Kyriba News

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...

Corporate 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...

North 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...

This 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,...

Slowdown 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...

Kyriba’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...

  Kyriba 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...

The 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...

Paris - 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...

Currency 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...

The 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.

European 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.

CFOs 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...

Corporates are taking a big punt on markets remaining relatively benign, given their apparent lack of confidence in existing FX technology and systems.

This 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,...

In 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...

Corporate 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...

Digital 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...

Kyriba’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,...

Transformative 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...

Understanding 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....

European 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.

Recognized 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...

Part 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...

Foreign-exchange volatility cost North American and European companies $22.5 billion in the first quarter, when a weaker dollar proved beneficial to US multinationals.

Andy Gage, senior VP of FX solutions at Kyriba, talks FX headwinds and solutions deployed by firms to mitigate currency risks.

What 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....

July 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...

Kyriba 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...

Corporate 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...

Global 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....

In 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...

Firms 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.

The 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...

The 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.

FX 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...

Originally 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...

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...

This 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...

Solution 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...

Annual 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...

Russia's attempts to topple the US dollar are unlikely to work, even as the country partners with China on an alternative reserve currency.

The 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,...

In 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...

Currency 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...

Finance chiefs last year took advantage of relatively low rates in other countries by swapping their debt payments into different currencies. Those dynamics are shifting.

US dollar volatility will have the biggest impact on APAC treasurers’ ability to predict cash flows and earnings in 2023, the Kyriba team believes.

The 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...

January 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...

Currency 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...

Steps 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...

Liz 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...

The 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...