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Payfinia Receives $4.5 Million from Star One Credit Union to Launch CUSO

Finovate

Payfinia used IPX’s fraud prevention capabilities to tailor user controls and permit higher transaction limits, allowing the funding to be sent in $500,000 increments to its account at U.S. Each transaction settled in less than five seconds. million in Seed funding. ” said Star One CEO Gary Rodrigues.

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Unlocking Instant Inbound Payments: Cross River Launches Request for Payment Solution

Trade Credit & Liquidity Management

This push-payment model also enhances security and transparency, as each transaction requires explicit payer authorization and provides real-time visibility into payment status. Plaid is the first partner to implement this feature, enabling instant pay-ins for its Plaid Transfer platform. .

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

The Fintech Times

“The current reality of money movement is imbalanced – payments go out in seconds, but pay-ins often take a day or more,” said Adam Goller, EVP and head of fintech banking at Cross River. RfP is a smarter, more flexible way to receive incoming funds.

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

Fintech Finance

“The current reality of money movement is imbalanced — payments go out in seconds, but pay-ins often take a day or more,” said Adam Goller, EVP and Head of Fintech Banking at Cross River. Each RfP is presented to the recipient by the receiving financial institution for explicit authorization, ensuring full control over every transaction.

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How to Choose Between EFT vs ACH: A Comprehensive Guide

Stax

To choose the right payment method, consider transaction volume, transfer speed, cost, and security. ACH payment is more affordable and can be automated and payee-initiated, making it ideal for recurring transactions and subscription payments. Another EFT type that businesses rely on is ACH.

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Why the U.S. has reached a real-time tipping point

Finextra

Same day Automated Clearing House (ACH) payments rose 19.1% million transactions settled in the same period [2]. Similarly, a record 98 million transactions were made through The Clearing House (TCH-RTP) network in Q4 2024 [3]. year-over-year in the first quarter of 2025 [1].

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Finding the Right Payment Pathway: International Payments Launched by Cross River Bank

The Fintech Times

To offer businesses seamless, efficient and cost-effective cross-border transactions, Cross River Bank , a tech infrastructure provider that offers embedded financial solutions has announced the launch of its new International Payments solution.