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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.
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Why having the right business continuity measures in place is so important
Recent incidents like the IT crashes caused by a CrowdStrike system update, have brought operational resilience to the forefront of many businesses. Payment resilience isn’t just a regulatory requirement but an essential element of ongoing business operations.
CrowdStrike, a global cybersecurity company that uses AI to detect and stop cyber fraud, recently experienced significant issues during an update which caused widespread system crashes on Windows machines. While CrowdStrike quickly remediated the issue within hours, the outage impacted numerous organisations, especially those using encrypted drives.
CrowdStrike clarified that the outage was not the result of a cyberattack, but malicious actors exploited the chaos with phishing attempts targeting affected users.
This is just one example of unexpected failure of infrastructure. Even if you weren’t affected, it is worth asking if your payment process is resilient – what would it cost you if you lost payment connectivity for a period of time?
Eliminate fragmented payment processes, centralize business payments, and speed up invoice and payments processing while reducing fraud risk.
Securely submit, manage, and process your bank payments—whether Faster Payments or Bacs, debit or credit—with a scalable, resilient, and efficient platform directly connected to the UK clearing networks.
Centralize and simplify your business payments by removing the complexity of multiple systems, approvers, and workflow. Send payments to any bank worldwide, in any currency, ensuring governance and control.