Cross River surpasses 1M real-time payments and over $500M in RTP volume in May

Fort Lee-based Cross River Bank surpassed the bank’s previous records and achieved 1 million real-time payments transactions and over $500 million in RTP volume in the month of May alone. This significant milestone highlights Cross River’s commitment to innovation and its ability to meet the growing demand for instant, secure and efficient payment solutions.

The company’s achievement is a testament to its cutting-edge technology infrastructure, robust banking capabilities and commitment to delivering superior services to its partners and their customers.

“This achievement underscores our dedication to embracing emerging technologies and delivering innovative banking solutions that empower our customers,” Gilles Gade, CEO of Cross River, said. “Our ability to seamlessly process a significant volume of real-time payments demonstrates the strength of our infrastructure and the expertise of our team.”

Cross River has emerged as a leader in the fintech industry, leveraging advanced technology and strategic partnerships to provide a seamless digital banking experience. The bank’s success in handling a high volume of RTP transactions reflects its position as a trusted financial institution that consistently meets the evolving needs of individuals and businesses.