domain Analysis

Valid SSL Certificate

Domain Analysis

13 Open Ports Detected

Infrastructure Exposure

Established Domain (17+ years)

Domain Registration

Threat Intelligence Partially Available

Threat Intelligence

No Hacker News Mentions

Tech Community Sentiment

Large Certificate Footprint (99 subdomains)

Certificate Transparency

Established Web Presence (15+ years)

Web Archive History

Domain in 21 Threat Intelligence Pulses

Threat Intelligence (OTX)

Clean IP Reputation

IP Reputation

Clean Safe Browsing Status

Malware & Phishing Check

Clean Website Security Scan

Website Security Scan

Certification Claimed: SOC 2

Trust & Compliance Page Scan

Certification Claimed: CCPA

Trust & Compliance Page Scan

Subprocessor Page Found (Placeholder)

Supply Chain & Subprocessor Discovery

Not Found as FDIC-Insured Institution

FDIC Institution Check

No SEC Enforcement Filings Found

SEC Filing Search

HITRUST Directory Match — Manual Verification Required

Certification Registry Verification

SOC 2 Compliance Claimed on Trust Page

Certification Registry Verification

Third-Party AI Providers Disclosed

AI Data Usage Policy

AI Data Retention Policy Not Specified

AI Data Usage Policy

AI Governance Standards Referenced

AI Data Usage Policy

Recommended Actions

Steps to address findings for Dwolla

  1. 1

    Request Dwolla's current SOC 2 Type II report and a bridge letter — contact their security team directly or check trust.dwolla.com. Retain the report with a reviewer signature and date to satisfy SOC 2 CC9.2 evidence requirements. This is the highest-priority action.

  2. 2

    Obtain written clarification on AI data usage: ask Dwolla whether customer transaction data is used to train AI models via OpenAI, Anthropic, or Google, and what data retention periods apply. Send a direct inquiry to their privacy team or legal contact listed on dwolla.com/privacy.

  3. 3

    Manually review trust.dwolla.com/subprocessors to determine if an active subprocessor list has been published. If not, request the list formally via a vendor questionnaire or DPA addendum and request notification rights for future subprocessor changes.

  4. 4

    Verify the application security posture separately by requesting Dwolla's security documentation for dashboard.dwolla.com and api.dwolla.com — the D+ HTTP security grade was measured on the marketing site, and the production API environment may differ significantly.

  5. 5

    If Dwolla is within your SOC 2 audit boundary as a subservice organization, document the complementary user entity controls (CUECs) you are responsible for implementing — including API key management, access provisioning and deprovisioning, and monitoring of transaction activity. Ask Dwolla's compliance team if their SOC 2 report includes a CUEC section.

  6. 6

    Confirm HITRUST certification status directly with Dwolla or the HITRUST Alliance (hitrustalliance.net/certified-entities) — a possible directory match was found at 90% confidence but could not be independently confirmed.

Intelligence Sources Queried

24 sources in this assessment

23of 24 sources returned data
IP Reputation
AI Data Usage Policy
Threat Intelligence (OTX)
Certification Registry Verification
Certificate Transparency
Domain Analysis
FDIC Institution Check
Business Registration
Historical Media Search
Tech Community Sentiment
Company Intelligence
Adverse Media Scan (Fallback)
HTTP Security Scan
Sanctions & Watchlist Screening
Malware & Phishing Check
SEC Filing Search
Infrastructure Exposure
SSL/TLS Analysis
Supply Chain & Subprocessor Discovery
Trust & Compliance Page Scan
Website Security Scan
Web Archive History
Domain Registration
Threat Intelligence

Data Coverage Notes

Some data sources may have had limited availability during this assessment. This does not reflect negatively on the vendor.

  • The HTTP security header scan was performed against the marketing site (dwolla.com) rather than the application endpoint (dashboard.dwolla.com). The D+ grade may not reflect the security posture of the production API and dashboard environment.
  • The subprocessor page at trust.dwolla.com/subprocessors returned zero parseable entries, limiting automated supply chain analysis. Manual review is required to assess Dwolla's full third-party processing chain.
  • External cyber risk scoring was not available for this assessment, preventing a quantitative benchmark comparison against the SaaS industry average.
  • Domain reputation data from one provider could not be fully retrieved; partial data was returned. URLhaus blacklist status could not be independently verified through automated means — manual verification is available at the provider's public portal.
  • The HITRUST directory returned a possible match for Dwolla at 90% confidence but could not be confirmed as the same entity. This may be a name collision and should be verified directly with the vendor.
  • The AI data usage policy analysis was limited to a single published resource page. Contractual data processing terms in Dwolla's API agreements or DPA may contain more specific commitments not captured in this scan.
183+
Vendors assessed
98%
Average confidence
<2 min
Time to report
What a ThirdProof assessment covers

Sanctions Screening

Is Dwolla on any OFAC, EU, or UN sanctions list? Are any officers or affiliates flagged?

Cyber Risk Assessment

What is Dwolla's security posture? Threat intelligence scanning, known vulnerabilities, and security header analysis.

Business Registration

Is Dwolla a legitimately registered business entity? Corporate status, jurisdiction, and officer verification.

Adverse Media Analysis

Has Dwolla appeared in negative news coverage? Data breaches, lawsuits, regulatory actions, and complaints.

Domain & Infrastructure

Is Dwolla's website secure? TLS configuration, DNS hygiene, security headers, and domain age analysis.

Company Intelligence

What are Dwolla's firmographics? Employee count, industry classification, technology stack, and corporate structure.

Trust & Compliance Verification

Does Dwolla claim SOC 2, ISO 27001, HITRUST, or FedRAMP? ThirdProof scans trust pages for certification claims and cross-references the FedRAMP public registry for independent verification.

