OB10 Express Payments Named a Finalist for a PYMNTS.com Innovator Award

Prestigious award to be presented in live ceremony hosted by B.J. Novak during The Innovation Project

LONDON--(BUSINESS WIRE)--OB10 has been named as a finalist for a 2013 Innovator Award in the category of Best B2B Payments Innovation for OB10 Express Payments, a unique supply chain finance solution. One of five finalists in their category, OB10 is being recognized as a leader in the payments industry. Voting is open now through March 8 on PYMNTS.com with the winners being announced during a live ceremony hosted by The Office’s B.J. Novak on March 21 from The Innovation Project, a two-day program that will challenge the way that the payments and broader commerce ecosystem thinks, develops, and ignites innovation. OB10 is being recognized for innovation within B2B with OB10 Express Payments, which builds stronger relations between buyers and suppliers by improving cash flow and working capital by securing early payment of approved invoices.

“We are delighted to be a finalist at the PYMNTS Innovator Awards”

“We are delighted to be a finalist at the PYMNTS Innovator Awards,” said Luke McKeever, CEO at OB10. “OB10 Express Payments is having a major impact on the way companies manage their working capital and cash flow due to our strength as a mature and trusted electronic invoicing network with over 120,000 suppliers and transactions worth in excess of $158bn each year.”

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 OB10 Express Payments and its supply chain finance and e-Invoicing services visit www.OB10.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 OB10

OB10 (http://www.OB10.com), the e-Invoicing network, simplifies and streamlines the complex invoice-to-pay process to enable prompt payment. Operational across Europe, the Americas and Asia, OB10 can reduce the cost of invoice processing by 60% and deliver an ROI in less than a year.

The OB10 network connects over 120,000 suppliers to large buyers, such as Aviva, Cargill, Deutsche Lufthansa, Nomura, Eli Lilly & Company, General Motors, GlaxoSmithKline, IBM, Kellogg’s, Motorola, Tesco, US Federal Government, Whirlpool.

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 (RushCard), 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 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.