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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.

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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.

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Cleveland Fed taps former Goldman Sachs exec as next president

American Banker

Beth Hammack, who stepped down as the bank's co-head of global finance earlier this year, will take the helm as President of the Federal Reserve Bank of Cleveland later this summer following the retirement of longtime President Loretta Mester.

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KeyCorp says $2.8B deal with Scotiabank will help it be 'front-footed'

American Banker

Cleveland-based KeyCorp wasn't seeking capital but saw the benefits of Scotiabank's minority stake. The deal would enable the Canadian lender to step into the U.S. consumer market.

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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.

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Scotiabank to buy 14.9% of KeyCorp for about $2.8B

BankInovation

of Cleveland-based KeyCorp by buying shares at $17.17 Bank of Nova Scotia agreed to buy a minority stake in KeyCorp, which was among the US regional banks hit hardest in last year’s tumult, for about $2.8 billion as part of a focus on North America. Scotiabank will acquire 14.9% each, representing an 11% premium to […]