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2021 GonzoBanker Awards

Gonzobanker

Gonzo readers, 2021 was just plain schizophrenic. 2021 fintech investments, merger activities, and overall focus were off the charts. Two, read and enjoy the 2021 GonzoBanker awards, our annual take on the best things we saw during the year. So which merger was the best in 2021? Doug Larson. THE BANKER AWARDS.

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Bain Capital Nets $800M For Business Impact Funding

PYMNTS

The WSJ reported that Boston-based Bain raised the funds even though other global impact funds have struggled with fundraising this year, drawing just $14.6 I think in terms of market recognition, 2020 was the breakout year — [and] in terms of commercial adoption, 2021 will be more like it.”. billion through Nov.

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CVS Health On Track To Rehab Over 1,000 Stores

PYMNTS

CVS rolled out three HealthHUB concept stores in Texas close to the conclusion of 2018 and grew the offering to 50 locations in four markets by the end of last year. Dallas-Fort Worth, Boston, Ohio and North Carolina are among the next markets the pharmacy chain is targeting for the growth of HealthHUB in 2020.

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Real Estate Money Laundering An Increasing Focus Of Governments

PYMNTS

Brigitte Unger, a professor at the Univerity of Utrecht in the Netherlands, is part of a fact-finding panel for Canada’s British Columbia on how to handle the increase of untraceable real estate purchases in Vancouver that are tied to crime syndicates and market abuse. Money laundering through real estate is about $1.6 As for the U.K.,

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Buying into AML risks in real estate

Abrigo

Key Takeaways Real estate markets are vulnerable to money laundering and fraud because of their transaction size and appreciation over time. The real estate market is enticing to more than just new homeowners or investors. Real estate market AML risks Real estate is a proven, traditional, and well-established marketplace.

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Crypto 2020: One Step Up; Two Steps Back

PYMNTS

Said Allaire of the bid to get digital currencies more front and center: “Regulators are getting their arms around them … the digital asset market is now moving, more and more, into the mainstream of finance, FinTech payments and banking world.”. And, of course, the crypto landscape extends well beyond bitcoin.

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Retail Will Play Major Role In Vaccine Distribution

PYMNTS

“The importance of the COVID-19 vaccine and a convenient, efficient and safe delivery of the vaccine cannot be overstated,” Leslie Sarasin , president and CEO of the Food Marketing Institute (FMI, formerly the Food Industry Association), said last week, Supermarket News reported.

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