Awards Highlight Achievements in Fraud Detection, Treasury and Risk Management, Digital Banking, and Business Payments Innovation
Portsmouth, NH (December 23, 2024)—Bottomline, a global leader in business payments, was honored to receive several prestigious awards in 2024, reinforcing its commitment to helping businesses pay and get paid. This year, Bottomline has been recognized by several leading industry experts for its leading business payments solutions, including the Paymode business payments network of more than 550,000 members.
Celebrating 35 years in payments this year, Bottomline remains focused on core challenges in the business payments and fraud prevention space as it has evolved over three decades. Notably, Paymode maintains a successful fraud prevention track record, which gives peace of mind to customers processing payments in a complex and fraud-filled world.
“We are humbled and gratified by the list of 2024 accolades from industry peers,” said Paul Fannon, Chief Revenue Officer, Bottomline. “Our greatest recognition comes from well over a half-million banks and business customers benefitting from the speed, security, and reliability of our solutions.”
This past year, Bottomline has received recognition from numerous global advisory and consulting firms that evaluated and awarded the business payments and cybersecurity suite, including:
- Enhanced Payables Solutions: Paymode earned industry recognition as a named Leader in the IDC MarketScape: Worldwide Embedded Payment Applications 2024-2025 Vendor Assessment and achieved Best In Class status for showcasing the most comprehensive offering in the Javelin 2024 Commercial ePayables Scorecard. Albert Bodine, Director of Commercial and Enterprise at Javelin Strategy & Research, remarked, “In our analysis, Bottomline has the most comprehensive offering for a company looking for a soup-to-nuts [ePayables] solution.”
- Enterprise Treasury and Risk Management: Bottomline was named a quadrant leader in this year’s QKS SPARK Matrix™: Enterprise Treasury and Risk Management analysis.
- Digital Banking Platforms: Bottomline’s leadership in commercial digital banking was recognized by The Digital Banker for outstanding platform implementation. For the sixth consecutive time, it also led the Datos Matrix: US Cash Management Technology Providers Report across all categories evaluated. These awards underscore their commitment to providing top-tier digital banking solutions.
- Insider Risk Management: In July, Bottomline was also positioned as the 2024 technology leader in the QKS SPARK Matrix™: Insider Risk Management for the 5th consecutive year. This recognition highlights Bottomline’s comprehensive technology for managing insider risks, which has received strong ratings for both technology excellence and customer impact.
“As we move into 2025, we look forward to continuing this exciting journey in the payments industry, working closely with our valued partners and customers,” concluded Fannon.
About Bottomline
Bottomline helps businesses transform the way they pay and get paid. A global leader in business payments and cash management, Bottomline’s secure, comprehensive solutions modernize payments for businesses and financial institutions globally. With over 35 years of experience, moving more than $10 trillion in payments annually, Bottomline is committed to driving impactful results for customers by reimagining business payments and delivering solutions that add to the bottom line. Bottomline is a portfolio company of Thoma Bravo, one of the largest software private equity firms in the world, with more than $166 billion in assets under management. For more information visit www.bottomline.com.
Bottomline, Paymode, and the Bottomline logo are trademarks or registered trademarks of Bottomline Technologies, Inc.
Media Contact:
Heather Pavliga
pr@bottomline.com