Cross River Bank launched its new International Payments solution, now processing transactions with Aion, a modern business finance platform designed to simplify financial management. Leveraging Cross River’s proprietary banking core, API technology, and industry-leading compliance and AML/CFT integrations, this new International Payments solution offers seamless, efficient, and cost-effective cross-border transactions for businesses. Cross River’s International Payments platform is rail-agnostic, dynamically selecting the most relevant payment rails based on transaction size, currency, and corridor. This ensures businesses and consumers benefit from faster processing times so consumers receive their money when and where they need it. “Our goal is to simplify cross-border payments by removing technical barriers that limit global scalability,” said Luca Cosentino, Head of Product at Cross River. “Our International Payments capability uses a flexible, rail-agnostic approach to enable fast, cost-effective, and secure transfers—whether through SWIFT or local bank rails. Aion, an early adopter in B2B and B2C use cases, enables businesses to modernize cross-border transactions Satish Palvai, Founder and CEO at Aion said, “With Cross River’s International Payments, we’re leveling the playing field by giving growing businesses access to the same speed and efficiency once reserved only for large enterprises.” With strict adherence to regulatory standards, Cross River’s International Payments platform integrates advanced AML tools and compliance solutions. Fully routable subledgers and detailed customer records allow businesses to monitor transactions on a sub-entity level, ensuring security and reliability.