Keycorp Stock Price, News & Analysis

EarnUp, a fintech company specializing in loan payment automation, has announced the sale of its AI Advisor technology assets to BECU, a leading depository institution with $29 billion in assets. The transaction includes the transfer of select team members, including Co-Founder Nadim Homsany, who will lead BECU's new AI Strategy and Innovation team.

EarnUp, backed by investors including KeyBank (NYSE:KEY) and LendingTree, will continue to operate independently and plans to use the proceeds to accelerate the development of its next-generation debt management platform. The company currently serves 7 of the 25 largest U.S. banks and has helped 3 million borrowers save on their loans.

KeyBank (NYSE: KEY) has launched KeyTotal AR™, a comprehensive invoice-to-cash solution powered by Versapay, marking a significant advancement in its fintech strategy. The platform leverages machine learning to modernize and automate accounts receivable operations for middle-market businesses.

The new solution promises to reduce accounts receivable costs by up to 50% through automated invoicing and simplified payment processes. KeyTotal AR™ combines advanced AR automation with KeyBank's payments capabilities, offering cloud-based cash application software that streamlines financial operations and accelerates decision-making through AI.

KeyBank, with assets of approximately $189 billion as of March 31, 2025, partners with Versapay, which processes $170B+ in payments volume annually and serves 10,000 customers across 5M+ companies.

Jaan Health has secured $25 million in funding, including $15 million in non-dilutive growth capital from Level Structured Capital, to expand its AI-powered healthcare platform Phamily©. The platform specializes in managing chronic conditions through proactive care management, serving over 150 healthcare organizations and hundreds of thousands of patients with 250+ different chronic conditions.

The company's Phamily platform enables healthcare organizations to deliver proactive care management at scale, addressing healthcare labor shortages and rising costs. The funding will support market expansion, penetration into health systems, and key hiring initiatives to sustain the company's growth trajectory.

KeyBank's latest Middle Market Sentiment Pulse Survey reveals that 91% of middle market companies are prioritizing tariff impact management. The May 2025 survey of 300 businesses with revenues between $25M-$1B shows strong adaptation to economic uncertainty. 92% view current policies as an innovation opportunity, while 60% are adjusting supply chains to manage tariff costs. Notably, 49% see tariffs as a potential competitive advantage, with technology companies being particularly optimistic at 68%. Companies are actively seeking capital access, with 87% strengthening balance sheets through technology adoption (52%), equity capital expansion (43%), and improved cash flow management (43%). Larger companies ($500M-$1B revenue) are particularly proactive, with 88% enhancing supply chain technology and 71% diversifying suppliers.

KeyBank (NYSE: KEY) has been named one of the 50 most community-minded companies in America by Points of Light for the twelfth time in 2025. The bank also earned recognition as the Financials Sector Leader for the eighth year. The Civic 50 recognition is based on four dimensions: resource investment, business function integration, policy institutionalization, and impact measurement. KeyBank has invested over $50 billion in communities since 2017 through affordable housing, small business lending, home lending, and philanthropy. The company, celebrating its bicentennial in 2025, maintains assets of approximately $189 billion and operates across 15 states with about 1,000 branches and 1,200 ATMs, providing various banking and financial services to individuals and businesses.

KeyCorp announced that Ken Gavrity (Head of Commercial Banking) and Clark Khayat (CFO) will present at the Morgan Stanley U.S. Financials Conference on June 11, 2025, at 1:00 p.m. ET in New York City. The presentation will cover KeyCorp's performance, strategy, and outlook. A live audio webcast will be available at www.key.com/ir. KeyCorp, celebrating its 200th anniversary in 2025, is a major bank-based financial services company with $189 billion in assets, operating through KeyBank National Association across 15 states with approximately 1,000 branches and 1,200 ATMs. The company provides comprehensive banking services to individuals and businesses, along with sophisticated corporate and investment banking products through KeyBanc Capital Markets.

KeyBank (NYSE: KEY) has announced a strategic partnership and minority equity investment in Qolo, a payment cycle management solutions provider. The partnership centers around KeyVAM®, a technology-enabled cash management solution that has processed nearly $9 billion in transactions since October. KeyVAM® offers virtual account structures, automated reporting, reconciliation, and API integration capabilities. Recent platform enhancements include same-day ACH reconciliation, enhanced dashboard reporting, and improved statement reporting. This partnership represents KeyBank's continued strategy of investing in emerging fintech providers, building upon their two-year working relationship with Qolo. The collaboration aims to advance commercial banking innovation and improve client experiences in payment management across various industry verticals.

KeyBank (NYSE: KEY) has partnered with Personetics to implement their Cognitive Banking platform, focusing on enhancing financial wellness for clients. The partnership comes as KeyBank's 2025 Financial Mobility Survey revealed increased financial stress among Americans, with 51% of Gen Z taking proactive steps for their financial future. The bank will utilize Personetics' Engage platform to deliver personalized insights and recommendations based on clients' spending and saving habits. This aligns with Personetics' recent survey finding that 70% of consumers want their financial institutions to provide timely insights on financial habits. The collaboration aims to address growing financial wellness demands, particularly among younger consumers, while helping clients manage their financial futures more effectively.

KeyCorp (NYSE: KEY) announced that CEO Chris Gorman will present at the Bernstein Annual Strategic Decisions Conference on May 28, 2025, at 11:00 a.m. ET in New York City. The presentation will include a review of KeyCorp's performance, strategy, and outlook, with a live audio webcast available on www.key.com/ir.

KeyCorp, celebrating its 200th anniversary in 2025, is one of the nation's largest bank-based financial services companies with assets of $189 billion as of March 31, 2025. The company operates through approximately 1,000 branches and 1,200 ATMs across 15 states, providing banking services under KeyBank National Association and corporate banking through KeyBanc Capital Markets.