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Kyriba Lands New Deal with Saudi German Health
SAUDI – Kyriba, the global leader in liquidity performance, announced it signed the Saudi German Health (SGH), a leading healthcare group in the Middle East and North Africa (MENA) region as a new customer. Kyriba...
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August 14, 2024 NewsKyriba Lands New Deal with Saudi German HealthSAUDI – Kyriba, the global leader in liquidity performance, announced it signed the Saudi German Health (SGH), a leading healthcare group in the Middle East and North Africa (MENA) region as a new customer. Kyriba...read more
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August 05, 2024 NewsKyriba Appoints New Advisory Board Member to Help Foster Growth in APACCorporate Finance and Investment Banking Expert Paul Lai Joins Kyriba to Help the Company Drive Liquidity Performance and Support Growth in APAC SAN DIEGO, CA – Kyriba, a global leader in liquidity performance, announced that...read more
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June 23, 2024 NewsKyriba Releases Quarterly Currency Impact Report, Revealing a Sharp Increase in FX HeadwindsNorth American companies reported a $8.38 billion impact in Q1 2024, a 219% increase from Q4 2023. 19% of multinationals reported currency impacts with North American organizations experiencing the most negative impact in the...read more
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May 01, 2024 NewsKyriba Report Finds Corporate Liquidity Increases to $3.5 Trillion, a Year-Over-Year increase of $180 BillionThis first-of-its kind study provides greater transparency into the drivers of liquidity performance for corporate America Report finds Financials, Real Estate and IT have the greatest access to liquidity SAN DIEGO – MAY 1,...read more
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April 25, 2024 NewsKyriba’s Quarterly Currency Impact Report: Total Currency Impact for 2023 Reached $95 BillionSlowdown in FX volatility more than halves negative impacts in Q4 2023 for North American and European companies North American and European negative impact decreased 57.5% from Q3 2023; the Euro was the currency...read more
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April 09, 2024 NewsKyriba Expands Suite of Artificial Intelligence Features to Enhance Liquidity Performance for CFOsKyriba’s new AI functionality delivers improved cash forecasting, bank connectivity and custom reporting to empower finance teams with greater automation and data-driven decisions LAS VEGAS – April 9, 2024 – Kyriba, a global innovator...read more
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April 08, 2024 NewsKyriba Announces First of Its Kind Innovation with Onyx by J.P. Morgan and Expands Global Partner EcosystemKyriba and Onyx by J.P. Morgan (Onyx) introduce the power of blockchain to streamline cross-border payments Kyriba partners with Workday to embed global bank connectivity within Workday Financial Management Kyriba expands global partner ecosystem...read more
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March 15, 2024 NewsKyribaLive Returns Bringing Together Financial Leaders & Treasury Experts to Explore the Latest Innovations in FintechThe annual conference will be held at The Wynn in Las Vegas from April 8-10 SAN DIEGO – March 4, 2024 – the global leader in liquidity performance, announced today that Kyriba Live returns...read more
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February 20, 2024 NewsSociété Générale and Kyriba join forces to streamline FX hedgingParis - February 20, 2024 -- Societe Generale and Kyriba announce the launch of connectivity between Kyriba's financial transaction management module and SG Markets, Societe Generale's BtoB platform. This API*-based connectivity between Kyriba and...read more
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February 15, 2024 NewsKyriba’s Quarterly Currency Impact Report: Currency Impact Reported by North American and European companies totaled $30 billionCurrency headwinds continued to prove challenging for European companies, especially for Europe, which reported FX-related impacts of $8.96 billion, about 56.6% greater than the previous quarter SAN DIEGO – February 15, 2024 -- Kyriba’s...read more
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November 30, 2023 NewsCFOs See Ongoing Pain From Foreign Exchange OscillationsThe U.S. dollar’s jolt higher this year caught companies by surprise. Now the currency is retracing some of that gain as Treasury rates slip.read more
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November 21, 2023 NewsEurope Inc. Nurses $5.7 Billion Loss in Worst FX Pain Since 2020European multinationals doing business abroad suffered the biggest hit to earnings from currency volatility in nearly three years, forcing corporate treasurers to be more vigilant in their hedging strategies.read more
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November 21, 2023 NewsKyriba’s Quarterly Currency Impact Report: FX Volatility Spikes to $29.14 Billion in Earnings ImpactsCFOs Struggle with Currency Risk Amid $6B Increase in Total FX Impacts from Previous Quarter; European Companies Lead Suffering as Headwinds Jump 349% SAN DIEGO – November 21, 2023 -- Kyriba’s latest Currency Impact...read more
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November 10, 2023 NewsImplied volatility keeps firms cool in FXCorporates are taking a big punt on markets remaining relatively benign, given their apparent lack of confidence in existing FX technology and systems.read more
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October 24, 2023 NewsTowards a Triple-A Global VisionThis article was first published in The Treasurer, Issue 3 2023. Find more at The Treasurer Magazine. By Bob Stark, Global Head of Market Strategy at Kyriba The future of treasury technology is visual,...read more
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October 05, 2023 NewsUnlocking the Future: AI in Treasury Management with Bob StarkIn today’s fast-evolving financial world, integrating AI into treasury functions and functions is revolutionizing the industry. Our exploration focuses on AI’s transformative role in treasury, particularly spotlighting the innovative strides made by Kyriba, a...read more
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October 05, 2023 NewsSibos: The Challenge of Instant TreasuryCorporate treasury expectations for on-demand financial information are yet to be addressed. The difficulty of gathering data from disparate systems should not be underestimated. One key topic at last week’s Sibos conference in Toronto...read more
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September 28, 2023 NewsArtificial Intelligence and Transaction Banking: Working SmarterDigital transformation is reshaping industries, and the treasury function is no exception. Once considered a bastion of rigid number-crunching and traditional finance processes, treasuries are now experiencing a revolution. The force behind the change...read more
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September 21, 2023 NewsKyriba To Provide RBC With Cloud-Based Payables and Receivables Finance Solution As the Bank Expands Supply Chain Finance Offerings for Canadian EnterprisesKyriba’s solution will be used by the bank to expand on its ability to provide its Canadian commercial clients with integrated and enhanced working capital solutions. SAN DIEGO - September 21, 2023 -- Kyriba,...read more
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September 05, 2023 NewsKyriba Appoints Visionary Leader Melissa Di Donato as New Chair and CEOTransformative Tech Executive to Usher in New Era of Innovation and Growth for Enterprise Liquidity Management SaaS Pioneer SAN DIEGO - September 5, 2023 -- Kyriba, the global leader of cloud-based finance and liquidity...read more
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August 30, 2023 NewsSimplifying the Complex World of FX Risk Management: Insights from Jeff GogginsUnderstanding the complex realm of FX risk management can often feel like navigating through a labyrinth with no clear exit. Technical terms like balance sheet re-measurement, hedging, and central bank interventions may seem daunting....read more
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August 18, 2023 NewsEuropean Corporates Lose Out on Currency Gains As FX Volatility PlummetsEuropean corporates have been the big losers from lower overall FX market volatility in the first half of 2023 as EUR/USD normalised while the yen and yuan continued to struggle.read more
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August 02, 2023 NewsIDC MarketScape Names Kyriba a Leader in Worldwide SaaS and Cloud-enabled Enterprise Treasury and Risk Management ApplicationsRecognized for Vision and Capabilities Helping CFOs, Treasury Teams Reduce Risk and Accelerate Growth SAN DIEGO - August 3, 2023 -- Kyriba, (“the Company”) a global leader of cloud-based finance and liquidity solutions, announced...read more
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July 27, 2023 NewsPreparing for FedNow Instant PaymentsPart 2 of 2: Now that FedNow is live, what should companies be doing to prepare to send and/or receive payments via the service? As the Federal Reserve poised to launch its FedNow instant-payment...read more
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July 25, 2023 NewsFX Turbulence Cost Global Firms $22.5 Billion in First QuarterForeign-exchange volatility cost North American and European companies $22.5 billion in the first quarter, when a weaker dollar proved beneficial to US multinationals.read more
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July 21, 2023 NewsRethinking currency risk management amid $22.52bn FX headwindsAndy Gage, senior VP of FX solutions at Kyriba, talks FX headwinds and solutions deployed by firms to mitigate currency risks.read more
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July 19, 2023 NewsNow’s the Time to Get Ready for FedNowWhat does the instant-payments landscape look like now, and how will it change when the Fed enters the market later this month? The Federal Reserve’s FedNow service has been in the works for years....read more
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July 18, 2023 NewsKyriba’s Currency Impact Report: Multinationals’ FX Headwinds Wipe Out $22B in RevenueJuly 2023 Report Reveals Inflationary Pressures Led to Fourth Largest Impact on Record; 45% Year Over Year Spike in Headwinds to North American Corporations SAN DIEGO – July 18, 2023 -- Kyriba’s Currency Impact...read more
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June 29, 2023 NewsKyriba Leads Real-Time Liquidity and Payments Surpassing 100 Million API CallsKyriba reaches milestones with API calls and connectors for instant payments, real-time bank statement reporting, payment fraud prevention and liquidity management SAN DIEGO - June 29, 2023 -- Kyriba, (“the Company”) a global leader...read more
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June 21, 2023 NewsHow Treasury Can Benefit from the Government Threatening to DefaultCorporate treasury teams can leverage the recent debt-ceiling standoff to improve their preparedness for future crises. One of the most important lessons learned from the recent debt-ceiling standoff is that the U.S. government is...read more
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May 29, 2023 NewsDebt deal welcomed by investors, though risks loomGlobal investors are gaming out how a tentative deal to raise the United States debt ceiling could ripple through markets, as lawmakers strive to pass the agreement through Congress before a June 5 deadline....read more
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May 19, 2023 NewsCurrency Swings Shave $29 Billion off of ProfitsIn Q4/2022, global FX markets were costly for North American companies, but less so than in Q3/2022. Swings in global foreign exchange (FX) markets cost the companies about $28.9 billion in the last three...read more
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May 18, 2023 NewsWild Currency Swings Shaved $29 Billion Off of Corporate ProfitsFirms saw impact from euro, Canadian dollar in fourth quarter of 2022. Kyriba data shows that volatility in FX markets was a major factor in 2022.read more
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May 18, 2023 NewsCurrency Volatility Places CFOs in “Tenuous Position”: KyribaThe latest quarterly Kyriba Currency Impact Report finds that the currency impact in Q4 2022 on corporations in North America and Europe was the third highest since the company started tracking results at over...read more
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May 18, 2023 NewsCurrency fluctuations’ effect on North American companies fell in fourth quarter, report shows ReutersThe negative impact of currency fluctuations on North American companies' results fell in the fourth quarter of 2022 compared with the previous quarter, data from treasury and financial management firm Kyriba showed on Thursday.read more
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May 18, 2023 NewsKyriba’s Currency Impact Report: Multinational Corporations Quantify FX Impacts Totaling Near Record $32.21 BillionFX Volatility Leads to Third Largest Quantified Earnings Impact to Date as CFOs Continue to Struggle with Currency Risk SAN DIEGO – May 18, 2023 -- Kyriba’s Currency Impact Report (CIR), a comprehensive quarterly...read more
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April 20, 2023 NewsInterview with Kyriba: Making Liquidity Planning Actionable in Real-timeOriginally posted on InvoiceFinance.com by John Goodden I recently sat down with Bob Stark, Global Head of Market Strategy at Kyriba. He was nice enough to answer a few of my questions about Kyriba’s...read more
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April 18, 2023 NewsWhat are the Key Steps for Selecting the Right ERP Software?Article By Steven Otwell, Director of Payments, Kyriba and originally published on https://erpnews.com Selecting the right ERP software is a critical and daunting task for any business leader who takes on the responsibility to...read more
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April 03, 2023 NewsFX volatility calls for stronger cash management strategies to reduce impact on earningsThis article was originally published on cfo.com. Currency risk management needs to be a priority for CFOs this year amid growing FX volatility, latest research from Kyriba concludes. Currency volatility continues to be a...read more
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March 29, 2023 NewsKyriba and U.S. Bank Accelerate Real-Time Payment Enablement for BusinessesSolution Allows Clients of Both Companies to Easily Send Faster Payments Within Their Existing Kyriba Dashboard San Diego and Minneapolis -- Kyriba, a global leader of cloud-based finance solutions, and U.S. Bank announced today...read more
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March 07, 2023 NewsKyribaLive Returns April 10-12 to Engage, Connect and Transform Treasury and FinanceAnnual Conference to be Held in Phoenix will Empower Treasury and Finance Leaders to Optimize Liquidity, Harness Data and Drive Growth Kyriba ("the Company"), a global leader of cloud-based finance and IT solutions, today...read more
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March 05, 2023 NewsRussia & China Likely to Fail in Attempt to Topple US DollarRussia's attempts to topple the US dollar are unlikely to work, even as the country partners with China on an alternative reserve currency.read more
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February 23, 2023 NewsTreasury’s Strategic Role in Liquidity PlanningThe time is right to evolve cash forecasting. By Thomas Gavaghan | VP of Global Presales, Kyriba Corporate treasury and finance teams are grappling with a number of crises—record-setting inflation, foreign exchange (FX) volatility,...read more
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February 14, 2023 NewsBest Digitisation Solution Winner: DT OneIn the past, this fast growth company faced significant operational risk issues and onerous banking processes with multiple bank accounts with multiple different banks due to its unique business model while lacking digital solutions...read more
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February 01, 2023 NewsDollar Strength Wipes Out Record $43 Billion of North American Firms’ ProfitsCurrency oscillations cost North American companies $43.2 billion in the July to September period — an all-time high since data tracking started a decade ago — according to Kyriba Corp. That’s a 26% spike...read more
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February 01, 2023 NewsPopular Tool to Cut Debt Costs Loses Luster as Global Central Banks Hike RatesFinance chiefs last year took advantage of relatively low rates in other countries by swapping their debt payments into different currencies. Those dynamics are shifting.read more
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February 01, 2023 NewsCorporates faced record FX headwinds last yearUS dollar volatility will have the biggest impact on APAC treasurers’ ability to predict cash flows and earnings in 2023, the Kyriba team believes.read more
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January 31, 2023 NewsCurrency fluctuations’ impact on N. American costs rose sharply in Q3The negative impact of currency fluctuations on North American companies' results rose sharply again in the third quarter of 2022, data from treasury and financial management firm Kyriba showed on Tuesday. The collective exchange-rate...read more
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January 31, 2023 NewsKyriba’s Currency Impact Report: Record $47 Billion in FX Headwinds for MultinationalsJanuary 2023 Report Shows FX as a Material Drag on Financial Results at North American and European Corporations with Total Impacts Reaching $64.22 Billion SAN DIEGO – January 31, 2023 -- Kyriba’s Currency Impact...read more
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January 18, 2023 NewsGlobal Finance Awards Kyriba Best Cloud FX Solution 2023Currency exchange risk and currency risk awareness are at a historical tipping point. As international trade continues to grow and global economies become more interconnected, managing currency risk has become a critical concern for...read more
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January 12, 2023 NewsGrowing Women Leaders in Treasury and FinanceSteps organizations and individuals can take to build confidence and reduce obstacles to treasury leadership. Confidently climbing the corporate ladder continues to be a struggle for many women in treasury and finance. Several factors—including...read more
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January 04, 2023 NewsKyriba on Claman Countdown: Stocks Fall in First Trading Day of 2023Liz Claman, Fox Business anchor, interviewed Wolfgang Koester, Chief Evangelist of Kyriba, live from Qualcomm in San Diego to discuss the first day of trading. Koester expects US dollar strength to continue, helping to...read more
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December 15, 2022 NewsTreasury Excellence: Alexander Hamilton Award Finalists, 2023The Alexander Hamilton awards recognize the most impressive 2023 treasury transformation projects! Every year Treasury & Risk hosts a prestigious competition for Treasury and Finance professionals. The Alexander Hamilton Awards recognize leaders who have...read more
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December 13, 2022 NewsKyriba Launches New Receivables Finance Solution to Help Finance Teams Facing Higher Interest Rates and InflationKyriba Receivables Finance will Provide Companies with a Real-Time Tool to Accelerate the Cash Conversion of their Receivables with One Click, while Improving Visibility on Their Liquidity SAN DIEGO – 13 December, 2022 –...read more
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December 01, 2022 NewsKyriba on Fox Business Network: Importance of Cash Liquidity in 2023In an interview with Fox Business, Kyriba's Wolfgang Koester looks ahead to 2023 and emphasized the the importance of predicting cash flows and protecting corporate cash. According to Koester, CEOs are partnering with CFOs...read more
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November 29, 2022 NewsKyriba and J.P. Morgan Payments Launch New Real-Time Treasury SolutionNew API Delivers US Real-Time Payments (RTP®), Payments Status and Bank Reporting Hunt Companies Sees Value from 375% Increase in Real-Time Payments SAN DIEGO – November 29, 2022 – Kyriba (“the Company”), a global...read more
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November 03, 2022 NewsFX Crisis Management: Dealing with Currency ShocksNo company that does business overseas is going to be surprised to hear that currencies are volatile right now and are impacting many multinationals’ bottom line. But Kyriba’s most recent “Currency Impact Report” puts...read more
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November 03, 2022 NewsGoldman Sachs Asset Management Partners With KyribaThe partnership streamlines workflow for money market fluid investing between Kyriba’s digital Treasury Management Solutions and Mosaic, Goldman Sachs Asset Management's liquidity solutions portal New York – November 3, 2022 – Goldman Sachs Asset...read more
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October 24, 2022 NewsCompanies Focus On Constant – Currency Metrics to Soothe Investors’ NervesThe strong US dollar is trimming points off earnings but CFOs would prefer to highlight measures they control to investors. Companies are more frequently reporting in constant-currency figures to demonstrate the underlying business trend...read more
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October 24, 2022 NewsKyriba Revolutionizes Cash Forecasting for CFOs with Liquidity Planning PlatformNew Solution Helps Predict and Reach Free Cash Flow Targets to Improve Financial Resilience Against Market Volatility SAN DIEGO – October 24, 2022 – Kyriba, (“the Company”), a global leader of cloud-based finance and...read more
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October 18, 2022 NewsCurrency hit to N. American companies seen ‘bad’ after rough Q2 -reportA surging U.S. dollar is likely to weigh even more on North American companies' third-quarter results than in the prior quarter, when the currency impact was the worst since at least 2013, treasury and...read more
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October 18, 2022 NewsWilliam Goodall appointed VP of Sales for Northern Europe of KyribaSAN DIEGO (US), LONDON (UK) – October 18, 2022 – Kyriba, one of the world leaders in treasury, payments and cloud finance solutions, has today announced the appointment of William Goodall as VP of...read more
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October 18, 2022 NewsWild Currency Swings Take $34 Billion Bite From Company ProfitsA surging dollar and weakness abroad whacked North American corporate profits by an unprecedented amount in the second quarter, foreshadowing an even worse hammering this earnings season. Currency volatility cost North American companies $34.3...read more
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October 18, 2022 NewsKyriba’s Currency Impact Report: FX Impacts Rock Multinationals to Record-breaking $49 BillionQuarterly Report Reveals North American Corporations Struck By $34 Billion in FX Headwinds, Up 3,583% in Less Than a Year SAN DIEGO – October 18, 2022 – Kyriba’s Currency Impact Report (CIR), a comprehensive...read more
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October 03, 2022 NewsKyriba on CNBC: Strong Dollar’s Massive Impact to Corporate EarningsIn a recent interview on CNBC Worldwide Exchange with Dominic Chu, senior markets correspondent, Kyriba’s Senior Strategist Wolfgang Koester reacted to questions about the state of the market today for multinational CEOs and CFOs,...read more
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September 28, 2022 NewsSurging Dollar Threatens $60 Billion Hit to Corporate RevenueThe greenback’s strength is likely to reduce the profits of a third of the companies in the S&P 500 this quarter. The dollar’s precipitous ascent is about to become an even bigger headache for...read more
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September 27, 2022 NewsPodchaser Episode 191: Simplifying your Financials from Mounds of DataBob Stark, Global Head of Market Strategy at Kyriba is speaking on Simplifying your financials from mounds of data.read more
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September 27, 2022 NewsKyriba Expands Risk Portfolio, Launches Commodities RiskNew FinTech Solution Optimizes Hedging Programs and Reduces Costs with Integrated Exposure Data, Analytics and Visibility within a Treasury Management Application SAN DIEGO – September 27, 2022 – Kyriba, (“the Company”), a global leader...read more
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September 20, 2022 NewsKyriba on Fox Business Network: How Rising Interest Rates Impact Cash Flow and Revenue ForecastsThe US dollar is stronger than almost every currency in the world. While this impacts trade by making it more expensive to buy US goods, it has the effect of increased foreign investments in...read more
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September 15, 2022 NewsKyriba Launches AI-Driven Cash ManagementNew Solution Optimizes Enterprise Liquidity with AI Powered Cash Forecasting SAN DIEGO – September 15, 2022 – Kyriba, (“the Company”), a global leader of cloud-based finance and IT solutions, today announced the launch of...read more
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September 09, 2022 NewsTurning Data into Business Insight: Finance and IT ConvergingHamza Benamar, CFO at Kyriba, offers guidance to CFOs on the importance of working with CIOs to invest in the capacity to manage big data, and provides insights into why, with the current market...read more
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August 25, 2022 NewsKyriba Recognized on the Inc. 5000 Annual List of America’s Fastest-Growing Private Companies for the Ninth TimeEnterprise Liquidity technology company consistently drives double digit growth, award winning product innovation, and client services SAN DIEGO – Aug. 25, 2022 – Kyriba, (“the Company”), a global leader of cloud-based finance and IT...read more
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July 31, 2022 NewsCurrency weakness weighs heavily on ECBWhile the figure for European corporate FX losses is not massively out of line with previous quarters, what is notable is the continued impact of the weaker euro with the single currency being among...read more
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July 29, 2022 NewsKyriba on Fox Business: Currency Markets Leading Equity Markets amid Recession FearsKyriba senior strategist Wolfgang Koester joins Maria Bartiromo on Fox Business Network's "Mornings with Maria" to discuss currency exchange impacts to corporate earnings and safe investment strategies. Wolfgang Koester focused on earnings, the dollar,...read more
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July 25, 2022 NewsCentral Banks’ Interest-Rate Moves Complicate Companies’ Hedging StrategiesCentral banks’ diverging interest-rate moves are making it harder for U.S. companies to hedge against currency risks, as they create higher costs for some while benefiting others. The strong dollar is leading many businesses...read more
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July 22, 2022 NewsThe Super DollarMore cautionary FX tales: Global Finance reports how the "Super Dollar" and other market conditions heightens the challenge Risk Leaders face in managing currency exposures. This article concludes with concern, especially for emerging countries,...read more
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July 21, 2022 NewsKyriba’s Currency Impact Report: Multinationals’ FX Impacts Surge to $24 BillionThe July 2022 Report Reveals $14+ Billion Hit in Q1 Headwinds to North American Corporations, More Than 200% Single Quarter Spike SAN DIEGO – July 21, 2022 -- Kyriba’s Currency Impact Report (CIR), a...read more
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July 20, 2022 NewsTreasurers scramble to navigate FX headwinds as greenback soarsCorporates are increasingly turning to VaR techniques to help them cope with FX challenges unleashed by the soaring US dollar.read more
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July 02, 2022 NewsUS multinationals grapple with soaring dollarThe rapid rise of the US dollar since the start of the year is a double-edged sword for American multinational companies, pushing some of them to decide whether to hedge or reposition their activities...read more
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June 22, 2022 NewsKyriba Launches Portfolio VaR Analysis to Tackle Currency RiskNew Analytics Offer More Precise and Immediate Decision Support to FX Risk Managers, Optimizing Hedging Programs SAN DIEGO – June 22, 2022 – Kyriba, (“the Company”), a global leader of cloud-based finance and IT...read more
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June 22, 2022 NewsCompanies Review Hedging Strategies as Strong Dollar Cuts ProfitsThe Wall Street Journal Coca-Cola, Microsoft and Salesforce are among the companies that have pointed out the negative effect of the strong dollar on their financial results Companies are reviewing their hedging strategies in...read more
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June 13, 2022 NewsRise in dollar to 20-year high costs US companies billions in earningsNorth American businesses’ foreign exchange losses estimated at $40bn in first half of year. Currency headwinds are on the rise with a number of companies including Microsoft, Salesforce and TJ Maxx increasing guidance on...read more
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June 09, 2022 NewsKyriba Named One of the World’s Most Innovative Financial Technology Companies of 2022Kyriba, a global leader of cloud-based finance and IT solutions, has been recognized by Global Finance Magazine as one of the five most innovative global financial technology companies of 2022. The Innovators Awards –...read more
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June 08, 2022 NewsKyriba Named One of the World’s Most Innovative Financial Technology Companies of 2022Global Finance Magazine Recognizes Cloud-based Finance and IT Solutions Leader for Reimagining and Designing Finance Tools for Corporate Treasury Teams, Financial Institutions SAN DIEGO – June 8, 2022 – Kyriba, a global leader of...read more
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June 06, 2022 NewsStay Out of the Headlines: Reduce Payment FraudAccording to the 2022 AFP Payments Fraud and Control Survey, 92% of finance leaders observed that fraud in 2021 was as bad as, if not worse, than the year before. As payment fraud continues...read more
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June 03, 2022 NewsThe Innovators 2022: Global And Regional HonorsAs pandemic response continues to reshape human behaviors and attitudes, banks are strengthening in-house innovation teams and tapping broader networks to stimulate fresh ideation in financial services.read more
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May 18, 2022 NewsKyriba on Fox Business Network: Lowe’s Beat’s Estimates – What that Means for Investors and CFOsKyriba Chief Evangelist Wolfgang Koester joined Maria Bartiromo, Fox Business Network (FBN) Anchor, on "Mornings with Maria" along with FBN Financial Correspondent Jackie DeAngelis, Fox News Contributor Joe Concha and President of Through the...read more
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May 16, 2022 NewsThe Currency Winds Have ShiftedAfter Kyriba’s Q1/2022 “Currency Impact Report” showed FX boosting multinationals’ earnings by more than $9 billion, the Q2 report shows that currency headwinds reduced corporate profits by a total of $4.56 billion in North...read more
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May 16, 2022 NewsPress release: Kyriba: companies report $11.21bn in FX impactsThis quarter’s Currency Impact Report from Kyriba reveals North American multinational corporations lost $4.56 billion in the last quarter due to currency volatility, led by a surge in the Canadian dollar against the Euro...read more
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May 16, 2022 NewsCurrency risk set to double or triple – Kyriba reportA three-quarter trend of falling FX impacts came to an end in the final quarter of last year, as corporates surveyed by Kyriba reported a 390% increase in headwinds from currency volatility.read more
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May 13, 2022 NewsUS Corporates Suffer as Dollar Soars: More Pain to Come?The latest quarterly Currency Impact Report from Kyriba finds that US corporations saw a 390% increase in currency headwinds in the last quarter of 2021, compared to the previous quarter. Perhaps of more concern...read more
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May 12, 2022 NewsSurvey Shows Non-Bank Financial Institutions Prioritizing Security, Compliance, EfficiencyAI and ML Investments Expected to Grow, Supporting Security and Fraud Prevention Atlanta, GA – May 12, 2022 – Today, Strategic Treasurer and Kyriba release the results of the Non-Banking Financial Institution (NBFI) Survey....read more
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May 12, 2022 NewsKyriba’s Currency Impact Report: Multinational Corporations Earnings Impacted by $11.21 Billion in Total FX VolatilityKyriba’s Currency Impact Report (CIR), a comprehensive quarterly report which details the impacts of foreign exchange (FX) exposures among 1,200 multinational companies based in North America and Europe with at least 15 percent of...read more
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May 12, 2022 NewsKyriba’s Currency Impact Report: Multinational Corporations Earnings Impacted by $11.21 Billion in Total FX VolatilityKyriba’s Currency Impact Report (CIR), a comprehensive quarterly report which details the impacts of foreign exchange (FX) exposures among 1,200 multinational companies based in North America and Europe with at least 15 percent of...read more
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May 12, 2022 NewsKyriba’s Currency Impact Report: Multinational Corporations Earnings Impacted By $11.21 Billion in Total FX VolatilityQuarterly Report Reveals North American Corporations Suffered $4.56 Billion in Headwinds SAN DIEGO – May 12, 2022 – Kyriba’s Currency Impact Report (CIR), a comprehensive quarterly report which details the impacts of foreign exchange...read more
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May 12, 2022 NewsThe Morning Ledger: Hot Job Market, Strong Demand for CFOs Strain Due Diligence$4.56 billion: The amount of money that North American companies lost during the first quarter due to currency-related volatility, according to Kyriba, a treasury management software company.read more
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May 10, 2022 NewsAnalysis: Dollar’s surge spurs currency hedging by U.S. companiesU.S. companies are ramping up efforts to protect their profits from a relentless rally in the dollar, as the greenback surges to multi-decade highs. The dollar has climbed about 15% against a basket of...read more
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May 06, 2022 NewsIs there an ideal structure for treasury teams?How should treasury teams best structure themselves to ensure they can cover each critical task? Sally Percy finds out Steve Jobs, the late founder of technology giant Apple, once said: “Great things in business...read more
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April 28, 2022 NewsTreasury Tech Update: Finastra, Kyriba, Microsoft and moreCloud treasury and finance solution provider Kyriba has announced 24 new ERP API solutions that enhance access to real-time payments, enterprise liquidity management and resiliency against global economic disruption.read more
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April 28, 2022 NewsKyriba and ICD Launch API to Power Automation, Liquidity Insight Across the Investment WorkflowKyriba Marketplace Offers Easy to Use, Self-serviceable API Development for Clients and Partners. Kyriba, (“the Company”) a global leader of cloud-based finance and IT solutions, announced the launch of a new API connector with...read more
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April 28, 2022 NewsKyriba and ICD Launch API to Power Automation, Liquidity Insight Across the Investment WorkflowKyriba Marketplace Offers Easy to Use, Self-serviceable API Development for Clients and Partners SAN DIEGO – April 28, 2022 – Kyriba, (“the Company”) a global leader of cloud-based finance and IT solutions, today announced...read more
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April 27, 2022 NewsCFO tech updates: PwC, Workday, Kyriba and moreOn April 14, Kyriba announced 24 new API connectors offering real-time connectivity and multiple bi-directional workflows to help finance teams accelerate liquidity management, eliminate fraud and support business continuity.read more
