Bottomline Technologies Recognised for Best Technology Initiative of The Year

READING, UK (February 05, 2016) – Bottomline Technologies (NASDAQ:EPAY), a leading provider of cloud-based payment, invoice, and digital banking solutions, is delighted to have won the award for Best Technology Initiative of the Year, as recognised by The Card and Payment Awards 2016.

Attended by over a thousand key players across the payments industry, this prestigious awards ceremony held at The Grosvenor House Hotel in London’s Park Lane, recognises excellence and innovation in the UK and Irish card and payments industries, providing an opportunity for contenders to showcase their achievements and join together to celebrate the industry’s successes. The Best Technology Initiative award recognises card brands, issuers, banking acquirers or payments companies who have leveraged new or existing information and technology in an innovative manner to deliver a new payment-related solution or opportunity.

Bottomline’s Agency Services is a relatively new solution, and the interest it’s generating is extremely exciting for all involved. Demonstrating the use of technology as an enabler for the prepaid market, Agency Services now provides alternate ways for the transfer of funds to and from a prepaid account - delivering the same functional benefits as traditional bank accounts and presenting many advantages for both programme providers and end-users. “Up against many strong contenders, we are very pleased to be recognised and acknowledged for this award,” comments Richard Ransom, Product Marketing Manager for Bottomline Technologies. “It proves our capability for progressive collaboration and echoes our constant investment in innovation.”