Bottomline Technologies Extends Global Payment Capability
A global payment capability with full domestic ACH ability has been launched by Bottomline Technologies. The new CrossPay module combines full international electronic payment functionality with an extensive range of domestic capabilities to provide enhanced payment management throughout any global enterprise. The release provides full international payment capability, domestic tax and child support functionality and OFAC checking. In designing the WebSeries CrossPay application, Bottomline has incorporated solutions used by many of the world’s largest banks, such as Fed Wire and international real-time gross settlement (RTGS), global information reporting, check management, and cross-border payments.