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April 26, 2022 NewsTrendspotting FX-Part 2: How CBDCs are evolving, and what companies should be doing to prepare.Kyriba’s “Currency Impact Report” released earlier this year found that in Q3/2021, North American businesses mostly experienced “tailwinds”—swings in foreign exchange (FX) that increased their earnings per share by 4 cents on average. Treasury...read more
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April 23, 2022 NewsKyriba Accelerates Access To Services In Real TimeKyriba, a global leader in cloud-based financial and IT solutions, has announced 24 new live and fully integrated API connectors with Kyriba’s cloud platform, accelerating access to real-time services, payments, business liquidity, and optimization....read more
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April 21, 2022 NewsTrendspotting FX-Part 1: Complacency emerges as a significant risk in Kyriba’s latest “Currency Impact Report.”Part 1: Complacency emerges as a significant risk in Kyriba’s latest “Currency Impact Report.” Kyriba’s latest “Currency Impact Report” estimates that North American companies experienced $9.32 billion in currency tailwinds late last year.read more
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April 20, 2022 NewsKyriba Announces 24 New ERP API ConnectorsKyriba, (“the Company”) a global leader of cloud-based finance and IT solutions, today announced 24 new API connectors are live and fully integrated with Kyriba’s cloud platform, accelerating access to real-time payments, enterprise liquidity...read more
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April 19, 2022 NewsSociete Generale Introduces Payment & Transaction Banking AcceleratorPayment & Transaction Banking Accelerator will support startups working on cash management and trade finance. The six-month incubation period will start in September 2022. In June last year, Societe Generale collaborated with Kyriba, a...read more
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April 19, 2022 NewsKyriba Announces 24 New ERP API Connectors to Accelerate Liquidity Management and Support Business ContinuityKyriba, (“the Company”) a global leader of cloud-based finance and IT solutions, announced 24 new API connectors are live and fully integrated with Kyriba’s cloud platform, accelerating access to real-time payments, enterprise liquidity management...read more
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April 19, 2022 NewsKyriba Announces 24 New ERP API Connectors to Accelerate Liquidity Management and Support Business ContinuityAPIs connect SAP, Oracle, and Microsoft ERP Customers to over 1,000 Banks for Real-Time Payments, Fraud Detection, Cash and Treasury Risk Management SAN DIEGO – April 19, 2022 – Kyriba, (“the Company”) a global...read more
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April 18, 2022 NewsKyriba Introduces a Range of API Connectors to Its Cloud PlatformThe cloud-based finance and IT solutions company Kyriba has launched 24 new API connectors within its platform, accelerating access to real-time payments, enterprise liquidity management and optimising resiliency against global economic disruption.read more
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April 18, 2022 NewsData key for treasurers as they focus on cash visibility and controlThe pandemic and ongoing volatility is testing treasurers as never before, but greater leveraging of their data can help them better navigate the turmoil. Treasurers need for visibility, optimised working capital and control over...read more
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April 05, 2022 NewsTreasuries Focused on TransformationAn IDC study shows why so many treasury organizations need transformational change, including rolling out a “unified liquidity management strategy.”read more
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March 28, 2022 NewsGlobal Survey Validates the Emergence of a New Practice Area in Enterprise IT Valued at $30 BillionKyriba, (“the Company”) a global leader of cloud-based finance and IT solutions, announced the results of a major IDC survey commissioned by Kyriba. The global survey results of over 800 corporate finance executives validate...read more
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March 28, 2022 NewsA Guide to Digital Banking Trends for CFOs in 2022Today’s CFOs are facing increasing levels of market uncertainty that can have a major impact on their ability to stabilize or grow their business. Compounded by operating in a fast-evolving digital banking landscape, there...read more
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March 24, 2022 NewsGlobal Survey Validates the Emergence of a New Practice Area in Enterprise IT Valued at $30 BillionCorporate Leaders are practicing Enterprise Liquidity Management to protect balance sheets, drive new post-pandemic growth opportunities SAN DIEGO – PARIS, March 24, 2022 – Kyriba, (“the Company”) a global leader of cloud-based finance and...read more
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March 09, 2022 NewsRussia-Ukraine war highlights the need for strong FX risk managementThe Ukraine crisis has led to a surge in FX volatility following the strict economic sanctions placed on Russia from countries around the world, increasing the need for strong FX risk management for corporates...read more
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March 05, 2022 NewsVolatile FX markets aren’t going away, warns Kyriba’s latest reportThe Global Treasurer spoke with senior strategist at Kyriba, Wolfgang Koester, to discuss the key findings from the company’s latest Currency Impact Report and how corporates can manage $12bn in currency impacts to earnings...read more
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March 04, 2022 NewsBest Treasury and Cash Management Providers 2022: Systems And ServicesKyriba awarded BEST TREASURY MANAGEMENT SOFTWARE. As a pioneer in treasury SaaS, Kyriba challenged the naysayers who describe SaaS as a watered-down version of a fully fledged TMS.read more
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March 02, 2022 NewsHow treasurers can optimise FX risk management in 2022According to recent research from Kyriba, although the collective negative impact of foreign exchange exposures was down in Q3 of 2021 compared to the previous quarter, FX volatility is trending upwards again and is...read more
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February 28, 2022 NewsKyriba Conference Elevates Enterprise Liquidity to Accelerate GrowthKyribaLive 2022 North American User Conference April 6-7 Reveals Client Success Stories, Client Awards and Product Intelligence San Diego - February 28, 2022 – Kyriba, (“the Company”) a global leader of cloud-based finance and...read more
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February 16, 2022 NewsKyriba Selected by Barilla to Provide a Global Working Capital, Treasury and Risk Management PlatformKyriba today announces that Barilla has selected the Kyriba enterprise liquidity management platform to support its treasury, risk management and supply chain finance.read more
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February 15, 2022 NewsKyriba Selected by Barilla to Provide a Global Working Capital, Treasury and Risk Management PlatformSan Diego, Milan (Italy) -February 15, 2022 – Kyriba, (“the Company”) a global leader in cloud treasury, payments and finance solutions today announced that Barilla, a leading global food company, has selected the Company's...read more
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February 14, 2022 NewsLow currency impact for corporates in recent quarters, but inflation loomsA recent Kyriba report found currency fluctuations to have a milder impact in 3Q21 compared to earlier quarters, but Asian ex-rates – especially the yuan – should be closely monitored, warns strategist.read more
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February 14, 2022 NewsKyriba’s Currency Report Released, $11.98 Billion Was the Total Impact from FX VolatilityCompanies reported $9.86 billion in tailwinds and $2.13 billion in headwinds. The Average Earnings per Share (EPS) of US companies rose to $0.04.read more
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February 12, 2022 NewsUS CFOs report supply chain and currency FX volatilityKyriba Currency Impact Report reveals nearly US$12bn foreign exchange volatility as supply chain disruption, currency volatility and inflation test CFOs.read more
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February 10, 2022 NewsFX Provides Revenue Boost for US CompaniesThe latest quarterly Kyriba Currency Impact Report, which details the impacts of FX exposures among 1,200 multinational companies based in North America and Europe, reveals $11.98 billion in total impacts to earnings from currency...read more
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February 10, 2022 NewsCurrency hit to North American companies in Q3 lowest since 2018The negative impact of currency fluctuations on North American companies' third-quarter 2021 results fell from the quarter before and was at the lowest level since the first quarter of 2018, data from treasury and...read more
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February 09, 2022 NewsDaily API RoundUp: KyribaKyriba is SaaS Treasury Management software. The Kyriba APITrack this API enables developers to connect to the Platform and integrate open banking services into their own applications. API methods are available to manage bank...read more
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February 09, 2022 NewsKyriba’s Currency Impact Report Reveals $11.98 Billion in Total FX Volatility in Earnings for North American and European Multinational CorporationsQuarterly Report Identifies FX Vulnerability for North American Corporations Quantifying $9.32 Billion in Tailwinds San Diego – February 9, 2022 – Kyriba’s Currency Impact Report (CIR), a comprehensive quarterly report which details the impacts...read more
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February 08, 2022 NewsKyriba on Fox Business Network: Current Market Volatility Underscores the Importance of Managing Cash FlowsKyriba's Wolfgang Koester joined Maria Bartiromo on Fox Business Network providing his views on the importance of managing balance sheets and cash flows for CFO’s especially during times of market volatility and uncertainty.read more
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February 03, 2022 NewsFour Ways Data Drives Digital Transformation SuccessDigital Transformation quickly became one of the most popular buzzwords of the COVID era as leaders struggled to navigate the applications, virtualized experiences, and new practices required to enable and manage a remote workforce...read more
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January 28, 2022 NewsTreasury doesn’t have to lose out to FP&A on forecastingCFOs have been placing a higher priority on strategic cash forecasting over the last few years. But while one might assume this means treasury is becoming more involved in company strategy, we’ve been hearing...read more
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January 20, 2022 NewsKyriba Awarded World’s Best Treasury Management Software and Open Banking Treasury Solution by Global Finance MagazineGlobal Leader of Cloud-based Finance and IT Solutions Recognized for innovation in cash and liquidity optimization, ability to drive resiliency, and unify data across the enterprise San Diego – January 20, 2021 – Kyriba...read more
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January 07, 2022 NewsThe Myths and Truths of Government Payment FraudPayment fraud continues to be a silent crisis for the public sector. In addition to the potential loss of taxpayer funds, government agencies are also facing the negative press, reputational damage, potential impact to...read more
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December 23, 2021 NewsKyriba on Fox Business Network: Central Banks Will Issue Their Own Electronic CurrencyKyriba's Wolfgang Koester joined Maria Bartiromo on Fox Business Network providing his views on volatile market conditions and the potential of a digital currency. CFOs who have access to data in real-time, and a...read more
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December 16, 2021 NewsA Treasure in Retail"When I joined Macy's, we as a treasury department implemented a treasury platform called Kyriba, which essentially consolidated all of our bank reporting and automated that into a single electronic platform," Douglas Brauch, Macy's...read more
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December 09, 2021 NewsKyriba Announces the Appointment of an Executive Advisory BoardSan Diego – Dec. 9, 2021 – Kyriba Corp. ("the Company"), a global leader of cloud-based finance and IT solutions, announced today the creation of its Executive Advisory Board (“the Board”) comprised of globally...read more
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December 06, 2021 NewsToo Many Security Alerts? AI-driven Automation Can Ease the Burden and Keep Data SaferCompanies are turning to managed detection and response and automated threat defense tools to give their security teams some backup.read more
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December 06, 2021 News3 Ways Data Drives Digital Transformation SuccessForbes columnist Benjamin Laker published an interview with Jean-Luc that neatly presents his vision for the future of finance and the importance of enterprise liquidity management. The article identifies ROI, Automation and Intelligence as...read more
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December 03, 2021 NewsKyriba Recognized by Global Finance Magazine’s Annual FX Tech Awards for Best TMS Provider with FX Module, Best Solution for FX Cash-Flow HedgingSan Diego – Dec. 3, 2021 – Kyriba Corp.Kyriba Corp. ("the Company"), a global leader of cloud-based finance and IT solutions, has been recognized for its FX Risk Management solution as ‘Best TMS Provider...read more
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November 30, 2021 NewsKyriba on Fox Business Network: Futures Down Over Omicron UncertaintyKyriba's Wolfgang Koester joined Maria Bartiromo on Fox Business Network to discuss how CFOs can mitigate any market volatility brought on by the Omicron variant. Koester believes companies need to assess how prepared they...read more
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November 13, 2021 NewsThe Fuel Powering DigitizationAPIs have been around for some time but their significance is growing in the asset servicing industry as experts say they are the fuel powering digitalisation.read more
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November 10, 2021 NewsCorporates on Both Sides of Atlantic Face Dollar DilemmasMultinationals are increasingly reluctant to reveal the precise impact of currency fluctuations on their bottom line.read more
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November 02, 2021 NewsTreasury tech update: EBA Clearing, Kyriba and moreThe Global Treasurer’s monthly round-up of treasury tech news, including new partnerships, product launches and people moves.read more
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November 01, 2021 NewsWhat The Pandemic Taught Us About LiquidityInformation security is among every company’s biggest concerns today. And according to Eric Adams, Chief Information Security Officer at Kyriba, a treasury management software company based in San Diego, California, one of the most...read more
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November 01, 2021 NewsImpact of FX volatility amounts to $27.87 billion in 2Q21A recently published report highlights the importance of quantifying currency exposure and minimising foreign exchange (FX) risk for corporate treasurers.read more
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October 27, 2021 NewsKyriba Leaps to the TF RescueKyriba – the cloud-based finance and IT solutions group – has launched Kyriba Working Capital Solutions as part of its effort to close the reported $3.4 trillion trade financing gap and help corporate buyers...read more
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October 27, 2021 NewsThe Morning Ledger: Corporate Minimum Tax Resurfaces as Democrats Hunt for MoneyCurrency fluctuations during the second quarter boosted 1,200 global companies' earnings by a collective $23.62 billion, the highest such amount in at least a decade, according to Kyriba Corp., a treasury management software firm.read more
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October 26, 2021 NewsCurrency hit to North American companies’ results dips in Q2The negative impact of currency fluctuations on corporate results for North American companies fell in the second quarter of this year from the previous quarter, data from treasury and financial management firm Kyriba showed...read more
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October 26, 2021 NewsKyriba on Fox Business Network: Inflation is an Increasing ProblemFox Business Network anchor Maria Bartiromo interviews Kyriba senior strategist Wolfgang Koester. He argues that inflation is "an increasing problem" and that it "will impact earnings, but not all negative" and points to the...read more
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October 26, 2021 NewsKyriba’s Currency Impact Report Reveals $27.87 Billion in Total FX Volatility in Earnings for North American and European Multinational CorporationsThe October 2021 Report Shows Persistent FX Vulnerability for North American Corporations Reporting $22.93 Billion in Q2 Tailwinds San Diego – October 26, 2021 – Kyriba’s Currency Impact Report (CIR), a comprehensive quarterly report...read more
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October 16, 2021 NewsBanks Focus on Vendor Collaboration for Treasury ServicesSociete Generale’s decision to launch a joint treasury management solution with Kyriba is just the latest example of banks and technology vendors collaborating to offer more sophisticated treasury functionality.read more
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October 15, 2021 NewsKyriba Launches New Working Capital Solutions to Close $3.4T Trade Financing Gap“The pandemic has created unprecedented risk in global supply chains. Suppliers are being crushed financially as they wait the additional weeks and months it now takes to get products to market, said Jean-Luc Robert,...read more
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October 14, 2021 NewsKyriba Launches New Working Capital Solutions to Close the $3.4 Trillion Trade Financing GapThe Company’s Investments Increase Access to Liquidity to End Supply Chain Risk San Diego – October 14, 2021 – Kyriba, (“The Company”) a global leader of cloud-based finance and IT solutions, announced the launch...read more
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October 05, 2021 NewsKyriba Appoints New Chief Experience Officer to Lead Client Services TeamsSan Diego – October 5, 2021 – Kyriba ("the Company"), a global leader of cloud-based finance and IT solutions, announced the appointment of a new Chief Experience Officer, Andrew Snyder, to lead the company’s...read more
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October 01, 2021 NewsData is key to working capital improvements, say speakers at Working Capital ForumThe event has been welcomed by working capital and supply chain finance solution providers, 12 of which are supporting the day as sponsors and exhibitors, ranging from established fintechs such as Taulia, Kyriba and...read more
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September 28, 2021 NewsKyriba Strengthens Board with the Appointment of Four Transformational LeadersSan Diego, CA – September 28, 2021 — Kyriba (“the Company”), a global leader of cloud-based finance and IT solutions, announced today the appointment of four new members to its Board of Directors: Mike...read more
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September 23, 2021 NewsKyriba Unlocks Access to $15 Trillion Payment Network with Launch of Open API PlatformKyriba’s Open API Platform streamlines the creation and connectivity of new applications for the company’s trusted network, which connects 1,000 banks, manages over a million bank accounts, and processes over 200 million payments worth...read more
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September 16, 2021 NewsKyriba Unlocks Access to $15 Trillion Payment Network with Launch of Open API PlatformThe Company’s Newly Announced Developer Portal Streamlines Application Development and Access to Thousands of Global Corporates and Banks San Diego – September 22, 2021 — Kyriba, a global leader in cloud-based finance and IT...read more
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September 09, 2021 NewsKyriba on Fox Business Network: Futures Point to LossesFox Business Network anchor Maria Bartiromo interviews Kyriba senior strategist Wolfgang Koester about whether futures point to losses. Wolfgang relates continuing optimism for futures among investors and recommends looking for value in companies that...read more
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August 26, 2021 NewsKyriba And Openpay Offer Smarter Payments Experience For US Based ClientsKyriba, a global leader of cloud-based finance and IT solutions, and Openpay Group Ltd. a global diversified payments fintech Company, announced a strategic partnership to introduce Openpay’s OpyPro SaaS solution for B2B payments to...read more
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August 25, 2021 NewsKyriba and Openpay Offer Smarter Payments Experience for US Based ClientsNew Partnership Gives Kyriba Clients New Customer-Centric Payment Capabilities San Diego, Melbourne – August 26, 2021 — Kyriba, a global leader of cloud-based finance and IT solutions, and Openpay Group Ltd. (ASX: OPY) (Openpay),...read more
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August 24, 2021 NewsHow To Protect Against Payments FraudInformation security is among every company’s biggest concerns today. And according to Eric Adams, Chief Information Security Officer at Kyriba, a treasury management software company based in San Diego, California, one of the most...read more
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August 20, 2021 NewsCrypto challenges shine light on CFOs’ fiat currency managementFinance leaders have reason to avoid the volatility of alt coins but their lack of visibility into currency exposure could be leaving them vulnerable to a similar risk with some fiat currencies.read more
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August 10, 2021 NewsTreasury management at SMEs – Still too neglected?Treasury management or more generally Supply Chain Finance management is still a neglected topic at many SMEs. ... Nonetheless in this globalized competitive market with fast moving cash, even SMEs are in need of...read more
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August 04, 2021 NewsBlackLine and Kyriba Partner to Streamline Digitization of the Office of the CFOJoint solution accelerates bank connectivity, enabling greater financial close and accounts receivable process automation for customers.read more
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July 27, 2021 NewsRise of Digital Yuan Brings New Challenges for China Tech GiantsFor the past decade, private companies in China have led the way in the digitization of money, with Tencent Holdings Ltd. and Ant Group Co. setting up enormous private payment networks and cryptocurrency-mining operations...read more
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July 21, 2021 NewsKyriba Platform Selected by Thales for Payments ManagementParis – 21 of July 2021 — Kyriba, one of the global leaders in cloud treasury, payments and finance solutions, has announced that Thales, the technology group specializing in aerospace, digital identity & security,...read more
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July 20, 2021 NewsKyriba Partners with BlackLine to Facilitate Bank ConnectivityThe partnership between BlackLine, the Woodland Hills accounting software developer, and Kyriba offers enhanced capabilities for mutual customers through integrated products that will accelerate bank connectivity, increase cash visibility and enable greater automation for...read more
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July 20, 2021 NewsKyriba and BlackLine Partner to Accelerate Bank Connectivity and Improve Treasury ManagementAccounting automation software maker BlackLine said Tuesday (July 20) it is working with Kyriba, which provides cloud-based finance and IT solutions, to streamline digitization for chief financial officers and improve finance and treasury department...read more
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July 20, 2021 NewsBlackLine and Kyriba Partner to Streamline Digitalization of the Office of the CFOJoint solution accelerates bank connectivity, enabling greater financial close and accounts receivable process automation for customers LOS ANGELES and SAN DIEGO, Calif. – July 20, 2021 — Accounting automation software leader BlackLine, Inc. (NASDAQ:...read more
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July 14, 2021 NewsU.S. Dollar Volatility / Stocks To Watch: NWL, CHD, HUBBFor investors, be diligent as to where the companies they invest in are doing business, says Wolfgang Keoster, Senior Strategy Officer at Kyriba. He discusses monitoring U.S. dollar (/DX) volatility and how investors should...read more
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July 14, 2021 NewsKyriba on Fox Business Network: Earnings Season Kicking OffFox Business Network anchor Maria Bartiromo interviews Kyriba senior strategist Wolfgang Koester about currency impacts to S&P 500 companies in the second quarter of 2021. Hear why being currency agnostic is the winning strategy...read more
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July 13, 2021 NewsKyriba on Bloomberg Radio: Currency Impact Report: Wolfgang KoesterWolfgang Koester, Senior Strategist at Kyriba, discusses currency volatility and the Kyriba Currency Impact Report. Hosted by Paul Sweeney and Matt Miller. (Taylor Riggs fills in for Matt Miller)read more
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July 13, 2021 NewsHealthcare Stocks Beyond The Covid Boom (Podcast)Wolfgang Koester, Senior Strategist at Kyriba, discusses currency volatility and the Kyriba Currency Impact Report. Hosted by Paul Sweeney and Matt Miller.read more
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July 13, 2021 NewsCurrency hit to North American companies rose in Q1, Kyriba saysThe negative impact of currency fluctuations on North American companies' results increased in the first quarter to the highest level since the second quarter of 2020, data from treasury and financial management firm Kyriba...read more
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July 13, 2021 NewsThe Morning Ledger: Finance Chiefs Weigh the Impact, and the Odds, of a Global Minimum TaxFinance executives at multinational companies are trying to assess the potential implications of a global minimum tax for their businesses, with many of them skeptical whether the plan will come to fruition anytime soon.read more
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July 13, 2021 NewsCurrency volatility sees multinationals lose almost US$10bn in Q1North American and European companies reported a combined US$9.54bn in quantified negative currency impacts in Q1 2021, up 55% from the previous quarter, according to Kyriba's Currency Impact Report for Q2021. European companies accounted...read more
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July 13, 2021 NewsKyriba’s Currency Impact Report Reveals $9.5 Billion in Total Quarterly FX Headwinds for North American and European Multinational CorporationsSan Diego, CA – July 13, 2021 — Kyriba’s Currency Impact Report (CIR), a comprehensive quarterly report detailing the impacts of foreign exchange (FX) exposures among 1,200 multinational companies based in North America and...read more
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June 22, 2021 NewsKyriba on Fox Business Network: The Risk of Managing AltcoinsLiz Claman, anchor of the Fox Business Network show Countdown to the Closing Bell, interviewed Kyriba Chief Evangelist Wolfgang Koester to understand the risk of companies investing in cryptocurrencies. Is there room for central...read more
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June 22, 2021 NewsStandard Chartered and Kyriba Partner to Transform the Cross-Currency Payments ExperienceThe Partnership Combines Standard Chartered’s Payment Network and FX Capabilities with Kyriba’s Payments Solution through a New API Connector 22 June 2021, Singapore, San Diego – Standard Chartered, a leading international banking group, and...read more
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June 21, 2021 NewsMarket strategist on which Bitcoin investors to watch, which to stay away fromKyriba senior strategy officer Wolfgang Koester advises investors to heed caution around companies like MicroStrategy and Tesla.read more
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June 14, 2021 NewsKyriba and Societe Generale to Partner for Treasury Management SolutionSociete Generale has announced a strategic partnership with cloud-based IT solutions provider Kyriba, to roll out a new treasury management solution. According to the announcement, the new service will offer fraud management functionality and...read more
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June 11, 2021 NewsSociete Generale and Kyriba Join Forces to Create a Cloud Treasury Management SolutionSociete Generale’s clients will have access to a complete treasury management solution (monitoring, payments and fraud management) based on Kyriba’s global cloud platform London, San Diego, – June 11, 2021 – Societe Generale (the...read more
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June 10, 2021 NewsAutomate Your Business Intelligence with AIArticle by Bob Stark, Global Head of Market Strategy, Kyriba Productivity has always been a core goal for finance teams, investing in both enterprise resource planning (ERP) and integrated best-of-breed platforms to unlock efficiencies...read more
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June 08, 2021 NewsKyriba Expands Footprint in South African Countries with Digiata PartnershipBrings Treasury, Payments and Enterprise Liquidity Management Solutions to Sub-Saharan African Region Expands and Enhances Localized Services and Support San Diego, South Africa – June 8, 2021 — Kyriba, a global leader of cloud...read more
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May 24, 2021 NewsKyriba on Fox Business Network: Crypto Currency’s Wild RideFox Business Network financial news anchor Maria Bartiromo interviewed Kyriba Chief Evangelist Wolfgang Koester on "Mornings with Maria" to get his analysis of plummeting Bitcoin values, the rise of central bank digital currencies (CBDC)...read more
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May 20, 2021 NewsTreasury must see data as priority for tech transformationWith effective cash and liquidity management so crucial to the continuity of a business, the pressure to get timely and accurate forecasts has intensified. However, forecasting is not the best descriptor of what is...read more
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May 18, 2021 NewsTAKKT selects Kyriba’s Liquidity and Payment PlatformStuttgart, Frankfurt (Germany), - 18 May 2021 — Kyriba, the global leader in cloud treasury, payments and finance solutions today announces that TAKKT AG, the leading B2B distance seller for business equipment in Europe...read more
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May 13, 2021 NewsKyriba: The Lack of Transparency in Treasury Management is a CFO’s Biggest GripeHamza Benamar, CFO for Kyriba, a treasury management software company, recommended CFOs be involved in understanding the health of the banking relationship, or at least receive updates on banking scorecards and other metrics to...read more
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May 06, 2021 NewsPayments Solutions from Kyriba Achieve SAP Certifications for Integration with SAP NetWeaver and SAP S/4HANACertifications Help Accelerate ERP Implementation and Reduce Risk with Access to 45,000 Payments Formats Out of the Box with AI-based Payments Fraud Protection for CFOs and IT Leaders Through Interoperability with SAP® Solutions San...read more
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May 03, 2021 NewsMaking The Cloud PaySamuel Guillon knows firsthand the pandemic challenges faced by corporate finance officers. He was working as CFO of Colas, a global road and transport construction group, in the early days of the pandemic, when...read more
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May 03, 2021 NewsKyriba on Bloomberg TV: Weak Dollar Good for North American Corp. in AsiaBloomberg TV interviewed Kyriba Chief Evangelist Wolfgang Koester about the $6.16B in reported negative currency impacts from North American and European corporates, according to the April Kyriba Currency Impact Report. Koester predicts an increase...read more
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April 27, 2021 NewsKyriba’s Currency Impact Report Reveals North American and European Multinational Corporations Report $6.16 Billion in Total Quarterly FX HeadwindsSan Diego, CA – April 27, 2021 — Kyriba’s Currency Impact Report (CIR), a comprehensive report detailing the impacts of foreign exchange (FX) exposures among 1,200 multinational companies based in North America and Europe,...read more
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April 15, 2021 NewsKyriba Receives Customer Satisfaction Award from IDC’s SaaS Treasury Management SurveyHighest Ratings from Customers in Global Survey Include Business Intelligence, Trusted Brand, Product Innovation, Customer Service, and Geographic Reach San Diego, CA – April 15, 2021 – Kyriba (“the Company”), a global leader of...read more
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April 08, 2021 NewsKyriba Successfully Completes ISO 27001 Surveillance Review AuditsSan Diego, CA – April 8, 2021 – Kyriba (“the Company”), a global leader of cloud finance and IT solutions, today announced that the Company recently completed its ISO 27001 surveillance review audit with...read more
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March 29, 2021 NewsMultinationals reported $6.16B in negative forex exposure for Q4: studyDuring the first quarter the “strengthening of the dollar increased volatility,” he said. “Therefore I am 100% sure that the impacts on earnings of Q1 ending March 31 will be worse” than during the...read more
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March 28, 2021 NewsThe US$6.16bn cost of FX headwindsKyriba’s Currency Impact Report (CIR), a comprehensive report detailing the impacts of foreign exchange (FX) exposures among 1,200 multinational companies based in North America and Europe, has revealed negative impact from currency volatility of...read more
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March 27, 2021 NewsThe Morning Ledger: The Big Number$6.61 Billion. The amount of money that companies lost due to negative currency effects in the fourth quarter of 2020, down from $8.90 billion in the prior-year period, according to Kyriba, a software firm.read more
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March 17, 2021 NewsWhen Technology Excellence Drives People and Process ImprovementsHCSC deployed a new treasury workstation and integrated it with the company’s forecasting solution, accounting software, platform for initiating wire and ACH transactions, and investment systems. This first phase of technology transformation resulted in...read more
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March 17, 2021 NewsEffective ways finance can navigate digital transformation post-pandemicAs vaccines become available, organisations expect an economic rebound while continuing their digital transformation journeys such as those in the finance function. How’d the finance function’s journey be different after the pandemic? How should...read more
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March 04, 2021 NewsBest Treasury & Cash Management Providers 2021: Systems & ServicesGlobal Finance’s best TCM suppliers in systems and services are focusing on niches and building more AI into offerings. Kyriba named "Best SaaS Treasury Management Solution" 2021.read more
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March 03, 2021 NewsActivate Your Liquidity to Manage Treasury Challenges in the New NormalThe Kyriba Global Summit explored how financial technologies can support active treasury management, smarter payments, as well as fraud and risk concerns and active working capital management for corporates. Here are the key takeaways...read more
