Under the new partnership arrangement, with Lloyds Bank, Bottomline is set to provide connectivity to Lloyds Bank’s infrastructure, enabling corporate customers to streamline the management of payments, enhance operational efficiency and process payments. These services will be available as part of Lloyds’ host to host connectivity service, which allows corporates to communicate from their ERP, TMS and back office systems to their banking service providers.
Lloyds Banking Group was launched in 2009 as a result of the UK’s banking and insurance company HIBOS acquisition of Lloyds TSB. Lloyds TSB Middle East provides banking services which includes personal and private banking, commercial banking, corporate banking as well as offshore banking, treasury services and trade finance services.
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