Bottomline Technologies (NASDAQ:EPAY), a leading provider of financial technology which helps businesses pay and get paid, today announced an important win at this year’s Banking Technology Awards ceremony.
The Bottomline Universal Aggregator® was recognised with the award for the Best Instant Payment Service Initiative. A highly secure, fully outsourced, multi-payment channel platform, it supports the recently accredited Faster Payment Service.
Designed to give banks, corporates, governments and non-financial banking institutions an easy plug-in to an array of payment clearing and settlement systems around the world, this unique service helps decrease operational risk, improve compliance and cut costs and inefficiencies.
Ed Adshead-Grant, General Manager Payments & Cash Management, Bottomline Technologies said “We’re honoured to have been acknowledged with this prestigious recognition. But the real winners are our customers. They’ve made an informed choice in adopting the Universal Aggregator and we’re proud to provide them with a quick, easy, and affordable way to directly access the various UK payment schemes.”
Now in its 17th year, the Banking Technology Awards mark the highest level of professional and commercial achievement in deploying and exploiting all forms of IT in financial services. Considered the premier event for recognising technology innovation in banking and financial services, the awards are selected by an expert judging panel that has a justifiable reputation for their independence and rigour.
Bottomline Technologies (NASDAQ: EPAY) helps businesses pay and get paid. We make complex business payments simple, secure and seamless. Businesses and banks 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, behavioural analytics and regulatory compliance. Headquartered in Portsmouth, New Hampshire, we delight our customers through offices across the United States, Europe, and Asia-Pacific. Businesses around the world depend on Bottomline solutions to help them pay and get paid, including some of the world’s largest systemic banks, private and publicly traded companies and Insurers.
Every day, we help our customers by making complex business payments simple, secure and seamless.