Latest news with #Kyriba
Associated Press
13-05-2025
- Business
- Associated Press
Kyriba Unveils Agentic AI TAI to Transform Finance with Security, Compliance & Trust
SAN DIEGO--(BUSINESS WIRE)--May 13, 2025-- Kyriba, a global leader in liquidity performance, today introduced its agentic AI solution, TAI – a significant advancement in the safe, compliant use of generative AI in finance operations to improve productivity and efficiency amid continued economic uncertainty. Powered by Kyriba's embedded Large Language Model (LLM) and over 20 years of unmatched global liquidity data, TAI simplifies complex workflows, identifies risks with predictive analytics, and enhances data-driven decision-making across treasury, payments, risk management and working capital. Poised to transform finance and treasury operations without relying on third-party LLM integrations, TAI is a key component of Kyriba's Trusted AI portfolio. This platform-wide approach prioritizes industry-leading data privacy while empowering enterprise leaders to make faster, smarter decisions with human judgement and responsibility at the center. Kyriba's approach directly addresses the 'Trust Gap' – the growing divide between the promise of AI-driven financial transformation and the fear of security and privacy risks. A new Kyriba survey * of CFOs and treasury leaders in the US, UK, France and Japan reveals that while 53% view AI as the most significant transformation to their role over the next five years, 76% are concerned that security or privacy risks could undermine their organization's financial health. 'While many are racing to churn out 'autonomous' finance solutions, we're hearing what leaders are really saying: adopting AI shouldn't mean compromising on security, control, or risk standards in finance and treasury. As companies continue to face economic volatility, TAI was designed to optimize liquidity performance with nimble, data-driven insights – plus the assurance of integrity, visibility and ownership,' said Kyriba Chair and CEO Melissa Di Donato. TAI will be showcased at the company's annual customer conference, KyribaLive, beginning today in Orlando. Attendees will hear from Kyriba executives, industry leaders, partners and customers, including members of Kyriba's Co-Innovation Lab that piloted TAI's agentic AI capabilities such as Sodexo, Koch, Inc. and Mews. 'While leveraging AI to realize greater efficiency is top of mind, the safety and security of our data is paramount. I appreciate seeing firsthand how Kyriba puts transparency and human oversight at the forefront. As a Co-Innovation Lab member, I am optimistic about TAI's potential to enhance our treasury and payment processes, and look forward to its continued evolution,' said Yoann Kremer, Systems & Projects Manager - Enterprise Liquidity Management, Sodexo. 'Trust is phenomenally important for us at this stage as a key pivot issue for AI adoption – being able to determine if the 'right' answer is a 'true' answer. Trust is critical right now in helping to build confidence,' said Meaghan Downs, Sr. Analyst, Global Payment Solutions, Koch, Inc. 'As a scale up, we are really nimble and agile and we want to be ahead of the trend. This was a great opportunity to see how we can integrate AI into the treasury workflows by automating the repetitive tasks and focusing our time on being more productive – allowing us to focus on the decisions that we need to make to take the company forward,' said Hemant Godhwani, Head of Corporate Finance & Treasury at Mews. Transcending traditional financial tools by addressing liquidity challenges, the Trusted AI portfolio also offers innovative solutions like Cash AI, Invoice AI and Fraud Detection AI across Kyriba's product pillars. 'We're hearing loud and clear that finance leaders are excited about the potential of automation – but remain skeptical about oversight, ethics and workforce impact. Kyriba's agentic AI addresses these concerns head on with its embedded and compliant LLM approach designed to augment – not replace – human expertise, which I expect the market will welcome wholeheartedly,' added Kevin Permenter, IDC Senior Research Director, Financial Applications. Kyriba customers can preview TAI at Kyriba User Groups and KyribaLive Exchange (KLX) events around the world. For dates and locations, visit * Survey conducted Feb 18 - Mar 3, 2025 by CensusWide on behalf of Kyriba among 1,000 CFOs, Treasurers and senior financial decisionmakers working at companies with $100M+ in revenue across US, UK, France and Japan. About Kyriba Kyriba is the