US Bank partners Kyriba for real-time business payments solution
San Diego-based cloud treasury and finance solution provider Kyriba has partnered with US Bank to modernise real-time payments for businesses.
Kyriba partners US Bank for real-time business payments
Kyriba’s API Connectivity Network integrates banks, enterprise resource planners (ERPs), trading portals, data services and payment apps using pre-built connectors to minimise IT installation time and cost.
US Bank and Kyriba clients can now send instant payments to vendors, customers and employees from the existing Kyriba dashboard, as well as payments via the Zelle app.
The new solution also provides businesses real-time visibility into bank account balance and transaction reporting, which helps improve cash flow management.
US Bank head of global payables and embedded payments, Anu Somani, says: “With real-time APIs, we’re meeting our customers where they are, easily embedding our payment solutions directly into their existing systems.”
Bob Stark, global head of market strategy at Kyriba, says the partnership enables Kyriba customers to reduce payments costs, strengthen supplier relationships, and improve cash visibility and forecasting.
Kyriba’s scalable Software-as-a-Service (SaaS) platform leverages artificial intelligence and automates payments workflows to enable multinationals and banks to “maximise growth, protect against loss from fraud and financial risk and reduce operational costs”.
