Solution(s): Digital Banking
Website(s): bottomline.com/us (Off-site)
Contact: Gina Cusanelli, Gina.Cusanelli@bottomline.com
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Services and products to support the FedNow® Service
Instant payments via the FedNow Service will be supported through Bottomline’s Digital Banking platform. Automation, immediacy and transparency are the driving concepts that make it work. Featuring conversational payments capabilities, banks’ corporate customers can view immediate and automated payment status updates, integrated remittance and payment information, and instant request-for-payment functionality. Financial institutions of any size can implement the service, and conversations such as payment acknowledgements and request for information occur through the bank’s owned online channel or mobile application.
Bottomline’s Digital Banking provides an integrated solution to help banks’ business clients seamlessly manage their banking, payments and cash management activities. The core of the Digital Banking platform is a fast payment ecosystem that helps banks deepen engagement, build relationships and grow business value across all business segments they serve, enabling them to compete with larger banks and fintechs and scale to handle account transaction growth, sophisticated entitlements and multiple workflows.
Digital Banking, integrated with Bottomline’s unique combination of assets, creates compelling new value propositions for banks to better serve their customers. From small- and medium-sized businesses to large corporates with multi-bank relationships, Bottomline improves monetization of low value payments and increases cash visibility to position banks to win the battle for primary ownership of the customer relationship and accelerate growth. Bottomline has a proven track record of making customer relationships stronger while driving increased revenue.
Segment type(s)
- Financial Institution Service Provider
Solution type(s)
- AP/AR/ERP and Treasury Management Systems
- Digital User Experience (mobile/online interfaces)
- Payment Service Providers
- Payment Testing Platform Providers (including Sandbox Opportunities, proof‑of‑concept services)
- Payments Hubs/Platforms/Payment Gateways
- Risk Management and Fraud Services
Use cases/markets served
- Bill Pay and Presentment
- Brokerage
- Buy Now Pay Later
- Construction
- Digital Wallet Funding/Defunding
- Government (e.g., municipality, state, federal)
- Health Care
- Insurance
- Loans (direct or indirect)
- Merchant
- P2P Payments
- Payroll
- Real Estate (e.g., escrow, property management)
- Transportation
FedNow functionality supported
- Fraud Prevention/Monitoring Services
- Liquidity Management Transfers
- Receiving FedNow Transactions
- RFP Transactions – Businesses Receiving
- RFP Transactions – Businesses Sending
- RFP Transactions – Consumers Receiving
- RFP Transactions – Consumers Sending
Ability to integrate with outside core processing solutions
- Yes, any (core agnostic)