Bottomline Technologies, a provider of collaborative payment and invoice automation solutions, announced a strategic partnership agreement with global IT services firm Wipro Technologies to provide corporate payments and global cash management solutions to banks, financial institutions and corporations based on Bottomline’s WebSeries platform. Through this strategic agreement, Bottomline and Wipro Technologies, one of the world's largest providers of integrated business and process solutions, will work jointly to identify opportunities to “address the complexities of enterprise payments and transaction reporting,” according to a release. Wipro has established customer relationships across multiple vertical industries with leading organizations. WebSeries forms the nucleus of Bottomline’s corporate payments and global cash management solutions and is deployed across the globe by organizations including Fifth Third Bancorp, UMB and Raymond James.
-
The digital banking fintech expects to reach profitability this year as it recovers from a post-2021 valuation drop with three consecutive years of growth.
5h ago -
National Capital Bank, founded in 1889, and Old Dominion National Bank, founded in 2007, are combining with plans to take the merged entity public.
5h ago -
Early Warning Services' peer-to-peer payment platform Zelle is launching its own stablecoin, ZLUSD, which will allow it to open its network to remittances abroad. India will be the first country.
6h ago -
As competition for diners' spending heats up, the card company agreed to pay $700 million for the European reservation and management platform.
6h ago -
A letter released publicly from the Government Accountability Office on Monday underscored previously raised concerns about the Federal Deposit Insurance Corp.'s lack of "rotation" requirements for case managers on bank supervisory teams.
7h ago -
Analysts say Payoneer is an attractive addition in a market where fast-moving developments in international payments, AI and digital assets are pressuring payment companies to scale quickly.
8h ago