global leader in liquidity performance, empowering CFOs, Treasurers and IT leaders to connect, protect, forecast and optimize their liquidity amid economic complexity. As a secure and scalable SaaS solution trusted by 3,000 customers, Kyriba delivers intelligence and financial automation through innovative technologies – including its trusted agentic AI (TAI) – bringing precision, efficiency, and insight to financial operations. With an expansive ecosystem of banking, technology and consulting partners, Kyriba's platform powers more than 3 billion bank transactions and $15 trillion in payments across 9,900+ banks annually – helping companies gain enterprise-wide visibility, ensure financial stability, and outperform their business strategy. View source version on CONTACT: Media Contact: [email protected] KEYWORD: UNITED STATES UNITED KINGDOM FRANCE NORTH AMERICA EUROPE GERMANY CALIFORNIA FLORIDA INDUSTRY KEYWORD: TECHNOLOGY FINANCE APPS/APPLICATIONS CONSULTING ACCOUNTING PROFESSIONAL SERVICES ARTIFICIAL INTELLIGENCE PAYMENTS SOFTWARE NETWORKS DATA ANALYTICS FINTECH DATA MANAGEMENT SECURITY SOURCE: Kyriba Copyright Business Wire 2025. PUB: 05/13/2025 07:35 AM/DISC: 05/13/2025 07:34 AM
Business Wire
13-05-2025
- Business
- Business Wire
Kyriba Unveils Agentic AI TAI to Transform Finance with Security, Compliance & Trust
SAN DIEGO--(BUSINESS WIRE)--Kyriba, a global leader in liquidity performance, today introduced its agentic AI solution, TAI – a significant advancement in the safe, compliant use of generative AI in finance operations to improve productivity and efficiency amid continued economic uncertainty. Powered by Kyriba's embedded Large Language Model (LLM) and over 20 years of unmatched global liquidity data, TAI simplifies complex workflows, identifies risks with predictive analytics, and enhances data-driven decision-making across treasury, payments, risk management and working capital. Poised to transform finance and treasury operations without relying on third-party LLM integrations, TAI is a key component of Kyriba's Trusted AI portfolio. This platform-wide approach prioritizes industry-leading data privacy while empowering enterprise leaders to make faster, smarter decisions with human judgement and responsibility at the center. Kyriba's approach directly addresses the "Trust Gap" – the growing divide between the promise of AI-driven financial transformation and the fear of security and privacy risks. A new Kyriba survey* of CFOs and treasury leaders in the US, UK, France and Japan reveals that while 53% view AI as the most significant transformation to their role over the next five years, 76% are concerned that security or privacy risks could undermine their organization's financial health. 'While many are racing to churn out 'autonomous' finance solutions, we're hearing what leaders are really saying: adopting AI shouldn't mean compromising on security, control, or risk standards in finance and treasury. As companies continue to face economic volatility, TAI was designed to optimize liquidity performance with nimble, data-driven insights – plus the assurance of integrity, visibility and ownership,' said Kyriba Chair and CEO Melissa Di Donato. TAI will be showcased at the company's annual customer conference, KyribaLive, beginning today in Orlando. Attendees will hear from Kyriba executives, industry leaders, partners and customers, including members of Kyriba's Co-Innovation Lab that piloted TAI's agentic AI capabilities such as Sodexo, Koch, Inc. and Mews. 'While leveraging AI to realize greater efficiency is top of mind, the safety and security of our data is paramount. I appreciate seeing firsthand how Kyriba puts transparency and human oversight at the forefront. As a Co-Innovation Lab member, I am optimistic about TAI's potential to enhance our treasury and payment processes, and look forward to its continued evolution,' said Yoann Kremer, Systems & Projects Manager - Enterprise Liquidity Management, Sodexo. "Trust is phenomenally important for us at this stage as a key pivot issue for AI adoption – being able to determine if the 'right' answer is a 'true' answer. Trust is critical right now in helping to build confidence,' said Meaghan Downs, Sr. Analyst, Global Payment Solutions, Koch, Inc. 