Bank access API provider and money transfer system, Dwolla, launched same-day ACH transfers today. This new development allows businesses to deliver money to a client on the same day they initiated the transfer. The same-day ACH capability is much faster compared to the industry standard wait time of two-to-four business days.

In the press release, Dwolla CEO and founder Ben Milne said, “Whether it’s making emergency payouts, improving customer satisfaction through faster refunds, or allowing partners to capture float or vendor discounts, the addition of Same Day ACH to Dwolla’s Access API provides our partners with another competitive advantage for them to own and apply as they see fit.”

Dwolla’s new same-day ACH transfer capability benefits not only the customer experience, but it also complies with upcoming regulations. NACHA, the administrator of ACH, issued new rules last year regulating the sending and receiving of money over ACH rails. Starting September 15, 2017, all banks must be able to receive and process same-day debits and credits.

Founded in 2008, Dwolla set out to make sending money faster and less expensive. The company launched a consumer-facing money transfer product in 2010 and has since phased out of the consumer market to focus on its business offerings. The first product, Access API, helps developers connect their app to the banking ecosystem. Transfer, the second product, helps businesses send and receive bank transfers using a straightforward platform.

Earlier this year, Dwolla closed on $6.85 million in funding, bringing its total raised to just over $39 million. The company last presented at FinovateSpring 2015.

Dwolla’s got a brand new Dash.

Designed to help companies to better manage customer and transaction data, Dwolla’s new dashboard and administrative interface will save its white-label partners time and money while providing actionable insights into business activity and trends. The company hinted at its plans for the new interface in July 2016 when Product Manager James Eliason said that with the “ever-increasing adoption of our white-label bank-transfer API, we understood the need to build a dashboard that accurately reflects the power of that product.” And he noted that partners “need a way to manage the customers they are onboarding, as well as a simple way to view the health of their business from a volume and transactional perspective.”

The new dashboard makes it easier to view transactions, reconcile payments, deliver more specific customer support, and to monitor the overall payments integration. Charts and graphs of the data from their own integration with Dwolla’s white-label ACH API provide a clearer, more visually compelling view of each company’s KPIs and overall financial health. Dwolla partner GOAT says it reduced cashout-related support tickets by 80% after its integration with Dwolla’s technology.

Founded in 2008 and headquartered in Des Moines, Iowa, Dwolla demonstrated its FiSync technology at FinovateSpring 2015. In May, the company announced  it was adding banks to its instant account-verification flow, and in February, CoinDesk took a look at how Dwolla was turning its attention to the blockchain. The company was featured in Inc. magazine earlier this year in an article looking at Dwolla’s potential to “disrupt the payments industry.”