Keybank news and trends

KeyBank Invests In AI-Based Zentist Software For Dental Support Organizations
Partnerships // September 11, 2024

Cleveland-based KeyCorp, the parent company of KeyBank, has announced a strategic relationship and minority investment with Zentist, a provider of cloud-based insurance revenue cycle management (RCM) software for dental support organizations (DSOs) across the United States. With this partnership, KeyBank will introduce Zentist’s Remit AI...

Scotiabank CEO Says Stake in KeyCorp Creates Future ‘Options’
Acquisitions // August 12, 2024

Canadian bank Scotiabank plans to acquire a 14.9% stake in Cleveland-based KeyCorp, which operates about 1,000 KeyBank branches in 15 U.S. states and provides corporate and investment banking products. Pending regulatory approval, Scotiabank expects to close the initial investment of 4.9% in the fourth quarter...

KeyBank Launches Virtual Account Management Solution for Treasury Clients
Banking // May 07, 2024

Cleveland-based financial institution KeyBank has launched a virtual account management solution for treasury management clients. The new Key Virtual Account Management (KeyVAM) solution is designed for clients who have complex demand deposit account (DDA) structures and provides them with instant access to KeyBank commercial cash...

Banks Need ‘Change Management Checklist’ in Battle Against Fraud
Fraud Prevention // April 26, 2024

Artificial intelligence (AI) holds the promise to transform all manner of industries — helping banks, in particular, improve their anti-money laundering (AML) efforts. But as Chris Caruana, VP of Strategy at Hawk:AI, Ramon Ramirez, director of AML/KYC Operations at Western Alliance Bancorporation, and Miguel Navarro,...

Interviews & Exclusives
Panel: Turning Payments Into Deposits Fuels the Next Era of Embedded Banking

October 31, 2024
Call it one more unpredictable turn in an unpredictable year. As the convergence of financial technology gets closer to consumers and businesses, the focus on money movement takes a twist toward an area where money is usually at rest: deposits. “If you think about where financial services is going, which is more tech-enabled and more […]

Banks Need ‘Change Management Checklist’ in Battle Against Fraud

April 26, 2024
Artificial intelligence (AI) holds the promise to transform all manner of industries — helping banks, in particular, improve their anti-money laundering (AML) efforts. But as Chris Caruana, VP of Strategy...

Panel: Real-Time Ubiquity and Connectivity Turn Payments Into ‘Satisfaction Tools’

September 07, 2023
Real-time payments schemes are proliferating around the globe. Getting them to work in sync and breaking down the silos that exist between countries will be key to helping faster payments...

Real-Time Money Mobility Helps Treasury Bank Customers Leave ‘Banker’s Hours’ Behind

May 22, 2023
The age of banker’s hours may finally be ending. Drew Edwards, CEO of Ingo Money, and Jon Briggs, head of KeyBank’s commercial product and innovation in KeyCorp’s payments business, told Karen Webster in...

Quick Reads
KeyBank Invests In AI-Based Zentist Software For Dental Support Organizations

September 11, 2024
Cleveland-based KeyCorp, the parent company of KeyBank, has announced a strategic relationship and minority investment with Zentist, a provider of cloud-based insurance revenue cycle management (RCM) software for dental support organizations (DSOs) across the United States. With this partnership, KeyBank will introduce Zentist’s Remit AI software to its network of DSOs, the companies said in […]

Scotiabank CEO Says Stake in KeyCorp Creates Future ‘Options’

August 12, 2024
Canadian bank Scotiabank plans to acquire a 14.9% stake in Cleveland-based KeyCorp, which operates about 1,000 KeyBank branches in 15 U.S. states and provides corporate and investment banking products. Pending...

KeyBank Launches Virtual Account Management Solution for Treasury Clients

May 07, 2024
Cleveland-based financial institution KeyBank has launched a virtual account management solution for treasury management clients. The new Key Virtual Account Management (KeyVAM) solution is designed for clients who have complex...

KeyBank Expands Offerings of Cash Back and Early Deposit Access

August 07, 2023
KeyBank has added new ways for customers to earn better rates, get cash back and access deposits more quickly. “We’re excited to empower our clients with enhanced products and tools,...