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.
Feature | Description |
|---|---|
Card Payments -Multiple Business Types | CRB Card Payments merchant partners are now able to send different business types (BAI codes) on each transaction by optionally specifying the businessType on each request. We now also return the businessType on every payment
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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.
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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. |
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. |
