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.
Securely and efficiently manage funds disbursements
For Businesses
Streamline the collection and management of single and recurring payments
Direct submission and processing of your UK bank payments for payables and receivables
Centralize and automate all your payment creation, controls, and submissions
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
Reduce fraud and errors through digital account verification
For Banks & Financial Institutions For Businesses
Efficiently screen transactions to identify and manage sanctions risk
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
Who We Serve
Our Company
Detecting and preventing financial crimes such as terrorist financing, money laundering, and organised crime is a growing challenge for financial institutions. Efficiently screen transactions to identify and mitigate sanctions risk with Bottomline’s Sanctions Screening solution.
It is legally required to prevent processing transactions involving any individual or entity on a sanction list. Failure to comply can result in fines and reputational damage. Banking licenses may be revoked, and senior management can be held personally accountable.
Sanctions compliance poses challenges and costs due to transaction volume, complexity, increasing cross-border trade, and the adoption of the ISO 20022 standard. Since 90-99% of matches result in false positives, many financial institutions have significantly bolstered compliance resources in recent years.
Utilise a straightforward configuration to screen all relevant fields (e.g., originator, beneficiary, counterparty, free text, BIC, account) in real time for every transaction based on the list provider(s) of your choice. This helps mitigate risk and prevent regulatory penalties.
Using the most up-to-date algorithms our Sanctions Screening solution processes large volumes of transactions in milliseconds, simultaneously matching them against domestic and international sanctions lists.
Investigate and resolve any potential breaches, streamline the management of multiple lists, and eliminate the effort needed to handle duplicate alerts and false positives.
Review in real-time before payments are processed, whether it’s an outgoing or incoming transfer.
Supports multiple payment types such as ISO 20022, Swift, SEPA, SIC Instant Payments, Bacs and CHAPS.
Whether local or international, the solution works with DowJones, WorldCheck, C6, EuroSpider, and Accuity, as selected by the customer.
Ability to include lists from the USA, Switzerland, Europe, and United Nations.
Your newly, official published sanction lists are automatically updated in the solution daily, ensuring your sanctions lists are always current and accurate.
Dedicated user interface for configuration, tuning, and alert reviews, with decision workflows and audit trail.
Filter transactions in standard MT format, ISO 20022 format, and batch files.
Powerful automation for ease of use, fast deployment, low cost of ownership, and rapid ROI.
Speak to one of our experts today.
