Bottomline Creates Fraud Division After Intellinx Acquisition

Cloud-based payments and financial services provider Bottomline Technologies has acquired Intellinx Ltd., enabling it to offer clients anti-fraud and risk management software.

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Portsmouth, N.H.-based Bottomline will create a new division for fraud and risk management based on technology Intellinx uses to serve banks and government agencies in Israel, where it is based.

Intellinx software monitors, replays and analyzes user behavior across multiple channels, Bottomline said in a Jan. 15 press release.

"Our customers have been asking us for solutions to help them combat cyber fraud and the Intellinx solution is unmatched in the market," Rob Eberle, president and CEO of Bottomline Technologies, said in the release.

Intellinx's ability to create a "digital surveillance camera" delivers a critical line of protection against cyber attacks using instant alerts and session replay, Eberle added.

Bottomline provides its digital banking, fraud prevention, payments and financial document software to more than 10,000 corporations and banks through its office in the U.S. and those in Europe and Asia-Pacific, according to the release.


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