Full-Time
API-driven banking services for FinTech companies
$140k - $160k/yr
Expert
Edgewater, NJ, USA
Hybrid role with in-office presence required.
Cross River Bank offers a range of financial services by combining traditional banking with technology through its API-driven platform, the Cross River Operating System. This platform allows FinTech companies to easily integrate customizable banking services, including payment solutions and loan origination. Cross River distinguishes itself by providing a "Banking as a Platform" model, which supports small businesses and other financial technology firms. The company's goal is to enhance financial access and efficiency while ensuring compliance with regulatory standards.
Company Size
1,001-5,000
Company Stage
Late Stage VC
Total Funding
$954M
Headquarters
Fort Lee, New Jersey
Founded
2008
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Generous parental & leave policies
Completely subsidized health, dental, & vision insurance
Complimentary dry cleaning
On-site haircuts
Endless snacks
Company events
Cross River Bank, a technology infrastructure provider based in New Jersey, has launched Request for Payment (RfP), a new addition to its suite of instant payment tools.
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 Cross River, will be the first to implement the feature, unlocking instant purchases through its bank payments platform, Plaid Transfer. Cross River, an early adopter of the RTP network, moves more than $1 billion monthly in real-time disbursements across RTP and FedNow platforms combined. The new RTP program addresses the need to accelerate inbound funding, which has depended on ACH and wire transfers and lagged behind outbound payments. Cross River will be one of the first financial institutions to support RfP on the RTP network, making for faster and more reliable pay-in options
The financial data network has added support for real-time pay-ins via Request for Payment (RfP) on the RTP® Network to Instant Payments on Plaid Transfer, it said in a Monday (June 9) press release emailed to PYMNTS. RfP enables businesses to request a payment from a customer in real time, according to the release. Powered in collaboration with Cross River, Plaid’s RfP offers instant confirmation and final settlement; seamless bank authorization via Plaid Link; built-in account verification, balance checks and bank eligibility; and a single integration to intelligently route payments across available rails, according to the release
New York, May 6: Cross River Bank, one of New York's leading innovation-driven financial institutions, appointed Pravesh Rijal as its Chief Data & AI Officer.
Cross River Bank ("Cross River"), a technology infrastructure provider that offers embedded financial solutions, announced the launch of its new International Payments solution, now processing transactions with Aion, a modern business finance platform designed to simplify financial management.