Real-Time Payments

Auto Lenders Use AI To Drive Safer Real-Time Disbursements Car buyers want instant access to auto loan disbursements, but there are risks to offering real-time speeds, says Raul Alvarez, director of accounting operations at auto financing provider Westlake Financial. In the Real-Time Payments Tracker, Alvarez explains how pre-transaction verification and AI-powered analysis can help lenders quickly vet and disburse loans in real time.

Inside the January Tracker

An interview with Raul Alvarez, director of accounting operations at Westlake Financial, on how the auto financing provider leveraged contingency planning and pre-transaction verification to securely disburse auto loans using the RTP® network
The latest real-time payments developments, including a new study highlighting Asia-Pacific banks’ efforts to prevent real-time payments fraud and Nacha’s announcement of its forthcoming Faster Payments Playbook for Corporates
A Deep Dive examining how P2P payment app providers can proactively thwart fraudsters aiming to take advantage of the transactions’ irrevocability