Bottomline Technologies (NASDAQ:EPAY), a leading provider of cloud-based payment, invoice and digital banking solutions, has been named a member of the FinTech Forward 100 list of the leading financial technology providers in the world. The list was created by American Banker and the BAI.
The company was also recognized as one of the top 10 digital service companies within the FinTech Forward list. Bottomline Technologies helps financial institutions acquire and grow business customer relationships with its digital cash management, payments and customer acquisition solutions.
Bottomline Technologies ranked among the major commercial banking technology firms for its ability to enable financial institutions to securely communicate, reconcile and manage data in financial documents within and between banks locally and internationally. By leveraging a large secure payments network, the company automates and streamlines operations for payments and cash management departments.
“As the banking industry becomes increasingly competitive we remain committed to helping our customers accelerate innovation to compete, win and grow,” said Rob Eberle, CEO of Bottomline Technologies. “Being recognized as one of the leading financial services technology providers in the world reflects our commitment and we are proud of the achievement.”
Bottomline Technologies posted revenues of over $300 million in its most recent fiscal year; the largest portion came from financial services-related business.
The annual FinTech Forward 100, formerly known as the FinTech100, represents the largest FinTech-focused companies that derive at least one-third of their revenue from banking, capital markets, payments or the insurance industries. Typical product or service categories include core processing, branch, teller, ATM, credit card, mortgage originating management, trade finance, treasury services and funds transfer.