Cross River launches program to power smarter, real-time money movement

Cross River launches real-time inbound payment tool

Cross River Bank announced June 9 the launch of Request-for-Payment (RfP) – aimed at streamlining inbound money movement. The Fort Lee-headquartered company says the launch adds to its growing suite of instant payment capabilities, enhancing funding agility across the Real-Time Payments (RTP) network. The feature will be first implemented by Plaid – on its Plaid Transfer platform – enabling secure, real-time pay-ins for Carvana customers. Cross …

Cross River launches program to power smarter, real-time money movement

Cross River Bank, a technology infrastructure provider for fintech firms and other institutions, announced on Monday the launch of its Request for Payment (RfP) program. This is designed to improve instant payment capabilities, streamline inbound money movement, and enhance funding agility across the Real-Time Payments network. Plaid, a fintech solutions firm with offices in New York and San Francisco with an ongoing business relationship with C…