'As a scale up, we are really nimble and agile and we want to be ahead of the trend. This was a great opportunity to see how we can integrate AI into the treasury workflows by automating the repetitive tasks and focusing our time on being more productive – allowing us to focus on the decisions that we need to make to take the company forward,' said Hemant Godhwani, Head of Corporate Finance & Treasury at Mews. Transcending traditional financial tools by addressing liquidity challenges, the Trusted AI portfolio also offers innovative solutions like Cash AI, Invoice AI and Fraud Detection AI across Kyriba's product pillars. 'We're hearing loud and clear that finance leaders are excited about the potential of automation – but remain skeptical about oversight, ethics and workforce impact. Kyriba's agentic AI addresses these concerns head on with its embedded and compliant LLM approach designed to augment – not replace – human expertise, which I expect the market will welcome wholeheartedly,' added Kevin Permenter, IDC Senior Research Director, Financial Applications. Kyriba customers can preview TAI at Kyriba User Groups and KyribaLive Exchange (KLX) events around the world. For dates and locations, visit * Survey conducted Feb 18 - Mar 3, 2025 by CensusWide on behalf of Kyriba among 1,000 CFOs, Treasurers and senior financial decisionmakers working at companies with $100M+ in revenue across US, UK, France and Japan. About Kyriba Kyriba is the global leader in liquidity performance, empowering CFOs, Treasurers and IT leaders to connect, protect, forecast and optimize their liquidity amid economic complexity. As a secure and scalable SaaS solution trusted by 3,000 customers, Kyriba delivers intelligence and financial automation through innovative technologies – including its trusted agentic AI (TAI) – bringing precision, efficiency, and insight to financial operations. With an expansive ecosystem of banking, technology and consulting partners, Kyriba's platform powers more than 3 billion bank transactions and $15 trillion in payments across 9,900+ banks annually – helping companies gain enterprise-wide visibility, ensure financial stability, and outperform their business strategy.
Yahoo
12-05-2025
- Business
- Yahoo
Premier Liquidity Performance Event KyribaLive Showcases Treasury Leaders
13th annual gathering underway to help treasury and finance teams outperform SAN DIEGO, May 12, 2025--(BUSINESS WIRE)--Kyriba, a global leader in liquidity performance, today kicks off its Partner Summit ahead of KyribaLive 2025, the annual customer conference bringing together treasury and finance experts from around the world. KyribaLive stands as the premier liquidity performance event in the industry, where participants will gain valuable insights from thought leaders, expand their professional networks, and explore the latest AI-powered technologies designed to help organizations navigate and excel in today's uncertain economic landscape. This year's KyribaLive features a robust agenda of dynamic keynotes, technology demos, specialized breakout sessions, industry roundtables and CTP learning credit opportunities. With greater access to experts across process automation, AI analytics, risk management, working capital, bank integrations, and strategic treasury leadership, the event represents all facets of the Kyriba platform that empower thousands of customers to optimize their operations and cash flow. Impactful Partnerships Throughout the event, Kyriba partners will access the latest product offerings and training opportunities, be recognized for their achievements, and showcase their expertise in payments, treasury, FX, working capital and implementation. "As Kyriba continues to build upon our exceptional success, partnerships are increasingly vital to our growth trajectory. We are acutely focused on strengthening our global and local alliances, as well as expanding technology partnerships, that can deliver mutually beneficial impact to our valued partners and customers," said Andrea Delvo, Kyriba SVP, Partnerships & Alliances. The Partner Summit will highlight new partnerships, expanded collaboration and enhanced offerings, including: Morgan Money, a global trading platform developed by J.P. Morgan Asset Management. Morgan Money is now seamlessly available through Kyriba's API Marketplace, the largest in the treasury space. This integration leverages Kyriba's technology to provide their mutual customers with real-time investment workflows, demonstrating how API connectivity can help transform treasury and create tangible business value. Amazon Web Services (AWS), which has recently certified Kyriba through the AWS Financial Service Industry (FSI) Competency program. Achieving this competency certification assures our customer and partner ecosystem that Kyriba has met the high AWS standards for performance, security, and high availability