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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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Coronavirus Refunds: NFL Details Reimbursement Procedure; Cleveland Cavaliers Provide Refund Options

PYMNTS

The Cleveland Cavaliers are offering refund options for fans who hold single-game tickets for a 2019-2020 season that is suspended as of now, Cleveland.com reported. The Jets said per the report that single tickets will not be available for sale Thursday when the league’s schedule comes out due to the uncertainty around COVID-19.

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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.

Tools 370
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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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KeyBank expands commercial banking to Chicago and Southern California

American Banker

The Cleveland-based bank now has commercial lending teams in both markets, including a team it recently hired away from Huntington Bancshares.

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KeyCorp swings to loss on $737 million bond-sale charge

American Banker

The Cleveland lender sold some $7 billion in bonds at a loss, leading to the fall in the bottom line. Excluding that hit, KeyCorp's profits rose 9%.