Speeding Up Nationwide Auto Lending Funding Using Instant Payments

Use cases for instant payments remain a hot topic in the industry as adoption grows for FedNow and RTP. Implementing innovative processes that incorporate instant payments is key for financial institutions’ ability to provide solutions to their members and customers. This session highlights a nationwide auto lending use case and the value that incorporating FedNow has provided for the loan origination and funding process. Speakers discuss the end-to-end solution workflow and how business and credit unions benefit from instant payments and faster money movement.