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February 26, 2021 NewsCurrency Impacts: Now and into the FutureReleased last month, Kyriba’s latest “Currency Impact Report” covers Q3/2020 earnings calls of 1,200 organizations that derive at least 15 percent of their revenue from overseas. Its key finding is dramatic. Treasury & Risk...read more
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February 15, 2021 NewsKyriba on Fox Business Network: How Managing Liquidity Is Affecting Company RevenuesWith market volatility on the rise, 100% visibility into company cash and active liquidity is essential for CFOs through the pandemic recovery to protect shareholder value. As Kyriba's Senior Strategist Wolfgang Koester explained to...read more
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February 04, 2021 NewsWorld’s Best Supply Chain Finance Providers 2021Global Finance names the World’s Best Supply Chain Finance Providers for 2021, noting growth and innovation taking place in the long tail of SMEs.read more
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February 04, 2021 NewsIs it Time to Appoint a Chief Liquidity Officer?In the current trading environment, where companies really need to have both acute visibility over their financial assets, and the most effective plans to manage them, we ask if the time has finally come...read more
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January 20, 2021 NewsEuropean corporates bear the brunt of US$9.82bn FX losses“This quarter should be a wake-up call for corporations that haven’t taken the necessary steps to actively manage risks across the enterprise," said Wolfgang Koester, chief evangelist for Kyriba.read more
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January 19, 2021 NewsCurrency hit to North American companies dropped in third quarter: KyribaThe negative impact of currency fluctuations on North American company results fell sharply in 2020's third quarter, reversing an upward trend, according to data from treasury and financial management firm Kyriba released on Tuesday.read more
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January 19, 2021 NewsKyriba’s Currency Impact Report Reveals Total Quarterly FX Losses for Multinational CorporationsIn a stunning turnaround, Kyriba’s Currency Impact Report (CIR), a comprehensive report detailing the impacts of foreign exchange (FX) exposures from the global leader of cloud finance, treasury and IT solutions, revealed European multinational...read more
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January 19, 2021 NewsThe Morning Ledger: More Finance Chiefs Resigned in 2020 Than in Previous YearsThe Big Number: $9.82 Billion : Amount that North American and European companies admitted to losing in the third quarter of 2020 due to currency volatility, according to Kyriba Corp., a corporate-finance software provider.read more
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January 19, 2021 NewsKyriba’s Currency Impact Report Reveals $9.82 Billion in Total Quarterly FX Losses for European and North American Multinational CorporationsFX Impacts on European Companies Increased by 126 percent in Q3 2020; FX Impacts Decreased by 84 percent for North American Companies The U.S. Dollar Led the Euro and Brazilian Real as the Most...read more
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January 18, 2021 NewsKyriba on Bloomberg Daybreak Asia: Trends in Global Currency VolatilityVolatility is expected to increase. Global economic leaders are in turmoil, Holland, Russia, Germany, G10 leaders are unstable, and the U.S. Federal Covid19 stimulus package are clear indicators of more volatility to come. CFOs...read more
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January 12, 2021 NewsReflections on 2020: Two Treasurers Recall the ChallengesUS corporates Arrow Electronics and Cummins Inc explain how they prioritised liquidity, digitisation and looking after their employees in 2020, speaking in a roundtable hosted by ING and in partnership with The Treasury Management...read more
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January 07, 2021 NewsCorporate FX Awards 2021"Given the strains the pandemic has created, day-to-day operations—including cash flow—is commanding more direct involvement from the board, underscoring the need for better FX analysis, said Jean-Luc Robert, Chairman and CEO at Kyriba.read more
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December 28, 2020 NewsKyriba on ERP News: Exclusive Interview with Jean-Luc Robert, CEO of KyribaPinar Sengul, Managing Director of ERP News interviewed Jean-Luc Robert, CEO of Kyriba, at Kyriba Global Summit 2020. Jean-Luc Robert shared his thoughts on ERP cloud migration and bank connectivity, the future of treasury...read more
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December 23, 2020 NewsAnalysis-Investors bet weak dollar will keep risk rally going in 2021Record-low U.S. interest rates, massive financial stimulus and a growing appetite for risk are among the catalysts that contributed to the dollar’s 6% drop against a basket of its peers year-to-date, putting it on...read more
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December 22, 2020 NewsKyriba on TD Ameritrade: Outlook for the U.S. Dollar and Currency VolatilityKyriba Chief Evangelist Wolfgang Koester is interviewed by Nicole Petallides, TD Ameritrade host of “The Watch List with Nicole Petallides”, covering the outlook for the U.S. dollar, currency volatility, the impact on MNCs in...read more
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December 17, 2020 NewsHow Did CIOs Do With Their Business Continuity Plans in 2020?Eric Adams, chief information security officer at Kyriba, said the need to serve customers never stopped. The company’s global client base of more than 2,000 enterprise corporate and financial institutions demanded the ability to...read more
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December 07, 2020 NewsKyriba on Bloomberg Radio: Airbnb’s Currency Exposure Is A Big Red Flag: Koester (Radio)Wolfgang Koester, Senior Strategy Officer at Kyriba, joins Bloomberg Radio hosts Paul Sweeney and Vonnie Quinnon to discuss the weakening US dollar and Airbnb's liquidity challenge. Foreign currency exchange risk impacts impacted North American...read more
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December 03, 2020 NewsSecret CSO: Eric Adams, KyribaWhat is the worst current trend in cybersecurity? "The worst trend so far is relying on a ‘checklist’ to check the box on security controls and then assume the organisation is safe…"read more
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November 20, 2020 NewsKyriba on Fox Business: Ending Federal Loan Programs: Mnuchin Declines Extension, Will Expire Dec 31Kyriba Chief Evangelist Wolfgang Koester joined Maria Bartiromo on 'Mornings with Maria' to discuss the impact of United States Secretary of the Treasury, Steve Mnuchin's, decision to end federal loan programs. "We look at...read more
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November 18, 2020 NewsIntesa Sanpaolo Strengthens Its Supply Chain Finance Program with an Innovative Dynamic Discounting Service Now Available to Businesses Thanks to the Agreement with KyribaLarge buyers with significant excess liquidity can now offer suppliers advanced payment of invoices with a discount on the price that has been previously agreed upon. This new capability opens opportunities to optimize excess...read more
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November 12, 2020 NewsRush to Repatriate FX Shows Dangers of Liquidity OpacityA recent report finds that during the height of the pandemic companies that didn’t have enough visibility of their liquidity were quick to pull their assets out of multiple locations and centralise them in...read more
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November 11, 2020 NewsHow to Survive and Prosper in Today’s Cash and Treasury Management EnvironmentKyriba’s Global Summit – a virtual event truly catering for most global languages (English, French and Japanese, with subtitled broadcasts available in Italian and Spanish) – was impressive: It just worked. Once I’d got...read more
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November 06, 2020 NewsKyriba Virtual Event Showcases Treasury Case StudiesThe Kyriba Global Summit is described as a customised virtual event, where attendees will hear real stories of success and transformation from finance and IT executives on how they are effectively managing through the...read more
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October 30, 2020 NewsIndustry Roundup: 30 October, 2020Kyriba has announced a partnership with Midis Group, a technology organisation comprising some 170 companies across 70 countries in the EMEA region.read more
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October 29, 2020 NewsThe Morning Ledger: Green-Energy Companies Hope for Renewal of Tax Credit, National Plan After ElectionThe Big Number: $14.16 Billion - $14.16 Billion The negative currency impact for North American companies in the second quarter, up from $21.01 billion in the prior-year period, according to a new report from...read more
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October 28, 2020 NewsMultinational Corporations, Thwarted by COVID-19 Crisis and Currency Volatility, Suffer $17.5 Billion in FX Losses, According to Kyriba’s Q2 2020 Currency Impact ReportNegative Currency Impact Is Up 44 Percent in Recent Quarter Impact on European Companies Increased 134 Percent Brazilian Real Shocks Multinationals San Diego, CA - October 28, 2020 The impact of currency volatility soared...read more
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October 28, 2020 NewsKyriba on Bloomberg TV: FX Moves Slammed Companies in 2Q 2020Bloomberg interviews Kyriba Chief Evangelist Wolfgang Koester about the massive shifts in the currency markets, and the more than $17 billion in currency exchange losses in Q2 2020 reported by multinational companies in North...read more
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October 26, 2020 NewsKyriba Chairman and CEO Jean-Luc Robert Honored Among 100 Most Intriguing Entrepreneurs at Goldman Sachs 2020 Builders + Innovators SummitSan Diego, CA - October 26, 2020 Goldman Sachs (NYSE:GS) recognized Kyriba Chairman and CEO Jean-Luc Robert as one of the 100 Most Intriguing Entrepreneurs of 2020 at its Builders + Innovators Summit. Goldman...read more
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October 22, 2020 NewsKyriba’s New CFO Speaks about COVID-19 a, the Cloud and the FutureKyriba's Chief Financial Officer Hamza Benamar, a fintech veteran, speaks to CT about what’s next for the global leader in cloud finance and IT solutions.read more
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October 20, 2020 NewsWhat are the key steps for selecting the right ERP softwareOn pages 28-29 of the magazine ERP News, Steven Otwell, Director of Payments at Kyriba, shares his expert views on what to consider when selecting an ERP.read more
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September 24, 2020 NewsExecutive Appointments Further Kyriba’s Ambitions to Innovate Value for the Modern CFOHamza operationalized a high-growth enterprise for Wolters Kluwer and helped execute a $5.1B acquisition of SunGard by FIS, and Thomas positioned SignalFx as the leader in real-time cloud performance monitoring, which culminated in a...read more
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September 22, 2020 NewsKyriba on TD Ameritrade: How Currency Trends Impact the Overall MarketKyriba Chief Evangelist Wolfgang Koester is interviewed by Nicole Petallides, TD Ameritrade host of “The Watch List with Nicole Petallides”, to address how the market is being impacted by currency trends. CFOs and senior...read more
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September 08, 2020 NewsCompanies Brace for Profit Hit From Euro RallyCompanies with more than $250 million in earnings typically deal in 40 currencies with more than 200 cross currencies, said Wolfgang Koester, senior strategist at Kyriba, a financial software company.read more
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September 01, 2020 NewsHow CXOs are reconfiguring budgets in the new normal of increased remote workBusiness continuity plans at Kyriba were tested by the working-from-home (WFH) environment. Eric Adams, CISO of Kyriba, said, "Our team had a good and accurate understanding of the potential demand for secure interfaces to...read more
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August 31, 2020 NewsKyriba CEO Jean-Luc Robert Named in Top 50 SaaS CEOs of 2020Recognized for SaaS Leadership for the Second Consecutive Year SAN DIEGO – August 31, 2020 Kyriba, the global leader in cloud treasury and finance solutions, announced today that its Chief Executive Officer and Chairman,...read more
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August 19, 2020 NewsTurning to Kyriba for Payments Helped One Treasury Centralize OperationsOne member of NeuGroup’s Global Cash and Banking Group recently shared the benefits of using Kyriba as a payment factory that handles about 85% of his company’s treasury payments. The advantages boil down to...read more
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August 13, 2020 NewsKyriba on Yahoo! Finance ~ Dollar volatility is ‘going to stay for a while’: strategistThe coronavirus pandemic and the ongoing stimulus talks have driven the value of the dollar down to recent lows. Yahoo Finance’s Brian Sozzi and Alexis Christoforous break down the details and discuss what this...read more
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August 03, 2020 NewsKyriba on Bloomberg TV: One Volatile GreenbackKyriba Senior Strategist and Chief Evangelist interviewed on Bloomberg TV to discuss how currency volatility is impacting multinational corporations. US corporations gain from a weaker dollar overseas in a budget war. Hear why Koester...read more
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July 28, 2020 NewsCurrency Hit to North American Companies’ Results Rises to $10.8 BillionThe negative impact of currency fluctuations on North American companies’ first-quarter results rose from the preceding quarter but was well below its year-ago level.read more
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July 28, 2020 NewsJump in Negative Currency Impact on EarningsToday Kyriba released its Q1/2020 “Currency Impact Report.” This latest iteration of the quarterly report is the first to reflect the effects of the Covid-19 economic crisis.read more
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July 28, 2020 NewsCurrency Volatility Costs Companies Nearly $12B in FX Losses, Concludes Kyriba’s Q1 2020 Currency Impact ReportAccording to Wolfgang Koester, Chief Evangelist at Kyriba, "payments fraud risk is also a significant challenge to corporate governance and balance sheets, and will only increase under the current economic climate."read more
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July 28, 2020 NewsKyriba on Fox Business Network: Wolfgang’s Weak Dollar Picks and PansKyriba senior strategy officer Wolfgang Koester and Prosper Trading Academy Scott Bauer explain how a weakened dollar can be an asset for certain stocks because it helps some U.S.-based companies price their exports more...read more
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July 28, 2020 NewsCurrency Volatility Costs Companies Nearly $12B in FX Losses, Concludes Kyriba’s Q1 2020 Currency Impact ReportNegative Currency Impacts Up 37 Percent in Quarter Despite Global Economic Contraction Brazilian Real Shocks Multinationals as Currency War Causes Unexpected Moves Impact on European Companies Up 58 Percent Kyriba’s Global Finance Solutions Leader...read more
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July 01, 2020 NewsKeeping Employees Top-of-Mind | Jon Nguyen, CFO, KyribaHaving last year surpassed the milestone of $100 million in annual recurring revenue, technology company Kyriba entered 2020 prepared to open a new growth chapter—one that is expected to include both organic growth as...read more
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July 01, 2020 NewsAs The Pandemic Roars, CFOs Reveal Their Economic Scar TissueIn many ways, the economic ups and downs of the past two decades have played something of a supporting role in the careers of chief financial officers, who frequently enter office with at least...read more
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June 23, 2020 NewsGlobal Finance Magazine Names Kyriba 2020’s Most Innovative Fintech Company in North AmericaKyriba’s Payments Network Listed as Most Innovative Payments Solution in 2020 Network Connects Systems, Applications and Data; Accelerates ERP Migration, Reduces Fraud with Machine Learning, Improves Corporate Financial Performance SAN DIEGO – June 22,...read more
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June 16, 2020 NewsIndustry roundup: 16 June – Kyriba expands footprint with Midis Group partnershipKyriba has announced a partnership with Midis Group, a technology organisation comprising some 170 companies across 70 countries in the EMEA region.read more
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June 15, 2020 NewsCash StressBanks and governments are trying to provide enough financial support to avoid economic collapse, but some businesses won’t make it.read more
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June 15, 2020 NewsKyriba Expands Footprint in Middle East, Central Europe and Africa with Midis Group PartnershipKyriba Expands Footprint in Middle East, Central Europe and Africa with Midis Group Partnership Brings Needed International Finance, Cash & Liquidity and Payments Solutions to Emerging Markets Expands and Enhances Localized Services and Support...read more
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June 12, 2020 NewsThe Innovators 2020: PaymentsPayments automation, paired with machine learning, provides an additional level of detection, says Kyriba, by scanning a company’s payment history and screening for unusual payment behaviors. Payments Network is part of Kyriba’s active liquidity...read more
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June 12, 2020 NewsThe Innovators 2020: North America"Any company should always have lines of credit ready to be filled in the not-so-good times,” says Wolfgang Koester, senior strategist at Kyriba, a leading treasury-management software provider and our 2020 Most Innovative Fintech...read more
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June 12, 2020 NewsKyriba on Fox Business Network: Volatility Slams Market with Fears of a Surge in COVID-19 InfectionsWatch Fox Business Network "Mornings with Maria" to get deeper insights into why investors are looking at the way companies manage their liquidity. Hear from Senior Strategist at Kyriba Wolfgang Koester, Wall Street Senior...read more
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May 28, 2020 NewsA Treasurer’s Survival Guide: Covid-19 and BeyondWith the coronavirus pandemic impacting economies, businesses and individuals, TMI asks what treasurers can do to help their organisation weather the storm. In this no-nonsense guide, we take a pragmatic look at best practice...read more
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May 28, 2020 NewsWeakening of Foreign Currencies Opens Up Hedging OptionsWeak currencies and market fluctuations prompt some CFOs to re-evaluate currency exposure. Now, companies are seeing a hedging opportunity as several currencies have weakened against the U.S. dollar over the past few months. Added...read more
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May 28, 2020 NewsCurrency Volatility Is a Headache for Companies Reducing Reliance on ChinaMoving supply chains means handling more volatile FX: Investec. Virus hit accentuated trend spurred by U.S-China tariff wars. Executives looking to cut their reliance on China as tensions with the U.S. ramp up have...read more
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April 29, 2020 NewsKyriba on Fox Business Network: What Companies are Good at Watching Liquidity?Kyriba senior strategy officer Wolfgang Koester, RNC Genter Capital Management CEO Dan Genter and Mondrian Investment Partners CEO and Group CIO Clive Gillmore say the tech and health care sectors are doing well amid...read more
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April 24, 2020 NewsFX Impacts Expected to Grow SubstantiallyFX trading enters a volatile period as central bank turn on the financial spigot and uncertainty over how lockdowns will end.read more
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April 09, 2020 NewsForeign-Exchange Losses Expected to Increase in First QuarterCompanies’ foreign exchange losses are forecast to increase in the first quarter of 2020, according to Wolfgang Koester, senior strategy officer at Kyriba Corp., a treasury management company tracking these losses.read more
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April 09, 2020 NewsThe Calm Before The Currency Storm: Global Headwinds Cost Companies nearly $9B in FX Losses in Latest Quarter, According to New Kyriba ReportThe Company Warns CFOs and Treasurers to Better Prepare for Increase in FX Impacts and Fraud Risk SAN DIEGO – April 9, 2020 – Currency volatility was responsible for significant impacts on the revenues of...read more
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April 01, 2020 NewsKyriba on Ameritrade: The Global Economy Shift from a Trade to Budget WarWolfgang Koester, Kyriba's Chief Evangelist, talks on TD Ameritrade Network about the current global economy shifting from a trade war to a budget war. He shares the importance of companies having daily visibility to...read more
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April 01, 2020 NewsKyriba Announces Free Access to Enhanced Support and Targeted Training for ClientsSAN DIEGO – April 1, 2020 – Kyriba, the global leader in cloud treasury and finance solutions, today announced it is offering enhanced support and targeted training at no additional charge during the COVID-19 pandemic...read more
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March 27, 2020 NewsWall Street Braces for Dollar Demand to Spike at Quarter-EndCash hoarding, ‘horrible’ data to keep greenback demand intact.read more
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March 24, 2020 NewsCIOs Share Business Continuity Plans Amid COVID-19 PandemicEric Adams, chief information security officer at Kyriba, said ensuring the continuity of operations is operationally effective after his CEO activated the company’s Business Continuity Plan (BCP) to work remote is naturally top of...read more
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March 17, 2020 NewsKyriba’s COVID-19 Pledge to Clients and PartnersLETTER FROM Kyriba CEO- Jean-Luc Robert Dear Finance Leader, We are experiencing unprecedented health and market conditions driven by the realities of a new pandemic virus, COVID-19. Our pledge to you and your global...read more
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March 07, 2020 NewsCTMcast – 5 March 2020: Review of key recent posts and Coronavirus crisisTopics discussed in this podcast include a Spike in 2019 SWIFT traffic, and How to manage the impact of COVID-19/Coronavirus crisis.read more
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March 06, 2020 NewsFX Risks Growing as Volatility Hits MarketsWhen speaking to The Global Treasurer during Kyriba Live in Las Vegas, Andrew Gage, VP FX Risk Management said that for treasurers based in the US, uncertainty looms with concerns over the spread of...read more
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March 03, 2020 NewsPayments Industry Applies Lessons of Brexit to Coronavirus CrisisThe virus has resulted in corporate treasuries building cash reserves, partly as a liquidity hedge and partly because having higher cash reserves protects against stock market selloffs, said Bob Stark, senior strategies at Kyriba,...read more
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March 03, 2020 NewsNew AI Skillset Required as Treasurers Look to Future“As AI becomes more important and more pervasive, there’s going to be a need for a new skillset for the treasurer. Being able to look under the hood, so to speak, and understand what...read more
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February 27, 2020 NewsKyriba on 13 Action News: Keeping Your Personal Data SafeKTNV - Las Vegas ABC affiliate interviewed Kyriba's Chief Information Security Officer Eric Adams during the 2020 Kyriba Live Treasury & Finance Summit in Las Vegas about the importance of data security. Watch this...read more
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February 25, 2020 NewsFX Topping Treasury Concerns“Big events are happening. Whether they’re events they we know about, like Brexit, or coronavirus, which is more surprising, last minute and emergency-oriented event,” said Bob Stark, Vice President of Strategy at Kyriba, speaking...read more
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February 24, 2020 NewsNew Corporate Payment Tricks For Old RailsThis week, Kyriba announced the debut of the Kyriba Payments Network, a solution designed for treasurers and CFOs to unify and streamline their payments activity in an effort to mitigate the risk of fraud.read more
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February 21, 2020 NewsKing Dollar Rules the FX Heap as Virus Threatens Global GrowthA powerful surge in the dollar threatens to magnify the pain for companies and nations already struggling with the economic fallout of the coronavirus.read more
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February 19, 2020 NewsUnicorn News: Kyriba Unveils Payment Network That Fights FraudCIOs [chief information officers] are challenged with finding ways to accelerate ERP [enterprise resource planning] projects and reduce payments transformation costs against a larger backdrop of increasing payments fraud and keeping up with market...read more
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February 19, 2020 NewsKyriba Launches Payments Network for Global CFOs“Kyriba simplified bank connectivity and centralized payments processes during a significant treasury and finance transformation project,” said Janice Minter, Senior Treasury Analyst at Amway.read more
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February 19, 2020 NewsKyriba Payments Network Tackles CFO MandateGlobal cloud treasury and finance firm Kyriba has introduced the Kyriba Payments Network to deal with the developing chief financial officer (CFO) mandate to streamline payments and fight payments fraud.read more
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February 19, 2020 NewsKyriba Launches Payments Network for Global CFOsDelivers Machine Learning Fraud Detection and Finance Controls Accelerates ERP Cloud Migrations Streamlines Global Bank Connectivity with Pre-Built Payments Formats SAN DIEGO, FEBRUARY 19, 2019, Kyriba, the global leader in cloud treasury and finance...read more
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January 28, 2020 NewsKyriba Live 2020 Global Conference Series to Unite Financial Pioneers and InfluencersCFO and Treasury-Focused Gathering Starts in Las Vegas, February 24-26, to Introduce New Technologies and Ideas to Accelerate Business Performance San Diego – January 28, 2020 – Kyriba, a cloud-based finance software network for...read more
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January 24, 2020 NewsWorld Economic Forum: Kyriba’s Wolfgang Koester on Day 4 at DavosDay 4 recap at the World Economic Forum from Kyriba Chief Evangelist Wolfgang Koester: Here at Davos we looked at sustainability, monetary systems, crypto-currencies, electronic currencies, and what is important to you. All of...read more
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January 23, 2020 NewsWorld Economic Forum: Kyriba’s Wolfgang Koester on Day 3 at DavosDay 3 recap at the World Economic Forum from Kyriba Chief Evangelist Wolfgang Koester: There's a major shift in the understanding of monetary systems. What were referred to as e-currencies are being seriously considered...read more
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January 23, 2020 NewsWorld Economic Forum: Kyriba’s Wolfgang Koester on Day 2 at DavosDay 2 of Davos brings discussions of economic stimulus, an outlook on sustainability and more. Hear Chief Evangelist, Wolfgang Koester's recap of day 2 at the World Economic Forum in Davos, Switzerland.read more
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January 23, 2020 NewsWorld Economic Forum: Kyriba’s Wolfgang Koester on Sustainability & FinanceKyriba's Chief Evangelist Wolfgang Koester is reporting on sustainability and finance from Davos, Switzerland. Wolfgang is at the World Economic Forum to hear from and talk to global finance leaders about the impacts of...read more
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January 22, 2020 NewsAI Adoption: Key Advantages for TreasuryA key limitation of robotic process automation (RPA) is that it is not actually “intelligent.” RPA does what it is told. Artificial intelligence (AI), in contrast, uses machine learning so that it can essentially...read more
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January 21, 2020 NewsGlobal Headwinds Cost North American Companies More Than $11 Billion in FX Losses in Latest Quarter, According to New Kyriba ReportCurrency volatility was responsible for significant impacts on the revenues of U.S.-listed multinational corporations, costing them more than $11.5 billion in Q3 2019, according to the new Kyriba Currency Impact Report (CIR), a comprehensive...read more
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January 21, 2020 NewsGlobal Headwinds Cost North American Companies More Than $11 Billion in FX Losses in Latest Quarter, According to New Kyriba ReportExtended Streak of Intense Currency Volatility Has Cost Companies $100 Billion in Last Five Quarters San Diego – January 21, 2020 – Currency volatility was responsible for significant impacts on the revenues of U.S.-listed multinational...read more
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January 17, 2020 NewsKyriba on CNBC: Kyriba’s Koester: “A strong Yuan is actually good for the US”Wolfgang Koester, senior strategy officer at Kyriba, talks the performance of currency markets amid US-China trade headlines on CNBC's "Trade Turmoil".read more
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January 14, 2020 NewsKyriba Reports Major Chinese Clients Go Live in Past 12 MonthsRecent Development in Kyriba Infrastructure, Sales and Marketing Talent Expands Opportunity for New Business in China; Demand for Financial Risk Management Drives New Growth for Kyriba SHANGHAI, JANUARY 14, 2020 - Kyriba, the global...read more
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January 01, 2020 NewsLeveraging Technology to Climb Treasury MountainsGaining global insight into and control over treasury operations is a pipe dream for many treasurers. But two of Kyriba’s clients – Royal FrieslandCampina and Ingersoll Rand – have leveraged the vendor’s cloud offering...read more
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December 30, 2019 NewsKyriba on Fox Business Network: Wolfgang Koester Discusses US Dollar and Other Currencies and the Outlook for 2020read more
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December 27, 2019 NewsWhat are treasury management services?A deep dive into outsourcing treasury management services and points to be considered while selecting treasury management service providers. In today’s business world, the outsourcing of treasury functions is an increasing trend. Whether it...read more
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December 12, 2019 NewsPayments fraud – can AI help win the war?As cyber-criminals use ever-more sophisticated methods to defraud businesses, treasurers may feel that they are fighting a losing battle. But could artificial intelligence (AI) be coming to the rescue?read more
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December 11, 2019 NewsPractical Approaches to Strengthening CybersecurityAt AFP 2019, Stacy Rosenthal, senior vice president and head of payments product for Santander and Bob Stark, vice president of strategy for Kyriba, joined the AFP Conversations podcast to discuss practical approaches to...read more
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December 10, 2019 NewsKyriba on Yahoo Finance: Stocks Flat as Investors Digest Trade Developmentsread more
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December 05, 2019 NewsKyriba and Scientist.com Improve Funding of Scientific Research through SciPay™Kyriba Supply Chain Finance Technology Helps Scientist.com Make Early Payment Options Available to All R&D Suppliers DECEMBER 5, 2019 – SAN DIEGO, Kyriba, the global leader in cloud treasury and finance solutions, today announced...read more
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December 05, 2019 NewsKyriba on Ameritade: Currency War Impact on Stocksread more
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December 05, 2019 NewsKyriba on Fox Business Network: A Volatile Currency Market in the Wake of Brexit & the Trade WarKyriba's resident currency expert appeared Fox Business 'The Claman Countdown' to discuss how investors should be looking at companies when it comes to a looming, hard Brexit and how a few "winning" companies are...read more
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December 05, 2019 NewsKyriba on Fox Business Network: Trade War Winners and Losers“Mornings with Maria” on Fox Business Network interviewed Wolfgang Koester, Senior Strategist for Kyriba, to learn more about the winners and losers of the US-China trade war. Koester was joined by Benchmark managing partner...read more
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November 25, 2019 NewsKyriba Announces New Client Growth in APAC Has Doubled in Past 12 MonthsMultinationals Like Isuzu Motors Adopt Kyriba’s Treasury & Liquidity Management Solution to Support International Growth Objectives November 25, 2019 – SINGAPORE Kyriba, the global leader in cloud treasury and finance solutions, today announced increased...read more
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November 23, 2019 NewsArtificial Intelligence: AI in Treasury ManagementAI and ML have incredible potential for cash management and forecasting, particularly when reconciling prior day bank files with yesterday’s expected cash position. “This is one of the first cash management processes performed each...read more
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November 19, 2019 NewsFinding the Value in Disruptive TechnologyMuch of the talk at AFP 2019 was around digital disruption and how technologies like artificial intelligence (AI) and robotic process automation (RPA) are gradually infiltrating the corporate treasury and finance world. But one...read more
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November 13, 2019 NewsStreamlining Payments with Smart ContractsEnergy producers typically get paid more than 30 days after supplying electricity, and once it is used there’s nothing to go back and repossess. That risk has required producers to seek letters of credit...read more
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October 31, 2019 NewsManaging Foreign Exchange Amidst Continued Geopolitical UncertaintyForeign exchange (FX) volatility is a recurring problem affecting many multinational organizations. Unexpected, volatile movements in currency valuations can negatively impact the earnings of unsuspecting, and under-hedged, companies. And in the aftermath, treasury teams...read more
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October 31, 2019 NewsTechnology Is Time: The Case for FX AutomationSome companies implemented this technology in the recent past, while others will do so soon—as well as to the technology’s most valuable benefit: gaining more time for treasury staff to focus on other tasks.read more
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October 25, 2019 NewsWolfgang Koester on Mornings with MariaKyriba chief evangelist Wolfgang Koester discussed Amazon’s growth and strong corporate governance on Fox Business Network's Mornings with Maria.read more
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October 23, 2019 NewsCurrency volatility caused by trade wars and Brexit costing companies billionsKyriba's Currency Impact Report (CIR) shows that global headwinds cost North American and European companies $22.5bn in FX losses in Q2 2019, taking the total above $44bn for the year. The combination of the...read more
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October 23, 2019 NewsTreasury technology “approaching its watershed moment”At the recent AFP Conference in Boston, The Global Treasurer spoke to Martha Beard, Managing Director at J.P. Morgan to find out why treasury technology is reaching its watershed moment - and what this...read more
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October 21, 2019 NewsCurrency risks? U.S. corporates yawnAs the third-quarter earnings season gets underway investors should brace for U.S. companies to report sizeable negative impacts due to the stronger U.S. dollar, analysts warned. For those North American companies that quantify the...read more
