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The produce industry is inherently uncertain, because Mother Nature has a lot to say when it comes to growing fruits and vegetables. As a result, prices and availability fluctuate. This inherent variability creates noise in the industry and ultimately makes it hard for people to trade, Pablo Borquez, CEO and founder of ProducePay, told PYMNTS. This ultimately permeates across the industry. ProducePay has been working for s stanley mug even years to add certainty and efficiency to differ stanley cup ent parts of the industry. For example, the company provides trade protection, capital and market insights for members of the produce supply chain. On Feb. 18, it added another piece: a financing service for growers.Coping with Post-Delivery AdjustmentsBecause perishability shapes the industry, many trades are subject to renegotiation after the fact, Borquez said. This creates uncertainty between the parties, and often make stanley nz s sellers unwilling to work with new counterparties because theyre concerned about post-delivery adjustments.ProducePay aims to change that by enabling growers to receive up to 96% of their shipments value 24 hours after it is received by the buyer. As it manages over $2 billion worth of transactions every year, ProducePay can diversify risk and underwrite trades in this way. The company has found that the 4% margin is enough to cover the trades that are properly due adjustments. We launch it to effectively add another tool to our arsenal of services that ultimately allows clients to fu Bncw Deluxe Pairs With Microsoft To Provide SMB Management Tools

The European Union EU has ordered Airbnb to bring its terms and conditions into line with the blocs consumer rules after a recent review found violations. According to Reuters, an EU executive revealed that 8220 ome of Airbnbs terms, and the way it presents its prices, breach the blocs unfair commercial practices directive, the unfair contract terms directive and the regulation on jurisdiction in civil an stanley cup d commercial matters.The review was started聽after national consumer agencies, in June, investigated Airbnbs business practices. Rental platforms have grown in popularity in recent years because of their competitive prices over many hotels. But popularity cannot be an excuse for not complying with EU consumer rules. Consumers must easily understand 8230; how much they are expected to pay for the services, and have fair rules for example on cancellation of the accommodation by the owner, said EU Justice Commissioner Vera Jourova.Rental platforms have also received heat as the cause of rising property prices, as well as a housing shortage in Paris, Berlin, Amsterdam and other major cities.Airbnb has until the end of August to respond to the criticism, then its proposal will be reviewed by the Commission and national consumer authorities. The company could face fines if it does not comply with EU rules. The EU executive said Airbnb needs to include whether accommodation is offered by a private indi stanley us vidual or a professional and details of the price in a clear way, stanley mugs th