Bottomline expands Digital Banking IQ suite to boost instant payments

Tuesday 22 October 2019 10:42 CET | News

US-based B2B payments company Bottomline Technologies has launched Real-Time Payments module, utilizing the RTP network from The Clearing House.

Designed to speed up the business-to-business payments process, the new product capability enables a bank's corporate customers to send and receive real-time payments, to request a payment, and to leverage complete and integrated information.

Bottomline’s Real-Time Payments module focuses on the ability to send and receive real-time credit transfers on the RTP network, dramatically accelerating the completion of a payment and access to funds while reducing numerous manual or paper-based processes. It provides immediate and automated payment status updates, integrated remittance and payment information, and instant request-for-payment functionality, as well as enhanced communication between parties through its conversational capabilities.

US-based Bottomline Technologies provides domestic and international B2B payments, efficient cash management, automated workflows for payment processing and bill review, and fraud detection, behavioral analytics and regulatory compliance solutions.

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Keywords: Bottomline Technologies, B2B payments, product launch, cash management, automated workflow, bill review, fraud detection, instant payments, real-time payments, US, United States, North America
Categories: Banking & Fintech
Countries: United States
This article is part of category

Banking & Fintech