The Innovators 2015 - Transactions Services, is Global Finance's annual listing of key innovations in treasury and transaction services.

Author: Denise Bedell
Consumer/Financial Institutions | The Innovators 2015 - Transaction Services
The firms shown in the slideshow are honored for launching products or services that are transforming the transaction services landscape for consumers and financial institutions. Global Finance uses the OECD's Oslo Manual Of Innovation to evaluate honorees.

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Categories Of Innovation*

PRODUCT INNOVATION

A good or service that is new or significantly improved. This includes upgrades in technical specifications, components and materials, software, user friendliness or other functional characteristics.

PROCESS INNOVATION

A new or significantly improved production or delivery method. This includes changes in techniques, equipment and/or software.

MARKETING INNOVATION

A new marketing method involving significant changes in product design or packaging, product placement, product promotion or pricing.

ORGANIZATIONAL INNOVATION

A new organizational method in business practices, workplace organization or external relations.

*From the OECD Oslo Manual Of Innovation
 

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