Embedded Financial Solutions Fintech Cross River Shares Corporate Social Responsibility Impact Report

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, released its inaugural Corporate Social Responsibility Impact Report, celebrating the compassionate efforts of its Community Affairs team, its philanthropic arm, Foundation@ Cross River, and its employees over the last year.

With a focus on innovation, technology and creativity, Cross River and its employees connect with diverse organizations where Cross River “can help shape a better future for all—both in the Company’s own backyard in New Jersey, and across the globe.”

Eden Hoffman, Head of Global Communications at Cross River, said:

“Cross River was built on a foundation of giving and providing safe and reliable resources to those in need. It is a testament to the integrity of every member of the Cross River family that we can provide assistance to communities both near and far, and we are humbled to share a glimpse into our team’s impact over the last year.”

In 2022, Cross River and its employees “supported—both monetarily and with time given—more than 360 organizations around the world, donated more than $50,000 in employee charitable matching funds and led over 180 hours of financial literacy for the community, from students to seniors.”

Central to the company’s success in the first year of its official Foundation@ efforts is “the passionate engagement of employees from every level of the organization.”

Founded on the concept of “giving without borders”, Cross River’s responsibility “to giving back has only begun. As the Company grows, so does its positive impact around the world.”

Cross River’s Impact Report can be accessed here.

As covered recently, Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, announced a partnership with FinClusive, a global Compliance-as-a-Service (CaaS) infrastructure provider for financial services, “to provide account and payment services to advance secure and compliant access to the financially underserved.”

Gilles Gade, Founder, President and CEO of Cross River, said:

“Regulatory compliance, responsibility and transparency are central to Cross River, and we continue to expand our partnerships with technology leaders focused on increasing financial access. Both Cross River and FinClusive share fundamental values and a compliance-driven approach.”

Cross River is “a strong advocate for regulatory modernization in order to create clear guidelines and standards in the fintech industry without compromising accessibility to safe, sound, compliant and affordable financial services.”

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