New financial messaging operation centre open in Asia
PORTSMOUTH, N.H., Oct. 16, 2017 (GLOBE NEWSWIRE) — Bottomline Technologies (NASDAQ:EPAY), a leading provider of financial technology that helps businesses make payments simple, smart and secure, today announced that it is expanding its global footprint with a new financial messaging operation centre in Singapore.
“We are delighted to offer our existing and future customers in the region more functionality, more security, and more innovation shared across our global Financial Messaging platform,” said Nigel Savory, Managing Director, Global Business Solutions, Bottomline Technologies.
Bottomline will continue to help banks, financial institutions, and corporations to be competitive with its innovative cloud-based solutions. With the new centre, Bottomline is positioned to provide a uniquely secure set of core financial messaging capabilities in the Asia-Pacific region.
Bottomline offers businesses solutions to meet the challenges of mitigating risk, complying with regulations, reducing cost and improving visibility on financial transaction flows. It does this by providing its customers with a rich set of functionalities integrated into a single platform that can access multiple domestic and international financial networks and payments schemes. The platform also includes state-of-the-art risk and compliance capabilities such as sanctions screening, reconciliation, and anti-fraud behavioral analytics that match most of the recently published SWIFT CSP requirements.
“With new real-time payment initiatives and regulations along with business initiatives such as SWIFT GPI, Bottomline has an unrivalled position to help customers with an exceptional level of functionality, compliance, and security,” said Savory. “It is a strategic milestone for us to continue our global expansion with a new centre of excellence in this fast growing region.”
About Bottomline Technologies:
Bottomline Technologies (NASDAQ:EPAY), an innovator in business payment automation technology for more than 30 years, helps make complex business payments simple, smart and secure. While consumer payments are ubiquitous and frictionless, business payments are often still obscure and counter-intuitive, held back by their inherent complexities of larger transaction volumes, proliferated ledgers and regulatory oversight. But it doesn’t have to be that way!
Corporations and banks worldwide overcome that friction by relying on Bottomline for domestic and international payments, efficient cash management, automated workflows for payment processing and bill review and state of the art fraud detection, behavioral analytics and regulatory compliance. 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.
Headquartered in Portsmouth, New Hampshire, we delight our customers through offices across the United States, Europe, and Asia-Pacific.
For more information, visit: www.bottomline.com