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October 21, 2019 NewsExchange Rates Deal $22.56 Billion Blow to Companies’ EarningsUncertainty around tariff tensions, Britain’s exit from the European Union and the state of the global economy is expected to drive foreign currency-related losses at North American and European companies in the coming months,...read more
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October 17, 2019 NewsCurrency hit to North American companies’ results stays above $20 billionThe negative effect of currency fluctuations on North American companies’ second-quarter results eased slightly from the preceding quarter but remained at a historically elevated level, according to data from treasury and financial management firm...read more
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October 17, 2019 NewsWolfgang Koester: Brexit agreement reduces global uncertainty, helps US-recorded on CNBCWolfgang Koester, senior strategy officer at Kyriba talks the United Kingdom's Brexit agreement with the European Union.read more
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October 17, 2019 NewsGlobal Headwinds Cost North American Companies $21 Billion in FX Losses in Latest Quarter According to New Kyriba ReportForeign exchange losses cost companies more than $44 billion in 2019 OCTOBER 17, 2019 – SAN DIEGO – Global currency swings were responsible for deep cuts into the revenues of U.S.-listed multinational corporations, costing...read more
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October 10, 2019 NewsKyriba Honored as Best-In-Class Treasury Management Vendor by Aite GroupAite Matrix Evaluation Report Explores Major Trends, Key Players in Treasury Management OCTOBER 10, 2019 – SAN DIEGO, Kyriba, the global leader in cloud treasury and finance solutions, today announced the company’s recognition as...read more
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October 03, 2019 NewsLeaked transcripts: Facebook’s Zuckerberg anticipated Libra’s rocky start in JulyKyriba’s Chief Evangelist, Wolfgang Koester talked to anchor Akiko Fujita on Yahoo! Finance -The Ticker. At .37 in the video playback, Wolfgang points out that governments will create their own currencies - faster payments...read more
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October 02, 2019 NewsU.S. Should Develop Its Own Digital Currency, Kyriba SaysWolfgang Koester, senior strategy officer at Kyriba, discusses how the volatility in currency markets are affecting global businesses.read more
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October 01, 2019 NewsKyriba Hires EY Exec as Chief Client Officer“It’s a critical time for digital transformation in the finance organization. CFOs and treasury leaders are looking for innovation to help them unlock idle cash and reach growth targets while mitigating risk of loss...read more
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October 01, 2019 NewsKyriba Appoints Paul Bramwell as New Chief Client OfficerKyriba Taps EY Treasury Executive to Lead Client Interactions Amidst Strong Global Growth OCTOBER 1, 2019 – SAN DIEGO, Kyriba, the global leader in cloud treasury and finance solutions, today announced the appointment of...read more
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September 27, 2019 NewsWall Street Week Ahead: Data will show damage of tariffs, strong dollar on U.S. goods exportersIt’s no longer a probability, it’s a reality: the escalating U.S.-China trade war and the strengthening dollar appear to be inflicting measurable damage on U.S. goods makers that rely on global markets.read more
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September 16, 2019 NewsCompanies Need a Chief Liquidity OfficerAccording to Chairman and CEO of Kyriba Jean-Luc Robert; The risk-and-reward formula for a company’s financial health has changed. Economies of scale are global, and even regional economies have massively expanded. The ability to...read more
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September 10, 2019 NewsBringing the deal home: treasury’s vital role in M&A successIn a globalised world where value-creation counts, M&A deals are big news. Opportunities abound yet they are potentially complex and resource-intensive, with no guarantee of success. “The biggest test in this respect is whether...read more
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September 02, 2019 NewsTUHF Leverages Kyriba for Mission-Critical Debt ManagementWe chose Kyriba for its secure, cloud-based cash management solution and flexibility to integrate with our existing IT infrastructure,” explains TUHF Chief Financial Officer Ilona Roodt.read more
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August 15, 2019 NewsChina vows to retaliate against new US tariffsKyriba Senior Strategy Officer Wolfgang Koester argues winners of the China trade war will be companies that diversify their supply chain resources.read more
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August 15, 2019 NewsChanging It Up: Key Benefits of Greater TMS FunctionalityTreasurers are always looking for ways to refine cash forecasting; that’s why every year at the AFP annual conference, there are multiple sessions on the topic. “It’s not typically a technology issue; the technology...read more
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July 26, 2019 NewsWhat’s the deal with the U.S. dollar?From presidential tweets to corporate earnings reports, the U.S. dollar has been getting a lot of mentions recently. “I think that there’s two things to really be highlighted in the last few quarters that look...read more
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July 26, 2019 NewsFX trading in London hits record highForeign exchange trading volumes in London achieved a new record in April, rising 12% since October 2018 to book an average of $2.858 trillion worth of trades a day and solidifying the City’s position as...read more
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July 26, 2019 NewsBoJo and Trade – What are Business Leaders saying?Boris Johnson has now formally accepted the Queen’s invitation to form a government. TFG heard from leaders in trade, treasury, export and finance. “The pressure is on for the new Prime Minister to successfully...read more
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July 26, 2019 NewsCurrency Volatility Hits Corporate EarningsTrade tensions, Brexit uncertainty and geopolitical events in the Middle East and elsewhere are driving a sharp increase in currency value losses at corporations and are having a major impact on earnings. In the...read more
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July 17, 2019 NewsKyriba on CNBC: Why this Expert Expects a lot more VolatilityWolfgang Koester, senior strategy officer at Kyriba, joins “Squawk on the Street” to discuss volatility in the market, the strength of the dollar and more.read more
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July 17, 2019 NewsKyriba, the first French-American Fintech unicornSUCCÈS L'écosystème fintech français est foisonnant mais peine à faire émerger des entreprises valorisées plus d'un milliard. A l'exception de Kyriba, une américaine aux liens très étroits avec la France. SUCCESS: The French Fintech...read more
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July 17, 2019 NewsManaging Treasury Through a SpinIn this latest treasurer interview, we talk to Mike Cassidy, Treasury Director at Wyndham Destinations, about how he’s navigating his treasury team through a spin and restructure – and how technology fits in with...read more
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July 17, 2019 NewsNaval Group uses Swift’s GPI for cross-border payments via KyribaNaval, a client of cloud treasury and finance software provider Kyriba, is using the GPI system for corporations and combining it with Kyriba's payment solutions.read more
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July 17, 2019 NewsWhy Treasury Teams Miss Out on Key TMS FunctionalityMany treasury professionals miss out on a lot of the functionality that their treasury systems offer because they tend to have a narrow focus during implementation. Typically, a treasury department will invest in a...read more
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July 17, 2019 NewsMarket volatility widens FX losses for North American companiesOngoing market volatility caused by Brexit, trade wars, and other supply chain disruptions resulted in US$23.39 billion in foreign exchange (FX) losses for publicly traded North American companies over the first quarter of 2019,...read more
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July 17, 2019 NewsThe Morning Ledger: CFO Retirements Climb as Good Times Roll OnForeign Exchange Losses at North American, European Firms Rise. Public companies in North America booked $23.39 billion in foreign-exchange losses during the first quarter due to ongoing market volatility, a report by cash management...read more
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July 17, 2019 NewsIt is the Business of the Future to be DangerousTreasury Today features Kyriba VP of Strategy Bob Stark along with a banker and a treasurer to discuss when and why to introduce new technology to future proof your treasury.read more
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July 17, 2019 NewsSan Diego biotech bounces back — and tech climbs higher — in second-quarter venture capitalKyriba named among San Diego VC deals increasing by 20 percent in 2019. Read the full story here.read more
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July 15, 2019 NewsGlobal Headwinds Drive $23 Billion in Cumulative FX Losses for North American Companies, According to New Kyriba ReportForeign exchange losses increase for fourth consecutive quarter for public companies that are not adequately protecting against currency exposures JULY 16, 2019 – SAN DIEGO –Ongoing market volatility stemming from Brexit, trade wars, and...read more
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June 26, 2019 NewsKyriba Client Naval Group Goes Live with SWIFT gpi for CorporatesNaval Group Executes First Cross-Border Payment Through SWIFT’s Early Adopter Program June 27, 2019 (SAN DIEGO) – Kyriba, the global leader in cloud treasury and finance solutions, today announced that one of its clients,...read more
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June 07, 2019 NewsAs Fraudsters Target Corporate Cash, CIOs Demand Grows for Payment HubsToday, many CFOs alongside CIOs are implementing payment hubs to protect corporate cash through better payment controls. While inefficient payment processes inhibit supply chains, cash flow and profitability, they also create a ripe opportunity for fraudsters. Payment hubs have emerged as the preferred solution of many treasury...read more
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June 07, 2019 NewsJPMorgan, Kyriba turn to open development for real-time corporate paymentsCloud-based treasury software provider Kyriba is partnering with JPMorgan Chase to launch a real-time payments API integration for its mutual corporate finance clients. San Diego-based Kyriba says it is the first treasury management platform...read more
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June 07, 2019 NewsHow Trek Bicycles enhanced its global operations while mitigating payment fraudAt this year’s Kyriba Live event in Las Vegas, Jennifer Tomaloff, International Treasury Manager at Trek Bicycle Corporation, shared her thoughts on how the rapidly growing global organization mitigated payment fraud by implementing a...read more
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June 07, 2019 NewsBusiness Report: Watch Out, Netflix! Apple Dives Into World Of StreamingSan Diego Gets Another Unicorn A unicorn is a privately held startup company valued at more than $1 billion. San Diego-based Kyriba is set to become the city’s latest unicorn thanks to a $160 million investment....read more
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June 07, 2019 NewsUnnecessary currency value losses soar in US organisations“The impact of North American headwinds represents the most significant currency hit to top-line revenue in the last 12 quarters,” said Wolfgang Koester, Kyriba’s chief evangelist. “As this is the second quarter in a...read more
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June 07, 2019 NewsThe Daily Shot: Labor Costs Show no Sign of Wage-Driven Inflationary PressuresHow much of concern is the rising dollar? Some firms have already been negatively impacted in the second half of last year.read more
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June 07, 2019 NewsLogistics Scores Another Unicorn For B2B StartupsThe $160 million investment in corporate treasury firm Kyriba means private equity firm Bridgepoint will secure a majority stake in the firm. According to a press release, the investment values Kyriba at $1.2 billion, and will be...read more
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June 07, 2019 NewsKyriba Loops Treasurers Into Real-Time PaymentsTreasury management technology firm Kyriba is connecting its corporate clients to real-time payments via a JPMorgan API. In a press release issued this week, Kyriba said joint customers of Kyriba and JPMorgan will have access to real-time payments...read more
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June 07, 2019 NewsCorporate currency hedging slows as FX volatility slumpsThe striking calm in foreign exchange markets in recent months has led some U.S. multinational companies to scale back on guarding against currency gyrations, potentially leaving them vulnerable if volatility rebounds from near five-year...read more
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June 07, 2019 NewsTreasury needs to evolve now to reap the rewards of digitalFinancial organizations, and treasurers in particular, need to embrace digital treasury if they are to tackle the ever-competitive and uncertain environment. At the treasury led finance transformation debate at Kyriba Live 2019 in Las Vegas,...read more
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June 07, 2019 NewsKyriba and J.P. Morgan Partner for Real-Time PaymentsKyriba and J.P. Morgan are partnering to offer real-time payment capabilities to the treasury cloud and finance provider’s clients.read more
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June 07, 2019 NewsKyriba ties up API link with JP Morgan for domestic paymentsAfter announcing a global partnership with Citi in February, Kyriba’s cloud treasury platform is enhancing its API link with yet another heavyweight in the US banking sector.read more
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June 07, 2019 NewsHow APIs Are Being Used at Citi, BBVA and Other BanksFor most of computing history, “application programming interface” has been a term used only by geeks to describe a mechanism by which applications integrate with one another. But in the past few years, APIs...read more
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June 07, 2019 NewsKyriba is first treasury platform to offer corporates RTP through JP MorganSan Diego-based cloud treasury and finance solution provider Kyriba can now offer real-time payments (RTP) to joint corporate clients through JP Morgan’s API, reports Jane Connolly. Kyriba clients that are also JP Morgan clients...read more
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June 07, 2019 NewsThis $1.2 billion San Diego fintech unicorn backed by Bridgepoint says its new payments partnership with JPMorgan is a ‘game-changer’"CFOs are predominantly concerned about access to cash and asset protection in the form of interest rates and FX hedging, alongside compliance and security, and we can offer that," said Kyriba's CEO Jean-Luc Robert,...read more
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June 07, 2019 NewsCentralizing Payments Across 100 Markets Around the WorldAs the company deployed the new ERP system, treasury rolled out a Kyriba treasury management system and undertook a bank rationalization project that ultimately reduced the company’s payment banks by about 50 percent. The...read more
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June 07, 2019 NewsCalmer FX markets sees fewer US multinationals hedgeRelatively calm conditions in the foreign exchange markets over recent months and the robust performance of the US dollar have persuaded some American multinationals to scale back their hedging activities for guarding against currency...read more
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June 06, 2019 NewsCFOs Can Avoid Significant Currency Losses Using Kyriba’s Advanced FX Management SolutionJune 6, 2019 (SAN DIEGO, CA) – Kyriba, the global leader in cloud treasury and finance solutions, today announced that its FX management technology has been proven to help its publicly traded clients manage earnings per...read more
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June 06, 2019 NewsA strong dollar is weighing on earnings, report saysMultinational companies based in North America reported a collective $20.8 billion currency value loss in the fourth quarter of 2018. That’s according to a new report from Kyriba on currency losses quantified during quarterly...read more
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June 06, 2019 NewsKyriba Finishes an Eventful 1Q19 with Funding and Acquisition AnnouncementsThis event follows a very eventful 1Q19 for Kyriba in terms of M&A activity, growth, and the company's user event, Kyriba Live.read more
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June 06, 2019 NewsKyriba Keeps TRM Humming With New Funding, FiREapps AcquisitionThe rise of Kyriba validates the upside potential of the Cloud applications market, especially for nimble players that can outrun their competition.read more
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June 06, 2019 NewsPayments & fraud keeping CFOs awake at nightThe Kyriba sponsored AFP 2018 Payments Fraud Survey showed that 70% of respondents are much more worried about fraud than a year ago. Their concerns are shown by their responses to the question of...read more
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June 06, 2019 NewsPrivate Equity Firm Closes Acquisition of Kyriba with $160M InvestmentPrivate equity firm Bridgepoint Capital closed on its planned acquisition of San Diego financial software firm Kyriba on April 11. The firm’s $160 million investment round gave it a majority stake in the company,...read more
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June 06, 2019 News10 Cloud Computing-Related Firms That Raised Funding In The Past MonthThese 10 cloud-related companies all secured investments ranging from $1.5 million to $160 million in the last month to help spur their growth.read more
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May 22, 2019 NewsKyriba Launches Real-Time Payments Integration through J.P. Morgan APIKyriba is the First Treasury Platform to Offer Real-time Payments through J.P. Morgan to Corporate Clients May 22, 2019 (SAN DIEGO, CA) – Kyriba, the global leader in cloud treasury and finance solutions, today...read more
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April 30, 2019 NewsNew Kyriba Report Reveals North American Companies Hit Hard by Unnecessary Currency Value LossesGeopolitical events and dollar strength drive $20.84 billion in aggregated foreign exchange impacts on earnings May 1, 2019 (SAN DIEGO, CA) – Reaching levels not seen since 2015, publicly traded North American companies reported...read more
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April 16, 2019 NewsKyriba Empowers CFOs to Better Manage Growing Foreign Exchange Losses with Closing of FiREapps AcquisitionVisibility and Validation of Currency Impacts on Earnings Per Share Can Save CFOs Billions SAN DIEGO – April 17, 2019 — Kyriba, the global leader in cloud treasury and finance solutions, today announced that it...read more
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April 11, 2019 NewsKyriba Closes $160 Million Growth Round Led by Bridgepoint to Fuel Enterprise Platform Innovation and Global ExpansionApril 11, 2019 (SAN DIEGO, CA) — Kyriba, the global leader in cloud treasury and finance solutions, today announced that it has closed a $160 million growth investment round led by Bridgepoint, an international private equity...read more
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April 03, 2019 NewsBenefits & ROI of a Treasury Management SystemAccurately identifying the benefits of treasury management systems has grown complicated—more difficult, in many cases, than determining the ROI on other types of information systems— due to evolving IT capabilities at banks, ongoing advances...read more
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April 03, 2019 NewsKyriba Aims for Global Expansion with Bridgepoint-led Growth RoundFinancial software provider Kyriba is in talks with private equity firm Bridgepoint for a US$160mn investment round as it seeks to boost its product offering and expand around the world. Kyriba is a cloud treasury...read more
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April 03, 2019 NewsAll Aboard? Trade & Supply ChainA smooth supplier onboarding process can play an important part in determining the success of a supply chain finance programme. Where are the possible pitfalls, how can these be avoided – and how do...read more
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April 01, 2019 NewsSpoilt for Choice: Making Sense of Cash Flow Forecasting Options in 2019There’s an almost overwhelming variety of cash flow forecasting solutions on the market, and some will be better suited to your needs than others. Nash Riggins explores what you should you bear in mind...read more
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April 01, 2019 NewsSix Bold Treasury Predictions for 2019With 2019 shaping up to be a year of continued disruption across treasury, Bob Stark, VP of strategy at Kyriba, looks at six areas – from interest rates and APIs to robotics and blockchain...read more
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April 01, 2019 NewsKyriba, WorldFirst ink cross-border payments partnershipFinancial management and cloud treasury solutions provider Kyriba has tapped WorldFirst to streamline its payment processes. Under the agreement, WorldFirst technology will be deployed directly into the Kyriba platform. The collaboration is said to accelerate the way...read more
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April 01, 2019 NewsConnectivity – the essential lifeblood of corporate treasuryThe recent AFP guide to “Best practices in treasury connectivity”, underwritten by Kyriba, is for corporate treasury departments. It is a useful starting point for corporate treasury departments. Bob Stark, VP as Kyriba, believes that,...read more
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April 01, 2019 NewsKyriba Nets $160 Million Investment, Pushing Software Firm’s Valuation Above $1 BillionSan Diego fintech software firm Kyriba expects to soon complete a $160 million funding round as part of a capital restructuring that values the company at $1.2 billion. With the new funding round, Kyriba...read more
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April 01, 2019 NewsNouvelle licorne franco-américaine, Kyriba lève 160 millions de dollars (New Franco-American Unicorn, Kyriba Raises $ 160 Million)La startup de gestion de trésorerie dans le cloud est valorisée 1,2 milliard de dollars par ce tour de table mené par le fonds Bridgepoint qui deviendra majoritaire. Bpifrance sort du capital, Iris reste...read more
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April 01, 2019 NewsBridgepoint in Talks to Invest $160 mln in KyribaKyriba said March 27 that it is in advanced talks with Bridgepoint to invest $160 million. Bridgepoint, a U.K. private equity firm, would have a majority stake in Kyriba, which would be valued at $1.2 billion. Kyriba,...read more
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April 01, 2019 NewsBridgepoint Leads $160m Growth Round for US Fintech KyribaGlobal buyout house Bridgepoint has led a $160m growth round for Kyriba, giving the US-based fintech business a $1.2bn valuation.read more
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April 01, 2019 NewsLa nouvelle licorne française de la Fintech s’appelle Kyriba (The New French Unicorn of Fintech is Named Kyriba)La pépite de la gestion de trésorerie passe sous le contrôle de Bridgepoint et son management pour 1,2 milliard de dollars. Quelques jours seulement après la mainmise de BlackRock sur eFront pour 1,3 milliard. (The nugget...read more
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April 01, 2019 NewsKyriba to Get $160M in Majority Stake Sale to Private Equity Firm“We’re addressing a problem that has been around for a while, but maybe wasn’t given the full, 100 percent attention of companies and CFOs, because the treasury function has historically been seen, perhaps, as...read more
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April 01, 2019 NewsEnhancing Treasury Through Digital TransformationHow can digital treasury transformation deliver benefits to an organization and help treasurers deal with the changing financial landscape? We share some of the thoughts from the Q&A session at Kyriba Live 2019 on...read more
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April 01, 2019 News17 Ways Treasury Can Improve the CFO RelationshipAt the recent Kyriba Live 2019 event in Las Vegas, a panel discussion aimed to address this issue by discussing what CFOs expect of treasury and how treasury can become trusted advisors to CFOs....read more
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April 01, 2019 NewsTreasury Needs to ‘Keep Up in the Digital Skills Race’Speaking at Kyriba Live 2019, Jim Kaitz, President & CEO, Association of Finance Professionals urges treasurers to embrace new digital skills if they are to achieve the goal of treasury-led finance transformation.read more
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April 01, 2019 NewsKyriba Links Treasurers to Citi Accounts via APICorporate treasury and cash management solutions provider Kyriba is linking its business users to faster payments functionality through a new collaboration with Citi. Kyriba noted that its global connectivity hub, which connects treasurers to those financial...read more
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April 01, 2019 NewsKyriba Joins Citi for Faster Payments Via API Integration"APIs represent the next generation of bank connectivity and offer robust advantages over traditional file transfer technologies,” [said] Kyriba’s Bob Stark, VP of strategy. "We are excited to provide this new API integration with...read more
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April 01, 2019 NewsU.S. Fintech Kyriba and Citi Partner to Launch New API IntegrationU.S. fintech startup Kyriba Corp. announced on Tuesday it has formed a partnership with Citi to launch a new API integration that gives clients access to faster payments, more transparency and better standardization in more than...read more
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April 01, 2019 NewsKyriba Moves HQ Back to San DiegoFinancial software company Kyriba Corp. is moving its headquarters back to San Diego. The company has its roots in America’s Finest City; It was founded in 2000 by CEO Jean-Luc Robert. It offers a...read more
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April 01, 2019 NewsFintech Firm Kyriba Brings Corporate Headquarters Back to San Diego, Hits $110 Million in RevenueKyriba makes cloud-based financial management software that helps large companies manage their cash in far-flung global bank accounts. It expects to move into a new, 50,000-square-foot corporate office in June that will more than...read more
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April 01, 2019 NewsCurrency Volatility Drags on EarningsNorth American businesses faced stiff currency headwinds during the third quarter of last year as geopolitical uncertainty prompted foreign-exchange volatility, according to an analysis of the earnings calls of 1,200 companies. The total dollar...read more
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April 01, 2019 NewsKyriba Acquires Currency Management Vendor FiREappsU.S. fintech firm Kyriba announced it agreed to buy enterprise currency management provider FiREapps. The deal creates a solution for managing global foreign exchange (FX) risk, with data gathering and consolidation, reporting, and analytics.read more
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April 01, 2019 NewsFortune Term Sheet – March 28Kyriba, a San Diego, Calif.-based treasury management technology firm, is in advanced talks to raise $160 million from Bridgepoint. The deal would value Kyriba at $1.2 billion.read more
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April 01, 2019 NewsBrian Sommer’s Month in Brief – January 2019Kyriba, a solid cloud treasury management solution, is acquiring FiREapps. This brings a foreign exchange (FX) risk technology to Kyriba’s product mix. I like this deal. According to the announcement: “The agreement will combine...read more
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April 01, 2019 NewsKyriba Purchases FIREapps to Create New Solution for Global FX RiskKyriba has had a meteoric rise over the last decade, investing heavily (raising over over $100M) and now has over 2000 clients and 65,000 users in 100 countries. It recently announced it is on...read more
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April 01, 2019 NewsInterest rates: Part Four of Our In-depth Focus on the Six Bold Treasury Predictions for 2019At the end of 2018, Kyriba VP Bob Stark walked The Global Treasurer through six key treasury areas in which he was expecting profound changes to occur over the course of 2019. In this...read more
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April 01, 2019 NewsKyriba to Acquire FiREappsTreasury management system vendor Kyriba announced this morning that it has reached an agreement to acquire currency risk management software provider FiREapps.read more
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April 01, 2019 NewsAPIs: Part Two of Our In-depth Focus on the Six Bold Treasury Predictions for 2019At the end of 2018, Kyriba VP Bob Stark walked The Global Treasurer through six key treasury areas in which he was expecting profound changes to occur over the course of 2019. In this...read more
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April 01, 2019 NewsBusiness groups raise no-deal fears after government routThe UK’s leading business groups, including the CBI, ABI and UK Finance have registered concerns that the possibility of the economy being imperilled by having to trade on World Trade Organisation terms may have...read more
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April 01, 2019 NewsPayments Update: Stable Digital Currency; Card Merchants; InstantsPayment hubs are being promoted by TMS providers as a way to improve efficiency and reduce fraud, for example, Kyriba’s 15-minute Guide to Payment Hubs summarises the arguments:read more
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March 28, 2019 NewsThe Value of a TMS Platform in Transforming TreasuryThis article was originally published on www.treasuryandrisk.com Adopting a treasury system to streamline, standardize and automate treasury processes can add tremendous value to organizations. Yet treasurers are constantly challenged by minimal budgets to support...read more
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March 27, 2019 NewsKyriba Announces Planned $160M Growth Round Led by BridgepointNew capital will be used to fuel further product innovation, enhance customer support and expand open partner ecosystem March 27, 2019 (SAN DIEGO, CA) – Kyriba, the global leader in cloud treasury and finance solutions,...read more
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February 25, 2019 NewsKyriba and Citi Announce New API Integration to Enable Faster PaymentsFebruary 26, 2019 – SAN DIEGO, Kyriba, the global leader in cloud treasury and finance solutions, today announced a new API integration with Citi that gives Kyriba clients access to faster payments, more transparency and better...read more
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February 06, 2019 NewsKyriba Surpasses $110M in Revenue in 2018, Anticipates 40% Growth This YearProduct Innovation, Expanded Leadership Team and Open Ecosystem Fuels Global Growth San Diego, Feb. 7, 2019 – Kyriba, the global leader in cloud treasury and finance solutions, today announced it surpassed $110M in revenue...read more
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January 30, 2019 NewsKyriba Announces Agenda, Headliners for Kyriba Live Treasury & Finance Summit, March 4-8 in Las VegasBest-Selling Author and Futurist Daniel Burrus Will Join Experts from AFP, The Hackett Group, a Leading Analyst Firm and Major Global Brands to Discuss Keys to Digital Transformation New York, Jan. 31, 2019 —...read more
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January 23, 2019 NewsKyriba Purchases FiREapps to Create Most Robust End-to-End Solution for Helping CFOs and Treasury Executives Better Manage Global FX RiskThe inability to easily manage wild currency fluctuations costs global corporations at least $39B during the first half of 2018, highlighting the need for a single-vendor solution. New York, Jan. 23, 2019 — Kyriba,...read more
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December 03, 2018 NewsThree Minimum Security Requirements Finance Leaders Should Expect from FinTech PartnersDespite the proliferation and rapid adoption of financial technology solutions by global organisations from all industries, solution providers should not escape scrutiny in one key area: security. Read 3 minimum security requirements any vendor...read more
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December 03, 2018 NewsTreasurers Understand-But Aren’t Living Up To-Rising CFO ExpectationsTreasurers and chief financial officers may both have their sights set on corporate coffers, but their roles are not one and the same. Still, collaboration is increasingly important between the treasurer and CFO, as...read more
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December 03, 2018 NewsMaking Treasury Even More IntelligentToday's businesses do not look or act like the leading firms of even a decade ago. These companies evolve faster thanks to innovations in fintech that provide performance-based analyses and intelligent processes. Companies are...read more
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December 03, 2018 NewsPayments at a Price: The True Cost of In-House Bank ConnectivityWhile technological advances are improving the global payments landscape in many respects, organizations relying on internal IT and in-house connectivity solutions are missing the opportunity to modernize payment strategies, increase value and reduce payment...read more
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December 03, 2018 NewsCFOs: Treasurers Need to Get Their Facts RightAccording to a new survey of CFOs from Kyriba, treasurers need to offer more accurate information and be more in touch with the rest of the business if they are to become more strategic....read more
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December 03, 2018 NewsKyriba Debuts New Business Intelligence Solution for CFOsKyriba, which makes cloud treasury and financial management solutions, has released Business Intelligence (BI), a new software module fully integrated with its existing financial management platform.read more
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December 03, 2018 NewsData Visualisation Service for Finance Specialists Launched by KyribaRead how Kyriba's new Business Intelligence module helps finance executives manage the threat of ‘data overload’.read more
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December 03, 2018 NewsUS CFOs Admit That They Are Not Prioritising Treasury ManagementA CFO Research Services survey - in conjunction with their sponsor Kyriba - of 150 senior financial executives in the USA found that treasury can be more strategic in key areas.read more
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December 03, 2018 NewsThe Fintech 250: The Top Fintech Startups Of 2018Kyriba named among the top Fintech 250 for the second year in a row.read more
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November 30, 2018 NewsKyriba Continues to Expand its #1 Global Solutions Ecosystem with New WorldFirst PartnershipNew FX Integration Will Enable Kyriba Clients to Streamline Cross-Border Payments and Increase Transparency to Help Reduce Anxiety over Hidden Fees NEW YORK, December 3, 2018 – Kyriba, the #1 provider of cloud treasury and financial...read more
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November 04, 2018 NewsKyriba Launches New Business Intelligence Solution to Arm CFOs and Treasurers with Strategic, Actionable InsightsIn a New Era of Information Overload, Kyriba Business Intelligence Transforms Mountains of Financial Data into Visual Dashboards to Help Executives Make Smarter Global Business Decisions Chicago, Nov. 5, 2018 — Kyriba, the #1 provider...read more
