KeyCorp has accused a business customer of fraudulently initiating wire transfers that could cost the American regional bank up to $90 million.
Bank of America chief Brian Moynihan says the arrival of real-time payments combined with advances by cherry-picking fintech startups threatens to derail long-held assumptions about bank ROI levels from technology spending.
The day after reports of a one billion dollar cyber heist at banks around the world, a PwC poll shows bank bosses are growing increasingly concerned about the threats posed by online criminal gangs.
KeyCorp (NYSE: KEY) announced today that Amy G. Brady has been named its chief information officer. Brady will head Key Enterprise Technology and report to Tom Stevens, Key's chief administrative officer. She will serve on the company's 13 member Management Committee.
KeyCorp (NYSE:KEY) has signed an agreement with Nice Actimize, a Nice Systems (Nasdaq:NICE) company, to further strengthen its ability to proactively detect and mitigate consumer and commercial fraud.
European vendor Gemalto has bought the smart card business of Australia's Keycorp - which includes the Multos multi-application operating system - in a deal worth around EUR15 million.
Hypercom Corporation (NYSE: HYC) and Keycorp Limited (ASX: KYC) today announced that they have entered into a strategic agreement under which Keycorp will distribute Hypercom's new countertop, mobile and multi-lane Optimum payment solutions throughout Canada as part of Keycorp's Managed Payment Services Program.
KeyCorp (NYSE: KEY) said today it had completed the previously announced sale of the origination platform of Champion Mortgage to Nationstar Mortgage.
KeyCorp (NYSE: KEY) today announced that it has selected Sun Microsystems' (Nasdaq: SUNW) Compliance and Content Management Solution to manage compliance best practices and processes for its investments units as well as the enterprise email archiving solution.
CPI Card Group - Colorado, Inc. announced today it has partnered with Keycorp Limited to manufacture MasterCard's PayPass contactless cards for Banamex Financial Group.
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