Cross River Bank has launched a new Request for Payment (RfP) capability on the Real-Time Payments (RTP®) network, enabling secure, instant pay-ins to complement its robust disbursement services. Open banking leader Plaid will be the first partner to implement RfP, using it to offer real-time payments for clients like Carvana through its Plaid Transfer platform, significantly reducing settlement delays and improving customer experience. Built on Cross River’s proprietary API banking infrastructure, the solution enhances funding agility, security, and transparency—positioning Cross River at the forefront of modernizing real-time, embedded finance infrastructure.
Cross River Launches Request for Payment (RfP) to Power Smarter, Real-Time Money Movement’
