Tagged: cross river bank

October 27, 2024 @ 11:45 pm By Omar Faridi  |  

Cross River Bank has recently released an extensive statement on the proposed requirements for custodial deposit accounts. Gilles Gade, Founder and CEO at Cross River Bank, stated that during this past year, the collapse of Synapse triggered a fallout with their FDIC Insured banking partner,… Read More

August 8, 2024 @ 8:08 am By Omar Faridi  |  

CRB Group, Inc., the parent company of Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, announced it has appointed three new members to its Board of Directors, effective July 1, 2024: Roland Fryer, Richard Laxer and Gabrielle Vitale. Gilles Gade, Founder,… Read More

July 26, 2024 @ 11:46 am By Omar Faridi  |  

Cross River Bank, a provider of technology infrastructure and embedded financial solutions, is marking its 16th year of doing business since its founding in June of 2008. Coming out of the 2008 financial crisis, Cross River claims that it “has been at the forefront of… Read More

July 10, 2024 @ 10:12 am By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, and MassPay, a provider of payment solutions for businesses, are expanding access to domestic instant payments. The collaboration is set to significantly “benefit industries facing complex real time payment requirements including the gig… Read More

May 7, 2024 @ 8:51 am By Omar Faridi  |  

Crowded, a digital platform dedicated to providing nonprofits and membership organizations modern, tech-enabled financial services that meet their unique needs, announced a new collaboration with Visa, the digital payments provider, to implement Visa Direct. Powered by Cross River, a technology infrastructure provider “that offers embedded… Read More

April 22, 2024 @ 12:22 pm By Omar Faridi  |  

Cross River Bank, a provider of technology infrastructure and embedded financial solutions, is proud to present its Annual Social Responsibility Impact Report, showcasing its community impact, giving and philanthropic activities and collective commitment to fostering the greater good. Through strategic partnerships, community collaborations and dedicated… Read More

April 12, 2024 @ 3:39 am By Omar Faridi  |  

Trustly, a global enabler of Open Banking Payments, and Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, are expanding their collaboration in instant payments with the addition of the FedNow Service. The development delivers the anticipated expansion of “an instant payment… Read More

March 8, 2024 @ 11:27 am By Omar Faridi  |  

In a macroenvironment when data is increasingly expensive, more Americans are in need of affordable, accessible ways to safely build their credit histories, according to an update from Fintech firm Current. It’s why Current have partnered with Cross River to offer “an innovative secured charge… Read More

February 14, 2024 @ 6:32 pm By Omar Faridi  |  

On the cusp of Sunday’s “Big Game” and the upcoming college basketball playoff season, players in the gaming industry can now receive their winnings instantly, thanks to a partnership between Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, and Aeropay, a… Read More

February 6, 2024 @ 8:37 am By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, announced that its Principal Finance Group closed $825 million of capital commitments in 2023. The new investments, which “include senior secured credit facilities as well as programmatic asset purchase arrangements, provide specialty finance… Read More

January 15, 2024 @ 7:01 am By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, and paymints.io, a cloud-based financial operating system for digital payments that allows title insurance companies and real estate brokerages to send and receive digital payments in and out of escrow accounts, announced the… Read More

December 15, 2023 @ 10:22 am By Omar Faridi  |  

Trustly, a global enabler of Open Banking Payments, is pleased to announce that it is seeing steady  adoption of its Real-Time Payments (RTP) service and has reportedly become one of the “largest” originators on the RTP network. Specifically, Trustly’s RTP volume reportedly “grew 29% in… Read More

December 8, 2023 @ 9:38 am By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, and Best Egg, Inc., a fintech that provides flexible solutions to help people with limited savings confidently navigate their everyday financial lives, have announced a $150 million credit facility, which will allow the… Read More

November 16, 2023 @ 7:24 am By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, is proud to celebrate National Scholarship Month by announcing its significant 2023 contributions to various educational organizations and scholarship programs. Through its philanthropic arm, Foundation@, Cross River has donated “a total of $740,000… Read More

September 29, 2023 @ 10:42 am By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, is pleased to share mid-year results from its partnership with Operation Hope: HOPE Inside Cross River, which “provides financial literacy education and financial planning to empower local small business owners and individuals on… Read More

August 24, 2023 @ 11:40 am By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, and Current, a U.S. fintech platform dedicated to empowering Americans in their pursuit of a brighter financial future, today announced the launch of a new credit building product. Together, the two companies will… Read More

August 21, 2023 @ 5:47 pm By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, is proud to join forces with The Empty Stocking Fund (ESF) and Caden Teaches Finances in order “to support Atlanta educators and young learners.” Miriam L. Wallach, Head of Social Responsibility at Cross… Read More

July 29, 2023 @ 11:47 am By Omar Faridi  |  

Cross River Bank, a New Jersey State chartered FDIC-insured bank known for its diversified commercial real estate (CRE) lending program and deep market experience, announced the closing of the second quarter, “totaling over $66 million in loans year-to-date.” Additionally, the team reports that it “saw… Read More

June 29, 2023 @ 8:00 pm By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, today announced its strategic partnership with Fintainium, a cutting-edge financial technology company providing innovative and comprehensive payment methods. Through the collaboration, Cross River will “provide a range of payment services, including connection to… Read More

June 16, 2023 @ 4:11 pm By JD Alois  |  

Cross River Bank says it has surpassed 1 million real-time payments transactions and over $500 million in real-time payments volume in the month of May. Gilles Gade, CEO of Cross River, said the accomplishment represented their embrace of new technologies and delivering Fintech solutions to… Read More