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October 30, 2018 NewsCFOs Identify Three Key Areas Where Treasurers Need to Be More StrategicRisk Management, Cash Management and Working Capital Optimization Cited as Key Areas for Improvement, According to New CFO Publishing Survey NEW YORK, Oct. 31, 2018 — Kyriba, the #1 provider of cloud treasury and financial management...read more
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October 22, 2018 NewsKyriba Named to the 2018 CB Insights Fintech 250 List of Fastest-Growing Fintech StartupsKyriba Honored for Innovation in Cloud-Based Treasury and Finance Management NEW YORK, Oct. 23, 2018 -- CB Insights today named Kyriba, the #1 provider of cloud treasury and financial management solutions, to the second annual Fintech...read more
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October 09, 2018 NewsBusiness Continuity Planning: 4 Tips for TreasurersA recent Treasury in Practice Guide, underwritten by Kyriba, provides tips on how treasury departments can implement successful business continuity plans, so that the next time disaster strikes, you’ll be ready.read more
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October 09, 2018 NewsImplications of Brexit for corporate treasury in the UKTreasury functions will play a key role in enabling companies to weather the Brexit storm, says Greg Person, VP of Sales, UK & Ireland at treasury solutions provider Kyriba.read more
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September 27, 2018 NewsDigital Transformation at NH Hotel Group: Checking in to the Future of TreasuryThis article was originally published on TMI.com. Spanish-based hotel group, NH Hotel Group, was operating a manual, decentralised treasury structure, which was hampering cash visibility and control. Here, Luis Martínez Jurado, SVP Financing &...read more
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September 24, 2018 NewsKyriba Clients Take Major EuroFinance AwardsWorld-Class Teams and Secure Cloud Technology Propel Innovation in Global Treasury GENEVA, Sept. 25, 2018 — Kyriba, the #1 global provider of cloud treasury and financial management solutions, today announced that two of its clients have...read more
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September 19, 2018 NewsWhy Does Treasury Care About Lease Accounting?TMI features news from Kyriba's VP of Strategy Bob Stark about the challenges facing treasurers who are not prepared for IFRS 16 lease accounting compliance. Adoption of lease accounting standards such as IFRS 16 is...read more
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September 18, 2018 NewsKyriba Sees Rapid Expansion in APAC with Addition of Grab, Danone and Other MultinationalsGlobal FinTech Leader Counts More Than 100 Clients in Asia Pacific including Japan SINGAPORE, Sept. 19, 2018 — Kyriba, the #1 global provider of cloud treasury and financial management solutions, today announced that Grab, Southeast Asia’s leading...read more
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September 14, 2018 NewsKyriba releases new lease accounting softwareKyriba, which makes cloud treasury and financial management software, has released a new lease accounting solution. The tool centralizes all corporate leases and offers consolidation of lease data, auditable workflows and automated calculations.read more
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September 14, 2018 NewsKyriba simplifies lease accounting for CFOsKyriba has launched a lease accounting module for its treasury management platform, offering centralised lease tracking and providing improved risk mitigation for financial executives. According to the firm, a provider of cloud solutions for...read more
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September 14, 2018 NewsKyriba launches centralised tracking technology for corporate leases as IFRS 16 deadline loomsKyriba, a global provider of cloud treasury and financial management services, has launched a new lease accounting solution with centralised tracking of all corporate leases. Read why this is important for treasurers, according to...read more
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September 14, 2018 NewsKyriba deals out more cash to the channelKyriba, the cloud financial management solutions provider, says it is giving millions of dollars more to the channel in major markets and selling exclusively through it in other countries.read more
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September 10, 2018 NewsKyriba Launches New Lease Accounting Solution to Help CFOs Simplify Compliance with Global RegulationsCloud Leader Becomes First Treasury Management Vendor to Offer Integrated Lease Accounting Functionality to Accelerate Compliance with International Standards Such as IFRS 16 LONDON, September 11, 2018 — Kyriba, the #1 global provider of cloud treasury...read more
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September 06, 2018 NewsThe Future of Real-Time Global PaymentsRead Bob Stark's, VP of Strategy at Kyriba, newest thought leadership on the future of payments in Treasury & Risk. Real-time payments are coming.read more
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August 31, 2018 NewsIn an age of inflation, managing working capital is kingLow inflation and interest rates have led to lax management of working capital, but as commodity prices rise some belts may tighten and affect actors across the supply chain.read more
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August 31, 2018 NewsPSD2: Real-time processing? Not so fastIndustry experts observe that while the revised Payment Services Directive (PSD2) represents an opportunity for corporate treasury to take advantage of real-time payment processing, it will take some time for the full benefits to...read more
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August 31, 2018 NewsNYU Moves from Excel to a Treasury System to Improve EfficiencyRead how the treasury department at New York University decided to move from Excel to a TMS in an AFP article with Tim Hesler, CTP, assistant treasurer, global banking, cash management and treasury operations.read more
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August 28, 2018 NewsKyriba CEO Jean-Luc Robert Named a 2018 Top 50 SaaS CEONEW YORK, August 29, 2018 — Kyriba, the #1 cloud treasury and financial management platform, today announced that Kyriba CEO Jean-Luc Robert has been named a 2018 Top 50 SaaS CEO by The SaaS Report...read more
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July 26, 2018 NewsAdam Smith Awards : Sri Lanka’s Sean De Silva felicitatedSean De Silva awarded for best in its class treasury solution Middle East at the Adam Smith Awards 2018. Sean’s work resulted in the Government of Sharjah embracing HSBC’s digital transaction banking solutions with Kyriba, a...read more
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July 25, 2018 NewsTreasury Teams Wasting Almost 5,000 Hours Per Year on SpreadsheetsGlobal treasury teams are wasting an average of 4,812 hours per year using traditional spreadsheets to manage their cash, payments and accounting operations, according to a new survey from Kyriba of treasury professionals at...read more
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July 25, 2018 NewsFintech Software Outfit Kyriba on Track to Hit $100 Million Revenue MilestoneFintech software firm Kyriba said this week that sales have increased by 48 percent during the first half of this year – putting the company on pace to reach $100 million in revenue by...read more
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July 25, 2018 NewsFinance Execs Find Digital Transformation Harder Than They ThoughtThe latest research adds new chapters to this story, highlighting the continuing struggles of technological adoption while, at the same time, showcasing the progress the enterprise has made.read more
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July 24, 2018 NewsExcel Fingered as Biggest Time-waster for Global Treasury OpsGlobal treasury teams are wasting an average of 4,812 hours per year using traditional spreadsheets to manage their cash, payments and accounting operations, according to a new Kyriba survey of 100 plus major brands...read more
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July 24, 2018 NewsHow a TMS put Tan Chong’s Treasurer in the Driving SeatGroup treasurer Wan Chun Shong took CT on a spin through the Malaysian auto giant's new Kyriba system at our CTCFO Malaysia event. Here's what we learned.read more
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July 24, 2018 NewsTreasury Platform Kyriba on Track to Surpass $100m RevenueIncreasing demand from CFOs has led to revenue growth for cloud-based treasury and risk management platform Kyriba. “Continuing to manage the critical operations of the finance and treasury department through antiquated technologies such as spreadsheets or on-premise...read more
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July 24, 2018 NewsTreasurers Wasting Thousands Of Hours On Spreadsheet Cash ManagementCorporate treasurers in the U.S. and Europe are wasting thousands of hours a year relying on manual spreadsheets to manage cash, according to a new survey from Kyriba. The company said in its official blog that...read more
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July 24, 2018 News3 Questions with Jean-Luc Robert of KyribaFinTekNews interviews Jean-Luc Robert, chairman and CEO of Kyriba, a leading provider of cloud treasury and financial management solutions. Read his forecast for the company, innovations in the next five years for fintech and...read more
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July 24, 2018 NewsAround the World in 15 PlatformsFinbarr Bermingham speaks to Kyriba and some of the world’s primary invoice financing platforms to provide a guide to those operating in the space.read more
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July 24, 2018 NewsChoose Wisely: Selecting the Right Treasury SystemThe latest Treasury in Practice Guide, underwritten by Kyriba, explores the ins and outs of selecting a TMS. Treasury professionals share their stories about selecting new systems, and provide best practices about the RFP process,...read more
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July 23, 2018 NewsKyriba Announces 48% First-Half Bookings Growth, Now on Track to Surpass $100 Million in Revenue in 2018NEW YORK, July 24, 2018 — Kyriba, the #1 cloud treasury and financial management platform, today announced that it grew year-over-year sales bookings by 48 percent during the first half of the year, benefiting from...read more
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July 02, 2018 NewsKyriba, to Guarantee the Financial Security of the CompanyEdi Poloniato, global head of working capital solutions at Kyriba, reviews Kyriba's positioning as a pioneer in offering a SaaS solution in the field of financial management.read more
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June 28, 2018 NewsHow Pimkie Paid Faster: French Fashion Label Supports SuppliersSCF Briefing, the global source for news and analysis of the supply chain finance sector, features a massive story about how the Kyriba client, Pimkie, a French fast fashion label for women gains working...read more
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June 28, 2018 NewsBlackRock and Kyriba Announce Strategic Partnership to Help Optimize Liquidity PerformanceBlackrock, Inc. and Kyriba announce a strategic partnership to help optimize liquidity performance.read more
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June 28, 2018 NewsBurn those spreadsheets – and 4 other ways that treasurers can help their CFOs sleep betterYou really don’t need those spreadsheets anymore. In fact, not only do you not need them, by continuing to use them as a primary treasury solution, you are exposing your organization to serious risk,...read more
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June 28, 2018 NewsEvaluating a New TMS: Four Key Questions a CTO Needs to AskFor most treasury and finance professionals, the demands of their CTO is quite unknown. This article uncovers the top questions a CTO would ask when evaluating a TMS so treasury and finance professionals will...read more
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June 28, 2018 NewsFor Improving Financials, Putting Big Data Into Context Is KeyPYMNTS.com features Kyriba's 2014 survey on corporate treasurers in article on improving financials and putting big data into context.read more
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June 28, 2018 NewsCFO Agenda: A day to rememberVice President of Kyriba, Gregory Person, CFOs and senior finance professionals, representing a wide cross section of sectors, provided world-class demonstrations of how to achieve excellence in all facets of the finance function. Primary to...read more
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June 28, 2018 NewsBreakThrough Preview: Where is Treasury Technology Going?AFP recently spoke to Bob Stark, vice president of strategy for Kyriba, who will provide a look at the latest technology trends impacting the treasury landscape, as well as give expert insights on some...read more
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June 28, 2018 NewsTreasury Management System Implementation: A Worthwhile ChallengeTreasury and Risk features Kyriba in article on how companies are increasingly seeing the benefits of treasury management systems, but adopting the technology has its pitfalls. These best practices and advice from Bob Stark...read more
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June 28, 2018 NewsFinovate Global: Fintech News from Around the WorldFinovate Global, leader in showcasing cutting-edge banking and financial technology, announces Kyriba's plans to boost investment in Latin America and help CFOs and treasurers modernize cash, risk, payments and working capital optimization.read more
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June 28, 2018 NewsFintech Startup Kyriba Increases Investments in Latin America to Accelerate Global GrowthCrowdfund Insider, the leading news and information web site covering the emerging global industry of disruptive finance, announces that Kyriba is increasing its investment in Latin America to help CFOs and treasurers modernize key...read more
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June 28, 2018 NewsVC-backed Kyriba appoints Canale as Latin America GMThe PE Hub Network, a highly regarded brand serving the private capital industry, announces that Kyriba has named Axel Canale as the new general manager for Latin America.read more
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June 28, 2018 NewsAA-ISP Announces 2018 Inside Sales Award WinnersAA-ISP (The Global Inside Sales Association), recognized leading Inside Sales professionals, organizations, and service providers during the Awards Gala at the 10th Annual Leadership Summit on April 4th.read more
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June 28, 2018 NewsFinesse, Kyriba collaborate to enhance visibility and controls for Corporate ClientsFinesse announced a strategic channel sales partnership with Kyriba. The partnership will give Finesse’s more than 200 corporate clients access to Kyriba’s enterprise suite, enabling greater financial controls and decision support as part of...read more
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June 28, 2018 NewsFinesse adds Kyriba cloud treasury management to portfolioFinesse has signed a partnership with Kyriba to bring the latter’s cloud treasury and financial management solutions to the region.read more
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May 31, 2018 NewsKyriba Announces Final Agenda for Kyriba Live! UK 2018Auchan, Spotify, Kodak Alaris, Ernst & Young, SWIFT and Other Industry Leaders to Present at the 3rd Annual Northern European Client and Partner Conference LONDON, May 31, 2018 — Kyriba, the #1 provider of cloud treasury and...read more
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May 14, 2018 NewsKyriba Acelera la Estrategia de Crecimiento Global, y Expande la Inversión en el Ecosistema de Partners para América LatinaKyriba designa nuevo Gerente General para dirigir el despliegue acelerado de su Plataforma SaaS en nube, basado en socios de negocio, en mercados clave en México, América Central y América del Sur NUEVA YORK,...read more
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May 14, 2018 NewsKyriba Accelerates Global Growth Strategy, Expands Partner Investment in Latin AmericaKyriba Appoints New General Manager to Oversee Rapid, Partner-Aided Rollout of Cloud-Based Platform in Key Markets in Mexico, Central and South America. NEW YORK, May 14, 2018 — Kyriba, the #1 provider of cloud treasury and...read more
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April 23, 2018 NewsKyriba to Demonstrate Leading Cloud-based Finance Solutions at SuiteWorld 2018Company will also host breakout session with Deloitte where attendees will help drive donations from Kyriba to one of three non-profits LAS VEGAS, April 23, 2018 — Kyriba, the #1 provider of cloud-based finance solutions,...read more
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April 17, 2018 NewsKyriba Announces Record 70 Percent Growth in Bookings for Q1 2018Company’s Biggest Quarter Ever Driven By Strong Enterprise Momentum and Elevated Demand for Improving Liquidity Performance and Working Capital Management NEW YORK, April 18, 2018 — Kyriba, the #1 provider of cloud treasury and financial management...read more
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March 05, 2018 NewsBlackRock, Inc. and Kyriba Announce a Strategic Partnership to Help Optimize Liquidity PerformanceTechnology integration enables faster execution of cash investments for CFOs and Treasurers based on accurate, real-time visibility into global cash positions NEW YORK, March 6, 2018 – Kyriba, the #1 global provider of cloud treasury and financial management...read more
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February 27, 2018 News5 Massive Business Risks in 2018Global CFOs and treasurers must be prepared to mitigate their company’s exposures in these key areas over the next year. Read Greg Person's article featured in Treasury & Risk.read more
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February 27, 2018 NewsThe Equifax Breach Is a Wake-Up Call for CorporatesReuters reported that Consumer Financial Protection Bureau (CFPB) Acting Director Mick Mulvaney is scaling back his agency’s probe of Equifax, despite the fact that the recent breach of the credit reporting agency compromised more than 143 million...read more
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February 27, 2018 NewsEditor’s picks | Is 2018 the year blockchain sees mass adoption in financial services?It has been no secret that banks are thoroughly testing blockchain applications and some have even begun to apply the technology to key business ventures. However, while most would agree that innovation is pivotal...read more
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February 27, 2018 NewsThe Evolution of Treasury Management SystemsThere’s no getting away from the fact that cash forecasting is a vital, core functionality for treasury operations. No organisation, regardless of their size and sector, can afford to lose sight of their cash and...read more
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February 27, 2018 News20 of Marc Benioff’s Best Startup InvestmentsMarc Benioff is best known for founding Salesforce, but he's also invested in dozens of startups and established companies, which could give you an idea on what types of businesses to watch.read more
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February 27, 2018 NewsTaxes on Their MindsFor corporate treasury, the current landscape is all about taxes and repatriation and all the nitty-gritty in-between. Transition tax, anyone?read more
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February 21, 2018 NewsKyriba Launches Unprecedented Partner Opportunity for 2018 Following Record Growth YearCloud Leader Expands Partner ‘Hard Deck’ to 1 Billion (local currency equivalent) for North America, United Kingdom, France and Japan; Will Sell Exclusively Through Partners Across the Rest of the Globe NEW YORK, February...read more
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February 02, 2018 NewsKyriba Client A. Schulman Wins TMI’s Corporate Innovation Award for 2018International Plastics Supplier Builds a ‘Smart Treasury’ Using Kyriba’s Enterprise Platform LONDON, February 5, 2018 – Kyriba, the #1 global provider of cloud treasury and financial management solutions, today announced that its client A. Schulman has won Treasury...read more
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January 30, 2018 NewsEl sector regtech: los cinco factores que explican su elevado potencialRegtech es un término acuñado –recientemente- para clasificar a un conjunto de empresas que usan nuevas tecnologías para ayudar a las grandes firmas con los requisitos de regulación. Las tecnologías que utilizan para agilizar los procesos son a...read more
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January 30, 2018 News15 startups françaises à suivre en 2018 — et les défis qu’elles doivent releverBusiness Insider France a choisi de vous présenter 15 entreprises françaises qui ont levé au moins 30 millions d'euros en 2017 et de vous donner les raisons pour lesquelles il faudra les surveiller de près...read more
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January 30, 2018 NewsKyriba partners with DNBKyriba, the cloud treasury and financial management solutions firm, has teamed up with Norway’s DNB to improve the financial services group’s offering to its corporate clients. (subscription required)read more
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January 30, 2018 NewsDNB selects Kyriba for cloud-hosted treasury systemsRead why Den Norske Bank (DNB), the largest financial services group in Norway, has signed a deal with cloud treasury and financial management firm Kyriba.read more
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January 30, 2018 NewsCash Repatriation: The Bar is Now SetApple's announcement to repatriate $350B in cash has set the bar for CFOs. Read why this move will validate repatriation of cash and add unforseen pressure to senior finance leaders, including treasury.read more
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January 30, 2018 News20 of Marc Benioff’s Interesting Startup InvestmentsKyriba listed among the top 20 most successful investments of Marc Benioff, CEO and founder of multibillion-dollar industry leader--Salesforce.read more
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January 24, 2018 NewsDNB Partners with Kyriba to Enhance Future Banking Needs of its Corporate ClientsPSD2 and Open Banking Opens the Door for New Opportunities in Payments and Cash Management LONDON, January 25, 2018 – Kyriba, the #1 global provider of cloud treasury and financial management solutions, today announced a strategic channel sales...read more
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January 18, 2018 NewsAdam Smith Awards Asia 2017 winnersKyriba congratulates client BW Maritime - Jessica Cheung, winner of the Best Cash Management Solution Adam Smith Award; and Grab Taxi - Melvin Yu, who was also Highly Commended in the One to Watch category. Congratulations to all...read more
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January 16, 2018 NewsKyriba Achieves 32 Percent Increase in Subscription Fees for 2017Record Year Highlighted by Recognition as a Category Leader by IDC MarketScape, Strong Growth in North America, and 230 New Customer Logos NEW YORK, January 17, 2018 – Kyriba, the #1 global provider of cloud treasury and financial...read more
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January 05, 2018 NewsTreasurers Must Keep Eyes Peeled for FraudHow to protect your organization against cyberthreats. iTreasurer features recommendations from Kyriba's Bob Stark, VP Strategy, in this article.read more
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January 05, 2018 NewsLeveraging Technology to Become a ‘Smart Treasury’Nicolas Tusseau, Global In-House Bank Manager, A. Schulman writes how his team leveraged Kyriba technology to create a 'smart treasury'.read more
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January 02, 2018 NewsKyriba Recognized as a Leader in IDC MarketScape for Worldwide Treasury and Risk Management ApplicationsIDC MarketScape Evaluates Vendors by Capabilities and Strategies, and Offers Software Selection Support NEW YORK-PARIS-LONDON, January 3, 2018 – Kyriba, the #1 global provider of cloud treasury and financial management solutions, today announced it has been named as...read more
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December 20, 2017 NewsTeam with the CISO to Keep Treasury Data SecureAn effective treasury information security policy must support the company’s overall objectives in four areas: application security, data security, payment controls, and payment screening.read more
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December 20, 2017 News8 predictions for treasury in 2018Read Kyriba's insightful predictions for 2018. While there is much to draw from, our predictions focus on the following: Payments fraud, Faster payments, Hedging, Lease accounting,CISO and treasury, Robotics, Tax reform.read more
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December 20, 2017 NewsThe Future of Corporate TreasuryCorporate treasury departments are likely to look much different within even a few years. That’s because a variety of technologies are unfolding that will make treasury functions more efficient, cost effective, and—if possible—leaner still...read more
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December 20, 2017 NewsIn 2018 evolution speeds up as payment fraud declines and Bitcoin hits realityCTM File feature's article from Bob Stark, VP Strategy at Kyriba, bold predictions for 2018. Here's one: Increased number of payment fraud attempts, but less success by cybercriminals meaning actual fraud starts to go...read more
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December 20, 2017 NewsLack of Cross-Pollination Between Corporate Divisions Is Preventing Treasurers’ Insights from Reaching the Ears of Board Members, Says ReportCorporate structures are not helping the strategic advice of treasurers to reach boardrooms through CFOs, a new study warns – with the risk that anti-fraud guidance is potentially slipping through the cracks.read more
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December 20, 2017 NewsWhy CFOs Should Adopt SCF to Meet Cash RequirementsOne reason why treasurers’ role has become more aligned to the CFO’s agenda is a direct result of the treasurer’s ability to unlock value within the organization at a low cost, and drive strategic...read more
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December 20, 2017 NewsCFOs Failing Their Boards In Fraud, Risk ManagementKyriba’s report, “The Six Key Areas Where CFOs Fail to Deliver for the Board of Directors,” examines the relationship between these two key roles in the enterprise at a time when greater pressure and...read more
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December 20, 2017 NewsGetting ready for real-time paymentsGT News features a full length article from Bob Stark, VP Strategy at Kyriba, about the current initiatives that are driving innovations in real-time payments.read more
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December 20, 2017 NewsHow to avoid disruption during TMS implementationGT News interviews Kyriba for tips and tricks to avoid business disruption during treasury management solution implementation.read more
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December 20, 2017 NewsMeeting Directors’ Demands for InformationCFO Magazine explores why CFOs are failing to deliver mission-critical information and decision-support data to their boards of directors.read more
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November 20, 2017 NewsKyriba Signs Kuwait Food Company as Demand Surges for Enhanced Cash Visibility in the Middle EastSenior finance leaders adopt Kyriba’s modern treasury and financial solutions to improve their working capital DUBAI, November 21, 2017 – Kyriba, the #1 global provider of cloud treasury and financial management solutions, today announced that Kuwait...read more
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November 02, 2017 NewsA Clearer VisionHow technology provides treasurers with greater insights into their cash position with a focus on FX related Brexit impacts as published in The Treasurer, the official magazine of the Association of Corporate Treasurersread more
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November 02, 2017 NewsWhat Can Treasury Learn from the Equifax Breach?In this video interview, Bob Stark, Vice President of Strategy for Kyriba, discusses the recent Equifax breach and provides tips for treasury professionals on how their departments can avoid a similar scenario.read more
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November 02, 2017 NewsSelf-Inflicted Pain: 7 truths treasurers won’t accept about spreadsheetsGTNews publishes indepth article from Kyriba that examines why spreadsheets are unsuitable as a treasury management solution.read more
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November 02, 2017 NewsFX RevolutionIn an article titled, "A dynamic approach" focused on the value of supply chain finance programs, FX-MM reporter Paul Golden interviews Bob Stark, VP Strategy at Kyriba, about the merits of collaboration among corporations,...read more
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November 02, 2017 NewsIs Your CFO Failing to Deliver?Cash and Treasury Management File examines Kyriba's new report: "The Six Key Areas where CFOs Fail to Deliver for the Board of Directors"read more
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November 01, 2017 NewsFinancial Leaders Identify Six Key Areas Where CFOs Fail to Deliver for the Board of DirectorsFraud monitoring and mitigation, performance risk management top list in new study from CFO Research SAN DIEGO, November 2, 2017 – Kyriba, the #1 global provider of cloud treasury and financial management solutions, today announced the results of...read more
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October 19, 2017 NewsEquifax Breach: 3 Lessons for Finance ProfessionalsEquifax revealed that it incurred a massive data breach over the summer that compromised more than 143 million people. AFP interview's Kyriba's VP of Strategy, Bob Stark, to determine what treasury can do to prevent...read more
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October 19, 2017 NewsSearch for Treasury Management System: Chat with Cedric Chambault from KyribaTFAGeeks (Treasury, Finance and Accounting Professionals) interviews Kyriba's Cedric Chambault, providing helpful tips when considering new treasury management solution.read more
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October 19, 2017 NewsKyriba Goes After Corporate Payments Fraud In Real TimeRecognizing the threat of cybercrime, PYMNTS reports on Kyriba's industry first innovation: "The Payments Fraud Detection module provides real-time cybersecurity alerts and notifications to users as well as an end-to-end solution for resolution of...read more
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October 19, 2017 NewsReal-time payment fraud detection backstop from KyribaCTMFile, reporting on the increasing rate of fraud loss and Kyriba's new real-time payments fraud detection and prevention, said, "The problem is that fraud is so dynamic that new and different types of fraud...read more
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October 19, 2017 NewsProtecting Shared Service Centers from Fraud ThreatsWhat makes finance shared service centers (SSCs) attractive—a process-driven environment that rewards speed and volume—can create blind spots that fraudsters can exploit. Read how to reduce blindspots and increase protection from fraudsters.read more
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October 19, 2017 NewsTreasury Must Be Proactive as Fraud Threats EscalateTo say that treasury professionals have their hands full with payments fraud might be the understatement of the decade. Read this article for the stats, details and best practices to protect your organization.read more
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October 19, 2017 NewsEligo Bioscience, Afrostream et Wandercraft dans le StartUp Sum’Up 3923 levées de fonds, 8 start-up qui recherchent des associés, 3 rachats et 1 fermeture... Le StartUp Sum'Up, c'est le résumé de l'actualité des start-up françaises et tout pour préparer la semaine à venir.read more
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October 19, 2017 NewsFrench Tech: Kyriba, Wandercraft, Heetch … almost 100 million euros raised this weekFrench Tech : Kyriba, Wandercraft, Heetch... presque 100 millions d'euros levés cette semaineread more
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October 13, 2017 NewsKyriba Announces Industry First Capabilities for Real-Time Payments Fraud DetectionNew Module Empowers CFOs and Financial Professionals to Stop Payments Fraud in its Tracks SAN DIEGO, October 16, 2017 – Kyriba, the #1 provider of cloud treasury and financial management solutions, today announced the launch of a new...read more
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October 03, 2017 NewsAutomated Cash ForecastingModern treasury leaders at EmblemHealth harnessed Kyriba technology to improve efficiency and strategic focus.read more
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September 28, 2017 NewsKyriba raises $45 mlnVenture capital network PE HUB features Kyriba's $45M funding announcement.read more
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September 28, 2017 NewsFortune – BusinessFortune China includes Kyriba's $45 M funding round. Kyriba融资4,500万美元 加州圣地亚哥云出纳与会计管理平台Kyriba,融资4,500万美元。此轮融资由Sumeru Equity Partners领投,法国国营投资银行、Iris Capital、Daher Capital和汇丰银行等参与了投资。read more
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September 28, 2017 NewsFinancial software firm Kyriba raises $45 million in venture capitalIn this article about Kyriba's $45 funding round, Jean-Luc Robert talks about the funding round and the new developments at Kyriba.read more
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September 28, 2017 NewsLa pépite franco-américaine Kyriba lève 45 millions de dollarsFrench media outlet Les Echos says of the new strategic investments, "this new round will allow Kyriba's cash management solutions publisher to have a better base in the United States and expand its product...read more
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September 28, 2017 NewsTerm Sheet — Wednesday, September 27In their daily round-up of venture deals, Fortune reports Kyriba's cloud treasury and financial management platform raised $45 million in funding.read more
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September 28, 2017 NewsSumeru Equity Partners Invests in Kyriba Corp.The Wall Street Journal Venture Pro reports on the details of Kyriba's recent strategic investment led by Sumeru Equity Partners. "Kyle Ryland, a managing partner at Sumeru, said the firm was attracted to Kyriba...read more
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September 27, 2017 NewsSumeru Equity Partners Leads Strategic Investment in KyribaAdditional Funding Enables Kyriba to Accelerate Growth and Strengthen its Market Leadership NEW YORK, September 27, 2017 – Kyriba, the #1 provider of cloud treasury and financial management solutions, today announced that Sumeru Equity Partners (SEP) has led...read more
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September 19, 2017 NewsKyriba Enters into Strategic Alliance with GlobalTrade CorporationAlliance Delivers Comprehensive Solution for International Trade and Treasury Management Singapore/Toronto, September 20, 2017 – Kyriba, the #1 provider of cloud treasury and financial management solutions, and GlobalTrade Corporation (GTC), the leading multi-bank trade finance platform provider, announced...read more
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September 11, 2017 NewsThe Sky’s The Limit For TreasuryTreasury solutions in the cloud offer many benefits, including affordability, flexibility and scalability. The cloud enables greater data analysis, says Kyriba's VP of Strategy, Bob Stark. "There is so much unused data available to treasurers that...read more
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September 11, 2017 NewsIntelligent Treasury, FX-MM Special ReportIn this Special Report from FX-MM, Kyriba is cited for best practices in modernizing treasury solutions. Replacing manual processes alone is not sufficient. To remain effective, treasurers must take full advantage of digital information...read more
