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

Author: Denise Bedell
the innovators 2015 tech image

Categories Of 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.


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


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


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

*From the OECD Oslo Manual Of Innovation


Beyonic Logo

Beyonic for Corporate Expense Payments Via Mobile Money

Category of Innovation: Product/Process

The mobile money solution allows Ugandan and African companies to send employee payments via mobile devices. Allowable payments include salaries, wages, per-diems, and the like, which are typically handled via cash in these markets

In addition, the solution integrates with business processes and databases, such as HR and accounting systems to prevent data duplication and data-entry errors. The firm partners with agent networks to make cash-out easy for a company’s employees.

C2FO Logo

C2FO for Open-Market Network Model For Supplier Finance

Category of Innovation: Process

Participating suppliers on C2FO can now seamlessly leverage the platform as buyers, allowing cash flow to move between multiple buyers and multiple suppliers across many interconnected supply chains—and without financial intermediaries.

Companies can work with key customers on early payment of their invoices and fund the early payment of their own suppliers all in the same venue. 

essDOCS Logo

essDOCS for CargoDocs BPO+

Category of Innovation: Product

CargoDocs BPO+ is an out-of-the-box bank payment obligation solution for both corporates and banks, using an online application with data sourced from original electronic documents such as electronic bills of lading and commercial invoices.

It is integrated with SWIFT and the ICC’s ‘Bank Payment Obligation’ (BPO) utility and automates and digitizes information flow at all points touching the transaction (at the corporate and bank ends).

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