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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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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 researchers used data from TransUnion for the study, pinpointing 90,000 borrowers who took out online loans from 2007 to 2012.

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SMBs Struggle To Cope With New Trade Tariffs

PYMNTS

He added that smaller firms often must pay the tariffs with cash they’d usually spend on hiring more employees, marketing or expanding their businesses. Tom Lix, founder of Cleveland Whiskey in Cleveland, Ohio, added that he has not filled four positions that he planned to because of the tariffs. “We

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[Q&A Series] The Future of Healthcare: Momentum

Perficient

How can the healthcare industry adapt, so it’s better positioned to withstand future challenges? Cleveland Clinic saw 10 times the increase in volume from consumers. With the government bringing reimbursement for telehealth on par with in-person visits, the need for telehealth just continues to grow.

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Warehouse Space Going For Premium Rates

PYMNTS

As of Q2 2016, industrial warehouse space declined by 8.8 Of the 57 major retail markets studied, 37 of them posted decreases to warehousing availability. economy still is moving along at a slow and steady space, and that will sustain industrial demand,” Havsy said. percent — the lowest such figure since 2001.

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Subscriptions, AR Automation, PPP Loan Forgiveness Top This Week’s News

PYMNTS

Firms throughout any number of industries had to make both significant and small changes to the ways they meet consumers and fine-tune their roadmaps. The possible value of the Banking-as-a-Service (BaaS) market could reach almost $4 trillion during the next 10 years, according to a recent report. percent estimated previously. .

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Mortgage Man

Independent Banker

Matt Harms Cleveland State Bank in Cleveland, Wis. When there is a need at Cleveland State Bank in Cleveland, Wis., Matt is very much an optimist,” says Tim Schueler, Cleveland State Bank’s president and CEO. Matt Harms takes the time to serve people and fulfill financial dreams. By Kelly Pike.