Latest news with #KeyBank
Associated Press
12 hours ago
- Business
- Associated Press
KeyBank Recognized as One of the 50 Most Community-Minded Employers in the Greater Philadelphia Region
PLYMOUTH MEETING, PA, June 27, 2025 /3BL/ – KeyBank has been named a 2025 honoree of the Civic 50 Greater Philadelphia by the Chamber of Commerce for Greater Philadelphia (the Chamber), in partnership with globally recognized nonprofit Points of Light, lead partner the Philadelphia Foundation, and other local partners. Modeled after Points of Light's national program, the Civic 50 Greater Philadelphia measures and recognizes civic-minded companies using their time, talent, and resources to drive social impact within their organizations and communities – setting the standard for civic engagement in the region. 'At KeyBank, we believe that being a good corporate citizen means showing up for our communities with purpose and consistency,' said KeyBank Eastern Pennsylvania Market President Youseff Tannous. 'We are honored to be recognized as one of the Civic 50 Greater Philadelphia honorees. This distinction reflects the deep commitment of our teammates who invest their time, talents and resources to help our neighborhoods thrive. It's a proud moment for all of us at KeyBank to be acknowledged for doing what we believe in—making a meaningful difference where we live and work.' The 2025 Civic 50 Greater Philadelphia honorees represent private and public companies, as well as nonprofits, agencies, and institutions (e.g., hospitals and universities) of more than 10 employees operating in the 11-county Greater Philadelphia region. They have been selected based on four dimensions of their community engagement program: Since 2011, the national Civic 50 has provided a national standard for superior corporate citizenship and has showcased how companies drive social impact in their business and within the community. 'The Chamber is proud to recognize KeyBank as a 2025 honoree of the Civic 50 Greater Philadelphia,' said Chellie Cameron, President and Chief Executive Officer of the Chamber. 'Each of this year's honorees are valued members of Greater Philadelphia's business community, exemplifying what it means to be a positive corporate citizen and demonstrating the power of service. We thank KeyBank for their efforts to drive impact and congratulate them on this tremendous achievement.' In keeping with the Chamber's efforts to drive regional impact and achieve its vision, it also serves as home to the Greater Philadelphia Corporate Volunteer Network (GPCVN), a community of diverse businesses committed to giving back to their communities. The Civic 50 Greater Philadelphia honorees were officially recognized on Thursday, June 26, 2025, at an Honoree Reveal Celebration hosted at the Cira Centre. The Civic 50 Greater Philadelphia Self-Assessment is administered by True Impact, a company specializing in helping organizations maximize and measure their social and business value, and consists of quantitative and multiple-choice questions that inform the scoring process. To learn more about the Civic 50 Greater Philadelphia and its honorees, please visit About Keycorp In 2025, KeyCorp celebrates its bicentennial, marking 200 years of service to clients and communities from Maine to Alaska. To learn more, visit KeyBank Heritage Center. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $189 billion at March 31, 2025. Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,000 branches and approximately 1,200 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit KeyBank Member FDIC. About the Chamber of Commerce for Greater Philadelphia The Chamber of Commerce for Greater Philadelphia works together with members, investors, and stakeholders, to realize our bold vision: Greater Philadelphia is a top global destination for business and a leader in inclusive growth. As the metro-regional chamber of commerce serving the 11-county, tri-state Greater Philadelphia region, we are the premier organization to convene and connect business, government, and civic leaders to drive economic growth and prosperity for all. Learn more at About Points of Light Points of Light is a nonpartisan, global nonprofit organization that inspires, equips, and mobilizes millions of people to create positive change through volunteering and civic engagement. Through work with nonprofits, companies and social impact leaders, the organization galvanizes volunteers to meet critical needs in communities. As the world's largest organization dedicated to increasing volunteer service, Points of Light engages more than 3.8 million volunteers across 32 countries. For more information, visit Partners for Greater Philadelphia Civic 50 Regional partners with the Chamber of Commerce for Greater Philadelphia on the Civic 50 Greater Philadelphia are the Philadelphia Foundation (lead partner), Greater Philadelphia Corporate Volunteer Network, Philanthropy Network, and True Impact (National Partner). ### Visit 3BL Media to see more multimedia and stories from KeyBank
