01:04 PM EDT, 04/09/2024 (MT Newswires) -- Bank of New York Mellon ( BK ) said Tuesday that it has signed a collaboration agreement with payments services provider Kyriba.

The bank said the collaboration is intended to combine its LiquidityDirect short-term investment platform with Kyriba's software-as-a-service product to improve liquidity performance.

Financial terms were not disclosed.

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