Additionally, two global banks extended their commitment to the firm through long-term partnerships that build on existing relationships.
“Banks of all sizes must invest wisely and efficiently in technology that drives business value while minimizing risk, complexity and time to market,” Norm DeLuca, the general manager of banking and financial services at Bottomline, said. “Bottomline continues to invest in solutions that help banks grow revenues and deepen relationships with businesses. The underlying purpose of our technology – and the substantial investments we’re making in our products and our team – is to make it easier to do more business with banks through the digital channel. We are completely focused on partnering with financial institutions that aspire to leadership in small business and commercial banking. We welcome these organizations to our customer community and look forward to long-term, strategic partnerships.”
U.S.-based Bottomline provides cloud-based online banking and cash management services and products to financial institutions, which use the solutions to compete and encourage growth. The firm’s solutions are intended to streamline, manage and automate processes involving invoicing, global cash management and payments.