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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.

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Full-Service Branch Access Unaffected Despite Industry Consolidation

Banking Exchange

Report by the Federal Reserve of Cleveland studied whether bank consolidation had impacted customer access Retail Banking Financial Trends Duties Branch Technology/ATMs Customers Feature3 Feature Financial Research.

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US DOJ Charges 14 With $28M In PPP Fraud

PYMNTS

Levy, 50, of Bedford, Ohio; and Abdul-Azeem Levy, 22, of Cleveland, Ohio. 46, of Cleveland, Ohio; and Bern Benoit, 44, of Burbank, California. Augustin, 51, of Coral Springs, Florida; Wyleia Nashon Williams, 44, of Fort Lauderdale, Florida; James R. Stote, 54, of Hollywood, Florida; Ross Charno, 46, of Fort Lauderdale, Florida; Deon D.

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Ohio Firms Team To Put PPE Into Vending Machines

PYMNTS

To make personal protective equipment (PPE) available via vending machines, PPE and medical safety product distributor CLEANLIFE and vending industry supplier D&S Vending are joining forces. The companies said all the kitting will be done in Cleveland. CLEANLIFE and D & S are both in Cleveland, Ohio.

Ohio 168
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New Study Suggests Online Lenders Target Vulnerable Consumers

PYMNTS

The Federal Reserve Bank of Cleveland issued new research on the online lending market showing that borrowers end up in more debt than consumers who don’t utilize this method of borrowing. The Philadelphia and Chicago Federal Reserve recently conducted a more granular study and reached the opposite conclusion as this Cleveland Fed research.”

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United Drops Change Fees On Domestic Flights

PYMNTS

Last month, Kirby said the airline industry will face challenges until there's a COVID-19 vaccine. The changes apply to standard economy and premium tickets for travel within the U.S., Puerto Rico and the U.S. Virgin Islands. In addition to dropping fees, United said it rolled out United CleanPlus to put health and safety first.

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Bidder for aerospace firm Meggitt should be pressed to beef up its commitments | Nils Pratley

TheGuardian

UK investors, once again, have been guilty of seriously undervaluing a FTSE 250 industrial company. The tricky part is the “legally binding commitments to HM Government” being championed by Cleveland-based Parker as a way to try to make the deal go down easily with UK politicians.