KeyBank’s computer processing spend spikes 17%
KeyBank’s cloud migration costs contributed to increased computer processing spend despite total noninterest expense slightly declining in the third quarter. ...
Tag: KeyBank
Banks diversify with healthtech investment
U.S. banks are investing in health care payments technology companies to diversify revenue. The points of convergence between fintechs and ...
KeyBank business clients under ‘pressure’ to implement AI
Middle-market businesses are tapping AI and automation to expand their operations in the short term. Fifty-four percent of middle-market businesses ...
Transactions: Citizens Bank, Navan team up for travel expense management
Citizens Bank has teamed up with Navan to provide its commercial customers with travel expense solutions. “Dynamic travel policies are ...
KeyBank to hold off on FedNow until DDA reach hits 5%
NEW YORK — KeyBank is hesitant to join the Federal Reserve’s real-time payments network FedNow until the payments rail shows ...
TD cautious about consumer-facing AI
TD Bank is taking a conservative approach to AI for consumer-facing operations as it taps the tech for back-end efficiencies. ...
KeyBank spends $800M on tech annually
KeyBank spends $800 million annually on technology and expects expenses to grow in 2025 as it continues to invest in ...
Transactions: KeyBank, Qolo launch virtual account management service
KeyBank launched its virtual account management solution, Key Virtual Account Management, powered by payments platform Qolo, on May 7. Key ...
FIS launches embedded finance platform
NEW YORK — Tech provider FIS debuted its embedded finance platform, Atelio, in its Investor Day presentation today as its ...
RPA does job of 500 people at KeyBank
KeyBank is using robotic process automation to boost efficiency without hiring more people. The $189 billion bank has about 300 ...
