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Today in B2B payments, SignEasy discusses the role of eSignatures in procure-to-pay, and Kyriba collaborates with Soci茅t茅 Generale on treasury technology. Plus, Trux discusses clearing the B2B payments paper backlog on trucking, Keysight expands its B2B eCommerce site and Fresha raises $100 million.How eSignature Technology Earned The Trust Of Procure-To-PayClearing The Paper Backlog That Keeps Truckers From Timely B2B PaymentsCoordinating trucking services to and from construction
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stanley italy eadache. But with so much paper involved, from scale tickets to authorization documents, the B2B payment workflow can be its own nightmare, and trucking firms ; cash flow becomes the casualty. Trux Chief Revenue Officer Tom Spencer discusses the role digitization plays in streamlining the movement of funds.Soci茅t茅 Generale, Kyriba Team On Cloud Treasury OfferingKeysight Expands B2B eCommerce Site To EU, UKKeysight Technologies, whose offerings include hardware and software for testing and measuring networks and equipment,
stanley termosky announced in a聽press release that it has expanded its B2B eCommerce website in the Americas to 26 countries in the European Union and the United Kingdom, making purchasing easier for customers. Keysights goal is to create an integrated multi-channel transactional ecosystem that offers customers an effortless purchasing experience via the coexistence of eCommerce and distribution, Kari Fauber, senior director of global partners and eCommerce at Keysigh Uvns Peloton Prices Will Rise 15% as Connected Fitness Firm Ends Free Delivery and Assembly
The ugly reput
stanley us ation among payday lenders, along with regulatory crackdowns in the market, have fractured the UKs largest industry player.Accord
stanley cup ing to Tuesday reports Feb. 24 , Wonga Group revealed plans to cut its workforce and nix its small business lending operations. A total of 325 jobs will be eliminated, the company said, amounting to more than one-third of its workforce across the UK, Ireland, South Africa and Israel. It plans to close its Tel Aviv location altogether by the middle of this year and shutter the doors of its Dublin location b
stanley termohrnek y mid-2016.Overall, Wonga said it will look to reduce costs by as much as 拢25 million by 2017.The restructuring efforts are part of the lenders decision to refocus on short-term loans for individual consumers, the company said.The UK Financial Conduct Authority recently targeted the payday lending industry with the aim of capping interest rates that critics say are unfairly high. Reports say the watchdog has now ordered payday lenders to make details of their loan products available on at least one price comparison website in efforts to improve transparency among the lenders.Until last year, Wonga had advertised online its yearly interest rates set a 5,853 percent. Regulations will cap that rate at a 292 percent annually, according to reports.Wonga also raised significant controversy in recent months that, for some, epitomized the troubles of the payday loan industry. Last June the company agreed to pay 拢2.6 million to settle allega
