Constituent policy

Cross River Unites Industry Leaders, Elected Officials, and Policy Makers to Showcase True Public-Private Collaboration in Fintech | national company

FORT LEE, NJ–(BUSINESS WIRE)–May 31, 2022–

Cross River Bank (Cross River), a technology infrastructure provider that offers integrated financial solutions, hosted a strong week of important conversations at Fintech Nexus 2022, to strengthen the fintech industry.

“Together with our partners, Cross River is reshaping and propelling the future of global finance by creating access to safe and affordable financial services for communities historically left behind,” said Phil Goldfeder, senior vice president and chief business officer global public at Cross River. “We are committed to bringing together diverse groups for a pragmatic dialogue on financial innovation, inclusion and consumer protection.”

Cross River brought together thought leaders, regulators and elected officials for a series of sessions on regulating the next phase of fintech, building the regulatory framework for digital assets, reinventing fintech regulation for fostering innovation, revitalizing the government’s approach to innovation and more. New York State Assemblyman Clyde Vanel and New Jersey State Assemblyman Raj Mukherji closed the day with a robust and forward-looking discussion on how States are leading the charge to establish the rules on digital assets.

“Innovation in financial services is essential to meeting the needs of my constituents and all New York residents,” said New York State Assemblyman Clyde Vanel. “Thank you to Cross River for convening these important conversations and for all their work in fintech that creates access to financial opportunity.”

On Thursday, Cross River CEO and Founder Gilles Gade took the main stage with Caitlin Long, Founder and CEO of Custodia Bank, for a conversation on “Stumbling Blocks to Stepping Stones: Building the Future of Finance from Vision to Reality” which focused on mission- based on a vision and challenging journey to democratize access to financial services using cutting-edge technology and bold leadership to adapt to a changing regulatory and financial landscape. constant evolution.

With the tools for partners to serve their customers, grow their ecosystems, and power their brands, Cross River empowers any business to integrate financial services through its differentiated solutions one-stop-shop, API sandbox, and proprietary kernel. This came to life with a live sandbox for attendees to brainstorm, connect and network, complete with a custom sand sculptor, ice cream cart and park benches. To propel finance into the future, Cross River hosted an industry event on The Intrepid on Wednesday where more than 600 attendees had the opportunity to connect with others and enjoy great views of New York and New Jersey, across the river. An exclusive Crypto Lounge spotlighted several Cross River partners and brought its evolving crypto stack to life.

About Cross River

Cross River provides a technology infrastructure that powers the future of financial services. Leveraging its proprietary real-time banking core, Cross River delivers innovative and scalable integrated payment, card, lending and crypto solutions to millions of consumers and businesses. Cross River is backed by leading investors and serves the world’s most essential technology and technology companies. Together with its partners, Cross River is reshaping global finance and financial inclusion. FDIC member. Learn more about www.crossriver.com.

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CONTACT: Media

Cross the river

Eden Hoffman

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KEYWORD: NEW JERSEY UNITED STATES NORTH AMERICA

SECTOR KEYWORD: FINANCE BANKING PROFESSIONAL SERVICES OTHER TECHNOLOGIES TECHNOLOGY

SOURCE: Cross River Bank

Copyright BusinessWire 2022.

PUBLICATION: 05/31/2022 08:00 / DISK: 05/31/2022 08:02

http://www.businesswire.com/news/home/20220527005374/en

Copyright BusinessWire 2022.