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September 05, 2017 NewsAmTrust Selects Kyriba to Enhance Global Cash and Risk Management OperationsNew cloud-based treasury solution to help protect investments and increase audit controls NEW YORK, September 5, 2017 –Kyriba Corp., the global leader in cloud-based treasury, cash and risk management solutions, today announced that AmTrust Financial...read more
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August 25, 2017 NewsInside OpenText’s Treasury TransformationThe treasury team began by implementing a treasury management system (TMS), working with Kyriba. Moving to a TMS allowed treasury to more easily view bank balances, manage and forecast cash, automate payments and access...read more
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August 21, 2017 NewsKyriba Announces World-Class Lineup and Partner Sponsors for Kyriba Live! 2017Spotify, Sempra Energy, Brightstar Corporation, Oracle + NetSuite and Other Industry Leaders to Present at 6th Annual User Conference Combining Education and Valuable Peer Networking NEW YORK, August 22, 2017 –Kyriba Corp., the...read more
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August 17, 2017 NewsKyriba Makes the Inc. 5000 List for the Sixth TimeNamed Among America’s Fastest-Growing Private Companies due to Skyrocketing Sales Growth NEW YORK, August 18, 2017 –Kyriba Corp., the global leader in cloud-based treasury, cash and risk management solutions, today announced that Inc. magazine has...read more
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August 17, 2017 NewsReaping the Gains from Rising Interest RatesTreasury expert Bob Stark, VP Strategy at Kyriba, offers five key factors that corporate treasurers need to consider as central banks around the world look to increase interest rates. For example, "Accepting longer investing horizons,...read more
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August 10, 2017 NewsAPI Advantages: Real-Time Processing & Visibility for TreasuryWill PSD2 open the door to new ways of sending payments? “PSD2 mandates that banks open up their platforms through APIs to payment services providers and account information service providers to be able to...read more
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August 10, 2017 NewsThe Global Leader in Cloud-Based Treasury, Payments, and Working Capital Solutions: KyribaCEO Jean-Luc Robert reveals how Kyriba unlocks value for CFOs in a recent interview with The Silicon Review magazine, where Kyriba was named as one of the "50 Best Companies to Watch 2017".read more
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July 26, 2017 NewsManual Processes Remain Rife, Particularly in Smaller Corporate Treasuries. Approaches to AutomationJust as treasury can benefit from the automation of manual processes outside the department, so other departments can benefit from greater automation inside treasury. At the insurance company EmblemHealth, moving from semi-manual processes and...read more
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July 26, 2017 NewsAmex, IBM Make B2B Finserv A Mixed Bag For Q2Here’s all the financial data you need to know from some of the largest B2B finance and tech businesses, including American Express’ performance in its commercial card segment, and regulatory uncertainty is on the radar...read more
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July 21, 2017 NewsDoes a treasury management system always fit the bill?Cash forecasting is a vital, core functionality for treasury operations. In the 21st century, should treasurers use Excel, business intelligence (BI) tools or a treasury management system (TMS) in carrying out this vital task? According...read more
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July 21, 2017 NewsTMS growth continues: Kyriba and City Financials post record growth in 1H 2017CTMfile reports on the first TMS supplier results for 1H 2017 and asserts that "there has NOT been a downturn contrary to the doom and gloom predicted for the industry." CTMfile highlights Kyriba's rapid...read more
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July 21, 2017 NewsForecasting Quandary: Should Treasurers Use Excel, BI Tools, or a TMS?Citing a common quandary for corporate treasurers who have outgrown Excel as the primary tool to run their operations, Strategic Treasurer interviews Steven Peterson, senior manager of Treasury, Chik-fil-A and Greg Person, VP, global...read more
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July 20, 2017 NewsKyriba Corp. Delivers Record 43 Percent 1H 2017 Sales Growth#1 cloud provider of treasury and finance solutions sees surge in global demand as more companies worldwide seek protection against fraud and market volatility with a cloud-based approach.read more
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July 20, 2017 NewsP2P Technology Round-Up – July 20, 2017Kyriba Corp. Delivers Record H1 2017 Sales Growth: Kyrba Corp., a cloud-based treasury, cash, and risk management solutions company, recently announceda record growth for their first half of 2017. The company charted a 43 percent year-over-year...read more
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July 19, 2017 NewsKyriba Corp. Delivers Record 43 Percent 1H 2017 Sales Growth#1 cloud provider of treasury and finance solutions sees surge in global demand as more companies worldwide seek protection against fraud and market volatility with a cloud-based approach NEW YORK, July 19, 2017 –Kyriba...read more
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June 29, 2017 NewsBob’s guide to treasury management systems: How to avoid disruption during TMS implementationTo prepare for a TMS implementation, [Mathilde Sanson, chief client officer at Kyriba] says, “a treasury team should understand the strategic functions of the organisation that they wish to automate, where in their workflows...read more
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June 29, 2017 NewsWhy Payments Factories Top The CFO’s Wish ListFraud is a fact of life these days – an “unfortunate” one if you ask Bob Stark, vice president of strategy for the cloud treasury solution provider Kyriba. In a digital webinar discussion with PYMNTS...read more
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June 29, 2017 NewsThe Fintech 250Who are the emerging fintech companies that will change the face of financial services? The Fintech 250 identifies and recognizes the 250 most promising, private fintech companies from around the world. Kyriba listed among...read more
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June 29, 2017 NewsKyriba Congratulates OpenText for Winning Adam Smith AwardKyriba Corp., the global leader in cloud-based treasury, cash and risk management solutions, today announced that its client, OpenText, was awarded the HIGHLY COMMENDED WINNER of Treasury Today’s Top Treasury Team Award for Overall Excellence in the 2017 Adam Smith Awards.read more
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June 29, 2017 NewsFinance Indaba 2017: Treasury Technologies gives you the benefit of in-house banking"With Treasury Cloud Technology, the benefits of an in-house bank is within reach of most medium-sized companies and not just available for the select few listed firms," says Rudolf Janse van Rensburg, CEO of Treasury Technologiesread more
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June 29, 2017 NewsA Treasury PerspectiveAt Rockefeller Group, a New York City-based commercial real estate developer, owner and investor, the adoption of a software-as-a-service (SaaS) treasury solution from Kyriba freed the treasury team from the work involved in upgrading...read more
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June 29, 2017 NewsWhy CFOs and CIOs Want Treasury in the CloudHearing that the CIO wants to be in the cloud may seem like a big contrast to what treasurers were told as recently as six or seven years ago. But it is now true....read more
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June 23, 2017 NewsKyriba Congratulates OpenText for Winning Adam Smith AwardKyriba Client Wins “Top Treasury Team 2017” from Treasury Today LONDON—NEW YORK, June 27, 2017 –Kyriba Corp., the global leader in cloud-based treasury, cash and risk management solutions, today announced that its client, OpenText, was...read more
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June 22, 2017 NewsKyriba Live! 2017 Celebrates Kyriba Clients and Partners in Europe and USKyriba announced its much anticipated series of annual client conferences, Kyriba Live!, starting in London this week and continuing with events in Atlanta and Paris this fall. Kyriba expects more than 800 clients and partners to...read more
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June 19, 2017 NewsKyriba Live! 2017 Celebrates Kyriba Clients and Partners in Europe and USConferences Bring Together Forward-Thinking Financial Leaders for Education, Networking and Awards LONDON—NEW YORK—PARIS, June 20, 2017 –Kyriba Corp., the global leader in cloud-based treasury, cash and risk management solutions, today announced its much anticipated series...read more
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June 13, 2017 NewsCentralizing FX Operations: 4 Key StepsCompanies expand internationally in one of two ways—organically or through M&A activity. International growth carries with it a number of added risks, the most prominent being currency. With the constant volatility in the markets...read more
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June 13, 2017 NewsThe challenges of centralising foreign exchange operations for multinational corporatesThe ability to enter into new markets geographically can help drive top line revenue growth, or offer cost-cutting advantages in production and output. Companies expand internationally in one of two ways: organically or through M&A...read more
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June 13, 2017 NewsThe seven competitive advantages of a modern corporate treasurerTo be successful, it’s critical to keep up to date on the latest tools and techniques. Kyriba has released a new eBook on seven treasury topics they believe that corporate treasurers can use to gain competitive...read more
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May 31, 2017 NewsUS survey confirms treasurers’ strategic growth post- credit crunchSeptember 15, 2008. This is the day when treasury transformed from being important to strategic. What was later called the credit crisis was fuelled by a massive constriction of liquidity like we had never...read more
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May 31, 2017 NewsWhat Is A Payment Factory — And Who Needs One?What’s a payment factory? Even Google can’t give you a straight answer— but, Bob Stark, vice president of strategy at Kyriba, will shed some light on this on June 8, when he sits down...read more
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May 23, 2017 NewsFHL joins forces with Kyriba to deliver secure cloud treasury solutionsWith Kyriba, FHL now delivers a suite of treasury management solutions to complement its NetSuite portfolio, helping finance professionals to effectively manage cashflow forecasting and operate more strategically in a secure cloud environment.read more
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May 23, 2017 NewsFintech Fosters Alignment for Supply Chain FinanceFinTech does not have a simple definition. It is a broad term that speaks to the evolving intersection of technologies and the way supply chains and financial services are provided. I spoke to Greg Person, Kyriba's VP...read more
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May 23, 2017 NewsDriving digital transformation with finesseFinesse will continue to drive digital transformation for our clients. Most of our solutions today are on the cloud and we will be enabling transformation for enterprises for Business Intelligence & Analytics, CRM and...read more
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May 23, 2017 NewsKyriba and FHL Join Forces on Cloud Treasury SolutionsCloud-based treasury, cash and risk management solutions provider Kyriba Corp has formed a channel sales partnership with UK cloud solutions provider FHL, leading provider of NetSuite products in Europe and NetSuite’s EMEA Partner of the Year 2017....read more
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May 23, 2017 NewsP2P Technology Round-UpCPO Rising reports on industry movers and shakers who have announced innovative technologies and new product acquisitions.read more
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May 23, 2017 NewsThe 2017 Treasury and IT Project ListCFO’s and Treasurers in the US are more focused on cash management and demand real time visibility into cash. With this information, they can develop more strategic tax and treasury strategies to manage offshore...read more
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May 23, 2017 NewsExcel Still Excels in Forecasting, RiskThere’s no question today’s treasury management systems offer a lot of functionality, from giving treasurers eyes on cash in far-flung locales to managing the cash portfolio. But despite the millions spent on such systems...read more
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May 23, 2017 NewsKyriba Selected for Collaborative Reverse Factoring ProjectKyriba, the global leader in cloud-based treasury and working capital solutions, has had its supply chain finance solution chosen by Pimkie.read more
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May 23, 2017 NewsMoving away from manualAs a fast-growing company, Malaysia’s Tan Chong Group needed to move away from manual processes and drive more efficiency across its treasury operation. After a diligent review process, Tan Chong selected Kyriba’s cloud-based solution to...read more
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May 23, 2017 NewsPimkie Uses Kyriba for Early Payment of InvoicesKyriba Corp., the cloud-based treasury and working capital solutions company, announced Friday (March 18) that Pimkie chose its supply chain finance solution to manage its supplier invoice financing program. Kyriba said Pimkie will be able to improve...read more
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May 23, 2017 NewsImproving Financial Controls with Treasury TechnologyGlobal finance professionals in the Asia Pacific region are challenged by time-consuming and error-prone manual data entry, and implementing financial controls with enhanced security against fraud and cybercrime. With increasing danger of loss from...read more
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May 23, 2017 NewsKyriba signs partnership with ClustinClustin, signs on as a Kyriba client and channel partner. As a Kyriba client, Clustin leverages Kyriba’s cash and payments management solution-set to power their strategic vision. As a Channel Partner, Clustin will complement its...read more
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May 23, 2017 NewsThe TreasurerThe ACT, in turn, is committed to providing opportunities to help treasurers in the region increase knowledge and share expertise. Don’t miss the upcoming webinar on 4 May on China-UAE trade in partnership with...read more
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May 23, 2017 NewsMacron’s Coup de Maitre: France and TechnologyAccording to Red Herring, the new president of France, Emmanuel Marcon, has an interest in Fintech, and a talent for appointing strong leaders, starting with BPIFrance--an investor in Kyriba--appointing Nicolas Dufourcq as its leader. Macron,...read more
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May 23, 2017 NewsGaining a full view of riskIt has never been more important for treasurers to have a full view of risk across the business. But how can treasurers achieve this, and how can technology help them manage their risks more effectively?...read more
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May 19, 2017 NewsTMS suppliers innovate and partner as their impact and coverage growAny implosion and/or rationalisation of the treasury management system market doesn’t seem to be happening. Nevertheless, TMS suppliers are certainly innovating and partnering as they grow. TMS’s are being used in all sorts of...read more
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May 19, 2017 NewsTreasury And Risk Management, Clearly, In The CloudsJean-Luc Robert, chairman and CEO at Kyriba, talks about his approach to innovation and what is critically important about payments in today’s market. Q: How would you define your company’s approach to innovation? A: We focus...read more
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May 19, 2017 NewsImplementation Projects Press OnThe Global Cash and Banking Group keeps focus on tech, tax reform and working capital management in meeting at Electronic Arts. Highlights of the meeting, sponsored by Deutsche Bank, include: Stay the Course. Innovation and project...read more
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May 11, 2017 NewsKyriba Corp. Reports 40 Percent Sales Growth in First Quarter of 2017New Innovations in Risk Management and Payment Control Capabilities Fuel Global Demand NEW YORK, May 11, 2017 –Kyriba Corp., the global leader in cloud-based treasury, cash and risk management solutions, today announced a 40 percent...read more
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May 08, 2017 NewsFHL Joins Forces with Kyriba to Deliver Secure Cloud Treasury SolutionsFHL Customers Now Have Access to Kyriba’s World Leading Treasury Management Solution LONDON, 9 May 2017 –Kyriba Corp., the global leader in cloud-based treasury, cash and risk management solutions, today announced a channel sales partnership...read more
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April 21, 2017 NewsKyriba Gains Rapid Adoption Among Top NetSuite Partners: Capgemini, Clustin, NetSoft and RSMLeading Global and Regional NetSuite Solution Providers Now Recommend Kyriba’s Award Winning Cloud-Based Finance Solutions Las Vegas, April 24, 2017 –Kyriba Corp., the global leader in cloud-based finance solutions, today announced its cash forecasting,...read more
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April 12, 2017 NewsKyriba Wins Payments Award at Global Vizag AP FinTech CompetitionKyriba Named the Most Innovative Fintech Vendor in India Kyriba’s Award and Solutions Drive New Opportunities for Partners in India VIZAG-AP & NEW YORK --April 12, 2017 –Kyriba Corp., the global leader in cloud-based...read more
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April 07, 2017 NewsClustin Joins Kyriba as Client and PartnerIntegrated Cloud Solutions to Increase Growth for Clustin and their Clients MILAN & NEW YORK—10 April 2017 –Kyriba Corp., the global leader in cloud-based treasury, cash and risk management solutions, today announced International Solutions Provider,...read more
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April 06, 2017 NewsKyriba Accelerates its Development in SwitzerlandPARIS & BASEL, Switzerland, 7 April 2017 – Kyriba Corp., the global leader in cloud-based treasury, cash, risk and payment management solutions, today announced exceptional growth in Switzerland. To strengthen its position as a...read more
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March 27, 2017 NewsKyriba achieves record growth even in 2016New York - (BUSINESS WIRE) - Kyriba Corp. (Kyriba), the leader of cloud-type treasury management solutions, today acquired 206 new customers in 2016 and continues record-breaking growth. Kyriba's solution, Kyriba Enterprise (Kyriba) is now...read more
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March 27, 2017 NewsStart-ups, a catalyst for innovation and acculturation for HSBCPartnerships, investments, support for accelerators ... The British bank HSBC is multiplying initiatives with young shoppers to accelerate its transformation. In addition to deploying new functionalities to serve its customers, the banking group intends to...read more
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March 27, 2017 NewsRegtech Market Map: The Startups Helping Businesses Mitigate Risk And Monitor Compliance Across IndustriesA host of tech startups in the regulatory space has emerged that offer a range of software, services, and tools aimed at bringing more data and efficiency to regulatory compliance.read more
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March 16, 2017 NewsPimkie Selects Kyriba for its Collaborative Reverse Factoring ProjectNew York, March 16, 2017 – Kyriba Corp., the global leader in cloud-based treasury and working capital solutions, announced Pimkie has chosen Kyriba's supply chain finance solution to manage its supplier invoice financing program....read more
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March 10, 2017 NewsAdoption of Kyriba Cloud-Based Treasury Management at transcosmosAccelerating overseas business development focused on the Asian market by strengthening cash flow monitoring systems on a global scaleread more
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March 10, 2017 NewsSwift gpi looks to set new global payments standardAfter a successful year-long pilot phase, the new Swift global payments innovation (gpi) messaging platform is now live, but it still has some way to go before meeting Swift's aspiration of it being adopted...read more
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March 06, 2017 NewsKyriba Congratulates Dassault Systèmes on its TMI 2016 Corporate Innovation Award for Treasury TechnologyKyriba Corp. congratulates client Dassault Systèmes, the 3DEXPERIENCE Company, world leader in 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions, for winning the Treasury Management International (TMI) 2016 Corporate Innovation...read more
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March 06, 2017 NewsKyriba Celebrates Record Growth in 2016Kyriba Corp., the global leader in cloud-based treasury, cash and risk management solutions, today announced continued record growth in 2016 with more than 206 new logos. Kyriba now has more than 1,500 clients with...read more
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March 06, 2017 NewsEastman Kodak Company Selects Kyriba Treasury SolutionsKyriba Corp., the global leader in cloud-based treasury, cash and risk management solutions, today announced Eastman Kodak Co. (KODK) selected Kyriba treasury solutions, including global connectivity, bank account management, in house banking, and payments management to...read more
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March 06, 2017 NewsKyriba Named the World’s Best Cash Forecasting SolutionGlobal Finance Magazine Lists Kyriba among World’s Best Treasury & Cash Management Banks and Providers for the Fifth Year in a Rowread more
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March 03, 2017 NewsTan Chong Motor Holdings Berhad Brings on Kyriba to Enhance Cash and Risk ManagementNEW YORK, March 7, 2017 –Kyriba Corp., the global leader in cloud-based treasury, cash, risk and payment management solutions, today announced TMC Services Sdn Bhd, a subsidiary of Tan Chong Motor Holdings Sdn Bhd (TCMH),...read more
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February 27, 2017 NewsAdoption of Kyriba Cloud-Based Treasury Management at transcosmosAccelerating overseas business development focused on the Asian market by strengthening cash flow monitoring systems on a global scale NEW YORK, February 27, 2017--Kyriba Japan Co., Ltd. (Japanese subsidiary: Shibuya-ku, Tokyo / Yuichiro Kuwano,...read more
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February 15, 2017 NewsKyriba Congratulates Dassault Systèmes on its TMI 2016 Corporate Innovation Award for Treasury TechnologyLONDON, February 16, 2017 –Kyriba Corp., the global leader in cloud-based treasury, cash and risk management solutions, congratulates client Dassault Systèmes, the 3DEXPERIENCE Company, world leader in 3D design software, 3D Digital Mock Up and...read more
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February 13, 2017 NewsKyriba Celebrates Record Growth in 2016Kyriba North America Increases New Logos by 72 Percent Compared to Previous Year NEW YORK, February 14, 2017 –Kyriba Corp., the global leader in cloud-based treasury, cash and risk management solutions, today announced continued...read more
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February 09, 2017 NewsEastman Kodak Company Picks Kyriba to further Drive Efficiencies in Global Treasury ManagementNEW YORK, February 9, 2017 –Kyriba Corp., the global leader in cloud-based treasury, cash and risk management solutions, today announced Eastman Kodak Co. (KODK) selected Kyriba treasury solutions, including global connectivity, bank account management,...read more
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February 07, 2017 NewsKyriba Named the World’s Best Cash Forecasting SolutionGlobal Finance Magazine Lists Kyriba among World’s Best Treasury & Cash Management Banks and Providers for the Fifth Year in a Row NEW YORK, February 7, 2017 –Kyriba Corp., the global leader in cloud-based...read more
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February 01, 2017 NewsA tax holiday for US treasury teamsFollowing the tumultuous US election season in 2016, and to kick-off 2017, America’s corporate accounting, tax and treasury teams have been busy planning ahead for the new administration led by Republican president Donald Trump,...read more
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February 01, 2017 NewsIFRS 9 implementation dividing banks and corporatesThe coming year will be the time for testing and implementing the processes for new IFRS accounting rules designed to ensure that financial reporting more accurately reflects how companies manage their risk exposures with...read more
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February 01, 2017 NewsStandard Motor Products, Inc. Taps Kyriba to Automate Cash ManagementKyriba Corp., the global leader in cloud-based treasury, cash and risk management solutions, today announced Standard Motor Products, Inc. (NYSE: SMP) selected Kyriba to automate its cash management operations, create a single source of information...read more
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February 01, 2017 NewsEffectively managing compliance challengesCompliance has long been an area of concern for corporate treasurers. However, the recent wave of new regulation has made this area more pressing – and challenging – than ever before.read more
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January 23, 2017 NewsStrategic Cash-Management Culture at EmblemHealth Improved by Kyriba’s SolutionsEmblemHealth Treasury team finds up to 40 percent time savings with general ledger automation and bank reporting NEW YORK, January 24, 2017 –Kyriba Corp., the global leader in cloud-based treasury, cash and risk management...read more
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January 04, 2017 NewsStandard Motor Products, Inc. Selects Kyriba to Automate Cash ManagementNEW YORK, January 5, 2017 –Kyriba Corp., the global leader in cloud-based treasury, cash and risk management solutions, today announced Standard Motor Products, Inc. (NYSE: SMP) selected Kyriba to automate its cash management operations, create...read more
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December 28, 2016 NewsFive tips for keeping your payments safeFraud and cyber crime have been a concern for corporate treasurers for several years and this past year showed us that there is a new risk to consider: connectivity. The reports of banks being hacked...read more
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December 28, 2016 NewsB2B FinTechs Nab Funding Before 2016’s CloseIt’s no surprise that venture capital rounds in B2B FinTech may be dwindling as the holidays ramp up, but that doesn’t mean the space has gone ignored. Investors in the U.S., Europe and Asia...read more
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December 20, 2016 NewsKyriba Gains Undisclosed Investment from Mitsubishi UFJ CapitalKyriba Corp., the global leader in cloud-based treasury, cash and risk management solutions, today announced Mitsubishi UFJ Capital, a Tokyo-based venture capital firm specializing in electronics, healthcare, and technology investments, has joined Kyriba’s Series...read more
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December 20, 2016 NewsPress release: iAccount Services (HK) Limited selects Kyriba for payments and cash managementKyriba Corp., the global leader in cloud-based treasury, cash and risk management solutions today announced iAccount Services (HK) Limited (hereinafter iAccount (HK)), a subsidiary of Liri Holdings Group, has selected Kyriba for its payments...read more
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December 20, 2016 NewsKyriba and Mitsubishi UFJ Capital participate in series D financing roundKyriba Corp., the largest cloud-type financial management solution, join Mitsubishi UFJ Capital to invest procurement of Series D.read more
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December 20, 2016 NewsMitsubishi UFJ Capital backs KyribaKyriba Corp., the global leader in cloud-based treasury, cash and risk management solutions, today announced Mitsubishi UFJ Capital, a Tokyo-based venture capital firm specializing in electronics, healthcare, and technology investments, has joined Kyriba’s Series...read more
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December 20, 2016 NewsMitsubishi UFJ Capital invests in KyribaKyribaCorp, the global leader in cloud-based treasury, cash and risk management solutions,t oday announced Mitsubishi UFJ Capital, a Tokyo-based venture capital firm specializing in electronics,healthcare, and technology investments, has joined Kyriba’s Series D funding...read more
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December 19, 2016 NewsKyriba Gains Undisclosed Investment from Mitsubishi UFJ CapitalNEW YORK - TOKYO—December 19, 2016: Kyriba Corp., the global leader in cloud-based treasury, cash and risk management solutions, today announced Mitsubishi UFJ Capital, a Tokyo-based venture capital firm specializing in electronics, healthcare, and...read more
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December 13, 2016 NewsKyriba Signs Hong Kong Client: iAccount Services (HK) Limited Selects Kyriba for Payments and Cash ManagementNEW YORK - HONG KONG—December 13, 2016: Kyriba Corp., the global leader in cloud-based treasury, cash and risk management solutions today announced iAccount Services (HK) Limited (hereinafter iAccount (HK)), a subsidiary of Liri Holdings...read more
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December 06, 2016 NewsCyber crime: on the lookout for fraudBanks and other financial institutions both large and small are finding it tougher to recognise and combat cyber crime, with criminal elements growing increasingly sophisticated in. Kaspersky Lab and B2B International conducted a survey...read more
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December 06, 2016 NewsBanking relationshipsIf your organisation was being served by one of the major European and US banks that have recently withdrawn from certain geographies, this may then call for a review of your banking providers for...read more
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December 06, 2016 NewsFintech at the crossroads: disruption, collaboration and regulationHas fintech reached the age of reason? Banking professionals, finance experts, fintech start-up founders and students were invited to partake in the passionate debate that took place at the Second edition of HEC Paris'...read more
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November 02, 2016 Newsbpifrance leads around $ 23 million of the FinTech KyribaA little over a year after a third round of financing of $ 21 million (19.8 million euros), the editor of cash management solutions Kyriba pocketed $ 23 million (€ 20.5 million) additional.read more
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November 02, 2016 NewsSpotify makes treasury music, wins International EuroFinance Award for Treasury ExcellenceKyriba Corp., the global leader in cloud treasury management solutions, has announced that its client, Spotify, the world’s leading music streaming service, has won the 2016 EuroFinance Award for Treasury Excellence for its innovative,...read more
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November 02, 2016 NewsAccuity and Kyriba partner to help corporates manage third-party paymentsKyriba Corp., the global leader in cloud-based treasury, payments, cash and risk management solutions, has announced a partnership with Accuity, the leading provider of financial crime compliance, payments and financial counterparty know-your-customer (KYC) solutions.read more
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November 02, 2016 NewsTechnology helping treasurers stay on topAs increasingly complex demands mount on corporate treasurers, along with a growing need to glean insights from big data, technology is coming to the rescue.read more
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October 28, 2016 NewsThe Best Enterprise Software Startups To Work For In 2016, Based On Crunchbase & GlassdoorBased on the 109,438 companies listed in Crunchbase as of today, the data set was sorted to find only enterprise software startups.read more
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October 28, 2016 NewsFrench Tech 92 million raised by 21 startups this weekEvery Friday, the investment bank that specializes in the digital industry ECAP Partner update on fundraising last 7 days. This week, Kyriba and Zenly each have raised over 20 million.read more
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October 28, 2016 NewsSoftware firm Kyriba raises $23 millionKyriba, a San Diego FinTech firm, said Thursday that it has raised $23 million in a fourth round of venture capital financing, bringing the total raised since it was founded to $99 million.read more
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October 28, 2016 NewsTRM Or TMS: What’s In A Name?Once upon a time, a treasury management system (TMS) was enough for a multinational corporation wanting to consolidate its treasury operations and introduce more automation, tracking and technology to support operational centralization. But increasingly,...read more
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October 26, 2016 NewsWill treasurers abandon prime MMFs after SEC reforms?New rules for US MMFs mean there will be some tough decisions ahead for corporate cash investors. But Kyriba’s Bob Stark is convinced that the value proposition of prime MMFs will endure the coming...read more
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October 26, 2016 NewsIntercompany Debt Transfers at Risk with New IRS ProposalThe whole issue of tax inversions, or companies relocating to offshore locations to gain better tax treatment has been front and center this presidential election. But a shot was heard around the USA when...read more
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October 26, 2016 NewsMoney Fund Reform: A Lot of Fuss, But Worth the AttentionOn October 15, treasurers investing in prime money market funds will face the consequences of the SEC’s 2a-7 reform. Perhaps the most talked about impact of this legislated reform is the introduction of a...read more
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October 26, 2016 NewsUS: Section 385 could be as disruptive as advertisedWhile there are many regulations that we read about in treasury, Section 385 is a regulatory change that is worth paying attention as it has the potential to significantly impact treasury.read more
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October 26, 2016 NewsReg 385 Offers Only Two Endings for Treasury: Bad or WorseWhile there are many regulations treasurers need to pay attention to, the Treasury Department’s proposed changes to Internal Revenue Code section 385 have the potential to significantly impact treasury departments at large. The focus...read more
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October 26, 2016 NewsOver a BarrelWorking capital performance among America’s largest companies took a turn for the worse in 2015. After three years of stability, the cash conversion cycle — the amount of time that cash is tied up in working...read more
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October 26, 2016 NewsFrom Centralisation to Segregation of Duties to Keeping Abreast of the Latest Fraud Techniques, Security Requires Constant Vigilance, Writes Rebecca BraceIn the area of cash management, security and controls are fundamentally important. From payment fraud to the risk of error, corporate treasurers need to be aware of the different threats that can result in...read more
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October 26, 2016 NewsFour Keys to a Successful Supply Chain Finance ProgramMore U.S. companies are now exploring the benefits of setting up a supply chain finance program, which can reconcile the competing goals of buyer and supplier and mitigate the impact of a DPO extension...read more
