Kyriba unlocks access to $15 trillion payment network with Open API Platform
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Kyriba unlocks access to $15 trillion payment network with Open API Platform 22 September 2021US Reporter: Maddie Saghir
Image: Maksym Yemelyanov/adobe.stock.com
Kyriba, a cloud-based finance and IT solutions provider, has launched its Open application programming interface (API) Platform to streamline the creation and connectivity of new applications for its trusted network.
This connects 1,000 banks, manages more than a million bank accounts, and processes over 200 million payments worth $15 trillion (USD) annually.
The platform was created to enable composable technology solutions for chief financial officers (CFOs), chief information officers (CIOs) and treasurers, and accelerate the next generation of finance innovation.
The Open API Platform is accessible through Kyriba’s newly launched Developer Portal, which connects fintech developers to Kyriba’s global corporate clients who have integrated Kyriba into their treasury processes, enterprise payments systems, and enterprise resource planning (ERP) platforms.
Kyriba explains APIs are transforming the way finance and IT consume and integrate data and are the gateway to delivering real-time services, artificial intelligence, and composable digital finance solutions for CFOs and CIOs.
Boris Lipiainen, chief technology officer of Kyriba, says: “Kyriba Open API Platform will radically unlock fintech innovation for enterprise CFOs and their CIO counterparts.”
“Beyond simplifying and accelerating bank and ERP connectivity, fintech developers will bring new apps to the Kyriba network and empower the next generation of financial technology.”
Félix Grévy, vice president of Open API and Connectivity at Kyriba, comments: “Kyriba’s Open API Platform eliminates the need for internal IT teams to deliver a patchwork of custom interfaces and robotic process automation bots to satisfy the growing need for hyper-automation.”
“Our platform enables Kyriba clients and our network of development partners to accelerate product innovation and deliver composable technology solutions to eliminate fraud, mitigate risk and optimise enterprise liquidity,” Grévy adds.
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Image: Maksym Yemelyanov/adobe.stock.com 