Daily Mail
2 days ago
- Business
- Daily Mail
Steve Madden rival, Freebird, shuts 14 stores amid retail crisis
A much-loved footwear chain has shuttered the majority of its stores as it teeters on the edge of bankruptcy. Freebird, founded in Denver in 2009, rose to prominence selling a range of boots and other niche footwear. However, the brand -once a rival of major brands such as Steve Madden - has fallen on tough times and has now shuttered 14 of its 20 locations. The retailer has blamed the rising cost of staff wages, dips in consumer spending and supply chain issues made worse by Trump's recent tariffs. The company's woes were laid bare last month when KeyBank sued in an attempt to recoup some of the $15.4 million they claim Freebird owes the bank, The Sun reported. A court ordered financial firm Ampleo to take control of the company and instigate turnaround efforts. Ampleo consultant Doug Charboneau soon told the court that Freebird was in a 'severe liquidity crisis.' On top of its KeyBank debt the footwear maker also owes $6 million to the Mexico-based manufacturer that supplies 85 percent of its products. However, this supplier has now ceased operations, according to the publication. Ampleo said it is in negotiation with two companies interested in buying Freebird. However, if a deal is not forthcoming then it will close four more of its remaining stores. This would leave Freebirds at risk of a bankruptcy filing and full liquidation. As the chain's future looks uncertain shoppers may be able to pick up sale bargains as it tries to shift its inventory. All sales in store and online are now final, and returns will not be accepted. It comes just weeks after another popular shoe chain filed for bankruptcy as in-person store's continue to struggle in a tough retail landscape. Soleply, known for its high-end brands like Kanye West's Yeezy, filed for Chapter 11 bankruptcy in New Jersey back in March. Soleply - which also sells t-shirts, sweatshirts, jackets and hoodies - has up to $10 million in debts, according to court filings. The premier sneaker retailer currently has six locations across Delaware, Connecticut, Maryland, Rhode Island, New Jersey and Pennsylvania. Major footwear brands are also struggling with Nike recently reporting a shocking sales collapse. Nike's sales dropped 9 percent in the first quarter of the year, a staggering $1.16 billion drop.
Daily Mail
2 days ago
- Business
- Daily Mail
Beloved Steve Madden rival closes down 14 stores amid retail bloodbath
A much-loved footwear chain has shuttered the majority of its stores as it teeters on the edge of bankruptcy. Freebird, founded in Denver in 2009, rose to prominence selling a range of boots and other niche footwear. However, the brand -once a rival of major brands such as Steve Madden - has fallen on tough times and has now shuttered 14 of its 20 locations. The retailer has blamed the rising cost of staff wages, dips in consumer spending and supply chain issues made worse by Trump's recent tariffs. The company's woes were laid bare last month when KeyBank sued in an attempt to recoup some of the $15.4 million they claim Freebird owes the bank, The Sun reported. A court ordered financial firm Ampleo to take control of the company and instigate turnaround efforts. Ampleo consultant Doug Charboneau soon told the court that Freebird was in a 'severe liquidity crisis.' On top of its KeyBank debt the footwear maker also owes $6 million to the Mexico-based manufacturer that supplies 85 percent of its products. However, this supplier has now ceased operations, according to the publication. Ampleo said it is in negotiation with two companies interested in buying Freebird. However, if a deal is not forthcoming then it will close four more of its remaining stores. This would leave Freebirds at risk of a bankruptcy filing and full liquidation. As the chain's future looks uncertain shoppers may be able to pick up sale bargains as it tries to shift its inventory. All sales in store and online are now final, and returns will not be accepted. It comes just weeks after another popular shoe chain filed for bankruptcy as in-person store's continue to struggle in a tough retail landscape. Soleply, known for its high-end brands like Kanye West's Yeezy, filed for Chapter 11 bankruptcy in New Jersey back in March. Freebird were sued by KeyBank over unpaid debts of more than $15 million The brand has fallen on tough times and has now shuttered 14 of its 20 locations Soleply filed for Chapter 11 bankruptcy in New Jersey back in March. Soleply - which also sells t-shirts, sweatshirts, jackets and hoodies - has up to $10 million in debts, according to court filings. The premier sneaker retailer currently has six locations across Delaware, Connecticut, Maryland, Rhode Island, New Jersey and Pennsylvania. Major footwear brands are also struggling with Nike recently reporting a shocking sales collapse. Nike's sales dropped 9 percent in the first quarter of the year, a staggering $1.16 billion drop.
