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Pharma Investments, Ventures & Law Weekly

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KeyCorp



KeyBank is First to Market With Integrated Online Check/ACH Fraud Prevention for Small/Mid-Sized Companies



September 14th, 2008

KeyBank, a wholly owned subsidiary of KeyCorp (NYSE:KEY), today became the first bank to bring to market online banking features that combine check and ACH fraud prevention capabilities designed especially for small and medium-sized enterprises (SMEs).

In its enhanced version of Key Business Online(SM), Key has also added a new feature to help businesses recover funds on deposited items returned for non-sufficient funds. Key Business Online(SM) is the bank's online tool for SMEs, which was launched in April 2008.

The new fraud prevention features enable businesses to review the previous day's posted check and ACH items and reverse those that appear...


Source: Pharma Investments, Ventures & Law Weekly (2008-09-14)

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