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

TheGuardian

Parker Hannifin could potentially be a decent owner but its commitments are too easy to wriggle out of The only simple element in US group Parker Hannifin’s £6.3bn bid for Coventry-based defence and aerospace business Meggitt is the takeover premium: an offer at 71% more than last week’s share price counts as fat by any measure.

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PYMNTS Daily Data Dive: The Underbanked Still A Problem In The US

PYMNTS

The Council of Economic Advisors considers the change in the number of unbanked or underbanked to be heading in the right direction thanks to direct deposit, community development funding, and the efforts of the FinTech industry, but Bonnie Blankenship of the Cleveland Fed begs to differ.

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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? One study indicated a 500% increase in the use of telehealth within the first two weeks of the outbreak. Cleveland Clinic saw 10 times the increase in volume from consumers.

Cleveland 309
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Blockchain’s Inroads Through National Frameworks And Trade Finance

PYMNTS

The newswire said that Berlin exists as a “hub” for the industry, where roughly 10 startups focus on blockchain, and end markets span energy, pharma and transportation. Reports have noted that the use of blockchain to underpin trade finance can help supplant traditional methods, such as wire transfers.

National 161
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How Banks Have Adapted Their Digital Banking Systems To Serve Customers During The Pandemic

PYMNTS

One bank working to ensure its in-branch systems match its online capabilities is Cleveland, Ohio-based KeyBank , which operates 1,197 branches across the country and handles more than $137 billion in assets. Harnessing data in this way is common in the banking industry, with 59.3

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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. US GDP declined by 31.4 34 Payments Execs Weigh In On Payments, The Pandemic And New Possibilities (Q3 eBook). percent in Q2, Slightly Better than Estimates.

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