2024 COS Release Notes

The information below contains a list of new features by release.

Please reach out to your Implementation or Relationship Manager with any questions.

You can subscribe at https://crossriverbank.statuspage.io/ for updates about releases.

Next release is scheduled for July 28, 2024

July 14, 2024 Release

Deployed to Production

Feature

Description

Wire Drawdowns

You can now initiate an outbound wire drawdown request, also called a reverse wire, to ask someone at a different bank to send funds back to you, the requester.

COS Explorer

Wire Authorization: 2 authorized partner users can now approve wires up to $5M on COS Explorer, eliminating the need for callbacks from the CR Wires Operations team.

June 30, 2024 Release

Deployed to Sandbox

Feature

Description

Wires

You can now initiate an outbound wire drawdown request, also called a reverse wire, to ask someone at a different bank to send funds back to you, the requester.

COS Explorer

In Explorer, you can now initiate an outbound wire drawdown request, also called a reverse wire, to ask someone at a different bank to send funds back to you, the requester.

June 16, 2024 Release

Deployed to Production

Feature

Description

Wires

The Wire.Payment.Received webhook has been updated. When you receive the webhook for a wire that posted, you can now see the SenderRoutingNumber, Originating FI Identifier, and Originating FI name.

COS Explorer

We're updating tab behavior and now Explorer remembers the last tab you had open.

COS Explorer

We've made updates to the login screen. This is part of ongoing improvement efforts.

Instant Payments

You can now return RTP payments in COS Explorer.

June 2, 2024 Release

Deployed to Sandbox

Feature

Description

Wires

The Wire.Payment.Received webhook has been updated. When you receive the webhook for a wire that posted, you can now see the SenderRoutingNumber, Originating FI Identifier, and Originating FI name.

COS Explorer

We're updating tab behavior and now Explorer remembers the last tab you had open.

COS Explorer

We've made updates to the login screen. This is part of ongoing improvement efforts.

Instant Payments

You can now return RTP payments in COS Explorer.

May 19, 2024 release

Deployed to Production

Feature

Description

COS Explorer

You now have the ability to filter Deposit Subledger accounts by Entity Name.

April 14, 2024 release

Deployed to Production

Feature

Description

Network Interoperability

RTP payments now use network interoperability to deliver your payments to the creditor as efficiently and effectively as possible. When you originate an Instant Payment using POST /rtp/v1/payments, we’ll take care of the routing for you – accessing any endpoint on either the RTP® or FedNow® networks. Check out how it works

International Payments

Our International Payment offering and endpoints are live! Check out the documentation and tutorials where you can easily send to 20+ countries using 9 different currencies – with just a few simple API calls.

COS Explorer

Any partners who haven't yet migrated to Cross River's Identity Server will automatically be prompted to the migration flow when they login. Check out the COS Explorer login information.

COS Explorer

For ACH transactions, you can now search in COS Explorer by Client ID for the last 180 days.