News

 
May 23, 2019

Kyriba to offer real-time payments through J.P. Morgan’s API

Cloud treasury and finance solutions provider, Kyriba, has launched a real-time payments (RTP) service through J.P. Morgan’s API.

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May 22, 2019

How Trek Bicycles enhanced its global operations while mitigating payment fraud

At 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 TMS. We report on the session.

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May 22, 2019

Centralizing Payments Across 100 Markets Around the World

As 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.

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May 22, 2019

This $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, in an interview with Business Insider.

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May 10, 2019

Calmer FX markets sees fewer US multinationals hedge

Relatively 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 volatility, reports Reuters.

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May 9, 2019

Corporate currency hedging slows as FX volatility slumps

The 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 lows.

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May 3, 2019

The Daily Shot: Labor Costs Show no Sign of Wage-Driven Inflationary Pressures

How much of concern is the rising dollar? Some firms have already been negatively impacted in the second half of last year.

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May 2, 2019

Unnecessary 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.

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May 1, 2019

A strong dollar is weighing on earnings, report says

Multinational 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 earnings calls.

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