Accounts Request for Payment Wire Transfer 
Trade Credit & Liquidity Management
JUNE 12, 2025
From a Press Release dated June 9, 2025, Fort Lee, NJ Cross River Bank has launched its Request for Payment (RfP) solution, a new feature designed to enable secure, real-time inbound payments via the RTP® (Real-Time Payments) network.
The Fintech Times
JUNE 10, 2025
Cross River , a banking infrastructure provider, has launched Request-for-Payment (RfP) on the RTP® network, with fintech platform Plaid as the first user enabling instant pay-ins for online used car seller Carvana. The RfP capability aims to address delays in inbound payments, which often rely on traditional ACH and wire transfers.
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Fintech Finance
JUNE 9, 2025
Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded finance solutions, announced the launch of Request for Payment (RfP), a transformative addition to its growing suite of instant payment capabilities.
PYMNTS
JANUARY 13, 2020
That means the vast majority of businesses are at risk for an array of cybersecurity incidents, including the Business Email Compromise (BEC), which often sees fraudsters spoofing legitimate email addresses from vendors, and sending seemingly real requests for payment. Reports said the former finance director allegedly stole $1.5
PYMNTS
MARCH 12, 2020
But with customers demanding immediate, online access to banking products and services, the customer satisfaction strategy has shifted in a big way toward online account opening functionality and faster money movement services. Making an account the most convenient used to mean physically more convenient,” said Reuter.
Nanonets
SEPTEMBER 1, 2023
In Accounts Payable, the importance of vendor payment methods often goes unnoticed despite their substantial influence on the overall cash flow, efficiency of the AP team, and profit margins. The US Federal Reserve's new payment rail FedNow can shake up the landscape, offering significant time and cost savings.
PYMNTS
NOVEMBER 18, 2019
Unlike the BEC, the VEC scam involves a cybercriminal infiltrating a vendor’s email account to send a request for payment (whereas the BEC scam often involves fake, although similar, email addresses and messages). Hassold provided a public comment on the vendor email compromise scam.
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