PORTSMOUTH, N.H., Sept. 06, 2017 (GLOBE NEWSWIRE) -- Bottomline Technologies, Inc. (NASDAQ:EPAY), a leading provider of cloud-based business payment and digital banking solutions, and Bank of Hawaii, a regional commercial bank headquartered in Honolulu, today announced the successful delivery of a new digital banking experience to thousands of Bank of Hawaii business customers.
Leveraging Bottomline's award-winning Digital Banking 3.0 platform, Bank of Hawaii now offers its corporate and business customers expanded online and mobile cash management and business banking capabilities. Business users can also personalize their own dashboards to make day-to-day tasks faster and easier, saving them time and money and providing the insights they need to make good financial decisions.
“Bank of Hawaii’s focus is to optimize delivery channels in a way that improves user experience and solves business problems for clients,” said Robert Mancini, SVP Commercial Banking at Bank of Hawaii. “With the new platform, we are delivering cash management and payments services that provide more convenience, speed, and business insights to save our customers time and money.”
Bottomline’s Digital Banking 3.0 is unique in that it offers the depth of functionality required by larger companies but is also intuitive and nimble enough for small to mid-size businesses (SMBs). A rapidly growing market, SMBs represent a $100 billion revenue opportunity for forward-thinking banks who provide a streamlined cash management experience. To manage complex fraud risks and keep business payments secure, the platform also includes Bottomline’s Cyber Fraud and Risk Management capabilities.
Bottomline’s platform has been recognized by Aite Group in four categories, including both Best User Experience and Most Open Architecture, in their 2016 Cash Management Vendor Benchmarking study.
“Bank of Hawaii’s strategy is a smart one and it ideally positions them for growth,” said Norm DeLuca, General Manager for Digital Banking at Bottomline Technologies. “By providing a streamlined customer experience and a suite of solutions designed to meet the specific needs of their business customers, Bank of Hawaii is filling a critical need in the market. We’re proud to partner with them in innovating for their business customers.”
About Bank of Hawaii
Bank of Hawaii Corporation (NYSE:BOH) is a regional financial services company serving businesses, consumers, and governments in Hawaii, American Samoa and the West Pacific. The company’s principal subsidiary, Bank of Hawaii, was founded in 1897. For more information visit https://www.boh.com.
About Bottomline Technologies
Bottomline Technologies (NASDAQ:EPAY) helps businesses make complex business payments simple, smart and secure. Businesses and banks rely on Bottomline for domestic and international payments, effective cash management tools, automated workflows for payment processing and bill review and state of the art fraud detection, behavioral analytics and regulatory compliance. Headquartered in Portsmouth, New Hampshire, we delight our customers through offices across the United States, Europe, and Asia-Pacific. Businesses around the world depend on Bottomline solutions to help them pay and get paid, including some of the world’s largest systemic banks, private and publicly traded companies and Insurers. For more information, visit www.bottomline.com.
Bottomline Technologies and the Bottomline Technologies logo are trademarks of Bottomline Technologies, Inc. which may be registered in certain jurisdictions. All other brand/product names may be trademarks of their respective owners.
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, 2017 and any subsequently filed Form 10-Qs and Form 8-Ks 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.