How KeyBank and Qolo are modernizing corporate treasury without ripping out the core
- Legacy treasury systems force companies to manage dozens of accounts manually. Virtual account management offers a modern fix without replacing core infrastructure.
- KeyBank's Bennie Pennington and Qolo's Patricia Montesi discuss building a real-time VAM platform together, processing $40B+ in transactions.
A mi...
The collaboration between KeyBank and Qolo marks a step towards modernizing corporate treasury without disrupting existing infrastructure. This approach addresses the widening gap between legacy systems and the needs of today's treasury teams. The partnership's success highlights an industry trend where banks are looking to invest in technologies that enhance their commercial clients' payment operations and treasury management. As KeyBank continues to expand its embedded banking capabilities, it...
