|[March 21, 2014]
The 2014 PYMNTS Innovator Award Winners Announced
BOSTON --(Business Wire)--
Innovation Project, the most prestigious annual conference focused
on the reinvention of the payments industry, concluded yesterday with
the announcement of the 2014 PYMNTS Innovator Awards recognizing
pioneers, leaders and innovators in the payments industry. In addition
to inducting three people into the Hall of Fame, notable awards included
The Catalyst Award, Most Innovative, the first-annual Women Driving
Innovation in Payments Award, the Lifetime Achievement Award, and the
Best in Show.
"One of our delegates said it best: The Innovation Project isn't a
conference it is a giant conversation about innovation in payments among
the most respected leaders in the payments industry," said Karen
Webster, CEO of Market Platform Dynamics (News - Alert) and President of PYMNTS.com,
the organizer of the event. "The awards are particularly meaningful
because the finalists are vetted by judges who really understand the
space and are then voted on by the PYMNTS community. This year's award
finalists comprised the highest-caliber innovators in the industry, and
I'm delighted to recognize our elite group of award winners."
In addition, 40 of the coolest, newest and freshest innovators in
payments competed in the Innovator Expo™ for the chance to be named
"Best in Show" and win a $25,000 cash prize sponsored by VeriFone.
Pangar.me, co-founded by Henrique
Dubugras, Pedro Franceschi and Henrique Coelho, was named the winner.
The Lifetime Achievement Award was presented this year to the family of
Frank McNamara, the founder of Diner's Club. There were also three
inductions to the Payments Hall of Fame™: Arthur Hahn, inventor of the
Magnetic Stripe; Robert W. Selander, president and CEO of MasterCard
from 1997 to 2010; and George Wallner, co-founder of Loop and the
investor of the modern POS terminal.
The payments' industry's competitive roblem solving challenge, The
ThinkAThon™ featured 9 teams competing to solve the industry's three
most vexing questions. The winners were:
Eliminating the Friction in Global Cross-Border Commerce - Tom Brown,
Paul Hastings (News - Alert)
Making Omni Channel Payments Seamless - Patrick Gauthier, PayPal
Defending Payments' Systems from Cyber Hacking - Jeff Wakefield,
The Innovation Project™ also featured two new awards this year. The
Women Driving Innovation in Payments Award was selected across 16
categories by a panel of judges with deep and practical expertise in
payments and innovation. Melissa Smith, President and CEO of WEX, was
named the winner. PayPal was awarded the first PYMNTS Catalyst Award,
which recognizes the company that has created the greatest value in
payments, broadly defined, by eliminating a friction between trading
partners and in the process, creating an environment for other
innovations and innovators to emerge.
The Innovator Awards™ are viewed as the most prestigious recognition in
the payments industry and boast a submission, selection and voting
process that is unmatched in intellectual rigor and competitive energy.
Sixty-nine finalists competed for 15 prestigious awards:
Most Innovative Company: Gold Winner - LevelUp; Silver Winner -
Upstart; Bronze Winner - Klarna.
Best Check Innovation: Gold Winner - PaySimple eCheck; Silver
Winner - Venmo; Bronze Winner - American Express (News - Alert) Bluebird.
Best Innovation via ACH: Gold Winner - transmodus; Silver
Winner - Venmo; Bronze Winner-Mitek.
Best Prepaid Innovation: Gold Winner - Blackhawk; Silver Winner
- Dunkin' Donuts Mobile App; Bronze Winner - Mozido.
Best Debit Innovation: Gold Winner - Square Cash; Silver Winner
- Simple; Bronze Winner - T-Mobile Money.
Best Credit Innovation: Gold Winner - Credit Karma; Silver
Winner - Lending Club; Bronze Winner - Klarna.
Best B2B Innovation: Gold Winner -Bill.com; Silver Winner -
Billtrust Invoice Central; Bronze Winner - Traxpay.
Best Cash Innovation: Gold Winner - Incomm Cashtie; Silver
Winner - PayNearMe; Bronze Winner - Paydiant MCA.
Best Small Business Innovation: Gold Winner - Fundbox; Silver
Winner - Shopify Payments; Bronze Winner - FreshBooks.
Best POS Innovation: Gold Winner - Square Register; Silver
Winner - Clover; Bronze Winner - Shopify.
Most Invisible Company: Gold Winner - Paydiant; Silver Winner -
IP Payments; Bronze Winner - Early Warning.
Best Newcomer: Gold Winner - Coin; Silver Winner - Shopify;
Bronze Winner - Chase.
Best New Technology (News - Alert): Gold Winner - Apple Touch ID; Silver
Winner - Ripple Labs; Bronze Winner - Open Table.
Best Comeback Story: Gold Winner - Google (News - Alert) Wallet; Silver Winner
- OTI Wave; Bronze Winner - Prosper.
Most Disruptive Innovation: Gold Winner - Bitcoin; Silver
Winner - Chase; Bronze Winner - Ripple Labs.
About The Innovation Project
Over 2 days, 60+ speakers and 600 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
19th�& 20th�the greatest minds in commerce and payments will assemble at
Annenberg Hall in Memorial Hall on the Campus of Harvard University*
near Boston to kick the conversation about innovation up to an entirely
different level at�The Innovation Project. Speakers and delegates are
among the most senior executives from literally every established
payments company worldwide.
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.
*Please note that The Innovation Project and PYMNTS.com are not
affiliated with Harvard University, nor is the Innovation Project 2014 a
Harvard University program or activity.
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