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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. From nowhere, sizable regional players are being created. Doug Larson.

Fintech 147
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Commerzbank Warns Of Pandemic-Related Bankruptcies In 2021

PYMNTS

Facing a second national lockdown in Germany, the bank has significantly upped its loan loss provisions, according to a report in the Financial Times on Thursday (Nov. Lockdowns and restrictions have led to surging demand for digital banking services and tools as customers adapt to the realities of virtual banking and commerce.

National 131
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It’s Tax Day, But Paper Filers Might Not See Their Refunds Until 2021

PYMNTS

“I think that the IRS is incredibly behind,” Nina Olson, a former national taxpayer advocate, told NPR. Keeping employees safe will mean slowly working through the backlog that built up during the pandemic period, according to Olson, the former national taxpayer advocate. But next year?

Taxes 146
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WHO Warns Europe Is Entering ‘Acute’ Phase Of Pandemic

PYMNTS

The World Health Organization (WHO) is warning that Europe is likely entering into the “acute” phase of the COVID-19 pandemic as nations scramble to quell the latest surge in infections. in particular, has been extremely hard-hit. “We On Wednesday (Jan. To date, Europe has confirmed approximately 27.5

National 195
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US Pending Home Sales Decline For Third Month

PYMNTS

The index, calculated monthly by the National Association of Realtors (NAR), showed that month-over-month sales activity dropped in all four major regions of the country (Northeast, Midwest, South and West). But compared to 2019, pending home sales are actually up in all regions. Pending home sales dropped 2.6

US 249
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NEW REPORT: What Demonetization? India’s Cash Usage To Reach $2.5T By 2021

PYMNTS

percent from 2016 to 2021. percent by 2021. trillion in cash in 2016 , far more than any other nation in the region. Meanwhile, a thriving underground economy is also keeping use of cash active. India’s cash usage was 3 percent in 2016 and is expected to drop slightly to 46.2 India spent $1.5

Report 104
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Slow Economic Growth, Continuing COVID Outbreaks Could Impact EU's Public, Private Sectors, IMF Says

PYMNTS

The fourth quarter of 2020 and the first quarter of 2021 are expected to be weaker than forecasted unless “pandemic dynamics change significantly,” the IMF stated, indicating fiscal and monetary stimulus could be necessary in order to help support the region. “A The IMF pointed to the 390 billion euro ($465.8

Policies 168