Following the launch of Open Banking in the UK, there is a need to access and share banking data making it easier for consumers and businesses to consolidate and manage their payments and cash management. This aggregation service takes advantage of the Open Banking initiative and presents up-to-date bank balances and transactions in one place.
Bottomline’s Statement Aggregator service makes it simple to view and manage your latest bank account balances and transaction information in one place. The cloud-based platform means all statement information can be viewed via a single user interface and the data uploaded automatically into ERP or Treasury Management Systems.
The UK Payments industry is currently undergoing a once-in-a-generation shift. Comprehensively covering the UK payments industry changes arriving over the next six months, our best practice webinar will guide and help you prepare for the latest regulation and security standards for your business payments processing.
White PaperOpen Banking: Changing the Way Businesses Pay and Get Paid
The way businesses and banks pay and get paid is changing. There has never been a period of such radical shift in the payments landscape. Many of these changes are driven by regulation, so businesses and banks will need to ensure they are compliant with the new rules and payment schemes. But these transformations will also bring many exciting opportunities to make payments easier, faster and more secure.
For Customer Support and Services click here.