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Cross River Launches Request for Payment (RfP) to Power Smarter, Real-Time Money Movement

Fintech Finance

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.

RFP
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EPC Selects Swift for the EPC Directory Service

Fintech Finance

The European Payments Council (EPC) is pleased to announce the start of the delivery project for the EPC Directory Service (EDS), after selecting Swift as supplier for the development and operations of the EDS and after signing an agreement at the end of 2024.

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Cross River Unveils Request-for-Payment for Real-Time Pay-Ins

The Fintech Times

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

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Nexus Empowers APAC Financial Institutions to Achieve G20 Cross-Border Payment Targets

Fintech News

As the global demand for faster, more affordable, and increasingly transparent cross-border payments intensifies, Project Nexus is emerging as a foundational initiative to meet the G20’s ambitious roadmap. What is Project Nexus, and how does it address today’s cross-border payment challenges?

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Carvana launches real-time down payment capabilities

Bank Automation

Carvana has implemented request for payments technology and instant payments capabilities for down payments on vehicle purchases, allowing consumers to obtain their vehicle faster.

RFP
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SRM Teams Up with Cooperative Credit Union Association

Finovate

Photo by Gabriel Tovar on Unsplash The post SRM Teams Up with Cooperative Credit Union Association appeared first on Finovate. Returning more than $10 billion in value to more than 1,000 clients since inception in 1992, SRM is headquartered in Memphis, Tennessee. The company made its Finovate debut at FinovateFall 2023 in New York.

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Modern Treasury Drives Growth of Instant Payments with Leading Banks

Fintech Finance

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.