Paydiant to Demo Integrated Mobile Wallet and Pay-at-Table Offering for Restaurants at The Innovation Project 2013 Event

WELLESLEY, Mass.--(BUSINESS WIRE)--Paydiant, a provider of a cloud-based mobile wallet and offer redemption platform will demo its recently announced Pay-at-the-Table solution at The Innovation Project 2013. The event takes place March 20 and 21 at Harvard University. Paydiant co-founder Chris Gardner will also participate on a panel on innovations in payments titled The Architecture of Innovation - How Big Companies Can Innovate Like Little Companies.

Earlier this week, Paydiant announced that Menusoft has integrated the Paydiant mobile wallet solution into its Digital Dining restaurant management and point-of-sale (POS) software system. Menusoft’s 50,000 Digital Dining customers – from independents to large chains, from quick service to table service – can now enable pay-at-the-counter, pay-at-the-tablet/handheld and pay-at-the-table mobile wallet capabilities, along with targeted mobile offers and offer redemption, branded and configured to meet the needs of each restaurant customer.

The Architecture of Innovation - How Big Companies Can Innovate Like Little Companies panel will be led by Josh Lerner, HBS Professor and author of The Architecture of Innovation, and Diane Offereins, President of the Discover Network. In addition to Paydiant’s Gardner, other panelists include some of the most successful large-company innovators in the payments space: Mike Kennedy, Founder and Chairman of ClearExchange and EVP of Wells Fargo Strategy and Innovation; Mike Pasilla, CEO of Elavon; and Chitra Narasimhan, Managing Director from Citi Ventures. The panel takes place Thursday, March 21 at 2:30 p.m.

The Innovation Project 2013 is designed to change the way that the payments community and its broader commerce ecosystem thinks, talks, delivers and ignites innovation. The event assembles some of the greatest minds in commerce and payments including the most established players, emerging disruptors, and the hopeful entrepreneurs to kick the conversation about innovation way, way up to an entirely different level. Featured speakers include Al Gore, Warren Buffet, economist and Freakonomics author Steve Levitt, and many more.

About Paydiant

Paydiant is the provider of a cloud-based, white label mobile payment and offer redemption platform that enables merchants, banks, and payment processors to deploy and manage their own mobile payment, offer management and offer redemption solution, under their own brand and on their own terms. Based on an enterprise-class, cloud-based transaction processing platform, the Paydiant solution enables the key stakeholders in the payments value chain – retailers, banks and payment processors - to control the next generation of payment solutions. Visit www.paydiant.com for more information about the Paydiant solution.

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 start-ups in the space. One of its five modules includes pairing industry CEOs with external thought leaders such as Al Gore (former US VP), Steve Levitt (Freakonomics), Eric Reis (The Lean Startup), Rosie Rios (US 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. 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.