as an innovative fintech partner. Kyriba, a multi-tenant SaaS platform deployed on AWS, also transacts through AWS' marketplace. Databricks, whose Data Intelligence Platform has been selected by Kyriba for its highly secure and flexible architecture, along with its strong commitment to open-source. Databricks has recently recognized Kyriba's innovative and open approach by welcoming Kyriba into its Built on Databricks partner ecosystem. Kyriba's improved Partner Portal. Beginning this Spring with features rolling out through the end of the year, the Kyriba Partner Portal aims to expedite and enhance partner onboarding and experience. New features include: streamlined sign-on, training resources, case and certification management, access to Kyriba's DUST platform, product release information, and much more. Impressive Achievements Expanding its annual awards program to feature new categories and selection criteria, Kyriba also recognized the dedication and superior liquidity performance impact of its customers. Among thousands of organizations, a selection of this year's honorees include: Apollo named Enterprise Liquidity Transformation of the Year for embracing technology for the optimal transformation and efficiency of their treasury and finance departments. Hartree Partners awarded Payments Innovator of the Year for their achievements in successfully centralizing and automating their treasury operations through Kyriba to support rapid growth, complex trading activities, and global expansion. McCormick & Co named Working Capital Program of the Year in recognition of its optimized cash flow through the company's supply chain program. By standardizing AP and SCF on Kyriba's platform, McCormick automated invoice and payment workflows across multiple banks and 300+ suppliers, minimizing manual workflows, transforming treasury operations and positioning the company to roll out globally as they continue their global ERP upgrade. Uber awarded FX Optimization of the Year for embracing Kyriba's FX module, and making great strides in managing FX exposure and risk. By automating data integration and optimizing hedging strategies, Uber has significantly reduced manual processes, enhanced financial stability, and set a new standard in global treasury excellence. Kyriba's signature KyribaLive Exchange (KLX) event series will kick off this summer, with regional events slated in Tokyo, Singapore, Riyadh, Dubai, London, Paris, Zurich, Milan and Madrid. To learn more, visit: About Kyriba Kyriba is the global leader in liquidity performance, empowering CFOs, Treasurers and IT leaders to connect, protect, forecast and optimize their liquidity amid economic complexity. As a secure and scalable SaaS solution trusted by 3,000 customers, Kyriba delivers intelligence and financial automation through innovative technologies, bringing precision, efficiency, and insight to financial operations. With an expansive ecosystem of banking, technology and consulting partners, Kyriba's platform powers more than 3 billion bank transactions and $15 trillion in payments across 9,900+ banks annually – helping companies gain enterprise-wide visibility, ensure financial stability, and outperform their business strategy. View source version on Contacts Media Contact: PR@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
12-05-2025
- Business
- Business Wire
Premier Liquidity Performance Event KyribaLive Showcases Treasury Leaders
SAN DIEGO--(BUSINESS WIRE)-- Kyriba, a global leader in liquidity performance, today kicks off its Partner Summit ahead of KyribaLive 2025, the annual customer conference bringing together treasury and finance experts from around the world. KyribaLive stands as the premier liquidity performance event in the industry, where participants will gain valuable insights from thought leaders, expand their professional networks, and explore the latest AI-powered technologies designed to help organizations navigate and excel in today's uncertain economic landscape. This year's KyribaLive features a robust agenda of dynamic keynotes, technology demos, specialized breakout sessions, industry roundtables and CTP learning credit opportunities. With greater access to experts across process automation, AI analytics, risk management, working capital, bank integrations, and strategic treasury leadership, the event represents all facets of the Kyriba platform that empower thousands of customers to optimize their operations and cash flow. Impactful Partnerships Throughout the event, Kyriba partners will access the latest product offerings and training opportunities, be recognized for their achievements, and showcase their expertise in payments, treasury, FX, working capital and implementation. 