PORTSMOUTH, N.H., Dec. 3, 2013 (GLOBE NEWSWIRE) -- Bottomline Technologies (Nasdaq:EPAY), a leading provider of cloud-based payment, invoice and banking solutions, today announced that the company has been recognized by American Banker, Bank Technology News and IDC Financial Insights to the annual ranking of technology companies in the financial services space.
Bottomline has an extensive suite of innovative products and services for the banking and financial services sector. These include best-in-class cash management solutions, industry-leading legal spend management solutions, the world's largest and fastest growing settlement network, Paymode-X®, and a range of other solutions that help companies automate payments, invoicing and other paper-intensive processes. Bottomline's solutions are used by over 10,000 customers worldwide, including more than 500 banks globally and 13 of the top 25 insurance companies.
"We are proud to be recognized in the FinTech 100 again this year," said Rob Eberle, President and CEO of Bottomline. "The recognition confirms the value of the innovative technology we are delivering to customers."
About the FinTech100
The FinTech 100 and the Top 25 Enterprise Companies in FinTech are an annual ranking of the top technology providers to financial services companies worldwide. This special report is a collaboration of the editors at American Banker and Bank Technology News and the analysts and researchers at IDC Financial Insights. The rankings are researched and compiled by IDC Financial Insights. Public relations support is provided by The William Mills Agency.
About Bottomline Technologies
Bottomline Technologies (Nasdaq:EPAY) provides cloud-based payment, invoice and banking solutions to corporations, financial institutions and healthcare organizations around the world. The company's solutions are used to streamline, automate and manage processes involving payments, invoicing, global cash management, supply chain finance and transactional documents. Organizations trust Bottomline to meet their needs for cost reduction, improved operating efficiencies, competitive differentiation and optimization of working capital. Headquartered in the United States, Bottomline also maintains offices in Europe and Asia-Pacific. For more information, visit www.bottomline.com.
Bottomline Technologies, Paymode-X and the BT logo are trademarks of Bottomline Technologies (de), Inc. which may be registered in certain jurisdictions. All other brand/product names are trademarks of their respective holders.
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements reflecting our expectations about our ability to execute on our growth plans. Any statements that are not statements of historical fact (including but not limited to statements containing the words "believes," "plans," "anticipates," "expects," "look forward", "confident", "estimates" and similar expressions) should be considered to be forward-looking statements. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors including, among others, competition, market demand, technological change, strategic relationships, recent acquisitions, international operations and general economic conditions. For additional discussion of factors that could impact Bottomline Technologies' operational and financial results, refer to our Form 10-K for the fiscal year ended June 30, 2013 and any subsequently filed Form 10-Q's and Form 8-K's or amendments thereto. Any forward-looking statements represent our views only as of today and should not be relied upon as representing our views as of any subsequent date. We do not assume any obligation to update any forward-looking statements.