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October 26, 2016 NewsTreasurers have more strategic role but still struggle with core tasks – surveyA survey by Kyriba and the UK Association of Corporate Treasurers (ACT) has found a mixed picture of increasingly strategic roles for corporate treasury, together with continuing challenges in global cash visibility and fraud.read more
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October 26, 2016 NewsCurrent treasury resources not sufficient for expanded roleWith growing operational complexity, an increasing burden of regulatory compliance and an ever-expanding role to fulfil, treasurers are looking to available resources to help out but many are finding that the cupboard is bare....read more
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October 26, 2016 NewsFor its 4th edition, Iris Innovation Day 2016 gathered digital ecosystem players and celebrated the most innovative start-ups of Iris Capital’s portfolioA special event dedicated to the most innovative start-ups and their visionary entrepreneurs who have joined the Iris Capital family, Iris Innovation Day highlights the Orange-Publicis Group Venture fund initiative, which aims at detecting...read more
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October 26, 2016 NewsAmex GBT Pursues T&E Via M&AAmerican Express Global Business Travel (Amex GBT) has taken an M&A approach to expanding in the corporate travel space.“We are bringing together an industry-leading online solution and travel management company to create the first seamless...read more
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October 24, 2016 NewsCash Visibility Still Opaque for Many MNCsIf you feel cash visibility is lacking in your multinational company, the good news is you’re not alone. The bad news of course is that without improved visibility you’re missing out on major benefits...read more
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October 24, 2016 NewsReverse Factoring: 5 Tips to Avoid Supply Chain Finance Foul UpsOver on Spend Matters, I recently shared two reverse factoring case studies, courtesy of Kyriba’s Eric Riddle and Wells Fargo’s Stephen Elson, who presented at CFA’s Supply Chain Finance/Factoring World event in Miami, which took...read more
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October 24, 2016 NewsSCF: incumbents vs disruptersThe battle between the banks and the fintech disrupters for a bigger share of the global supply chain finance business is heating up. Both have invested heavily in their platforms over recent years. But who...read more
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October 24, 2016 NewsCorporate treasury on the Cloud: damned if you don’t, damned if you doTreasury management systems (TMSs) are becoming increasingly Cloud-based, meaning that the world's biggest corporates now have far more of their financial and payments data online than ever before. TMS providers reported a major move to...read more
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October 24, 2016 NewsFood for thoughtFollowing a period of vast economic transition in its primary market, Angola, Dubai-based food distributor Webcor Group needed better visibility over its cash flow and liquidity. CFO Frederic Marret opted for a fresh treasury...read more
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October 24, 2016 News5 Things to Know about Supply Chain FinanceThe market impact is tremendous—stringent new banking regulations and conservative credit models make buying necessary materials challenging—and supply chain finance alleviates the sort of financial pressure that has become so common in recent years....read more
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October 24, 2016 NewsFraud Attempts Increase but Prevention Not a Top Priority for Corporate TreasurersKyriba Corp. today announced the results of the Kyriba / Association of Corporate Treasurers 2016 annual treasury survey. The survey reveals that resource-strapped treasurers face 19 percent greater risk of fraud; responsibility of liquidity...read more
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October 24, 2016 NewsTreasurers lash out over compliance burdenCorporate treasurers reveal the impact of compliance on their day-to-day operations - and how it is affecting their relationship with banks.read more
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October 24, 2016 NewsDigitisation for Best-in-Class Treasury ManagementTreasury has played a fundamental role in facilitating the group’s success, with a proactive programme of optimisation initiatives to meet its changing needs. In 2013, John Colleemallay, Senior Director, Group Treasury & Financing, outlined how the...read more
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October 24, 2016 NewsAmex Global Business Travel Picks Its Payment ProcessorTreasury management firm Kyriba just landed a big client. The company announced on Tuesday (April 19) that American Express Global Business Travel (GBT) has chosen Kyriba’s Payment Factory payment processing solution to facilitate payments to GBT...read more
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October 24, 2016 NewsMaking Strides with the Help of TechnologyAs treasurers’ responsibilities grow, treasury management systems are expanding to meet their needs by enhancing features like analytics and compliance and moving into new areas like supply chain finance.read more
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October 24, 2016 NewsKyriba named the world’s ‘best cash forecasting solution’ by Global Finance Magazine'We are thrilled to be named the world’s Best Cash Forecasting Solution by GFMag.com for our efforts in providing true excellence and innovation to our more than 1,200 clients worldwide,' said Jean-Luc Robert, Chairman and...read more
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October 21, 2016 NewsBusiness Gets An App For ThatSmart corporates are using mobile apps to collect real-time data, analyze it and feed it to employees, who can respond immediately. Companies that neglect these tools could find themselves at a disadvantage.read more
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October 21, 2016 NewsCentralising Treasury at the Chalhoub GroupAn interview with members of the Chalhoub Group about the benefits of centralised treasury operations and in-house banks which led to choosing Kyriba as their TMS provider.read more
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October 21, 2016 NewsForeign exchange: Managing uncertainty in 2016The start of 2016 has already seen a considerable amount of volatility in the currency markets. As we carry over from last year, it is clear that currency movements are correlated globally and no longer...read more
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October 12, 2016 NewsAccuity and Kyriba Join Forces to Help Corporates Manage Payments to Third-Parties'- Partnership will help reduce payments disruption and meet regulatory mandates LONDON / NEW YORK – October 12, 2016 – Kyriba Corp., the global leader in cloud-based treasury, payments, cash and risk management solutions, today announced...read more
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October 10, 2016 NewsSpotify Makes Treasury Music, Wins International EuroFinance Award for Treasury ExcellenceKyriba among FinTech companies integral to optimizing its Treasury operations LONDON– 10 October, 2016 – Kyriba Corp., the global leader in cloud treasury management solutions, today announced its client, Spotify, the world’s most leading streaming service,...read more
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September 29, 2016 NewsKyriba Corp. Raises $23 Million in Series D Funding RoundNEW YORK–September 29, 2016 – Kyriba Corp., the global leader in cloud treasury management solutions, has raised $23 million (USD) in a Series D funding round led by Bpifrance, with additional capital from existing investors HSBC...read more
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September 21, 2016 NewsKyriba Delivers 30 Percent Year Over Year Growth and Achieves Record Number of New Client ImplementationsNEW YORK– Sept. 21, 2016 – Kyriba Corp., the global leader in cloud treasury management solutions, announced today its year over year revenue growth was 30 percent for the first two quarters of 2016. In the...read more
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July 27, 2016 NewsKyriba Inspires Treasury Intelligence at Kyriba Live! NA 2016Cloud Treasury Solutions Leader Educates and Celebrates Clients and Partners SAN DIEGO, July 27, 2016 -- Kyriba Corp., the global leader in cloud treasury solutions, today announced its annual North American client conference, Kyriba...read more
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May 25, 2016 NewsKyriba Announces Keynote Sponsorship of New York Cash Exchange®Addresses cybercrime, operational risk management, and regulatory compliance NEW YORK, May 25, 2016 – Kyriba Corp., the global leader of cloud treasury management solutions, today announced its Keynote Luncheon Sponsorship of New York Cash...read more
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May 19, 2016 NewsKyriba Demonstrates Bank Connectivity Product at SuiteWorld16San Jose, Calif., May 19, 2016 – Kyriba Corp., a global leader in cloud treasury management, today announced access to unparalleled bank connectivity for NetSuite customers, and will be demonstrating the Kyriba cloud cash...read more
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May 18, 2016 NewsFraud Attempts Increase but Prevention Not a Top Priority for Corporate TreasurersMore than half report more strategic roles, and 30 percent provide counsel to executive team 100 percent cash visibility eludes treasurers, less than 60 percent report having visibility over 80 percent of global cash,...read more
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May 12, 2016 NewsKyriba Announces Gold Sponsorship of NetSuite SuiteWorld 2016San Diego, May 12, 2016 – Kyriba Corp., a global leader of cloud treasury management, today announced its Gold Sponsorship of SuiteWorld 2016, NetSuite’s annual user conference for customers, partners, media and industry analysts,...read more
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April 19, 2016 NewsKyriba’s Payment Factory Solution Selected by American Express Global Business TravelSAN DIEGO – April 18, 2016 – Kyriba™ Corp., the global leader in cloud treasury management solutions, announced today that American Express Global Business Travel (“GBT”) selected Kyriba for its integrated payment processing solution. GBT joins...read more
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December 22, 2015 NewsKyriba – A 2015 Spend Matters 50/50 Provider to WatchWithin treasury management, Kyriba has proven the ability to build significant customer scale [...] and, at the same time, invest to build a trade financing offering alongside its more traditional treasury management modules —...read more
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December 16, 2015 NewsKyriba Awarded TMI Innovation and Excellence Award 2015: Best Cash Management SolutionLONDON-SAN DIEGO--December 17, 2015: Kyriba Corp., the global leader in cloud treasury management, has been named as the Best Cash Management Solution in Treasury Management International’s (TMI) 2015 Awards for Innovation & Excellence in...read more
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December 09, 2015 NewsSupply Chain Finance solutions for all parts of chainFinance for the supply chain is definitely no longer the sole province of the banks, not that it ever really was. TMS solution providers have been supporting supply chain finance in various ways for some...read more
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November 20, 2015 NewsWhy cybersecurity needs to be central to treasurers’ thinkingThe Association of Corporate Treasurer's magazine 'The Treasurer' reports on the persistence of cybercrime, and how it is now attacking all industries, but especially corporations. Read why treasurers need to make cybercrime a priority,...read more
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November 19, 2015 NewsKyriba Appoints Eric Riddle to Lead its Supply Chain Finance SolutionCloud treasury management leader brings on former IQNavigator and Prime Revenue executive to propel global supply chain finance offering SAN DIEGO, Calif.—November 19, 2015: Kyriba Corp. today announced that Eric Riddle has joined its...read more
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November 13, 2015 NewsKyriba Celebrates Amsterdam Office Opening and Success of Technology Client AVGAmsterdam office brings Kyriba’s Proactive Treasury Management to Benelux and Northern Europe AMSTERDAM, November 13, 2015: Kyriba, the global leader in cloud Proactive Treasury Management, has announced the launch of its tenth office, located...read more
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November 11, 2015 NewsCycle repairsThe cash conversion cycle measures the speed that cash tied up in the buying, production and sales process can be converted back into cash again. This is perhaps one of the most important business...read more
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October 16, 2015 NewsKyriba Brings Treasury Management Expertise to the 2015 Association for Financial Professionals Annual ConferenceSAN DIEGO, October 16, 2015: Kyriba Corp., the global leader in Proactive Treasury Management, will be showcasing the latest innovation in cloud treasury management solutions at the 2015 AFP Annual Conference in Denver, October...read more
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September 28, 2015 NewsPerfecting the Cash ForecastCash forecasting is an art that is rarely perfected. Every organization talks about forecasting more effectively, but few allocate sufficient people, time, and technology to build an effective program. Understanding the importance of an...read more
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September 25, 2015 NewsCloud will ‘change the life of treasury’ as companies look to the futureThe cloud is the future when it comes to treasury management systems, according to a number of speakers at Eurofinance Copenhagen. Automatic updates, fixed fees and optimisation were among reasons put forward as to...read more
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September 18, 2015 NewsCorporates beef up internal operations amid rising bank riskCorporates are shaking up their internal payment operations as they re-assess the risks in their banking relationship.read more
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September 17, 2015 NewsTaking BAM to the BBCWhen you have a presence in almost every country in the world, bank account management can become a challenging process. Treasury Today hears how global broadcaster, the BBC, brought its accounts under control.read more
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September 04, 2015 NewsEM FX hedging: treasury management systems outshine ERPWith the recent upheaval in emerging markets (EMs) heightening the importance of hedging strategies, treasury management systems (TMS) providers look set to cash in. Despite the best efforts of enterprise resource planning (ERP) system...read more
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August 31, 2015 NewsDubai Luxury Goods Distributor Swiss Watch Group Selects Kyriba’s Treasury Management SolutionEnables Risk Management with Enhanced Global Visibility and Controls DUBAI, September 1, 2015: Kyriba Corp., the global leader in cloud Proactive Treasury Management, announced that Swiss Watch Group - part of International Luxury Group...read more
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August 21, 2015 NewsHow should treasurers deal with new challenges?How should treasurers’ deal with the new challenges in the industry? Babsguide's panel of experts explore ways in which CFOs should handle cyber security and what they expect the treasury landscape to look like...read more
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August 18, 2015 NewsKyriba Surpasses 1,000 Clients Worldwide, Continues Rapid GrowthClient Confidence and Dedicated Employees Propel SaaS Treasury Management Progress SAN DIEGO, August 19, 2015: Kyriba Corp., the global leader in cloud Proactive Treasury Management, announced that it now has more than 1,000 organizations and...read more
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August 16, 2015 NewsAverda Selects Kyriba for its Treasury Management SolutionAdds cloud-based cash management and bank account management to enable strategic growth DUBAI, August 17, 2015: Kyriba Corp., the global leader in cloud-based Proactive Treasury Management, announced that Averda (averda™), the largest provider of...read more
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August 12, 2015 NewsPayment hubs should be used to stop hackers targeting the treasurerAccording to Bob Stark, vice president of strategy at treasury management system provider Kyriba, a payment hub should be used so that all corporate payments can be approved and transmitted through a central system...read more
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July 16, 2015 NewsRBS GTS a Basel III Victim?RBS is pulling out of global transaction services, giving its business to BNP Paribas. Was Basel III one reason for the move?read more
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June 22, 2015 NewsCould Payments Innovations Leave Banks Behind?Innovations in payments are emerging right and left, and while many of the new methods target consumers, some have the potential to alter the way corporations make payments.read more
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June 11, 2015 NewsKyriba Live! Annual Client Conference Registration is Now OpenWHO: Kyriba clients, invited guests, and keynote speaker Marci Rossell--former CNBC chief economist and co-host of SQUAWK BOX. In addition, Kyriba partners, subject matter experts, and executive management team are excited to attend. WHAT:...read more
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June 03, 2015 NewsKyriba Banks on Middle East Treasury ManagementThe United Arab Emirates has emerged in just the past few years as a bustling hub for cash flow management innovation. Startups and big banks alike are setting up shop in the region to...read more
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June 03, 2015 NewsEnterprise Risk Management: What is Treasury’s Responsibility?The financial challenges that the Great Recession imposed on many organizations pushed the treasury team to the front and centre of corporate enterprise risk management (ERM) initiatives.read more
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June 01, 2015 NewsKyriba Continues Global Treasury Management Leadership with Launch of Kyriba Middle East Joint VentureDubai headquarters opens to bring SaaS Proactive Treasury Management to the Arabian Peninsula, Lebanon and Egypt DUBAI, June 2 2015: Kyriba, the global leader in cloud-based Proactive Treasury Management, has launched its Middle East...read more
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May 29, 2015 NewsCorporate treasury depts is this you: Few tasks are performed ‘extremely well’?Typically, general surveys of this kind tell corporate treasurers what they already know. This one is different, it reveals some truths about how corporate treasury departments rate their performance, and some counter-intuitive facts and...read more
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May 19, 2015 NewsKyriba v15.0 increases cash flow forecast accuracy and minimizes fraudKyriba Corp, the cloud-based Proactive Treasury Management supplier, has launched version 15.0, of their SaaS treasury management solution. Kyriba claim that the new version provides CFOs and corporate treasury departments with strategic treasury process...read more
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May 19, 2015 NewsCorporate Treasurers Receive an “F” for Fraud Prevention, Shows Kyriba / ACT SurveyFX risk and lack of global cash visibility high on treasury’s radar, but few view fraud as a pressing issue LONDON, May 20, 2015: Many corporate treasurers are in denial about the threat that financial...read more
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May 12, 2015 NewsKyriba Empowers Finance Leaders to Increase Forecast Accuracy and Minimize Fraud with Launch of Kyriba 15.0Newest version of SaaS treasury management system delivers best practice cash forecasting and advanced financial controls SAN DIEGO, MAY 13, 2015: Kyriba Corp, the global leader in cloud-based Proactive Treasury Management, has launched Kyriba...read more
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May 08, 2015 NewsThe bank’s Treasury Management cash cow from corporates is under threatA few eons ago – well before Fintech was called Fintech – I was selling software to Banks that the Banks then used to offer Treasury services to Corporates. I got a lead from...read more
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May 08, 2015 NewsCWT Limited Selects Kyriba to Enhance Liquidity ManagementSingapore-based logistics and engineering firm to leverage Kyriba’s SaaS solution and integrated bank connectivity for better cash visibility SINGAPORE – May 8, 2015 – Kyriba, the global leader in cloud-based treasury management solutions, announced that it has...read more
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April 28, 2015 NewsAddressing cloud ‘challenges’ during a treasury management software comparisonEver-growing numbers of companies are migrating to the cloud for their software needs, given its promise of cost savings, increased flexibility, and greater ease of use, and SaaS is rapidly becoming the dominant delivery...read more
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April 23, 2015 NewsADK Selects Kyriba to Enhance Global Cash Visibility and Financial Risk ManagementSaaS Proactive Treasury Management software to support global business growth TOKYO, April 23, 2015: Kyriba Japan Co., Ltd. (Kyriba), the global leader in cloud-based Proactive Treasury Management, announced that ASATSU-DK INC. (ADK), a leading...read more
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April 13, 2015 NewsNew rules force up the price of moneyReform of the financial services sector was essential following the 2008 crisis, but how is new regulation affecting corporate treasurers?read more
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April 13, 2015 NewsTech to take care of businessCorporate treasurers in growth companies must invest in flexible technologies that can expand with the business without creating a fixed-cost base.read more
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April 09, 2015 NewsGetting More Value from Supply Chain FinanceThe supply chain finance (SCF) market continues to evolve. On the one hand, technological developments are helping to bring the benefits of SCF to a wider range of buyers and suppliers. On the other, companies...read more
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April 07, 2015 NewsSan Diego’s Kyriba raises $21 millionKyriba, a San Diego software firm that helps corporations manage their cash, said it recently raised $21 million in a third round of venture capital funding.read more
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April 06, 2015 NewsKyriba Completes $21 Million Series C Funding Round- HSBC becomes latest investor - Strategic investment will support SaaS treasury management software leader’s global expansion and product innovation SAN DIEGO – April 07, 2015 – Kyriba, the global leader in cloud-based treasury management solutions,...read more
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March 18, 2015 NewsCentralising treasury: a new frontierTreasury centralisation is not a new topic. Corporate treasurers have been centralising processes for the last 20 years, but the techniques that they use continue to evolve. In particular, developments in technology are opening up centralisation...read more
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March 16, 2015 NewsSo you’ve been told to accept bitcoin. Now what?Assuming that you have lost the battle and your company does decide to start accepting Bitcoin, what can treasury do to ensure that your exposure is kept to a minimum?read more
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March 10, 2015 NewsAvoid Becoming a Victim of ‘Spear Phishing’In the past few months, Anthem, Staples and Sony Pictures have become the latest victims of high-profile corporate hacks, adding their names to a growing list that already includes organisations such as JP Morgan...read more
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February 27, 2015 NewsBitcoin: how to reduce the risksThe digital currency Bitcoin has a growing number of supporters in business and government. However, corporate treasury departments are unlikely to be so supportive of Bitcoin – for a number of reasons.read more
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February 11, 2015 NewsKyriba Ends 2014 with 47 Percent Organic Global Bookings Growth and 170+ New Corporate ClientsWorldwide leader in SaaS treasury management software sees major client growth and industry recognition SAN DIEGO – February 12, 2015: Kyriba, the global leader in cloud-based Proactive Treasury Management, announced record bookings during 2014,...read more
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February 03, 2015 NewsKyriba Appoints Gene Lynes as CFOGlobal leader in SaaS treasury management software strengthens senior management team SAN DIEGO, February 4, 2015: Kyriba Corp, the global leader in cloud-based Proactive Treasury Management, has appointed Gene Lynes as chief financial officer....read more
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January 30, 2015 NewsA Win-Win Solution to Solve the Late Payments ChallengeIt’s well-known that payments from large buyers can often be slow, causing significant pressure on small and medium-sized enterprises’ (SMEs) working capital. What processes can be put in place to speed up payments, which...read more
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January 21, 2015 NewsHow to do global treasury management from the cloudTreasury management in the cloud can be the ideal solution to the hugely complex challenge of the corporate treasurer.read more
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January 19, 2015 NewsKyriba Named Global Finance Magazine’s “World’s Best SaaS Treasury Solution” for Third Successive YearSAN DIEGO, January 15, 2015: Kyriba, the global leader in cloud-based Proactive Treasury Management, has been named as Global Finance magazine’s “Best SaaS Treasury Solution” in its World’s Best Treasury & Cash Management Providers...read more
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December 15, 2014 NewsTwo-Thirds of Corporate Treasurers Falling Short of Cash Visibility GoalsNew survey from Kyriba reveals gap between current and target levels of daily cash insight SAN DIEGO, December 17, 2014: The majority of corporate treasury departments are falling short of their own targets for...read more
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December 08, 2014 NewsKyriba and TrueCloud Sign Agreement to Bring SaaS Treasury Management to the Mid-MarketLeading NetSuite solution provider selects 2014 SuiteCloud Enterprise Partner of the Year to provide cloud-based treasury automation SAN DIEGO, December 9th, 2014: Kyriba, the global leader in cloud-based Proactive Treasury Management, has signed an...read more
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December 02, 2014 NewsHunt Companies Selects Kyriba for Treasury Management and Full Bank ConnectivityLeading real estate developer to deploy SaaS solution for cash, forecasting and payment management SAN DIEGO, December 3, 2014: Kyriba, the global leader in cloud-based Proactive Treasury Management, will deploy its award-winning software-as-a-service (SaaS)...read more
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December 01, 2014 NewsClouding the issue – when is SaaS not SaaS?It’s not hugely surprising that the treasury vendors themselves are clamouring to talk about how their solutions are SaaS, in order to capitalise on market interest. That would be all well and good should...read more
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November 20, 2014 NewsTreasury Management Systems: Delivering visibility and accurately measuring riskWhile a TMS can offer benefits such as, increasing productivity, tackling fraud and improving visibility into cash, liquidity and financial transactions, many organisations struggle to find the perfect TMS to suit their needs in...read more
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November 13, 2014 NewsA thing of beauty – treasury and the “Internet of Things”It is a technological fact that sensors and actuators are being embedded in billions of devices, all of which can be connected to the internet to transmit and receive data. Merging the physical and...read more
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November 13, 2014 NewsImplementing a TMS On Time and On BudgetWhat steps should you take to ensure that you can successfully integrate a new treasury management system (TMS) into your treasury department without wasting time and money?read more
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November 07, 2014 NewsEmptying the drawer: farewell to security tokens?Electronic and online banking means electronic identification and authentication and for corporate treasurers, that means a different device and PIN for each bank. When the treasurer’s desk drawer opens and the mountain of security...read more
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November 06, 2014 NewsSaaS vs locally-installed software: Unravelling the security mythsSaaS software is well established across the enterprise, but some in treasury still view it with caution, citing potential security risks. Are these risks real, or mainly just unfounded myths?read more
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October 21, 2014 NewsKyriba Closes Q3 2014 with Record Revenues and BookingsSaaS treasury management vendor achieves 45 percent year-to-date bookings increase SAN DIEGO, OCTOBER 22, 2014: Kyriba, the global leader in cloud-based Proactive Treasury Management, achieved record revenues and bookings in the third quarter of...read more
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October 20, 2014 NewsWhy treasury management systems need to move to software as a serviceTreasury departments have yet to embrace the cloud, but as Rémy Dubois explains by shunning the saas cloud solutions available they could be putting the business at risk.read more
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October 15, 2014 NewsNew Report Identifies Kyriba as Fastest-Growing Treasury Management Software VendorIndustry analyst firm highlights strong demand for cloud-based treasury and Kyriba’s “focus on customers” SAN DIEGO, OCTOBER 15, 2014: Kyriba, the global leader in cloud-based Proactive Treasury Management, has been identified as the fastest-growing...read more
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October 06, 2014 NewsA Bigger Seat for Treasury at the Corporate TableAs the perception of treasury changes, the big question is whether the treasury department is primarily strategic or tactical in its function. Treasury was, for many years, viewed as a cost center within many...read more
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September 25, 2014 NewsCash forecasting dominates treasury operations. But are you going about it the right way?Forecasting cash flows and availabilities is a key concern for treasury teams around the world. When done accurately and precisely, it provides companies with the strategic ability to anticipate available funds, and harness their...read more
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September 25, 2014 NewsDemystifying the cloudCloud technology has received a fair amount of negative press in recent weeks, sparking further debate about the technology. However, conversation about the cloud is often convoluted and confusing. Treasury Today explains why corporates...read more
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September 22, 2014 NewsKyriba Delivers Global Treasury Management Leadership with Kyriba 14.2Third update of 2014 brings additional international connectivity options, enhances user experience with interactive interface SAN DIEGO, September 23, 2014: Kyriba, the global leader in cloud-based Proactive Treasury Management, has released Kyriba 14.2, the...read more
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September 16, 2014 NewsImaging Technology Leader Konica Minolta Chooses Kyriba to Enhance Global Cash VisibilitySaaS treasury management system to provide a clearer picture of cash positions and forecasts TOKYO, September 17, 2014: Kyriba, the leader in cloud-based treasury management solutions, has been chosen by leading imaging technology manufacturer,...read more
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September 12, 2014 NewsTreasury Management Systems: A Company’s First Line of Defence Against FraudEvery year, companies around the world run the risk of losing millions of pounds, dollars, and innumerable other currencies to fraud. In a recent report from J.P. Morgan, it was suggested that 61 percent...read more
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September 03, 2014 NewsNissin Foods Holdings Selects Kyriba to Provide Global Treasury Management SystemLeading noodle manufacturer chooses cloud platform to streamline global treasury operations TOKYO, September 4, 2014 – Nissin Foods Holdings, one of Japan’s largest manufacturers of noodles and instant foods, has chosen Kyriba, the leader...read more
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August 26, 2014 NewsSupplierPay and Supply Chain Finance – good for suppliers, good for buyersIt’s widely known that payments from large buyers can often be slow, and this can cause a significant pressure on SMBs’ working capital. Combine this with the challenge that many SMBs have raising financing...read more
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August 25, 2014 NewsThe Winning ForecastHow often have treasury professionals wished for a crystal ball when trying to anticipate their company’s cash flows? Forecasting is potentially one of the hardest tasks undertaken by treasury teams, with its requirement for...read more
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July 28, 2014 NewsKyriba Delivers Forty-Five New Enterprise Clients in Q2 2014SaaS treasury management vendor grows 33 percent in H1 2014, surpasses 850 clients worldwide SAN DIEGO, July 29, 2014: Kyriba, the leader in cloud-based treasury management solutions, closed H1 2014 with 33 percent overall...read more
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July 25, 2014 NewsLeveraging an Effective Working Capital Strategy to Reduce the Cash Conversion Cycle (Media Coverage)As the global economy continues to recover following the 2008 financial crisis, the treasurer’s strategic value to the organisation is evolving toward efficiently managing working capital, to meet the growing liquidity needs of their...read more
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July 23, 2014 NewsRoland DG Corporation Selects Kyriba as Global Treasury Management System ProviderJapanese large-format printer manufacturer chooses cloud-based platform to improve cash forecasting and financial reporting TOKYO, July 23, 2014 – Kyriba, the leader in cloud-based treasury management solutions has been chosen by Roland DG Corporation,...read more
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July 23, 2014 NewsRPC Group Selects Kyriba for International Treasury Management System Roll-OutGlobal leader in plastic packaging to deploy cloud-based platform to reduce operational and financial risk and drive cash visibility LONDON, July 24, 2014 – Kyriba, the leader in cloud-based treasury management software, has been chosen by...read more
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July 18, 2014 NewsVote of ConfidenceResearch by the ACT and Kyriba finds that treasurers can make better use of technology and do more to raise their profiles.read more
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July 15, 2014 NewsFragmentation is the Future of TMSA small move towards consolidation in the notoriously fragmented TMS market over the past few years, mainly driven by ION Trading, has led many to predict that further consolidation is just a matter of...read more
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July 09, 2014 NewsKyriba Japan Announces Strategic Investment from Mitsubishi UFJ Capital and Mizuho CapitalJapan’s two largest banks take equity stake in global SaaS-based treasury software vendor TOKYO –July 9, 2014: Kyriba Japan Co., Ltd., the Japanese subsidiary of Kyriba, the leader in cloud-based treasury management solutions, has...read more
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June 19, 2014 NewsKyriba Announces Keynote Speaker for Kyriba Live! 2014 North American Client ConferenceNational security and financial integrity consultant, Juan Zarate, to address corporate treasury executives in San Diego, September 9, 2014 SAN DIEGO, June 19 2014 – Juan Zarate will present the keynote speech at Kyriba!,...read more
