OB10 innovation earns finalist spot at PYMNTS awards

Friday 8th March, 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. One of five finalists in their category, OB10 is being recognised as a leader in the payments industry.

Voting is open until the end of today and the winners  will be announced during a live ceremony hosted by The Office’s BJ Novak on March 21 from The Innovation Project, a two-day program which aims to challenge the way that the payments and broader commerce ecosystem thinks, develops, and ignites innovation.

OB10 is being recognised 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, with Warren Buffet as the key note.

One of its five modules includes pairing industry CEOs with external thought leaders such as Al Gore, 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.