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Lloyds Tells Brokers To Go Digital In 2019 Or Go Home

PYMNTS

Lloyd’s of London has announced that it might impose a ban on insurance brokers who refuse to digitalize their business in 2019. A quote target will also be introduced in Q2 2019, and all targets will now apply to both lead and follow business.”. She will start her position this coming February. “I

Regional 188
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MercadoLibre To Expand Electric Fleet After $1.1 Billion Bond Sale

PYMNTS

Chaves also said the company will earmark a percentage of the proceeds to accelerate financial inclusion in the region. The company's total revenue increased by 59 percent in 2019 to reach $2.30 Its digital ecosystem operates as an integrated regional platform that enables businesses and individuals to trade products and services.

Regional 207
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The 2019 GonzoBanker Awards

Gonzobanker

GonzoBankers, 2019 was a year of extremes. Third, read and enjoy the 2019 edition of the GonzoBanker Awards, our 18 th. The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. annual list. We may not be good, but we’re persistent!

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Germany’s FlixMobility Reports 37 Pct Boost In Transport App Users

PYMNTS

FlixMobility , a German transport app, on Thursday reported a 37% increase in passenger travel in 2019. Popular for its branded green vehicles, in 2019, FlixMobility expanded into Ukraine. FlixMobility is operating in 30 countries. The company, with an app similar to Uber’s, partners with private sector mass transit companies.

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Google Eyes Investing In Indonesia’s eCommerce Hub Tokopedia

PYMNTS

Bloomberg reported America’s largest internet corporations are eyeing Asia where the region is exploding with smartphones and tech-savvy residents. The country’s eCommerce market is projected to expand from $21 billion in 2019 to $82 billion by 2025, according to a recent study by Google, Temasek and Bain & Co., and Europe.

Google 264
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Walmart Tests Store Without Cashiers As COVID-19 Accelerates Change

PYMNTS

Walmart also saw a substantial 10 percent jump in comparable store sales over the same period in 2019. In January, Walmart dispensed with cashiers at its Neighborhood Market store in Coral Way, Fla.

Arkansas 280
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MercadoLibre: The ‘Amazon Of Latin America’ Spreads Its Wings

PYMNTS

Imagine if a North American company had the market share of Amazon, the payment flexibility of PayPal and the credit portfolio of Visa. In Latin America, such a company exists in the form of MercadoLibre , a triple-threat regional financial powerhouse based in Argentina. It now operates in 18 countries in Latin America.

America 248