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Bottomline to offer payment services to Lloyds Bank in UK

Bottomline Technologies has teamed up with Lloyds Bank to provide secure, reliable connectivity to the bank’s infrastructure, facilitating commercial clients to rationalize the payment management, while enhancing operational efficiency.

The facilities will be offered as part of Lloyds’ Host to Host Connectivity Service, enabling businesses to communicate directly from their ERP, TMS and back office systems to their banking service providers.

Bottomline banking and financial services managing director Norm DeLuca said, "As a trusted partner to Lloyds Bank, we will help corporates leverage SWIFT and other connectivity options to achieve financial and operational process automation, attain greater optimization of working capital and take a more strategic view of cash management opportunities, all of which are essential in today’s challenging economic environment."

Headquartered in the US, Bottomline Technologies offers cloud-based payment, invoice, and banking systems to corporations, financial institutions and banks through its offices in Europe and Asia-Pacific.