RFP RTP Wire Transfer 
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.
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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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.
Payment Savvy
MAY 16, 2023
Instant ACH Transfer Alternatives RTP Network The RTP (Real-Time Payments) Network, launched by The Clearing House, is an alternative option for those seeking instant money transfers. Wire Transfers Wire transfers, offered by companies like Western Union, can facilitate instant transfers between US bank accounts.
FICO
AUGUST 26, 2021
The transaction “rails” are in place and ready to process imminently high volumes; the Clearing House’s RTP network , launched in 2017, reaches 60% of US DDA accounts and delivers real-time payments including: B2B real-time transactions. Request for pay (RfP) . P2P real-time transactions. The Federal Reserve is a second key player.
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