Globe and Mail
18-06-2025
- Entertainment
- Globe and Mail
'SNL: Ladies & Gentlemen...50 Years of Music' Now Open at The Rock & Roll Hall of Fame
CLEVELAND, June 18, 2025 (GLOBE NEWSWIRE) -- WHAT: The official opening of The Rock & Roll Hall of Fame and Saturday Night Live's 50th Anniversary exhibit, 'SNL: Ladies & Gentlemen… 50 Years of Music' with a special performance by 11-season veteran of Saturday Night Live, Fred Armisen, from the PNC Stage to help celebrate the new groundbreaking exhibit, which honors 50 years of musical guests and musical sketches on Saturday Night Live. With over 150 RRHOF Inductees who have appeared on the show, the RRHOF is the only place on the planet where fans can view the 1,900 musical guest performances, including some never-before-seen dress rehearsal footage. Additionally, the evening included special activations throughout the Museum including the premiere of the exclusive edit of the critically acclaimed documentary 'Ladies & Gentlemen… 50 Years of SNL Music' directed by Ahmir 'Questlove' Thompson showing in the Foster Theater, with artifact presentations by the Rock Hall Library & Archives and Curatorial Teams, special Saturday Night Live -themed trivia, visitor photo ops, and a jam session with the Rock Hall house band in the Garage featuring songs made famous on SNL. More information about the exhibit can be found at Fans can plan their visit to see the exhibit by visiting and as always, the Rock & Roll Hall of Fame is free to all city of Cleveland residents through the CLE VIP program sponsored by Key Bank. WHEN: June 14, 2025, from 6:30 p.m. – 10:00 p.m. WHERE: Rock & Roll Hall of Fame 1100 Rock N Roll Blvd Cleveland, OH 44114 MEDIA ASSETS (IMAGES/BROLL): Credit: Courtesy of The Rock & Roll Hall of Fame* *except where otherwise noted MORE INFORMATION: CONTACT/RSVP: J.R. Johnson / Kelly Schikowski FTM@ Photos accompanying this announcement are available at
Yahoo
12-06-2025
- Business
- Yahoo
NiCE Actimize X-Sight AI Enterprise Platform Increases Modernization of KeyBank's Financial Crime Operations
KeyBank also leverages NiCE for its workforce augmentation capabilities utilizing intelligent automation to streamline operations and drive productivity across service touchpoints HOBOKEN, N.J., June 12, 2025--(BUSINESS WIRE)--NiCE Actimize, a NiCE (NASDAQ: NICE) business, today announced that KeyBank has increased the modernization of its financial crime operations with the X-Sight AI Enterprise Platform, an advanced portfolio of solutions which effectively address the financial services institutions' (FIs) most pressing challenges. KeyBank is one of the nation's largest bank-based FIs. KeyBank's objectives in its modernization were to tackle a variety of operational challenges, while enhancing overall efficiency. Now fully live with fraud and anti-money laundering capabilities, the advanced SaaS platform is designed to reduce disruptions caused by system downtime or performance issues so that KeyBank can now more swiftly resolve issues and achieve enhanced overall system reliability and a smoother, more dependable banking experience. With built-in agility derived from NiCE Actimize's Integrated Fraud Management (IFM) system, KeyBank can now more quickly adapt workflows and implement new compliance measures in response to changing regulations and new types of fraud. KeyBank incorporated NiCE Actimize's ActOne case management capabilities into the modernized approach and additionally updated its platform with the addition of X-Sight Enterprise for Anti-Money Laundering, including CDD capabilities. "KeyBank sought to future-proof its operations, and NiCE Actimize's advanced X-Sight AI Enterprise platform provided a seamless path," said Amy Brady, Chief Information Officer, KeyBank. "We were challenged by increased costs associated with manual system upgrades and patches. By replacing our previous solutions, we have ensured consistent performance and minimized system downtime, allowing the organization to respond more effectively to evolving regulatory changes." Explained Craig Costigan, CEO, NiCE Actimize, "The X-Sight AI platform helps firms simplify the complexities of managing multiple deployments, providing a comprehensive view of transactions and potential risks. One significant benefit is that the platform ensures banks can utilize the most advanced capabilities without the delay of manual updates. This enables the adoption of future innovations such as advanced analytics which enhance fraud detection and regulatory compliance." In addition to being a NiCE Actimize customer, KeyBank also leverages NiCE's AI-powered workforce augmentation capabilities to boost operational efficiency and enhance both employee and customer experiences. By introducing forecasting and scheduling with greater automation and precision, leadership improved reporting accuracy and hit service level goals all year. The standout achievement: hundreds of 'man-hours' saved during the busiest time of the year through NiCE's self-service PTO bidding, freeing resources to optimize service, and providing employees with more flexibility. About KeyCorpIn 2025, KeyCorp celebrates its bicentennial, marking 200 years of service to clients and communities from Maine to Alaska. To learn more, visit KeyBank Heritage Center. