KeyBank


Fintech funding round-up: 4 December 2017

Coming straight after Friday’s (1 December) fintech funding action, here’s another round-up to take the Monday blues away. This round-up features Oakam, KeyBank, Snapsheet, Payrailz and Elsen.

Snapsheet and KeyBank form virtual duet for insurance claims

Snapsheet, a virtual claims insurtech provider, is partnering with KeyBank for the launch of Snapsheet Transactions, a payment solution for insurance claims. Instead of insurance carriers sending claimants a cheque in the mail once a claim is settled, Snapsheet Transactions provides carriers a hub for issuing claims and expense payments. CJ Przybyl, president of Snapsheet, […]

Jemstep the right roboadvisor step for KeyBank

When roboadvisor firm Jemstep was acquired by investment management company Invesco a year and a half ago, Invesco CEO Martin Flanagan highlighted the importance of combining technology and human insight to produce better investment outcomes for customers. Now Jemstep has partnered with KeyBank’s Key Investment Services (KIS), to provide another opportunity for Invesco’s roboadvisor to […]

KeyBank and JP Morgan Chase backing Ohio fintech accelerator

KeyBank, Fifth Third Bank and JP Morgan Chase are funding and backing a new Ohio-based accelerator, Fintech71 – a nod to the cross-state highway I-71 connecting Ohio via its three largest cities, Cincinnati, Columbus and Cleveland. The accelerator will focus on growing entrepreneurial activity in Ohio and offer mentor and partnership options. Finalist teams will […]

First Data and KeyBank team up for payments and merchant services

US-based First Data and KeyBank have teamed up to offer merchant services to the latter’s commercial, business and government clients across the country. The partnership will allow KeyBank to offer First Data’s entire portfolio of business tools, including the Clover platform which lets business owners accept payments, manage inventory, track sales, and access analytics and […]

Case study: KeyBank – treasure the moment

Treasury professionals are finally adopting mobile cash management, says Melissa Zajac, vice-president and senior product manager, Key Total Treasury, KeyBank’s corporate online channel. Slowly but steadily. So what are the best practices?

Cognizant works with KeyBank on Oracle Banking Platform project

Cognizant has assisted KeyBank in implementing Oracle Banking Platform (OBP) from Oracle FSS as part of the bank’s tech revamp. Cognizant says it redesigned KeyBank’s core systems, applications, business processes and customer interfaces to “simplify transactions”. Vipin Gupta, EVP and CIO of Key Community Bank (KeyCorp’s division that includes retail, business and commercial middle market […]

KeyCorp and First Niagara merger – software revamp on the cards?

As US-based KeyCorp prepares to take over its rival First Niagara to create the country’s 13th largest bank, Banking Technology muses what this might mean for the fintech market. A major system selection perhaps, as both banks are currently using dated systems? KeyCorp and its banking subsidiary, KeyBank, hope to finish acquiring First Niagara by […]