A leading payments industry news source for more than 17 years. Glenbrook curates the news and keeps you abreast of the important daily headlines in payments.
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October 25, 2023
On the wires
Bottomline's Paymode-X Opens Access to Market-Leading Digital B2B Payment Network
GlobeNewswire News Room
June 13, 2023
On the wires
Changing Payment Preferences and Rising Fraud Create a Tough Operating Environment for Finance Leaders
GlobeNewswire News Room
January 18, 2023
On the web
Bottomline Introduces Confirmation of Payee Solution for Businesses
EIN News
Bottomline, has announced a new line of fraud defence for companies. Now available to companies directly, Bottomline’s Confirmation of Payee (CoP) for Business helps better protect companies against potential fraud by verifying the owner of the bank account receiving funds. Authorised push payment (APP) fraud losses reported by UK Finance stood at £583 million for 2021 (up 22% from 2020) and £249 million for the first half of 2022.
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