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Hybrid working unleashes wave of insider fraud as more than half of businesses fall victim
LONDON / NEW YORK, June 22, 2022 – Bottomline, a leading provider of financial technology that makes business payments simple, smart, and secure, revealed today that the shift to hybrid working has left businesses seriously exposed to insider fraud , with over half of businesses (52% in GB and 63% in the US) falling victim over the last year.
Thoma Bravo Completes Acquisition of Bottomline
PORTSMOUTH, N.H. and SAN FRANCISCO – May 13, 2022 – Bottomline Technologies (“Bottomline” or the “Company”), a leading provider of financial technology that makes complex business payments simple, smart and secure, today announced the completion of its acquisition by Thoma Bravo, a leading software investment firm, in an all-cash transaction valued at approximately $2.6 billion. The transaction was previously announced on December 17, 2021 and approved by Bottomline stockholders at the Special Meeting of Stockholders held on March 8, 2022.
NatWest Group partners with Bottomline to reduce payment fraud
LONDON, UK (04 April 2022) - Bottomline (NASDAQ:EPAY), a leading provider of financial technology that makes business payments simple, smart and secure, today announced the NatWest Group has adopted Bottomline's Confirmation of Payee (CoP) solution to service their Agency Institutions in the fight against authorised push payment fraud (APP) across the UK.
Banks and Corporates Face Greater Risk From Internal Factors, Finds the 2022 Treasury Fraud & Controls Survey
PORTSMOUTH, NH (March 22, 2022) - Today, Bottomline and Strategic Treasurer announced the 2022 Treasury Fraud & Controls Survey results, highlighting findings of corporate and banking experiences, plans, and actions regarding fraud. It is the 7th annual survey between the two firms, whose research partnership also includes the annual B2B Payments Survey.
In the news
IBS Intelligence
How has the business payments landscape changed over the last year?
FF News
“Time to Share” – Charles de Rougé, Bottomline and Nicole Coates, PSR in ‘The Paytech Magazine’
Fintech Power 50
Bottomline: Regulation versus fraud – it’s not a choice
Payments Cards and Mobile
Business Payments Barometer – Fraud soars in cashless economy
Payment Expert
Bottomline Highlights Risk of Insider Fraud As Hybrid Working Grows
Altfi
29% of British Businesses Fell Victim to Fraud Last Year, Report Shows
About Bottomline
Bottomline helps make complex business payments simple, smart, and secure. Corporations and banks rely on Bottomline for domestic and international payments, efficient cash management, automated workflows for payment processing and bill review, and state of the art fraud detection, behavioural analytics and regulatory compliance solutions. Thousands of corporations around the world benefit from Bottomline solutions. Headquartered in Portsmouth, NH, Bottomline delights customers through offices across the U.S., Europe, and Asia-Pacific. For more information visit www.bottomline.com.
