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

PYMNTS

The National Football League (NFL) has created a ticket refund policy in case games are called off or attendance is restricted, Newsday reported. 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. Basketball Refunds.

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

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Local and national non-profits were both represented, and many colleagues chose to give back to organizations that were unique to their community. . Cleveland Food Bank. KEEP WATCHING: Enjoy the incredible impact our colleagues made with this kindness campaign. Giving Back To Food Security Organizations. Chattanooga Community Kitchen.

St. Louis 443
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Fed Sees Possible Path To ‘Direct Issuance’ Of Digital Dollars

PYMNTS

Cleveland Federal Reserve President Loretta Mester said in a speech this week that a digital dollar could conceivably be a form of money transfer that would enable the Fed to disburse money to all individuals in America. Notably, China’s central bank is already developing and testing a national digital currency in the Asian nation.

Cleveland 330
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Blockchain’s Inroads Through National Frameworks And Trade Finance

PYMNTS

Blockchain is increasingly being separated from cryptocurrency, with an eye toward disparate use cases — some done at the national level. As reported this past week in the Cleveland Scene , one of Cleveland’s largest blockchain firms, Votem , shuttered doors abruptly amid a lack of funding.

National 161
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Fed, Central Banks Frame Criteria For Digital Currency

PYMNTS

The central banks working with the BIS include the European Central Bank, the Swiss National Bank and Bank of Japan. Last month, Cleveland Federal Reserve President Loretta Mester said in her speech “Payment and the Pandemic” that laying the groundwork for digital currency has been a priority since before COVID-19. .

Cleveland 262
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FedNow is necessary, Fed digital currency is not: Mester

Payments Source

The Cleveland Fed president dismissed concerns about the central bank's faster payments system competing with The Clearing House's network, while saying that a national digital currency is less of a necessity in the U.S. than in other countries.

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Oracle’s three modes of Progressive Transformation

Celent Banking

KeyBank , based in Cleveland, announced at Open World that it intends to use non-core systems components of Oracle Banking Platform (“OBP”) to enhance and modernize its mobile and online channels. National Australia Bank’s new entity, UBank , is a digital-only bank that NAB created as part of its bank transformation using OBP.

Cleveland 165