Remove Cleveland Remove Management Remove Retail
article thumbnail

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. In Arkansas, a project manager employed by a major retailer has pleaded guilty to bank fraud charges for filing fraudulent bank loan applications seeking more than $8 million in PPP loans.

Fraud 276
article thumbnail

KeyBank ups tech spend by $12M

BankInovation

KeyBank remained focused on expense management and improving its technology to stay competitive in the third quarter. The Cleveland-based bank’s noninterest expense increased to $1.1 Expense management remains a […] billion in the quarter, up by 0.4%

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Rocket Trims IPO By 39 Pct From $3.3B To $2B After Investors Reject Valuation

PYMNTS

Rocket describes itself as the largest retail mortgage lender in the U.S. Gilbert, owner of the Cleveland Cavaliers and founder of Quicken Loans will retain 79 percent of the voting power of the company’s common stock through controlling entities, the SEC filing shows. which is owned by Gilbert.

Cleveland 233
article thumbnail

KeyBank upgrades relationship banking with human-digital approach

BankInovation

The Cleveland-based bank, which has $156 billion in assets, is using banker-led consulting sessions, complemented by proprietary algorithms, to connect customers with relevant solutions. KeyBank is embracing a human-digital strategy.

article thumbnail

Amazon Expands Amazon Home Services To Twenty New Metro Areas

PYMNTS

In a press release , the eCommerce giant said the new cities include Indianapolis, IN; Las Vegas, NV; San Antonio, TX; Ann Arbor, MI; Cleveland, OH; Milwaukee, WI; Boulder, CO; Raleigh, NC; Trenton, NJ; and more. said Nish Lathia, general manager of Amazon Home Services , in the press release. Amazon announced Monday (Nov.

Metro 100
article thumbnail

Verizon, AT&T Finalists To Buy Yahoo’s Core Business

PYMNTS

Reuters is reporting that Yahoo has attracted five groups into the final round of bidding on its core business, with Verizon, Quicken Loans founder and Cleveland Cavaliers owner Dan Gilbert and Vector Capital Management leading the way. According to Bloomberg , the remaining pair of bidders is made up of AT&T and TPG.

Cleveland 100
article thumbnail

Beyond Amazon Go: The Technologies And Players Shaping Cashier-Less Retail

CB Insights

Traditional retail is getting an upgrade. Despite the rise of e-commerce and mobile, the physical channel still plays an important role in consumer experience — and retailers are increasingly leveraging technologies to stay afloat. Get the entire 54-page retail report. Why Are retailers are pivoting towards cashier-less retail?

Retail 71