HSBC and Bottomline Partner on BACSTEL-IP for Corporates
Bottomline Technologies has entered into an agreement with HSBC Bank to become the sole supplier of HSBC’s branded BACS-IP desktop software. Bottomline will also be the preferred supplier of BACSTEL-IP solutions to the bank’s corporate clients. Bottomline has supplied HSBC’s direct debit and credit branded software to its corporate customers for the past five years. As part of this agreement, Bottomline will migrate existing customers to HSBC’s new BACS-IP software in advance of the industry deadline on 31 December 2005.