Open Payment Alliance
The Open Payment Alliance (OPA) acts as a catalyst in the transition from the highly inefficient manner that B2B payments are handled today to a fully streamlined payment infrastructure. This group has taken an approach of defining the problem, proposing a solution, defining standards and fostering their industry-wide adoption. The goal of the OPA initiative is to attack the root of the problem of B2B payments mirroring the way disruptive innovation is happening at exponential speed across different industries worldwide: leveraging vast networks of relatively small companies which specialize in specific pieces of a complex value chain and then bundle their services into alliances to collectively disrupt entire industries. Please see the latest on the OPAs efforts at their working group micro-site here.