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Coronavirus Refunds: Cleveland Indians Unveil Credit, Reimbursement Options

PYMNTS

The Cleveland Indians unveiled credit and reimbursement options for fans along with their new schedule for this year in an announcement. As the pandemic continues to disrupt everyday life the world over, consumers might want refunds on things they have already paid for but may not be able to use.

Cleveland 141
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Cleveland Fed Pulls P2P Lending Report for ‘Revision’ Over Questions on Data

Bank Innovation

The Federal Reserve Bank of Cleveland has taken a report on P2P lending offline due to questions regarding the report’s underlying data.

Cleveland 170
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Fed touts FedNow’s fraud tools

Payments Dive

Cleveland Fed President Loretta Mester in a speech this week spelled out tools the new instant payments system will have for thwarting fraud.

Tools 370
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Key looks to offload risk in deal with Blackstone

American Banker

The Cleveland-based regional bank is shedding credit risk in a partnership with the private equity giant Blackstone. It's the latest tie-up between asset managers and regional banks that are looking to free up balance-sheet capacity.

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Mezu trumpets privacy with new mobile P2P app

Payments Dive

As consumers become more conscious about which companies they share sensitive information with, a Cleveland-based company has launched a mobile person-to-person app that adds a level of anonymity its co-founder and CEO believes is missing from the market.

Cleveland 279
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First Financial Bank President to Join Federal Reserve Bank of Cleveland Board

Banking Exchange

Archie Brown has been president and CEO of First Financial Bank since 2018 Community Banking Feature3 Feature Human Resources Management.

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KeyBank ups tech spend by $12M

BankInovation

The Cleveland-based bank’s noninterest expense increased to $1.1 KeyBank remained focused on expense management and improving its technology to stay competitive in the third quarter. billion in the quarter, up by 0.4% year over year, driven by an increase of $12 million in tech spend, according to its quarterly earnings report.