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Kalyana Teagarajan

Co-Founder & CEO at Swipey

Kalyana Teagarajan is a seasoned professional with over 13 years of experience focused on driving growth and sustainable organizational transformation. His expertise lies in processes, tools, and people to accelerate growth through organizational change. With a background in Business and Commerce management as well as Mechatronics, Robotics, and Automation Engineering, Kalyana brings a unique blend of skills to his roles.

Throughout his career, Kalyana has held key positions in various organizations, including being the Co-Founder & CEO of Swipey, Director & Operational Officer at VKK Diversified Holdings, CEO of Kalyana Hospitality, and Co-Founder of Content Nation MY. His tenure at GE Oil & Gas saw him in leadership roles such as Commercial Director, Global Commercial Excellence Leader, Lean Six Sigma Black Belt, Senior Commercial Improvement Leader, and Corporate Audit Staff, showcasing his versatility and depth of experience in the industry.

Highlights

Jul 4 · linkedin

Collaboration launched between Swipey & Xendit!🚀🚀 enabling Indonesia & Phillipines 🌏

Xendit, a SEA unicorn that provides payment solution for businesses across the region serving > 3500 customers.

We are thrilled to be working closely with Moses Lo and his team as we transform the way finance is consumed by modern businesses in the region.

Swipey brings #cfotech by unifying FinOps, Banking and advance analytics to help businesses derive more value from their finance function.

Onwards and upwards!

Rouvin (儒文) Thiruchelvam Grace Loh Nur Yuha Elaikha Ahmad Zahar V Suresh Kumar Colette Chiaranussati #team

Mar 14 · linkedin

Just came across this article about a customer and her experience with a fraudulent transaction. https://lnkd.in/gESJwbeh

Fraud is never a great experience and it can even happen to businesses. Companies can suffer greatly too in terms of money and time lost, especially if there is a single debit credit card floating around for the entire business to use. Here are some best practices that I follow in my own company to reduce fraud and business disruption.

  1. 💳💳 Assign all employees with individual cards 💳💳
    At Swipey, we issue Swipey VISA cards to employees to pay for our business expenses (e.g., Canva subscriptions for designers). I assign personalized cards for each employee or by spend category to eliminate the need for sharing OTPs. Remember that OTP is the shield of defence against potential fraudsters. Having dedicated cards also limits risk & disruption. Imagine having to change card details on every platform it is listed on!

  2. 🎛️ Set budgets so there's no overspending. The beauty of Swipey cards is that I can deposit a fixed amount of funds into the cards according to my team member's nature of work. For instance, I have a fixed amount for Facebook spend each month and do not run into an overspending situation.

  3. Use virtual cards to ❄️freeze and replace instantly. The reality is that fraud can still happen even if I'm careful. That's why having a backup plan is a must. Since Swipey VISA cards are also available as virtual cards (in addition to physical cards), I can see my own and the teams' card transactions from the Swipey app. I can then easily freeze or replace Swipey VISA cards should fraud transactions occur.

  4. 📊 Have transactions visible in real-time to cardholders & company admin.🔍 Having a centralised dashboard that shows transactions in real-time to all need-to-know people, like the cardholder and company admin/CFO allows more than one person to detect the fraud. So, if I miss a suspicious transaction on my own card, my finance team can detect and rectify it right away from our shared Swipey dashboard.

Hope these points can help make your business processes and transactions more secure.

What other methods are you using to protect your business from fraud? Share them below so that we can learn from each other.

P.S. I hope that the customer above gets her fraud case solved ASAP! #swipey #fintech #financial #security #fraud

Kalyana Teagarajan
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Location

Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia