OB10 Express Payments named as innovator finalist

OB10 Express Payments named as innovator finalist

Posted by Pete Loughlin in News 08 Mar 2013

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 early payment 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 BJ 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 payments 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 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.

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