Kyriba and Citi announce new API integration to enable faster payments
Published: February 26, 2019
SAN DIEGO - Kyriba, the global provider of cloud treasury and finance solutions, today announced a new API integration with Citi that gives Kyriba clients access to faster payments, more transparency and better standardization in more than 160 countries and jurisdictions. The API integration builds upon Kyriba’s leading connectivity options that help seamlessly bridge global financial systems so finance executives can better mobilize their cash and liquidity.
“We continuously pursue creating the best possible experiences for our clients. Our partnership with Kyriba has led to the co-creation of a frictionless treasury experience,” said Mayank Mishra, Global Head of Channel Services, Citi Treasury and Trade Solutions. “Through embedded APIs our joint clients have access to a seamlessly integrated, fully digital experience accessing their Citi accounts instantly through their preferred Treasury platform.”
“APIs represent the next generation of bank connectivity and offer robust advantages over traditional file transfer technologies,” said Bob Stark, VP of Strategy. “We are excited to provide this new API integration with Citi to our clients as part of an emerging connectivity standard, which will offer new opportunities for real-time bank reporting, account management and payments.”
Kyriba currently processes more than 83M bank transactions, 30M payments and 530M ERP transactions on behalf of its clients each month through its global connectivity hub.