Cross River Bank, the technology infrastructure and real-time banking core provider that offers embedded financial solutions, and Forward, a technology firm empowering software companies to integrate and monetize payments, have partnered to introduce a “payouts-as-a-service” solution, addressing key payment challenges in the SaaS industry. The initiative targets embedded payment services, such as same-day ACH payouts, which will help SaaS platforms boost revenue, enhance customer experiences, and improve product retention. Forward selected Cross River to support its embedded payments and payouts-as-a-service offering for its proprietary API technology and innovative approach that enables faster payouts than traditional institutions.

Cross River and Forward Bring Payouts-As-A-Service to Software Developers