Stablecoin issuer Circle said it has cleared “substantially all” of the backlog of minting and redemption requests for USDC. In a March 15 blog post,...

Circle, a leading global crypto finance company, has announced that it has partnered with Cross River Bank for producing and redeeming USD Coin (USDC),...

Bitcoin continued to gain momentum in Tuesday morning trading in Asia after a bounce back yesterday as regulators acted to backstop the U.S. banking...

The collapse of Silicon Valley Bank is having a trickle-down effect on fintechs and banks within the financial services industry, but Cross River Bank...

SNEAK PEEK USDC operations will officially open for business on Monday morning. USDC depegged on the US dollar as contagion from the failure of...

Stablecoin issuer Circle can no longer count on Signature Bank’s “SigNet” for USDC settlements. In a series of tweets on Sunday, Circle CEO Jeremy Allaire...

The CEO of Circle announces the commencement of its USDC operations. It will have new features thanks to its partnership with Cross River...

Stablecoin issuer Circle Internet Financial said Monday the US$3.3 billion in USD Coin (USDC) reserve deposits held at the failed Silicon Valley Bank will...

Cross River Bank announced Wednesday that it will use blockchain data company Chainalysis for cryptocurrency compliance. The $5 billion bank will integrate Chainalysis’ real-time transaction compliance platform, investigations technology and risk management software into its existing crypto build. The move will help Cross River expand its crypto offerings, which currently include banking and payments, non-fungible […]

Cross River Bank is leveraging digital payments platform PayTile’s banking-as-a-service (BaaS) offering to power the fintech’s peer-to-peer (P2P) geolocational services. PayTile, which counts Plaid among its existing integrations, facilitates digital payments based on geographic proximity, giving users the ability to send and receive instant payments without exposing personal information. The company equates the process with […]

Cross River Bank and PayTile announce collaboration to offer a new location-based payments solution. The companies compare the new solution to Apple’s AirDrop, which enables the sending of data without an exchange of PII. In addition to the partnership, PayTile is launching a new cash drop-off technology Money Drop. A partnership between Cross River Bank Read more...

The post Cross River Bank Teams Up with PayTile to Offer Location-Based Payments Solution appeared first on Finovate.

Cross River Bank is deepening its small-business offerings with the purchase of Betterfin, a startup backed by Reddit Inc. co-founder Alexis Ohanian. Betterfin is...