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. RfP is a smarter, more flexible way to receive incoming funds.

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Fintech Finance

AUGUST 15, 2024

Modern Treasury , essential infrastructure for the new era of payments, has announced that it has expanded instant payments support for mutual customers of six leading banks — Bank of America, Cross River, JPMorgan Chase, PNC Financial Services, U.S. Instant payments, powered by the first new payment rails in the U.S.

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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.

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Finovate

OCTOBER 16, 2024

FedNow, the U.S. Federal Reserve’s instant payment service went live in July of 2023. Now, 15 months later, adoption rates have been unpredictably slow, especially when it comes to banks that are able to send FedNow payments. Of the FedNow participants, 78% are community banks and credit unions.

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Fintech Finance

JANUARY 30, 2024

Finzly , the pioneering provider of modern payment infrastructure for financial institutions, today published a report that includes polling results of bank executives’ expectations for profitability from offering instant payments using FedNow. 29% mentioned embedding instant payments into third-party systems.

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Faster Payments Council

SEPTEMBER 23, 2023

(Foundry Ballroom) This session will highlight faster payments Use Cases focused on real-life case studies from a variety of perspectives such as business end-users and financial institutions that are applying instant payments. We will explore the launch of FedNow and the intricacies of operating with multiple instant networks.

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Finovate

APRIL 2, 2024

Banks in the Treasury Prime network will be able to offer their BaaS clients access to a real-time payment platform via Narmi’s FedNow service. Under the agreement, Narmi will act as the service provider for FedNow.

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