Cross River Bank news and trends

Cross River and Forward Team on Embedded Payments for SaaS Firms
Partnerships // September 24, 2024

Cross River Bank has formed a partnership with embedded payments company Forward. The collaboration is designed to use embedded payments to address payment challenges the companies say are stunting the growth of Software-as-a-Service (SaaS) providers. “We are proud to join forces with Forward to offer payouts-as-service, a solution...

Cross River and MassPay Team to Expand Instant Payment Access
Partnerships // July 09, 2024

Cross River Bank has formed a partnership with payments solution provider MassPay. The collaboration, announced Tuesday (July 9), is designed to expand access to domestic instant payments, particularly in sectors like the gig economy and others facing real-time payment complexities. “The rise of independent contractors, gig and creator economies and online...

Trustly and Cross River Bank Find Success With Instant Payment Adoption
Real-Time Payments // April 04, 2024

Trustly and Cross River Bank have expanded their collaboration in instant payments to include the FedNow® Service. With this addition, Trustly’s merchants will benefit from new capabilities to optimize the routing of funds instantly via Cross River’s application programming interface (API) endpoint, the companies said in a Thursday (April...

Paypal and Venmo Begin Offering Visa+ P2P Payments
Payment Methods // April 02, 2024

Visa said PayPal and Venmo are now offering its Visa+ peer-to-peer (P2P) payment system. “As we continue to expand the P2P use case in the U.S., Current and Western Union will join PayPal and Venmo in enabling cross-platform money movement,” the company said in a Monday (April 1) news release as it announced the expansion of...

Interviews & Exclusives
Banking Failures Must be a Wake-up Call for Regulatory Modernization, Says Cross River Bank CEO

May 08, 2023
The recent collapses of tech-friendly banks, including Silicon Valley Bank (SVB), Signature Bank, Silvergate Bank and First Republic Bank, have rightly caused a global conversation about the future of banking, and even more so, of financial services. PYMNTS recently posed these questions to Gilles Gade, the CEO of FinTech-focused Cross River Bank, to get his […]

Trustly Powers Real-Time Bank Account Payouts for Sportsbook Player Winnings

February 07, 2023
The Super Bowl is synonymous with a surge in online sports betting. Last year, Americans wagered around $7.6 billion overall on the event, according to the American Gaming Association, with tens...

Bank Security Experts Say Risk Of ‘Tool Sprawl’ And Overdoing It As Bad As Doing...

August 05, 2021
When it comes to technology upgrades, especially large-scale security enhancements, the halls of IT departments are filled with vivid illustrations as to why “rip and replace” is not an optimal...

Quick Reads
Cross River and Forward Team on Embedded Payments for SaaS Firms

September 24, 2024
Cross River Bank has formed a partnership with embedded payments company Forward. The collaboration is designed to use embedded payments to address payment challenges the companies say are stunting the growth of Software-as-a-Service (SaaS) providers. “We are proud to join forces with Forward to offer payouts-as-service, a solution that caters to the unique financial requirements of SaaS providers,” Adam […]

Cross River and MassPay Team to Expand Instant Payment Access

July 09, 2024
Cross River Bank has formed a partnership with payments solution provider MassPay. The collaboration, announced Tuesday (July 9), is designed to expand access to domestic instant payments, particularly in sectors like the gig economy...

Trustly and Cross River Bank Find Success With Instant Payment Adoption

April 04, 2024
Trustly and Cross River Bank have expanded their collaboration in instant payments to include the FedNow® Service. With this addition, Trustly’s merchants will benefit from new capabilities to optimize the routing of funds instantly...

Paypal and Venmo Begin Offering Visa+ P2P Payments

April 02, 2024
Visa said PayPal and Venmo are now offering its Visa+ peer-to-peer (P2P) payment system. “As we continue to expand the P2P use case in the U.S., Current and Western Union will join PayPal and Venmo in enabling cross-platform money movement,” the...