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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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Colleagues Come Together to Donate Over $20,000 to Support Those in Hunger Around the World

Perficient

Leading with empathy is the norm and we are always seeking to see things from different perspectives — as a global company, our diverse backgrounds and perspectives are what support our innovation. Cleveland Food Bank. BONUS: Professional Athletes Rally Behind Perficient’s Global Campaign of Kindness. Chattanooga Community Kitchen.

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BofA Will Add 500 New Locations and Redesigns Old Ones With More Tech

Bank Innovation

With these branches, the bank will also move into Cincinnati, Cleveland, and Columbus, Ohio. Bank of America will open 500 new branches in the United States over the course of the next four years, the bank announced today. It will continue to make investments for both physical and digital growth, according to CNBC, and will.Read More.

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KeyBank Takes Equity Stake in Payment Cycle Firm BillTrust

Bank Innovation

Cleveland-based KeyBank announced a partnership with cloud-based payment cycle management firm BillTrust, with KeyBank taking an equity stake in the firm, the companies said yesterday in a statement. Terms of KeyBank’s equity investment were not disclosed.

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Xealth Raises $14M In Series A

PYMNTS

New investors Atrium Health, Cleveland Clinic and MemorialCare Innovation Fund joined McKesson Ventures, Novartis, Philips, ResMed, Threshold Ventures (formerly DFJ Venture), Providence Ventures, UPMC and Froedtert and the Medical College of Wisconsin health network as participants in the round. . ”

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18 Corporate Innovation Labs In Healthcare

CB Insights

One solution: in-house healthcare innovation labs. We put together a list of healthcare innovation labs from new entries to the field, as well as some of the oldest — and most familiar — names in health. Sometimes corporate innovation goes wrong , and we’ve written about corporate innovation theater before.

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DOJ To Investigate Intuit’s $7B Takeover Of Credit Karma 

PYMNTS

I have serious concerns that this transaction is an attempt by Intuit, a dominant incumbent, to eliminate an innovative and disruptive upstart, and that if permitted, it will harm the competitive process,” the Rhode Island Democrat wrote. Senator Ronald Wyden (D-Oregon) raised similar concerns.