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Bottomline

bottomline.com

Founded Year

1989

Stage

Take Private | Alive

Valuation

$0000 

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+50 points in the past 30 days

About Bottomline

Bottomline (NASDAQ: EPAY) provides cloud-based payment, invoice, and digital banking solutions to corporations, financial institutions, and banks around the world. The company's solutions are used to streamline, automate, and manage processes involving payments, invoicing, global cash management, supply chain finance, and transactional documents. Headquartered in the United States, Bottomline also maintains offices in Europe and Asia-Pacific. The company was founded in 1989 and is based in Portsmouth, NH.

Headquarters Location

325 Corporate Drive

Portsmouth, New Hampshire, 03801,

United States

603-436-0700

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Research containing Bottomline

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Bottomline in 1 CB Insights research brief, most recently on Oct 15, 2021.

Expert Collections containing Bottomline

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Bottomline is included in 2 Expert Collections, including Banking.

B

Banking

1,292 items

C

Conference Exhibitors

5,302 items

Bottomline Patents

Bottomline has filed 96 patents.

The 3 most popular patent topics include:

  • Machine learning
  • Payment systems
  • Classification algorithms
patents chart

Application Date

Grant Date

Title

Related Topics

Status

4/9/2021

1/17/2023

Machine learning, Customer experience, Classification algorithms, Natural language processing, Artificial intelligence

Grant

Application Date

4/9/2021

Grant Date

1/17/2023

Title

Related Topics

Machine learning, Customer experience, Classification algorithms, Natural language processing, Artificial intelligence

Status

Grant

Latest Bottomline News

Bottomline unveils Confirmation of Payee solution for businesses

Jan 18, 2023

By Gloria Methri Share Bottomline, a global financial technology provider for banks and businesses, has announced a new line of fraud defence for companies. Bottomline’s Confirmation of Payee (CoP) solution for Business will protect companies against potential fraud by verifying the owner of the bank account receiving funds. “While the UK’s Payment Systems Regulator (PSR) has already mandated that financial institutions incorporate CoP into their consumer banking services to help prevent APP fraud, we believe more can be done,” said Colin Swain, Bottomline’s Global Head of Platform and Product Transformation. “Using our API first technology, companies of all sizes can now better safeguard their own business payments using CoP for Business.” New to the market, CoP for Business offers an alternative to traditional bank account verification methods. It gives companies a new tool to check that payments are directed to legitimately owned bank accounts. Instant and batch transactions are automatically verified via direct-to-source bank account checks rather than via intermittently updated third-party bank account databases. It provides over 90% coverage of personal and business accounts so finance teams can feel confident they are dealing with the genuine account holder, stopping fraud in their tracks, and avoiding the headache of clawing back incorrectly processed or irrevocable payments. “In 2022, 29% of companies interviewed in the Business Payments Barometer admitted they were victims of fraud, claiming a 10% increase in fraud losses versus 2021. So, beyond what banks offer, it js on companies to ensure their payments are safe and legitimate. CoP for Business gives them peace of mind and the arsenal needed to wage war on financial fraud,” said Swain. “Uniquely, CoP has over 90% bank account coverage, meaning fewer manual checks for corporate fraud teams. With the PSR forecasting CoP bank account coverage to extend beyond 99% by October 2023, the benefits for companies are clear to see.” Previous Article Digital monthly issue Global coverage

Bottomline Frequently Asked Questions (FAQ)

  • When was Bottomline founded?

    Bottomline was founded in 1989.

  • Where is Bottomline's headquarters?

    Bottomline's headquarters is located at 325 Corporate Drive, Portsmouth.

  • What is Bottomline's latest funding round?

    Bottomline's latest funding round is Take Private.

  • Who are the investors of Bottomline?

    Investors of Bottomline include Thoma Bravo, General Atlantic and Molten Ventures.

  • Who are Bottomline's competitors?

    Competitors of Bottomline include Coupa Software, Form3, Treasury4, MANTL, BackBase, Narmi, GoCardless, Taulia, EFTsure, Nymbus and 14 more.

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