Tagged: keybank

KeyBank Introduces End-to-End Payment Facilitation Capabilities

KeyBank (NYSE: KEY) recently announced the release of its end-to-end payment facilitation capabilities, allowing software companies “to easily own and process payments.” The concept of embedding financial products like payments and lending into software “is at the forefront of the financial services industry.” This release… Read More

KeyBank Acquires Fintech Firm GradFin, which Is Focused on Student Loan Counseling

KeyBank has reportedly acquired another Fintech. This time, the company has bought a business that works cooperatively with consumers who may have outstanding student loan debt. The Cleveland-headquartered banking institution confirmed on Monday (May 10, 2022) that it had acquired GradFin, which provides counseling to… Read More

Billtrust Extends Business Payments Network Relationship with KeyBank

Billtrust (NASDAQ: BTRS), a B2B accounts receivable automation and integrated payments leader, recently announced that it has expanded its Business Payments Network (BPN) provider relationship “with KeyBank to include B2B invoice delivery in addition to capturing payments and processing remittance data through its first-of-its-kind digital… Read More

EarnUp Attracts $31M Series C to Beef Up Mortgage Tech Offerings

EarnUp, a San Francisco-based fintech company offering payment and data solutions for the mortgage industry, closed a $31 million Series C financing round this week. Included in this round are new strategic investors, LendingTree (NASDAQ:TREE) and KeyBank (NYSE:KEY), in addition to Bain Capital Ventures, SignalFire,… Read More

Laurel Road Says Younger People Stressed About Their Finances

Laurel Road, a digital banking platform and a subsidiary of KeyBank, says that younger people are stressed about their finances, something that should come as no surprise as inflation goes through the roof and the federal government is on a spending spree. In a survey… Read More

Financial Services Firm KeyBank Acquires Payments Platform XUP

KeyBank National Association has announced that it has acquired XUP Payments, a B2B focused digital platform. XUP’s tech supports simple, intuitive, client onboarding and “servicing experiences.” Its team of engineers has developed integrations with processors, 3rd party risk tools, customer relationship management systems, and other… Read More

KeyBank’s Digital Offering Laurel Road Adds Checking Accounts

KeyBank, a large regional bank based in Cleveland, Ohio, has added checking to its digital banking venture Laurel Road. Laurel Road was initially launched targeting healthcare providers – a top industry in the Cleveland market as it is home to the Cleveland Clinic and University… Read More

KeyBank & Laurel Road Unveils Digital Bank Specifically for Doctors

Laurel Road, a brand of KeyBank, announced earlier this week the launch of Laurel Road for Doctors, a digital bank specifically for physicians and dentists. According to Laurel, the goal of the new digital bank is to help ease the burden for doctors of paying… Read More

Bill.com Joins Forces With KeyBank to Introduce Payments Solution “Key Cashflow” For SMEs

Bill.com, a business payments and software platform provider, announced on Thursday it has joined forces with KeyBank (NYSE: KEY) to launch Key CashFlow, an online banking solution that streamlines payments for small businesses (SMBs) and commercial customers. According to Bill.com, Key CashFlow is a scalable,… Read More

Cascade: KeyBank Closes Branch Lobbies Due to COVID-19 Spread

KeyBank, a regional bank based in Cleveland with over 1100 branches in 25 states and the District of Colombia, is shuttering the lobbies of all its branches. An email distributed to account holders said the bank was taking this action due to the Coronavirus (COVID-19)… Read More

KeyBank Completes Laurel Road Bank Digital Lending Business Acquisition

KeyBank National Association announced on Wednesday it has successfully completed the acquisition of Laurel Road Bank’s digital lending business. According to KeyBank, the acquisition underpins the banking group’s strategic growth efforts, by enhancing its digital capabilities through customized, end-to-end lending products. KeyBank reported that Laurel… Read More

KeyBank to Acquire Online Lending Business Laurel Road

KeyBank National Association announced on Wednesday KeyBank and Laurel Road Bank have entered into a definitive agreement for the acquisition by Key of Laurel Road’s digital lending business. KeyBank reported that through the acquisition it will enhance its digital capabilities with customer-centric technology. According to… Read More

KeyBank Teams Up With Ingo Money to Launch Instant Payment Solution

KeyCorp (NYSE: KEY) announced on Friday it has teamed up with Ingo Money to launch its instant payment solution. KeyBank revealed that through Ingo Money’s platform its commercial clients will be able to quickly and easily turn slow, expensive paper checks and ACH deposits into instant,… Read More

KeyBank Acquires Digital Lending Platform For Small Businesses Bolstr

On Wednesday, KeyBank announced it has acquired digital lending platform for small businesses Bolstr. According to Key, the fintech software, which is expected to be implemented later this year, will enable the banking group to provide faster and easier access both to SBA loans and to… Read More

Fintech Moved Mainstream: Reflections on 2015

As 2015 comes to a close, here are some highlights from WWF, the wonderful world of fintech. And what a year it’s been!  At the close of last year, the world watched Lending Club’s astounding IPO. By this November, the firm surpassed $13B from borrowers since its 2006 launch. During… Read More

KeyBank Forays Further into Fintech with AvidXchange Partnership and Investment

Brick and mortar KeyBank announced a strategic partnership and minority investment in AvidXchange, a leader in accounts payable automation solutions. Charlotte-based AvidXchange recently completed a $225 million minority growth financing led by Bain Capital Ventures, with contributions from Foundry Group, NYCA Partners, KeyBank, Square 1 Bank and TPG Special… Read More

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