I think your claim about fraud prevention is fair. However, because compliance and regulatory issues have dramatically shifted, Dwolla might have a competitive advantage in this area.
If you believe that recent regulation (Dodd-Frank, et al.) ensures better outcomes for consumers than past-regulation, you'd think it'd be easier for new entities to comply because they're not hindered by institutional baggage and said entities will share the sentiment and spirit of their regulators. If that's the case, it's a win for consumers.
If you believe that recent regulation (Dodd-Frank, et al.) ensures better outcomes for consumers than past-regulation, you'd think it'd be easier for new entities to comply because they're not hindered by institutional baggage and said entities will share the sentiment and spirit of their regulators. If that's the case, it's a win for consumers.