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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. “The

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Pepsi’s $705M Buy Of Snack Seller Makes It Leader Of China Market 

PYMNTS

The move, if approved by Haoxiangni shareholders and China’s top market regulators, would make Pepsi “China’s leading consumer-centric food and beverage company.”. China’s snack market is very profitable and grew 400 percent from 2006 through 2016, according to a study in 2019 by China’s Ministry of Commerce.

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Real Estate Market Bounces Back With 1.2 Pct Jump In Pending Home Sales

PYMNTS

percent and pending home sales rose nationwide in all regions compared to 2018. regions — Midwest, South, and Northeast — saw negligible changes in month-over-month contract activity. . He added that housing inventory has been in decline for six straight months dating back to June 2019. . percent with 3.7 percent with 3.7

Marketing 136
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Why Regional Payment Preferences Matter For Global Subscriptions

PYMNTS

With the subscription market set to reach more than $500 billion by 2023 , consumers now purchase things like music streaming, software and groceries through subscription services. But just because a merchant is successful in its home market, doesn’t mean they are also guaranteed success abroad. How Do Consumers Want to Pay?

Regional 108
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Banks can take cues from challengers on digital customer acquisition: Gartner

Bank Innovation

Gartner’s Digital IQ Index for 2019 surveyed 80 banking and financial brands, including national banks, regional banks, online banks and fintech startups. It examined 1,200 data […].

Regional 273
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US Pending Home Sales Decline For Third Month

PYMNTS

percent in November, the third consecutive month during the pandemic that activity dropped off in the real estate market, according to the Pending Home Sales Index (PHSI). But compared to 2019, pending home sales are actually up in all regions. Pending home sales dropped 2.6 percent to roughly 3 percent.

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Visa Powers Revolut’s Global Expansion Into 24 New Markets

PYMNTS

Digital banks, alt credit providers and digital wallet providers may not be thinking about cards as of late 2019, but they are thinking about how to scale their solutions beyond their domestic markets — how to make them interoperable on a global stage. So today (Sept. 30), the card network announced just such a FinTech partnership.

Marketing 211