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $189 billion at March 31, 2025. Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,000 branches and approximately 1,200 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit KeyBank Member FDIC. About NiCE ActimizeAs a global leader in artificial intelligence, platform services, and cloud solutions, NiCE Actimize excels in preventing fraud, detecting financial crime, and supporting regulatory compliance. Over 1,000 organizations across more than 70 countries trust NiCE Actimize to protect their institutions and safeguard assets throughout the entire customer lifecycle. With NiCE Actimize, customers gain deeper insights and mitigate risks. Learn more at About NiCENiCE (NASDAQ: NICE) is transforming the world with AI that puts people first. Our purpose-built AI-powered platforms automate engagements into proactive, safe, intelligent actions, empowering individuals and organizations to innovate and act, from interaction to resolution. Trusted by organizations throughout 150+ countries worldwide, NiCE's platforms are widely adopted across industries connecting people, systems, and workflows to work smarter at scale, elevating performance across the organization, delivering proven measurable outcomes. Trademark Note: NiCE and the NiCE logo are trademarks of NICE Ltd. All other marks are trademarks of their respective owners. For a full list of NICE's marks, please see: Forward-Looking StatementsThis press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, including the statements by Mr. Costigan, are based on the current beliefs, expectations and assumptions of the management of NICE Ltd. (the "Company"). In some cases, such forward-looking statements can be identified by terms such as "believe," "expect," "seek," "may," "will," "intend," "should," "project," "anticipate," "plan," "estimate," or similar words. Forward-looking statements are subject to a number of risks and uncertainties that could cause the actual results or performance of the Company to differ materially from those described herein, including but not limited to the impact of changes in general economic and business conditions; competition; successful execution of the Company's growth strategy; success and growth of the Company's cloud Software-as-a-Service business; rapid changes in technology and market requirements; the implementation of AI capabilities in certain products and services, decline in demand for the Company's products; inability to timely develop and introduce new technologies, products and applications; difficulties in making additional acquisitions or difficulties or effectively integrating acquired operations; loss of market share; an inability to maintain certain marketing and distribution arrangements; the Company's dependency on third-party cloud computing platform providers, hosting facilities and service partners; cyber security attacks or other security incidents; privacy concerns; changes in currency exchange rates and interest rates, the effects of additional tax liabilities resulting from our global operations, the effect of unexpected events or geo-political conditions, including those arising from political instability or armed conflict that may disrupt our business and the global economy; our ability to recruit and retain qualified personnel; the effect of newly enacted or modified laws, regulation or standards on the Company and our products and various other factors and uncertainties discussed in our filings with the U.S. Securities and Exchange Commission (the "SEC"). For a more detailed description of the risk factors and uncertainties affecting the company, refer to the Company's reports filed from time to time with the SEC, including the Company's Annual Report on Form 20-F. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company undertakes no obligation to update or revise them, except as required by law. View source version on Contacts Corporate Media Contact Cindy Morgan-Olson, +1 646 408 5896, media@ ET Investors Marty Cohen, +1 551 256 5354, ir@ ETOmri Arens, +972 3 763 0127, ir@ CET Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
