@rayhanrafiq Why can't we do both? A faster infrastructure with a better, more dynamic and accessible application layer? Sounds like a pretty badass national payment infrastructure, if you ask me.

@rayhanrafiq FiSync ( https://www.dwolla.com/fisync ) is a technology that could in theory, replace ACH transfers ( https://www.dwolla.com/ach/ach-t... ). Unfortunately, it has not been fast nor easy to distribute and get connected to big banks. There's a lot of new changes in the market since that technology was released and it seems inevitable many more faster payment systems will come online over the next few years. As we discovered, building tech to move money in real-time is the easy part :) In the meantime, customers still need to move money! Dwolla's white label customers ( https://www.dwolla.com/white-label ) are using ACH to move money between bank accounts in the US. A huge advantage to using Dwolla is there are no transaction fees, you can instantly verify accounts, there's no need to go negotiate with a bank, and now you can easily manage customers/transactions in the applications you're building without building your own admin. FiSync is still an underlying settlement process as a part of Dwolla's platform but it's not the primary one customers use to move money between US banks. ACH still has the most cost effective connections than other US settlement systems. It's just hard for most businesses to use. The white label APIs and products make ACH a heck of a lot easier to use for developers and that's really the core value they bring.