'As Kyriba continues to build upon our exceptional success, partnerships are increasingly vital to our growth trajectory. We are acutely focused on strengthening our global and local alliances, as well as expanding technology partnerships, that can deliver mutually beneficial impact to our valued partners and customers,' said Andrea Delvo, Kyriba SVP, Partnerships & Alliances. The Partner Summit will highlight new partnerships, expanded collaboration and enhanced offerings, including: Morgan Money, a global trading platform developed by J.P. Morgan Asset Management. Morgan Money is now seamlessly available through Kyriba's API Marketplace, the largest in the treasury space. This integration leverages Kyriba's technology to provide their mutual customers with real-time investment workflows, demonstrating how API connectivity can help transform treasury and create tangible business value. Amazon Web Services (AWS), which has recently certified Kyriba through the AWS Financial Service Industry (FSI) Competency program. Achieving this competency certification assures our customer and partner ecosystem that Kyriba has met the high AWS standards for performance, security, and high availability as an innovative fintech partner. Kyriba, a multi-tenant SaaS platform deployed on AWS, also transacts through AWS' marketplace. Databricks, whose Data Intelligence Platform has been selected by Kyriba for its highly secure and flexible architecture, along with its strong commitment to open-source. Databricks has recently recognized Kyriba's innovative and open approach by welcoming Kyriba into its Built on Databricks partner ecosystem. Kyriba's improved Partner Portal. Beginning this Spring with features rolling out through the end of the year, the Kyriba Partner Portal aims to expedite and enhance partner onboarding and experience. New features include: streamlined sign-on, training resources, case and certification management, access to Kyriba's DUST platform, product release information, and much more. Impressive Achievements Expanding its annual awards program to feature new categories and selection criteria, Kyriba also recognized the dedication and superior liquidity performance impact of its customers. Among thousands of organizations, a selection of this year's honorees include: Apollo named Enterprise Liquidity Transformation of the Year for embracing technology for the optimal transformation and efficiency of their treasury and finance departments. Hartree Partners awarded Payments Innovator of the Year for their achievements in successfully centralizing and automating their treasury operations through Kyriba to support rapid growth, complex trading activities, and global expansion. McCormick & Co named Working Capital Program of the Year in recognition of its optimized cash flow through the company's supply chain program. By standardizing AP and SCF on Kyriba's platform, McCormick automated invoice and payment workflows across multiple banks and 300+ suppliers, minimizing manual workflows, transforming treasury operations and positioning the company to roll out globally as they continue their global ERP upgrade. Uber awarded FX Optimization of the Year for embracing Kyriba's FX module, and making great strides in managing FX exposure and risk. By automating data integration and optimizing hedging strategies, Uber has significantly reduced manual processes, enhanced financial stability, and set a new standard in global treasury excellence. Kyriba's signature KyribaLive Exchange (KLX) event series will kick off this summer, with regional events slated in Tokyo, Singapore, Riyadh, Dubai, London, Paris, Zurich, Milan and Madrid. To learn more, visit: About Kyriba Kyriba is the global leader in liquidity performance, empowering CFOs, Treasurers and IT leaders to connect, protect, forecast and optimize their liquidity amid economic complexity. As a secure and scalable SaaS solution trusted by 3,000 customers, Kyriba delivers intelligence and financial automation through innovative technologies, bringing precision, efficiency, and insight to financial operations. With an expansive ecosystem of banking, technology and consulting partners, Kyriba's platform powers more than 3 billion bank transactions and $15 trillion in payments across 9,900+ banks annually – helping companies gain enterprise-wide visibility, ensure financial stability, and outperform their business strategy.
