article thumbnail

KeyBank Takes Equity Stake in Payment Cycle Firm BillTrust

Bank Innovation

Cleveland-based KeyBank announced a partnership with cloud-based payment cycle management firm BillTrust, with KeyBank taking an equity stake in the firm, the companies said yesterday in a statement. This is the latest in a series of fintech partnerships for KeyBank, according to the company, and will allow […].

Cleveland 186
article thumbnail

5 Questions With… KeyBank Consumer and Digital CIO Kim Snipes

BankInovation

The Cleveland-based bank had a digitally driven calendar year, partnering with Laurel Road for an online lending platform in March 2021 and acquiring payments fintech XUP Payments in November 2021. Technology investment at KeyBank is nothing if not dynamic.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 questions with … KeyBank EVP of Payments Brandon Nowac

BankInovation

KeyBank Executive Vice President of Payments Brandon Nowac is focused on delivering tech-forward automation solutions to the bank’s third-party fintech partners and forming additional partnerships in the year ahead.

article thumbnail

Bahamas Launches Digital Sand Dollar; Adds To Rise Of Central Bank Digital Currencies

PYMNTS

This week, FinTech EMTECH said it’s launching a compliance platform in collaboration with Microsoft to help central banks test their respective CBDCs. In other CBDC efforts, as reported in the fall , China’s central bank issued 10 million yuan ($1.5 million) of digital currency to 50,000 people chosen by lottery.

Cleveland 357
article thumbnail

PYMNTS Daily Data Dive: The Underbanked Still A Problem In The US

PYMNTS

The Council of Economic Advisors considers the change in the number of unbanked or underbanked to be heading in the right direction thanks to direct deposit, community development funding, and the efforts of the FinTech industry, but Bonnie Blankenship of the Cleveland Fed begs to differ.

Cleveland 100
article thumbnail

Women in Banking: Activists Target Banks' Pay; Talking Fintech

American Banker

Fed governor Lael Brainard encourages fintechs to tackle financial access and Cleveland Fed president Loretta Mester talks about the industry's past and future. Citi FinTech's Carey Kolaja celebrates its first product launch. Plus, people moves at Santander Consumer, Deutsche Bank and Bank of New York Mellon.

article thumbnail

KeyBank On Digitizing In-Person Services With Data Analytics

PYMNTS

billion in small business aid from Commonwealth Bank and a host of free help being provided by FinTechs to help through the ongoing crisis. FinTechs are coming to the rescue with a variety of free services and programs, including enterprise software firm Temenos. Developments From Around The World Of Digital-First Banking.

Analytics 141