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Bottomline (NASDAQ: EPAY) will announce its First Quarter Fiscal 2021 Financial Results on November 5, 2020, at 4:00 p.m. ET. Following the press release, an investor conference call is scheduled for 5:00 p.m. ET. The company provides solutions for business payments, cash management, and fraud detection, benefiting thousands of corporations globally. Interested parties can access the live call via dial-in numbers and will have the option for a digital replay afterward. For detailed information, visit www.bottomline.com.
Bottomline (NASDAQ: EPAY) announced the launch of its cloud-based Confirmation of Payee (CoP) service aimed at UK banks. The service, mandated by the UK's Payment Systems Regulator, assists banks and building societies in mitigating the risks associated with payment misdirections and fraud. The technology checks account names in real time for new beneficiaries, enhancing payment security. With a reported £456m lost to Authorised Push Payment fraud last year, Bottomline aims to provide a competitive edge for banks while safeguarding consumer transactions.
Bottomline (NASDAQ: EPAY) has launched Pay Direct, an Open Banking payment initiation service designed to simplify online payments for businesses and customers. This service allows companies to receive payments directly from customers' bank accounts via Faster Payments, offering a cost-effective alternative to traditional methods. By connecting with most UK banks, Pay Direct promises faster settlements and improved cash management for businesses. The launch aligns with Open Banking's goal of enhancing competition and innovation in financial services.
Bottomline (NASDAQ: EPAY) will announce its Fourth Quarter Fiscal 2020 Financial Results on August 6, 2020, at 4:00 p.m. EDT, followed by an investor conference call at 5:00 p.m. EDT. The company specializes in simplifying business payments through innovative solutions for corporations and banks, covering areas like cash management, payment processing, and fraud detection. Thousands of global corporations rely on Bottomline for enhanced payment efficiency and security. For information, visit www.bottomline.com.
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