Skip to main content

Bottomline Takes Prize for Payment Security

Written by Customer Service on . Posted in Public Companies.

LONDON, Feb. 12, 2020 (GLOBE NEWSWIRE) — Bottomline Technologies (NASDAQ:EPAY), a leading provider of financial technology that helps make business payments simple, smart and secure, today announced the latest award win for its digital PTX payments platform. The cloud-based payments solution won ‘The Best Security or Antifraud Development’ category at The Card & Payments Awards evening.
The award recognizes Bottomline for its success in developing a powerful and effective antifraud solution for corporates to improve the security of customers’ transactions at every stage of the payments process.  The category was open to card issuers, banking acquirers, retailers and many other payment companies with Bottomline selected over companies like American Express, Elavon, MuchBetter, Ethoca, PCI Pal, Semafone and Shieldpay. Using PTX Secure Payments, customers can safeguard their businesses against external and internal payment fraud and processing errors. The technology performs real-time checks on first-time payees, blacklists, duplicates and, using machine learning, it monitors transactions and user behavior, triggering alerts for escalation or corrective action.“It is wonderful to see our new product innovation and success being recognized by peers in the industry,” said Nigel Savory, Managing Director EMEA, Bottomline Technologies, “but even better is the real money we are safeguarding every day for thousands of customers, keeping their reputations safe and making their payments processing secure.”Very well established and now in its 15th year, The Card & Payments Awards is a prestigious event recognizing customer service, excellence and innovation in the UK and Irish card and payments industry. The awards include a range of categories covering key disciplines which are judged and selected by an independent panel of industry experts.About Bottomline Technologies:
Bottomline Technologies (NASDAQ: EPAY) helps make complex business payments simple, smart, and secure. Corporations and banks rely 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 solutions. Thousands of corporations around the world benefit from Bottomline solutions. Headquartered in Portsmouth, NH, Bottomline delights customers through offices across the U.S., Europe, and Asia-Pacific. For more information visit www.bottomline.com.Media Contact:
Jacqueline Powell
Head of Communications
Bottomline Technologies
pr@bottomline.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.