What We Do
Since 1989, Bottomline has been modernizing global business payments with connected solutions for more than 800,000 financial institutions and businesses in 92 countries.
Automate every step of your invoice-to-payment process
For Businesses
Digitize and automate AP processes with the most trusted solution for real estate
Centralize and automate all your payment creation, controls, and submissions
For Banks & Financial Institutions For Businesses
Make and receive secure digital payments conveniently through Paymode, the market leading B2B payments network trusted by over 550,000 member businesses.
Pay vendors through the largest B2B payments network to enhance working capital, prevent fraud, and reduce costs and processing time
Protect your business against fraud, get paid faster, and save time with enhanced remittance details
Boost revenue for your business and your customers with access to Paymode, our secure business payment network
Comprehensive connectivity to Swift and other domestic and global financial messaging networks
For Banks & Financial Institutions
Convert legacy financial message formats to modern message standards
Easily view analytics of financial messages with central repository
Stop payment fraud before it happens. Detect, investigate, and protect against internal and external threats
View, optimize, and forecast your cash position with all accounts connected in one solution
Own the primary customer relationship and grow business value across all business segments
Who We Serve
Join the many financial institutions and businesses that use Bottomline to pay and get paid. With solutions designed to modernize the payments landscape, we make complex business payments simple, smart, and secure.
Our Company
With the end of the co-existence period approaching in November 2025, as of September 2024, 25% of global payments traffic on Swift is now in ISO 20022. However, in many countries like Australia and Switzerland, the adoption rate is much higher, reaching around 70%. We will also see a huge jump in adoption from PSPs that are part of the European Payment Council’s SEPA Inst Mandate.
Either way, financial institutions have certainly underestimated the size of the ISO project. This has led to a lack of testing, whether that be internal or buddy testing, insufficient understanding of the complexity of translation, and ways to integrate message storage. Additionally, transitioning to ISO 20022 is not just an IT or an operations project, it involves every single function within the bank. If there is no company-wide education, then the project will falter and then fail. This is particularly important when you think about customer-facing functions within your FI. Finally, it is vital for the whole ecosystem to be ready at the same time. ISO is all about cooperation, co-existence, and collaboration, and that doesn’t work if there is a break in the chain because some banks are behind in their roll-out. This will cause huge frustration with correspondent banking partners within the transaction chain, who will now experience friction and additional costs despite meeting the deadline themselves.
Join Bottomline, Swift, and other industry experts as they discuss the current status of the ISO 20022 migration and the key next steps to ensure that you can meet the deadlines and fully maximise on the benefits of the new standard.
