Bottomline Technologies (NASDAQ: EPAY) is a payments technology company based in Portsmouth, NH. Financial institutions and other businesses rely on Bottomline for domestic and international payments, effective cash management tools, automated workflows for payment processing and bill review and state-of-the-art fraud detection, behavioral analytics and regulatory compliance.
While consumer payments are ubiquitous and frictionless, business payments can still be obscure and counter-intuitive. The inherent complexities of larger transaction volumes, proliferated ledgers and regulatory oversight have held back B2B payments. Bottomline wants to change that by overcoming friction and making the complex simple.
Their mission is to help businesses around the world to pay and get paid. They work with some of the world’s largest financial institutions, private and publicly traded companies, and insurers. Essentially, they help their customers by making complex business payments simple, smart, and secure.
Some of their key services include:
- Digital banking
- Secure electronic payments
- Accounts payable automation
- Fraud and financial crime management
- Global payments and cash management
In June 2020, Bottomline purchased the fintech Banksight. Banksight was a technology company that developed and marketed software-as-a-service-based customer engagement and growth platforms for banks and credit unions.