SAN DIEGO, Nov 30 (Bernama-BUSINESS WIRE) — Kyriba, (“the Company”), a global leader of cloud-based finance and IT solutions, and J.P. Morgan Payments, today announce a new real-time treasury solution with a new API that delivers real-time cash visibility and bank reporting, which will be made available to their mutual clients. The end-to-end process automation, using J.P. Morgan’s open banking API capabilities, enhances existing API-based connectivity and enables more frequent data retrieval and status updates to power real-time decision making on investing cash balances. A mutual client, Hunt Companies, has already gained efficiencies and value from having these enhanced capabilities.
“We are excited to deliver real-time payments and bank reporting through a deep integration with J.P. Morgan Payments,” said Bob Stark, Global Head of Market Strategy at Kyriba. “The new API integration empowers our mutual clients with real-time treasury and rapid decision support to improve financial resilience through accelerated investments, reduced borrowing and more effective hedging.”