Check out the latest from Cross River




Our seamless debit BIN sponsorships
Cross River is empowering businesses to scale and expand through innovative BIN sponsorships. As a one-stop shop, our suite of value-added services, including virtual debit cards and BIN sponsorship, are all designed to streamline card payment processing. Our robust compliance, risk management foundation, and experienced implementation team provide our partners with the confidence they need to succeed in today's competitive market.
Instant payments keep getting better
Create opportunities for small businesses to access credit and integrate budgeting tools by leveraging Cross River's issuing BIN sponsorship and processor options.
Giving our partners greater control over their cash flow and wire transfers
Our new Fedwire outbound wire drawdown requests streamline payment process, offering a secure and efficient alternative to ACH debits. Plus, we've simplified high-value wire transfers, allowing you to send amounts up to $5 million with a quick online authorization. Enjoy a seamless experience on our platform, featuring self-approval and verification options for added security.
Getting ready for Fedwire’s ISO 20022 shift
ISO 20022 is a global standard for financial messaging, aiming to improve efficiency and interoperability. On March 10, 2025, Federal Reserve banks will adopt the ISO 20022 message format for the Fedwire funds service, and we are ready for this migration. This implementation will sunset the existing proprietary Fedwire Application Interface Manual (FAIM) format and replace all FAIM messages with ISO 20022 messages.