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 November 3, 2024
Feature | Description |
|---|---|
ACH Later Settlement | Support for later settlement window: CR can now receive standard ACH payments until 1:45 AM EST to meet the 2:15 AM EST batch distribution deadline to be settled by 8:30 AM EST the same day.
|
International Payments | International Payments live! Cross River will utilize local Rails and SWIFT to send money to tier 1 countries. International Payments can be accessed via API or COS Explorer. |
Feature | Description |
|---|---|
ACH Later Settlement | Support for later settlement window: CR can now receive standard ACH payments until 1:45 AM EST to meet the 2:15 AM EST batch distribution deadline to be settled by 8:30 AM EST the same day.
|
International Payments | International Payments live! Cross River will utilize local Rails and SWIFT to send money to tier 1 countries. International Payments can be accessed via API or COS Explorer. |
No updates.
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No updates.
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. |
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. |
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. |
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. |
Feature | Description |
|---|---|
COS Explorer | You now have the ability to filter Deposit Subledger accounts by Entity Name. |
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. |
