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2021 GonzoBanker Awards

Gonzobanker

Gonzo readers, 2021 was just plain schizophrenic. It accelerated the customer move to digital and the employees’ move to some kind of work-at-home arrangement, at least in part. 2021 fintech investments, merger activities, and overall focus were off the charts. Bank Deal of the Year. Bank Merger of the Year.

Fintech 142
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The Race For Singapore’s Digital Banking Licenses

PYMNTS

In late June, the Monetary Authority of Singapore (MAS) sent a ripple through the global financial services ecosystem with the announcement of its intention to issue five digital bank licenses to eligible applicants. Only two of the licenses will full digital banking licenses, while the other three will be wholesale banking licenses.

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Commerzbank Warns Of Pandemic-Related Bankruptcies In 2021

PYMNTS

Several European nations are planning to go into lockdown or renew social distancing restrictions for the next several weeks in an effort to control the spread of a second wave of COVID-19 infections in the region.

National 131
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NEW REPORT: What Demonetization? India’s Cash Usage To Reach $2.5T By 2021

PYMNTS

Demonetization was launched in India in an effort to crack down on the nation’s underground economy, boost tax revenues and encourage the transition to a digital banking infrastructure. percent from 2016 to 2021. percent by 2021. trillion in cash in 2016 , far more than any other nation in the region.

Report 104
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Today In Payments: Visa Q1 Earnings Show 60 Pct Growth For Visa Direct; Plaid’s Deposit Switch Streamlines Digital Bank Account Funding

PYMNTS

Plaid’s Deposit Switch Streamlines Digital Bank Account Funding. Airbnb, in a newly released report, predicts that 2021 will see a greater amount of regional traveling, with a focus on uniting with loved ones. But debit remained strong, contactless transactions gained traction and Visa Direct volumes surged.

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FICO Consumer Digital Banking Survey 2021 – Top Five Takeaways

FICO

At the beginning of the year, we commissioned a survey of 1,000 adults in each of fourteen countries to canvas them about their attitudes to opening a range of different financial accounts digitally using websites and apps. There were some very interesting findings and some results that challenged my pre-conceptions and received wisdom!

Survey 52
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DoorDash Partners With Payfare To Launch Banking Solution For Drivers

PYMNTS

Since the inception of Payfare, we have quickly become a name synonymous with digital banking and instant payout solutions for the on-demand gig economy.”. The new tool is available to Dashers in select regions across the East Coast. A nationwide launch is planned for early next year. .

Tools 238