Supply Chain & Subprocessor Discovery

Who does Dwolla depend on? ThirdProof discovers subprocessors from vendor-published pages and runs sanctions screening and safe browsing checks against each one.

Regulatory & Financial Filings

Has Dwolla appeared in SEC enforcement filings? Is it associated with any FDIC bank failures? ThirdProof searches regulatory databases with entity verification to confirm attribution.

Full methodology, rule engine, and AI disclosure: /methodology

Seeing this in an audit? ThirdProof lets you investigate Dwolla and every other vendor in your stack — average report time: 7 minutes. Get Dwolla's Full Report Free →

Frequently asked about Dwolla

Does Dwolla have SOC 2 Type II?+
Yes — Dwolla holds SOC 2 (Type II not confirmed). Rated Moderate Risk — subprocessor page incomplete. See all 7 findings →
Is Dwolla on the OFAC sanctions list?+
Dwolla returned no matches in ThirdProof's OFAC SDN, EU Consolidated, and UN sanctions screening as of March 2026.
What is Dwolla's vendor risk tier?+
ThirdProof assigned Dwolla a risk tier of Moderate Risk with 77% confidence based on assessment across 27 intelligence sources as of March 2026.
Can I get an auto-filled security questionnaire for Dwolla?+
Yes. Every ThirdProof investigation of Dwolla produces two deliverables: an audit-ready risk report and a 133-question security questionnaire pre-filled with evidence from 27 independent sources. The questionnaire is mapped to SIG, SOC 2, HIPAA, PCI DSS and 9 other frameworks — answered without sending Dwolla a single email or waiting for a vendor response.
Is Dwolla safe to use as a vendor?+
Dwolla is a payment API vendor that handles organizational data. Safety depends on their current security posture, certification status, and how they handle your specific data. ThirdProof automates this evaluation across 27 intelligence sources — sanctions databases (OFAC, EU, UN), business registration verification, adverse media scanning, and cyber risk assessment — producing a deterministic risk tier with confidence score plus an auto-filled security questionnaire. Run a free investigation to see Dwolla's full risk profile.
Does Dwolla have SOC 2 certification?+
Yes — Dwolla holds SOC 2. Rated Moderate Risk — subprocessor page incomplete. See all 7 findings →
Is Dwolla FedRAMP authorized?+
FedRAMP authorization is relevant for government contractors evaluating payment API platforms. Based on ThirdProof's assessment, Dwolla is not currently listed on the FedRAMP Marketplace. Organizations with federal compliance requirements should verify this directly and consider alternative vendors with FedRAMP authorization where required.
Has Dwolla had any data breaches?+
Data breach history is an important signal for any vendor, particularly payment API platforms like Dwolla that handle organizational data. ThirdProof's adverse media analysis searches multiple news APIs and public records for data breaches, security incidents, lawsuits, regulatory enforcement actions, and financial distress signals. Each finding is linked to its original source with severity classification.
Is Dwolla on any sanctions lists?+
Sanctions screening is standard due diligence for payment API vendors. ThirdProof screens Dwolla against OFAC SDN, consolidated international sanctions lists, and PEP databases. The screening uses entity name verification to reduce false positives. If Dwolla or any associated officers appear on a sanctions list, this triggers automatic escalation to the highest risk tier.
How do I assess Dwolla for vendor risk?+
Assessing Dwolla as a payment API vendor involves verifying SOC 2 Type II and applicable industry standards compliance, reviewing their subprocessor chain, and checking sanctions exposure. ThirdProof automates this across 27 intelligence sources in an average of 7 minutes — no questionnaires or vendor participation required. Your first 5 investigations are free.
How long does a ThirdProof assessment take?+
A ThirdProof assessment completes in an average of 7 minutes. 27 intelligence sources are queried in parallel — sanctions databases, business registries, threat intelligence feeds, certificate transparency logs, and more. The result is a deterministic risk tier with confidence score and audit-ready PDF report.
Is ThirdProof free?+
ThirdProof offers 5 free vendor assessments with no credit card required. Each assessment includes the full report — risk tier, confidence score, individual findings, executive summary, and PDF export. Paid plans start at $399/month for teams that need ongoing vendor monitoring.
Can I use a ThirdProof report as SOC 2 audit evidence?+
Yes. ThirdProof reports are designed to satisfy SOC 2 CC9.2 (vendor risk management) requirements. Each report includes SHA-256 integrity verification, methodology disclosure, source attribution for every finding, and AI content labeling. Auditors can independently verify the report's authenticity and trace each finding to its original source.
How is ThirdProof different from a security questionnaire?+
Security questionnaires require vendor participation, take weeks, and produce self-reported answers. ThirdProof queries 27 independent intelligence sources — no vendor involvement needed. Risk tiers are assigned by a deterministic rules engine (not AI opinion), and every finding links to its original source. You get an audit-ready report in an average of 7 minutes instead of waiting weeks for a questionnaire response.

Dwolla is in your vendor stack. Can you prove you assessed them?

SOC 2 CC9.2, HIPAA, PCI-DSS, and CMMC all require documented vendor due diligence — not just knowing the answer, but having audit-ready evidence you verified it. Most compliance teams can't produce that documentation on demand.

ThirdProof investigates Dwolla across 27 intelligence sources in an average of 7 minutes — sanctions screening, cyber posture, SOC 2 verification, FedRAMP status, and more. Every investigation produces two deliverables: an audit-ready risk report and an auto-filled security questionnaire your prospects and auditors expect to see.

✓ 5 free investigations✓ Risk report + auto-filled questionnaire✓ No credit card required✓ Average report time: 7 minutes

Replaces $600–$900 in manual compliance consulting time per vendor assessed.