Daily Mail
04-05-2025
- Politics
- Daily Mail
EXCLUSIVE Couple who built £10k electric gates to block access to footpath by their 11-bedroom 'Bond villain' mansion lose war against walkers
A couple who put up imposing £10,000 electric gates to stop locals enjoying a countryside 'paradise' have been ordered to take them down after a long and bitter feud with walking campaigners. For sixty years, walkers, cyclists and horse riders have used a path next to a sprawling mansion in the South Wales Valleys. Then the Drew family moved in. Villagers were outraged when wealthy chartered accountant Adam Drew blocked the right of way by installing 8ft-high gates and two security cameras. Locals were angered further when an official looking sign went up at the entrance saying 'No unauthorised access'. Mr Drew and his slimming consultant wife Laura, both 40, claimed they had been subjected to illegal parking, dangerous driving, out-of-control dogs, dog-fouling, people urinating, aggression, theft, drugs, and air rifles. They said the last straw came when torches were shone into bedrooms where their children were sleeping. In a statement the wealthy couple said: 'A decision was made that we needed to put security gates at our home to keep our children safe.' The ugly grey barrier caused fury in the quiet village of Cwmparc, near Treorchy, where locals set up a 'No To The gate' campaign and carried out peaceful protests. Four thousand people signed a petition which was handed in to Rhondda Cynon Taff Council who recognised the 'strong community feeling' over the gates Four thousand people signed a petition which was handed in to Rhondda Cynon Taff Council who recognised the 'strong community feeling' over the gates. The access row - christened GateGate by locals - was also taken up by Rhondda MP Chris Bryant and Senedd Member Buffy Williams. Residents even threatened to sell up claiming they moved to the area so they could enjoy Cwmparc mountain for cycling, walking and summer picnics. The Drews bought the property known locally as the 'James Bond Villain House' for £500,000 and it is without doubt the most prestigious address in the village just outside the Brecon Beacons National Park. The well-off couple, from the nearby town of Porth, said they have 'enjoyed settling our children into such a beautiful, welcoming community.' But residents of nearby Vicarage Terrace say they hardly ever see the family and accuse them of not mixing with the locals. One neighbour said: 'You never see them, I don't even know how they get in and out. Never mind the James Bond House, it's more like Fort Knox. 'The only time I've seen the fella is when he told me to move my recycling bags from the spot in the street where I've been leaving them for years. 'They've made no effort to integrate, which is a shame because this is a friendly, welcoming place.' Adam Drew is the Chief Finance Officer at Kyriba, an American firm advising banks and companies on financial performance. Wife Laura is a Slimming World consultant who shed six stone herself in her late twenties. The pair were married while on holiday in Cuba in 2009 and have three children. The couple are both listed as directors of Fortitude Accountants Wales Ltd based at their former home in Porth, Rhondda. Locals have questioned why the family needs an 11-bedroom property which boasts four kitchens and six bathrooms. The house came with a piece of land country lovers need to cross to reach Cwmparc Forestry, described by villagers as a 'little piece of paradise' in the Spring and Summer. But following a lengthy inquiry the Drews have been ordered to remove the gates after RCT Council ruled highway rights exist because the path has been in public use for over 20 years. Council leader Andrew Morgan OBE said: 'Based on the legal advice I have received from Council Officers, I have today signed a Delegated Decision Order concerning the removal of the gates at the entrance to Cwmparc Forestry. 'Following this decision, I hope that we, as a Council, can work with owner of the property where the gates are located for them to be removed without having to move to the next level of enforcement action. 'We recognise that there is strong community feeling around this issue and now that the Council has gathered all of the legal information and taken the time to review all of the facts and evidence available, the Council believes that there are strong legal grounds to order the removal of the gates. 'We ask that residents bear with us while the legal order is now served.' The notice is being served under Section 143 of the Highways Act 1980 and officers are authorised to remove the obstruction and recover costs if it is not complied with. The council pointed out that public access to the forestry has been 'exercised freely and openly since the 1970s'. MailOnline visited the house to get Mr and Mrs Drew's reaction to the council order but there was no reply.
