Innovator Award Finalist VerifyValid Participates in The Innovation Project™ 2013

CAMBRIDGE, Mass. -- (BUSINESS WIRE) -- Finalist in the Best Check Innovation Category, VerifyValid is participating in The Innovation Project™ 2013. One of five finalists in their category, VerifyValid is being recognized as a leader in the payments industry. Voting took place during the past weeks with the winners being announced during a live ceremony hosted by The Office’s B.J. Novak on March 21 at The Innovation Project, a two-day program that will challenge the way that the payments and broader commerce ecosystem thinks, develops, and ignites innovation. VerifyValid is being recognized for a digital check solution.

"It’s been wonderful to collaborate with other payments thought leaders, and to be named a finalist in the Best Check Category is very exciting. We’re proud to have given the paper check its first major upgrade in 200 years,” said Paul Doyle, Founder and CEO.

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.

For more information on VerifyValid and its web based checks visit www.verifyvalid.om.

About VerifyValid
Introducing Web-based Checks
With a few simple keystrokes, you can generate a check and deliver it securely and immediately via the web. Your payee receives a legally valid check that can be used wherever and whenever checks are accepted. And unlike technology advances that force users to change business processes or purchase new equipment, the VerifyValid™ service is completely compatible with the way you operate today. You'll still send and receive checks using your existing accounting system and checking account, but you'll use them in a way that is substantially less expensive and far more efficient. Using patented fraud prevention technology based on a Trusted Time Stamp (American National Standard X9.95), VerifyValid™ now provides the critical framework for electronically validating checks. Online authentication removes the need for paper from the check process, giving checks their first major upgrade in over 200 years.

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 (Rush Card), 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. 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 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.