Cross River Bank to offer access to FDIC insurance coverage via IntraFi bank network at no additional cost to Sightline Debit patrons
LAS VEGAS (October 27, 2025) – Sightline Payments® and Cross River Bank (“Cross River”) announced that Sightline Debit now offers patrons access to millions in aggregate FDIC insurance at network banks through IntraFi Cash Service®, or ICS®. The offering delivers stronger protection for patrons and gives gaming operators a clear point of differentiation.
FDIC protection covers up to $250,000 per depositor, per insured bank, per ownership category. By leveraging ICS, Sightline Debit and Cross River can automatically allocate deposits across participating network banks, to give patrons access to multi-million aggregate FDIC insurance. The exponential increase gives VIP players greater security over their funds.
“This is a meaningful payments innovation for our industry,” said Omer Sattar, co-founder and CEO of Sightline Payments. “By enabling access to multi-bank FDIC insurance through IntraFi’s ICS service, operators can provide their patrons with a higher standard of security and protection without changing how payments are managed or adding cost to the patron. It’s an important step toward patron safety and a distinct competitive advantage for operators.”
IntraFi’s network includes thousands of FDIC-insured institutions nationwide. Its automated, multi-bank sweep approach provides a simple path to access deposit insurance protection by automatically allocating deposits across accounts at participating institutions. Patrons continue to access their balances through their primary Cross River accounts without having to open or manage multiple bank relationships.
Access to the FDIC coverage is offered at no additional cost to Sightline Debit cardholders.
Deposit placement through ICS is subject to the terms, conditions, and disclosures in applicable agreements. A list identifying IntraFi network banks appears at https://www.intrafi.com/network-banks. Certain conditions must be satisfied for “pass-through” FDIC deposit insurance coverage to apply.
About Sightline Payments
Sightline Payments is transforming the gaming industry with cutting-edge financial technology solutions. As a leading provider of digital payment technology, Sightline empowers gaming operators with seamless, secure, and omnichannel payment experiences. With a deep understanding of consumer behavior, regulatory requirements, and gaming operations, Sightline delivers innovative, compliant, and scalable payment solutions that enhance both operator efficiency and patron experience. Trusted by more than 70 partners across 44+ states, we are redefining how payments drive the future of gaming. Find out more at www.sightlinepayments.com.
About Cross River Bank
Cross River provides technology infrastructure powering the future of financial services. Leveraging its proprietary real-time banking core, Cross River delivers innovative and scalable embedded payments, cards, and lending solutions to millions of consumers and businesses. Cross River is backed by leading investors and serves the world’s most essential fintech and technology companies. Leading the industry, Cross River is reshaping global finance and financial inclusion. Member FDIC. Find out more at www.crossriver.com.
About IntraFi
IntraFi was founded more than two decades ago to serve and support banks of all sizes. Composed of nearly 70% of the nation’s banks, IntraFi’s network is the largest of its kind and enables institutions across the United States to better serve their customers, fund more loans, and seamlessly manage their liquidity needs. IntraFi invented reciprocal deposits and is the #1 provider of deposit placement solutions, offering network participants the highest per-depositor and per-bank capacity and the peace of mind of being able to make large-dollar placements. To learn more, visit www.intrafi.com.
Media Contacts
Sightline Payments
Dakota Pate
dpate@sightlinepayments.com
