Tuesday, December 24, 2024

KeyBank: Expands embedded banking platform

KeyBank: Expands embedded banking platform

  • KeyBank announced the release of its end-to-end payment facilitation capabilities, allowing software companies
  • The concept of embedding financial products like payments and lending into software is at the forefront of the financial services
  • This release highlights commitment to being a leader in Embedded Banking
  • Acquired XUP Payments in November 2021 to help advance its embedded banking solutions
  • Software companies can reduce their payment complexities and offer a superior onboarding experience
  • Payment facilitation is an imperative for many companies as they look to compete in a rapidly changing environment

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