Traxpay Named a Finalist for a PYMNTS.com Innovator Award

Prestigious award to be presented in live ceremony hosted by BJ Novak during the Innovation Project

MOUNTAIN VIEW, Calif. & COLOGNE, Germany--(BUSINESS WIRE)--Traxpay, the business-to-business (B2B) real-time financial transactions company, has been named as a finalist for a 2013 Innovator Award in the category of Best B2B Payments Innovation. One of five finalists in their category, Traxpay is being recognized as a leader in the payments industry. Voting is open now through March 7 on PYMNTS.com with the winners being announced during a live ceremony hosted by The Office’s B.J. Novak on March 21 at The Innovation Project, a two-day program that will challenge the way that the payments and broader commerce ecosystem thinks, develops, and ignites innovation. Traxpay is being recognized for delivering world's first real-time, 24/7 financial transactions platform and network for B2B electronic payments, anywhere, anytime, and with full data enrichment.

“Being selected as a finalist for B2B Payments Innovation Award 2013 is a strong vote of confidence for the Traxpay solution and reinforces the enthusiasm customers and partners have shown as we’ve collaborated to bring much needed innovation to the B2B payments domain.”

“Emerging from stealth mode in mid-2012, we set ourselves extremely ambitious goals for what we wanted to accomplish over the next year, and not only did we surpass those targets, but managed to move forward at even faster pace than anyone anticipated,” said John Bruggeman, CEO, Traxpay. “Being selected as a finalist for B2B Payments Innovation Award 2013 is a strong vote of confidence for the Traxpay solution and reinforces the enthusiasm customers and partners have shown as we’ve collaborated to bring much needed innovation to the B2B payments domain.”

The Innovation Project 2013 delegates include senior executives and elite innovators from every aspect of the payments and broader commerce ecosystem, worldwide. The Innovation Project is hosted by PYMNTS.com, the leading source of news and content on “what’s next” in payments innovation, and is taking place on March 20-21 at Harvard University. One of its five modules includes pairing industry CEOs with external thought leaders such as Al Gore (former U.S. VP), Steve Levitt (Freakonomics), Eric Reis (The Lean Startup), Rosie Rios (U.S. Treasurer), Russell Simmons (Rush Card), Raj Date (CFPB), and Josh Lerner (Architecture of Innovation) to challenge the conventional wisdom around what it will take to get merchants and consumers to adopt new ways to shop and pay. Warren Buffett is the program’s keynote.

For more information on Traxpay and its real-time B2B financial transactions platform visit www.traxpay.com. To see the list of other finalists and to vote, click here, and to request an invitation to participate as a delegate please visit theinnovationproject2013.com.

About Traxpay

Traxpay is redefining the B2B payments landscape with the world’s first real-time financial transactions platform capable of handling payments 24/7. Minimizing risk for companies large and small, Traxpay enables customers to safely and securely accelerate and optimize cash flows, liquidity, and working capital with unparalleled visibility and control. Traxpay is privately held and is headquartered in Mountain View, California, with R&D operations in Cologne, Germany.

About The Innovation Project

Over 2 days, 100 speakers and 500 senior members of the payments industry will change the way that the payments and its broader commerce ecosystem thinks, talks, delivers and ignites innovation. On March 20^th and 21^st the greatest minds in commerce and payments will assemble at Harvard University near Boston to kick the conversation about innovation up to an entirely different level at a program called The Innovation Project. Speakers and delegates are among the most senior executives and elite innovators from literally every established payments company worldwide, along with the CEOs of the most innovative startups in the space. One of its five modules includes pairing industry CEOs with external thought leaders such as Al Gore (former U.S. VP), Steve Levitt (Freakonomics), Eric Reis (The Lean Startup), Rosie Rios (U.S. Treasurer), Russell Simmons (Rush Card), Raj Date (CFPB), and Josh Lerner (The Architecture of Innovation) to challenge the conventional wisdom around what it will take to get merchants and consumers to adopt new ways to shop and pay. Warren Buffett is the program’s keynote. The Innovation Project also hosts the industry’s 2013 PYMNTS.com Innovator Awards, given to 15 of the industry’s top innovators over dinner, which this year will be emceed by B.J. Novak of The Office and will introduce delegates to 40 of the hottest “next generation” payments innovators.

About PYMNTS.com

PYMNTS.com is reinventing the way in which companies in payments share relevant information about the initiatives that shape the future of commerce and make news. This powerful B2B platform is the #1 site for the payments industry by traffic and the premier source of information about “what’s next” in payments. C-suite and VP level executives read it daily for these insights, making the PYMNTS.com audience the most valuable in the industry. It provides an interactive platform for companies to demonstrate thought It provides an interactive platform for companies to demonstrate thought leadership, popularize products and, most importantly, capture the mindshare of global decision-makers. It’s where the best minds and best content meet on the web.