KeyBank, a commercial banking institution, completed the acquisition of XUP Payments, a developer of payment platform designed to focus on developing a seamless connection. Financial terms were not disclosed. "We've long embraced the software innovation that's sweeping through the financial services industry, and the acquisition of XUP allows us to continue to be a leader in this space. XUP's highly experienced team has accelerated us on the journey to build connectivity across our systems, our partners, and our customers, to make it easy to do business with Key," Ken Gavrity, KeyBank Head of Enterprise Payments & Analytics.