BPAY Group recognised as one of Australia’s most innovative companies for second year running

Announcement follows top 5 2020 Best Places to Work award in July, two gold awards in the W3 Awards on Wednesday, and Employer of Choice win in the Australian Business Awards 2020 yesterday

BPAY Group has been named on the 2020 AFR BOSS Most Innovative Companies List for the second consecutive year.
The prestigious annual list, published by The Australian Financial Review and Boss Magazine, is based on a rigorous assessment process managed by Australia’s leading innovation consultancy, Inventium, in conjunction with a panel of industry expert judges.
BPAY Group ranked #3 on the Banking, Superannuation and Financial Services list, from over 600 nominated organisations across Australia and New Zealand. The ranking was based on an assessment that measured BPAY Group’s Developer Portal which provides access to BPAY APIs - a top innovation implemented in the past two years.
Specifically, the judges looked at how valuable the problem is that the innovation is solving, the quality and uniqueness of the solution, and the level of impact that the innovation has had.
Inventium also assessed internal elements such as innovation culture, strategy, resources and process, which demonstrate a sustainable and repeatable approach to innovation. The full list can be viewed here.
“For BPAY Group to be named on the 2020 AFR BOSS Most Innovative Companies List for the second year in a row makes me incredibly proud. It proves that we continue to excel at transformational leadership, and that innovation is embedded within the organisation’s DNA,” said John Banfield, BPAY Group CEO.
“Our purpose is to make life simpler and our business strategy has been built to ensure everything we do is focused on that purpose.
“Last year our innovation mindset was exemplified through the success of our Osko payment service, which was ranked the second top innovation in the Banking, Superannuation & Finance category. This year our Developer Portal which provides user friendly access to BPAY APIs, has been our recognised innovation case study. These innovations highlight how we create solutions that support businesses and their customers’ needs.
“Following our top 5 ranking in the Best Place to Work in 2020 awards in July, our two gold awards for our new websites in the W3 Awards on Wednesday, and our Employer of Choice win in The Australian Business Awards 2020 yesterday, we will continue to actively transform BPAY Group by focusing on our clear business strategy that includes an emphasis on strong customer relationships and employee engagement. I’m privileged to lead a company that truly makes a difference,” said Banfield.

Watch BPAY Group’s latest video on how the company drives connection with employees while working remotely here.