Friday, February 21, 2020

Kyriba Payments Network launched for global CFOs to combat payments fraud

KUALA LUMPUR, Feb 20 — Kyriba, the global leader in cloud treasury and finance solutions, has launched the Kyriba Payments Network to address the growing CFO mandate to combat payments fraud, centralise payments and unlock organisational efficiency.
The new payments network provides corporations with real-time fraud detection and access to machine learning-driven payments anomalies detection.
It is also able to dramatically accelerate corporate ERP cloud migration projects, streamline global bank connectivity and format transformation projects.
“CIOs are challenged with finding ways to accelerate ERP projects and reduce payments transformation costs against a larger backdrop of increasing payments fraud and keeping up with market innovations, such as real-time payments,” said Kyriba’s chairman and chief executive officer, Jean-Luc Robert.
“CFOs, in partnership with the C-Suite and their Boards, are demanding payments efficiencies.
”The Kyriba Payments Network is a core pillar of Kyriba’s cloud-based Active Liquidity Network that delivers cash, liquidity, payments, working capital and risk management to enterprise CFOs.
The company will showcase its Payments Network at Kyriba Live Treasury & Finance Summit in Las Vegas from Feb 24 to 26. More details at http://www.kyriba.com.
— BERNAMA

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