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June 18, 2014 NewsFewer Than One in Three Cash Flow Forecasts are Accurate, Shows New Kyriba SurveySix in 10 treasury professionals see “significant” or “major” variances in cash flow forecasts SAN DIEGO – June 24, 2014: Most treasury cash flow forecasts contain significant inaccuracies, according to a new survey by...read more
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June 16, 2014 NewsKyriba Announces Alliance Lite2 Partnership with SWIFT to Deliver Seamless Multibank ConnectivitySAN DIEGO, June 17, 2014 - Kyriba, the leader in cloud-based treasury management solutions, has signed an agreement with SWIFT to provide SWIFT Alliance Lite2 connectivity through the Kyriba Enterprise treasury management system. The agreement...read more
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June 03, 2014 NewsM&A – Knowing how to seal the dealMergers and acquisitions (M&A) have bounced back on to the corporate agenda in 2014 after tailing off dramatically in the wake of the financial crisis. According to figures from Thomson Reuters, the value of...read more
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June 03, 2014 NewsSunny outlook through the cloudFifteen years ago, treasurers generally occupied a remote corner in the far reaches of the finance department. Today, they have become advisers both to the board and the front-line business on strategy and risk,...read more
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June 03, 2014 NewsTMS and ERP – best of Frenemies?The financial crisis of 2008-2009 heightened the need for treasurers to have real-time, 24/7 cash visibility. Both enterprise resource planning (ERP) systems and treasury management systems (TMS) offer solutions to this requirement, but which...read more
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June 03, 2014 NewsTreasury Management Provider Kyriba Wakes up to Supply Chain FinanceTreasury Management Solution providers have filled the void of the major ERP providers (SAP, Oracle) in providing cash forecasting, Liquidity Management and FX hedging services. The three biggest vendors are Kyriba, Reval and Sungard....read more
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June 03, 2014 NewsThinking Big‘Big Data is not a problem, it is an opportunity.’ This may sound like the kind of empty mantra beloved of assertiveness counsellors or lifestyle gurus, but in this case the statement might be...read more
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June 03, 2014 NewsMaking a success of supplier financeCharacterised by smoke and mirrors, supplier finance is seen by many as something of a dark art. In reality, it is a practical means of enabling key suppliers to secure an early cash flow...read more
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June 03, 2014 NewsShine a Light – Use Technology To Gain Better Visibility Of Your Company’s CashCash visibility is fundamental for corporate treasurers to do their jobs. Visibility must be both timely and accurate, to enable a series of effective financial decisions to be made. Organisations that lack perfect visibility...read more
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June 02, 2014 NewsHas Optimal Cash Visibility Been Achieved? (Media Coverage)Cash visibility plays a key role in enhancing financial decision-making. While there are challenges to achieve a 90% or greater real-time visibility into cash, there are also the tools available to help all corporates...read more
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June 02, 2014 NewsTreasury’s Strategic Influence Growing, but Still a Gap for Corporates, Finds Kyriba / ACT researchTop concerns for the treasury team include global trade, economic change, FX risk and lack of visibility into liquidity and cash forecasts LONDON, May 14, 2014: Treasury teams are taking a more active role in...read more
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June 02, 2014 NewsKyriba Enterprise SuiteApp Achieves “Built for NetSuite” VerificationNew SuiteApp meets the NetSuite SuiteCloud platform’s development standards and documented best practices NETSUITE SUITEWORLD 2014, San Jose, Calif., May 14, 2014 – Kyriba, a leader in cloud-based treasury management solutions, announced today that the...read more
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June 02, 2014 NewsFour in Five Companies Targeted for Financial Fraud, Shows Kyriba PollA fifth of organizations still fail to update fraud prevention processes SAN DIEGO, APRIL 23, 2014 – Financial fraud is still rampant among U.S. businesses, says a survey conducted by Kyriba. According to the survey, 78.4...read more
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June 02, 2014 NewsKyriba Sees Record Client Acquisition Numbers in Q1 2014Forty-five new clients signed worldwide, driving 30 percent year-on-year same-quarter growth SAN DIEGO - April 22, 2014 – Kyriba, the leader in cloud-based treasury management solutions, signed a record number of clients during Q1 2014. The...read more
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June 02, 2014 NewsStatement from Kyriba regarding the OpenSSL Heartbleed flawKyriba clients unaffected by the vulnerability Many of you will have seen the news highlighting the recently-discovered OpenSSL Heartbleed security flaw, and its impact on web application security. We know that the security of our clients'...read more
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June 02, 2014 NewsPoll: Finance Pros Postponing Progression from Prehistoric Platforms and PracticesKyriba survey finds 75 percent of companies still reliant on spreadsheets to run treasury and cash management, while 68 percent say they are inefficient or inaccurate SAN DIEGO, April 1, 2014 – Three-quarters of organizations...read more
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June 02, 2014 NewsKyriba Highlighted as Fastest-Growing Pure SaaS Treasury and Risk Software VendorApps Run Treasury calls out Kyriba’s 27 percent annual growth in subscription revenues SAN DIEGO, March 31, 2014 - Kyriba, the leader in cloud-based treasury management software, has been highlighted as the fastest-growing pure software-as-a-service (SaaS) treasury...read more
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March 04, 2014 NewsKyriba Appoints Catherine Moore as SVP of Human ResourcesTechnology HR leader to drive global talent management, recruitment and workforce planning SAN DIEGO, March 4, 2014 - Kyriba, the leader in cloud-based treasury management solutions, has appointed Catherine Moore as senior vice president...read more
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February 18, 2014 NewsKyriba Continues Asian Expansion with Launch of Kyriba SEA, Headquartered in Singapore; Hires Michael Fullmer as Managing DirectorMichael Fullmer appointed as managing director to drive regional sales SINGAPORE, February 19, 2014 — Kyriba, the leader in cloud-based treasury management solutions, has established its ASEAN headquarters, with the opening of an office...read more
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February 18, 2014 NewsKyriba Signs 120 New Clients in 2013, Ends Year With Highest Bookings Quarter to DateCloud treasury leader reports 30 percent year-on-year growth SAN DIEGO – February 18, 2014 – Kyriba, the leader in cloud-based treasury management solutions, closed 2013 with a record-breaking fourth quarter. The company had record...read more
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February 10, 2014 NewsBye-Bye Spreadsheets – Hello In-Memory Cloud Financial ToolsIt's time to cull some of the spreadsheets that finance (and operational) executives are using. Better, more powerful tools can crunch accounting, operational and external data (together!) in seconds via in-memory cloud solutions. Better...read more
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February 10, 2014 NewsThe future is in bits (and bytes)More risk, more regulation, more data, more analysis; these are the watchwords for treasury technology as we move into 2014. Treasury Today rounds up a selection of industry players and asks them what they...read more
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February 06, 2014 NewsIt pays to invest to beat the cyber crime lordsOne of the challenges of persuading corporations to take cybercrime seriously is complacency – many assume that hackers are only interested in banks or that because attacks are rarely publicised, they are not that...read more
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January 22, 2014 NewsMoving Into a Strategic RoleIn many corporate finance departments, siloed data, systems, and processes hamper communication and hamstring efficiency. Treasury groups that can tear down those silos not only provide better support to the company, but also position...read more
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January 21, 2014 NewsKyriba Partners GRC for Emir ReportingGlobal Markets Exchange Group-backed GRC has announced a partnership with Kyriba, enabling the vendor's clients to implement a reporting system that complies with European Market Infrastructure Regulation (Emir) requirements.read more
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January 17, 2014 NewsKyriba Partners with GRC to Help Organizations Deliver EMIR ComplianceGlobal SaaS treasury management leader to provide comprehensive trade reporting functionality PARIS, January 20, 2014 - Kyriba, the leader in cloud-based treasury management solutions, has partnered with Global Reporting Company (GRC) to provide its...read more
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January 06, 2014 NewsFive Accounts Payable Trends and Predictions for 20142014 is going to be an exciting time for the technology providers in the AP and P2P space as well as for organizations using these technologies. For far too long, AP operations have dealt...read more
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December 11, 2013 NewsThe keys to better treasury: ERP vs TMSWhen treasury gets the chance to invest in its systems, should it choose an ERP treasury module, or a dedicated niche TMS? It’s not often that treasury gets to spend. It manages the cash...read more
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November 26, 2013 NewsTMS: Channel for InnovationEvery year, we feature a cover story in TMI on the subject of treasury management technology and every year it becomes more difficult. In some years, speaking frankly, there has not been much that...read more
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November 20, 2013 NewsKyriba Expands into Risk Management and MoreNovember 08, 2013 By Hilary Kabak This is the first in a series of TMS profiles focusing on NeuGroup member experiences with alternatives to the Big Two. As the treasury management system (TMS) market...read more
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November 13, 2013 NewsKyriba Ranked 338th Fastest Growing Company in North America on Deloitte’s 2013 Technology Fast 500™SAN DIEGO, November 13, 2013 — Kyriba, the leader in cloud-based treasury management solutions, today announced it ranked 338th on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications,...read more
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November 07, 2013 NewsTearing Down Cash SilosAs Murphy USA prepared for its spinoff from Murphy Oil two months ago, cash management was a key concern. The new company wouldn’t be able to borrow as easily as Murphy Oil can, so...read more
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October 25, 2013 NewsAre treasurers seizing the compliance opportunities in SEPA, IFRS9, OTC changes?Regulatory compliance is a headache for every treasurer and chief financial officer (CFO), says Bob Stark, vice president of market strategy at Kyriba, in this blog examining the regs facing finance professionals. The single...read more
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October 25, 2013 NewsKyriba Launches Proactive Treasury Management – Delivering Integrated Solutions to Better Anticipate Market VolatilitySaaS leader unveils next generation of successful treasury strategy, to enable forward-thinking finance departments to optimize their cash, manage their risk and work their capital LAS VEGAS – October 28, 2013 – Kyriba, the...read more
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October 22, 2013 NewsKyriba Closes Q3 with 82 Percent Growth in YTD New Business BookingsSaaS treasury software leader makes huge strides with new clients including Eurostar and National Tax Search, major funding round and senior team hires SAN DIEGO – October 23, 2013 – Kyriba, the leader in...read more
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October 10, 2013 NewsTiMS: the aspirin for your regulatory headaches?According to estimates by Thomson Reuters, 60 new financial rules are announced, on average, across the globe every working day. Naturally, treasurers for large multinationals are going to find that staying abreast in such...read more
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October 07, 2013 NewsEurostar Selects Kyriba to Enhance Treasury and Risk Management CapabilitiesSaaS TMS platform to provide better visibility and enhance controls around liquidity; enable payments LONDON – October 9, 2013 – Kyriba, the leader in cloud-based treasury management solutions, has been appointed by Eurostar International to deliver...read more
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September 24, 2013 NewsKyriba ernennt Hamza Benmar zum CFO und Thomas Butta zum CMODie Ernennungen unterstreichen Kyribas Anspruch einen innovativen Mehrwert für den modernen CFO zu schaffen San Diego (CA), Frankfurt (Germany) - 24.09.2020 - Kyriba®, der Weltmarktführer im Bereich cloudbasierter Finanz- und IT-Lösungen hat heute die...read more
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September 18, 2013 NewsEnterprise Software Veteran Jeff True Joins Kyriba as SVP Sales and Channels, North AmericaSaaS treasury leader appoints ex-Websense global VP to head direct and partner sales programs SAN DIEGO – September 24, 2013 – Kyriba, the leader in cloud-based treasury management solutions, has appointed former Websense executive Jeff True...read more
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September 13, 2013 NewsKyriba and CGI to Deliver Seamless Cloud-Based Trade Finance CapabilitiesSaaS treasury management leader to leverage CGI Trade360’s multi-bank modules for bank guarantees and letters of credit DUBAI, UNITED ARAB EMIRATES – September 17, 2013 – Kyriba, the leader in cloud-based treasury management solutions, and CGI...read more
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September 13, 2013 NewsKyriba Announces Shortlist for 2013 Client Recognition AwardsSaaS treasury management leader to recognize client success and innovation at Kyriba Live! conference, September 17, in Chicago SAN DIEGO – September 13, 2013 – Kyriba, the leader in cloud-based treasury, announces the shortlist for its...read more
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September 10, 2013 NewsCloud financial accounting: Not just for SMBs anymoreAdaptive Planning and Kyriba show that large enterprises are also embracing cloud solutions for critical financial tasks. Is the chasm being crossed for large enterprises, too?read more
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September 06, 2013 NewsPlan ahead to sidestep treasury management system implementation snagsIt's relatively easy for treasury departments to manage a few bank accounts, but once a company has multiple banking relationships in multiple currencies with multiple risk factors spread around the globe, the job becomes...read more
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September 04, 2013 NewsKyriba Japan Appoints Jun-ichiro Kuwano as Managing DirectorSaaS treasury leader brings on former Oracle, RightNow executive to spearhead sales operations TOKYO – September 5, 2013 – Kyriba, the leader in cloud-based treasury management solutions, has appointed former Oracle and RightNow Technologies executive, Jun-ichiro...read more
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September 03, 2013 NewsIs the Corporate World Ready for Bitcoin?Virtual currencies are not a new phenomenon. From credit card reward points and airline miles to dotcom-bust casualty Beenz and Second Life’s Linden Dollars, virtual currencies have been in existence in one form or...read more
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August 13, 2013 NewsS.D. Software Firm Raises $18.2mKyriba, a San Diego software firm that helps corporations manage their cash, said it has received $18.2 million in a second round of venture capital funding. New investor Daher Capital led the round, with existing...read more
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August 13, 2013 NewsKyriba Named 2013 Ventana Research Technology Innovation Award Winner for Financial ManagementKyriba Enterprise SaaS platform honored for its commitment to leadership in strategic treasury management. SAN DIEGO – August 15, 2013 – Kyriba, the leader in cloud-based treasury management solutions has been named by Ventana Research as...read more
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August 06, 2013 NewsKyriba Closes $18.2 Million Series B Financing RoundAdds new investor to solidify infrastructure, drive continued growth and innovation SAN DIEGO – August 13, 2013 – Kyriba, the leader in cloud-based treasury management solutions, has completed an $18.2 million round of Series B funding....read more
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August 05, 2013 NewsStrengthening financial visibility for improved risk management (Media Coverage)New research shows that large businesses are continuing to identify risk management and corporate governance as pressing financial priorities. To achieve true visibility into these areas, corporate treasurers need detailed insight and accurate forecasting...read more
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August 01, 2013 NewsSeeding the cloudCloud computing and the Software-as-a-Service (SaaS) delivery mechanism which is one aspect of it - where the treasury management system (TMS) is hosted by the vendor, effectively outsourcing the technology, connectivity and maintenance -...read more
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July 23, 2013 NewsTreasury management software primer: How and why to buyThe corporate treasury space is changing fast, analysts say, and more companies are beginning a push to standardize and optimize treasury functions across the enterprise. The right treasury management software, if implemented well, enables...read more
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July 15, 2013 NewsUpdate to Cloud-Based TMSNew FX-related workflows and better support for eBAM and SEPA are highlights of the latest release of the Kyriba platform.read more
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July 12, 2013 NewsKyriba Powers Compliance and Financial Risk Readiness with Latest ReleaseSaaS treasury management platform offers advanced FX exposure workflows, enables global organizations to prepare for SEPA regulations and eBAM SAN DIEGO – JULY 15, 2013 – Kyriba, the leader in cloud-based treasury management solutions, has released...read more
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July 08, 2013 NewsSupply Chain Finance Inertia Costing Corporates Billions; Kyriba / Aite Group Research Highlights Opportunities for CFOs to Grow Company ValueGap between corporations’ desire to introduce reverse factoring and dynamic discounting, and implementation of processes and programs to be discussed on July 11 webinar SAN DIEGO – July 9, 2013 – The vast majority of treasury...read more
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July 08, 2013 NewsSwaps Rules in Limbo as CFTC Deadline About to HitFinancial firms are facing a looming deadline for new rules on the global trading of derivatives, without any clear sense of what final decision the Commodity Futures Trading Commission might make. Then again, for...read more
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July 01, 2013 NewsKyriba Opens Registration for Kyriba Live! North America Client Conference 2013Cloud financial software leader to unveil the future of strategic treasury, liquidity and risk management, in Chicago, on September 17, 2013 SAN DIEGO – July 1, 2013: Kyriba, the leader in cloud-based treasury management...read more
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July 01, 2013 NewsE-channels evolution: the strategic approach to treasuryOver the past decade, the technology that treasurers of large corporations have at their fingertips has developed significantly. What began as the basic yet functional treasury workstation (TWS), turned quickly into the more nimble treasury...read more
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June 27, 2013 NewsL’optimisation des coûts reste une priorité pour les entreprises (in French)La réduction des coûts reste une nécessité pour les entreprises et en particulier pour les DAF qui entendent que les métiers de l’entreprise se focalisent sur des tâches à plus forte valeur ajoutée. Pour...read more
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June 26, 2013 NewsWhy cloud matters to treasuryBob Stark, vice president of strategy, Kyriba, explains why cloud delivered SaaS solutions offer more value to CFOs and treasurers than ASP or installed systems. Cloud technology is commonplace in virtually every aspect of...read more
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June 24, 2013 NewsWhat keeps the corporate treasurer up at night? (Media Coverage)If you look down the annual lists of the most stressful jobs, the corporate treasurer never appears in the top ten. While treasurers certainly don’t face anywhere near the level of acute stress as...read more
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June 20, 2013 NewsBitcoin as a serious business currency: good, bad, or who cares? (Media Coverage)Bitcoin (BTC) is a virtual currency that was initially created for peer-to-peer eCommerce, to replace the costly and frequent currency conversions required to transact across borders. It has been in existence (or, you could...read more
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June 20, 2013 NewsSpanning the Globe – Cunningham Lindsey case studyAcquisitions make life difficult for the people working within the company doing the acquiring, particularly for a global company that deals with different languages and currencies. Cunningham Lindsey is just such a firm.Operating in...read more
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June 19, 2013 NewsKyriba Enhances Client Experience with Online Community for Ideation, Peer-to-Peer Collaboration and Best Practice SharingGlobal SaaS vendor introduces Kyriba Social, treasury and risk management industry’s first social support platform SAN DIEGO – June 19, 2013: Kyriba, the leader in cloud-based treasury management solutions, has launched Kyriba Social, an...read more
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June 17, 2013 NewsTreasurers: Ditch Excel and free-up your dayCorporate treasurers should leave labour-intensive spreadsheets alone and release release time for more strategic activities. It’s time to cut the apron strings, argues Kyriba director Tim Wheatcroft. Despite the widespread availability of dedicated tools,...read more
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June 17, 2013 NewsTreasury management: socializing (and Improving) through your TMSKyriba launches a crowd-sourced support platform for its TMS users. All-cloud treasury-management system provider Kyriba has launched Kyriba Social, a social support platform for users of its treasury management services. By providing a platform...read more
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June 04, 2013 NewsReal-time financeCloud-delivered SaaS solutions present excellent value for modern CFOs and treasurers – making it significantly easier to improve the efficiency of the treasury team, says Bob Stark, vice president of strategy, Kyriba.read more
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June 03, 2013 NewsFour tips for integrating mobile cloud applications into your treasury department (Media Coverage)The global enterprise mobility market is expanding at a rapid rate – predicted to bring in $140 billion a year by 2020. As the market continues to expand, so do the varying needs of...read more
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June 03, 2013 NewsTaking the pulseIn early 2013, the ACT conducted a survey of treasury and finance professionals in conjunction with cloud-based treasury management system vendor Kyriba. The goal of the research was to take the pulse of treasurers...read more
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May 29, 2013 NewsManaging treasury in the cloudThere has been major growth in adoption of cloud-based treasury management systems by large and mid-market corporations. Cloud technology offers easier implementation and cost-savings compared to treasury systems that corporations host themselves, Robin Arnfield...read more
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May 28, 2013 NewsOffering SCF to your suppliers will become a “must-have”A growing number of TMS suppliers provide some form of SCF solutions. Kyriba, a leading supplier of TMS solutions in the cloud, have been providing a Supply Chain Finance service since early 2012 to...read more
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May 22, 2013 NewsRole of treasury in risk and governanceCorporate treasurers have a key role to play in managing risk and supporting corporate governance within their organisations. Different types of risk require different mitigation techniques, but whatever the risk, gaining visibility and control over...read more
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May 22, 2013 NewsACT/Kyriba survey reveals core prioritiesDuring March and April 2013, Kyriba, in conjunction with the Association of Corporate Treasurers (ACT) conducted an online survey of treasury and finance professionals, all members of the Association. Respondents were asked to state...read more
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May 14, 2013 NewsSaaS Veteran Mike Zinne Joins Kyriba as Chief Client Officer to Spearhead Client Success DivisionCloud treasury management leader appoints ex-Oracle and RightNow executive to oversee global solutions consulting, professional services, support, and account management teams SAN DIEGO – May 14, 2013 – Kyriba, the leader in cloud-based treasury management solutions,...read more
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May 10, 2013 NewsTreasury management systems boost productivityA recent survey by Kyriba of members of the Association of Corporate Treasurers (ACT) provides statistical confirmation of something finance executives have known for years: Spreadsheets are not the most efficient tool for managing the...read more
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May 07, 2013 NewsTreasury teams seeking greater technology, says surveyAlmost 50% of companies are still dependent on spreadsheets to manage their cash position and forecasting, according to a survey of more than 250 treasury professionals by Kyriba and the Association of Corporate Treasurers...read more
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April 30, 2013 NewsCorporate Treasurers’ Strategic Ambitions Thwarted by Outdated Technology and Manual Processes, Find Kyriba and the ACTSurvey by Kyriba and the Association of Corporate Treasurers reveals treasury teams want to provide deeper insight, but still spend most time and effort on core operational tasks LONDON – May 1, 2013 –...read more
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April 26, 2013 NewsKyriba Smashes Growth and Revenue Records in Q1 with 84 Percent Annual MRR IncreaseCloud treasury management leader boosts North American new business bookings by 138 percent over previous year; appoints ex-Oracle, RightNow VP as president SAN DIEGO – April 30, 2013 – Kyriba, the leader in cloud-based...read more
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April 25, 2013 NewsKyriba to Launch Strategic Treasury Survey at Association of Corporate Treasurers (ACT) Annual ConferenceGlobal cloud treasury management system leader to demonstrate technology and discuss treasury trends at stand 48, BT Conference Centre, Liverpool Waterfront, May 1-3, 2013 LONDON – April 26, 2013 – Kyriba, the leader in...read more
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April 12, 2013 NewsRisks/Rewards of Moving Treasury to the CloudCloud computing is ubiquitous among consumers and small and middle-market businesses (SMBs), and is rapidly infiltrating day-to-day enterprise operations. Yet chief financial officers (CFOs) and treasurers are often slower than their colleagues across business...read more
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April 10, 2013 NewsQuicker Access to Cash… at a PriceSupply chain finance (SCF) is a term of recent coinage that refers to a specific set of tasks within the financial supply chain. SCF in fact is not so much a discipline as it...read more
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April 09, 2013 News4 Leadership Skills That Hobbies Help BuildWhen Jean-Luc Robert, CEO of San Diego, Calif.-based Kyriba wants to blow off some steam, he straps on his skis and jumps out of a helicopter. Robert is an avid heli-skier and adventure sports...read more
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April 02, 2013 NewsTreasurers Take on a Bigger Role in M&A DealsThis year is shaping up as a promising one for mergers and acquisitions. A recent Merrill Datasite/mergermarket report, “The Future of M&A in the Americas,” says 2013 is off to “frenzied start,” with more...read more
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April 02, 2013 NewsKyriba Shows Big Firms The Money and MoreTECH: Software Delivers Secure Cloud-Based Cash Management Cash management may sound dull, but not if you’re handling billions of dollars daily for some 750 customers, including major multi- national corporations such as Qualcomm Inc....read more
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April 01, 2013 NewsEighty-Eight Percent of Businesses Lack Financial Risk Visibility, Finds Kyriba®Survey reveals wide variances in corporate risk exposure preparedness SAN DIEGO – April 2, 2013: Only 12 percent of organizations have full visibility over all their financial risk factors, according to a recent survey...read more
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March 29, 2013 NewsBiggest challenge is not to stifle legitimate goalsTraditionally, the role of a chief financial officer has been to look after the company books using spreadsheets and finance modules built into enterprise resource planning (ERP) suites from the likes of SAP, Oracle, NetSuite and others. But that...read more
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March 27, 2013 NewsBig brands warm to Cameron’s lending callUK Prime Minister David Cameron invited leaders from FTSE 100 companies to Downing Street last October to urge them to sign up to supply chain financing programmes and boost financial support to their suppliers.read more
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March 27, 2013 NewsBest Treasury and Cash Management Providers 2013: System And Services WinnersKyriba is one of few treasury system providers that are purely SaaS-based. Jean-Luc Robert, chairman and CEO of Kyriba, says SaaS is rapidly becoming the dominant delivery method for treasury technology. “The ability ......read more
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March 22, 2013 NewsTreasury Teams Seeing Deeper Integration in Corporate Decision-Making, Finds Kyriba®Survey shows that 58 percent view themselves as a strategic partner, driving value across the organization SAN DIEGO, March 26, 2013: Treasury teams are providing deeper strategic value to their organizations, according to a...read more
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March 19, 2013 NewsSocGen Tames Euro Risk With Web-Based LendingFrench bank Société Générale SA is boosting its financing capabilities to suppliers thanks to a Web-based platform it says will keep the wheels of commerce turning despite ongoing risks to Europe’s financial system, illustrated...read more
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March 19, 2013 NewsThe End of the OfficeCorporate finance departments are now operating in an increasingly flexible and mobile way due to a number of technological innovations that allow us all to work ‘on the go’. Among the innovations are new apps...read more
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March 07, 2013 NewsKyriba® and Dollar Financial to Address the Future of Treasury as a Strategic PartnerWebinar will highlight opportunities for finance departments to generate new business value, March 14, 2013 at 2 p.m. EDT SAN DIEGO, March 7, 2013: Kyriba, the leader in cloud-based treasury management solutions, today announced...read more
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March 06, 2013 NewsKyriba and URS Corporation to Discuss Business Value of Treasury Management at ProformaTECH 2013SAN DIEGO – March 6, 2013 – Kyriba, the leader in cloud-based treasury management solutions, today announced that the company will lead a session on creating value through the use of treasury technology and...read more
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March 05, 2013 NewsNetwork World Products of the WeekThe Kyriba Pro solution for mid-market companies enables treasurers and CFOs to streamline and automate daily treasury management tasks, improve cash forecasting and visibility and make more informed financial decisions.read more
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February 25, 2013 NewsKyriba Brings Treasury Management Best Practices to the Mid-MarketKyriba Pro automates tasks, improves financial controls, and delivers cash visibility and forecasting SAN DIEGO - February 26, 2013 – Kyriba, the leader in cloud-based treasury management solutions, has launched Kyriba Pro, providing a...read more
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February 13, 2013 NewsKey Customer Contracts Help Boost Kyriba Sales 36%Kyriba, a San Diego firm that provides cloud-based treasury solutions, said its sales last year increased 36 percent, bringing the total to a range of $30 million to $35 million. Among key customer wins...read more
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February 13, 2013 NewsIs the CFO the last man standing when it comes to the cloud? (Media Coverage)While corporations have embraced cloud technology for everything from customer relationship management to recruitment, one area of the business has lagged behind. CFOs and treasurers are often slower to bring their systems into the...read more
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February 13, 2013 NewsCorporate treasury: supporting the return to sustainable growthMoving beyond day-to-day treasury management and taking a more proactive approach to cash forecasting and supply chain finance could put treasurers in the driving seat in improving financial efficiencies and boosting liquidity for the...read more
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February 01, 2013 NewsKyriba Closes 2012 with 36 Percent Revenue Jump and Outlines 2013 Growth StrategySaaS treasury software leader ends record-breaking year with high profile corporate, client and technology milestones SAN DIEGO, February 4, 2013 – Kyriba, the leader in cloud-based treasury management solutions, today announced the closing of a...read more
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January 02, 2013 NewsTreasury Technology: There’s an App for ThatTreasury management systems (TMS) have become impressively sophisticated since the early days of telex machines (which I battled with daily) blue screens (which I didn’t understand) and mile-long perforated paper with holes along the...read more
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December 31, 2012 NewsHow companies track their stockpiles of cashJean-Luc Robert aims to brighten the day of corporate treasurers and chief financial officers as soon as they sit down at their desks first thing each morning. And he wants to do it with...read more
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December 20, 2012 NewsTreasurers Weigh Moves for End of FDIC ProgramCorporate treasurers say they’ll be measured in how they move cash around when the Federal Deposit Insurance Corp’s unlimited guarantee on non-interest bearing bank accounts expires on Dec. 31, despite concerns that they’ll flood...read more
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December 19, 2012 NewsBloomberg: Fed Seen Aggressively Hiking to 5% Triggering Global RecessionSurvey of economists sees 75 basis-point hike, then slowing. Three-quarters say the Fed will err by doing too much. Federal Reserve officials will maintain their resolutely hawkish stance next week, laying the groundwork for...read more