Cross River Launches International Payments Solution with Intelligent Routing to Accelerate Cross-Border Finance

Innovation is fundamental to Cross River. We have always prioritized the development of technology that increases financial inclusion and helps our clients grow.  With this commitment in mind, we’re proud to announce our new International Payments capability—an additional rail that enhances our existing offering and further shapes the future of global payment systems.

With global e-commerce on the rise and cross-border business becoming the norm, efficient, secure international payment systems are essential to reduce costs, delays, complexity, and fraud. Cross River’s International Payments offering is seamless, efficient, cost-effective and rail agnostic. Through COS, our proprietary banking core, transactions are intelligently routed through the most relevant rails depending on corridor, transaction size, and currency, in an effort to  ensure flexibility, optimal speed, and cost-effectiveness. Faster transaction processing compared to traditional methods means consumers and businesses receive their money when and where they need it.

The solution offers diverse payment pathways using SWIFT and local in-country bank rails optimized for domestic transfers. With strict adherence to regulatory standards, integrated anti-money laundering controls, fully routable subledgers, and detailed customer records, Cross River ensures transactions are secure, compliant, and traceable at the sub-entity level.  

Cross River’s International Payments service via bank rails is available to companies based in the United States for both business-to-consumer (B2C) and business-to-business (B2B) transactions. In Cross River’s initial launch, the Bank currently supports use cases including cross-border payments for fintechs and SMBs, B2B and B2C transfers, funding operating accounts, and subsidiary payments back to parent companies.

Cross River’s flexible API platform, compliance framework with AML/CFT controls, and seamless integration place secure, borderless finance at your fingertips. All programs must be reviewed and approved through Cross River’s comprehensive due diligence process.

Global money movement is the future of finance and we’re just getting started. We’re doubling down on our capabilities to unlock even greater access, flexibility and possibilities.