Introducing the Latest Member of Treasury Prime’s Bank Network: KeyBank

An award-winning, Top 25 U.S. bank with $190 billion in deposits, KeyBank is no stranger to embedded finance. As one of the first banks to build embedded banking capabilities, KeyBank has pioneered fintech collaboration over the past decade, prioritizing strategic partnerships to support its middle-market commercial clients with innovative solutions. 

Now, KeyBank brings this wealth of expertise to a new forum. As part of the Treasury Prime Bank Network, KeyBank combines its advanced banking solutions and virtual account management capabilities with Treasury Prime’s modern, modular platform to drive new opportunities in embedded banking.

The combined power of Treasury Prime’s bank network and KeyBank

As new embedded finance programs scale, banks must manage operational demands, like the potential for heightened concentration risk from rapid deposit growth. 

Treasury Prime’s bank network addresses these challenges. By working in tandem with other partner banks to support fintech programs, financial institutions like KeyBank can participate in embedded finance opportunities without taking on the responsibility of managing a program independently. 

In partnering with Treasury Prime, KeyBank will be able to leverage a broad network of potential clients and collaborators to expand its embedded banking business line, while maintaining strong alignment with its long-term strategic goals. 

How it works: Treasury Prime’s interconnected, multi-bank solution lets banks and fintechs collaborate through a single API interface. With instant cross-bank transfers and real-time reconciliation via a single ledger, enterprises can treat the entire bank network as a unified whole in order to scale and manage deposits across multiple banks. 

“This partnership has significant benefits for large or best-in-class embedded banking clients, but it offers new opportunities for our community bank partners as well — in particular, the ability to participate in programs that would otherwise be too resource-intensive for them to support independently,” says Jeff Nowicki, Chief Banking Officer at Treasury Prime. 

Our clear structures for compliance and account management allow clients to seamlessly diversify their banking relationships, ensuring KeyBank and other network partners can participate in strategic, high-value partnerships. 

‍Collaboration unlocks new possibilities in embedded banking

In a multi-bank paradigm, everyone wins. Banks share the workload of managing large programs, while fintechs and enterprises gain the flexibility to select partners aligned with their goals — allowing all parties to unlock new growth potential.  

With the addition of KeyBank to our diverse bank network, we’re continuing to redefine what’s possible in embedded finance. Together, we’re shaping a future where banks and enterprises can launch and scale cutting-edge offerings with confidence, powered by technology that ensures transparency and visibility at every step. 

Curious how Treasury Prime can support your bank’s embedded finance goals? Get in touch with our experts to learn more.