Bank of Hawaii Provides Innovative Digital Experience to Business Customers
September 06 2017 - 10:00AM
YASTEST
PORTSMOUTH, N.H., Sept. 06, 2017
(GLOBE NEWSWIRE) -- Bottomline Technologies, Inc. (NASDAQ:EPAY), a
leading provider of cloud-based business payment and digital
banking solutions, and Bank of Hawaii, a regional commercial bank
headquartered in Honolulu, today announced the successful delivery
of a new digital banking experience to thousands of Bank of Hawaii
business customers.
Leveraging Bottomline's award-winning Digital
Banking 3.0 platform, Bank of Hawaii now offers its corporate and
business customers expanded online and mobile cash management and
business banking capabilities. Business users can also
personalize their own dashboards to make day-to-day tasks faster
and easier, saving them time and money and providing the insights
they need to make good financial decisions.
"Bank of Hawaii's focus is to optimize delivery
channels in a way that improves user experience and solves business
problems for clients," said Robert Mancini, SVP Commercial Banking
at Bank of Hawaii. "With the new platform, we are delivering cash
management and payments services that provide more convenience,
speed, and business insights to save our customers time and
money."
Bottomline's Digital Banking 3.0 is unique in that
it offers the depth of functionality required by larger companies
but is also intuitive and nimble enough for small to mid-size
businesses (SMBs). A rapidly growing market, SMBs represent a
$100 billion revenue opportunity for forward-thinking banks who
provide a streamlined cash management experience. To manage
complex fraud risks and keep business payments secure, the platform
also includes Bottomline's Cyber Fraud and Risk Management
capabilities.
Bottomline's platform has been recognized by Aite
Group in four categories, including both Best User Experience and
Most Open Architecture, in their 2016 Cash Management Vendor
Benchmarking study.
"Bank of Hawaii's strategy is a smart one and it
ideally positions them for growth," said Norm DeLuca, General
Manager for Digital Banking at Bottomline Technologies. "By
providing a streamlined customer experience and a suite of
solutions designed to meet the specific needs of their business
customers, Bank of Hawaii is filling a critical need in the market.
We're proud to partner with them in innovating for their business
customers."
About Bank of
Hawaii
Bank of Hawaii Corporation (NYSE:BOH) is a regional financial
services company serving businesses, consumers, and governments in
Hawaii, American Samoa and the West Pacific. The company's
principal subsidiary, Bank of Hawaii, was founded in 1897. For more
information visit https://www.boh.com.
About Bottomline Technologies
Bottomline Technologies (NASDAQ:EPAY) helps businesses make complex
business payments simple, smart and secure. Businesses and banks
rely on Bottomline for domestic and international payments,
effective cash management tools, automated workflows for payment
processing and bill review and state of the art fraud detection,
behavioral analytics and regulatory compliance. Headquartered in
Portsmouth, New Hampshire, we delight our customers through offices
across the United States, Europe, and Asia-Pacific. Businesses
around the world depend on Bottomline solutions to help them pay
and get paid, including some of the world's largest systemic banks,
private and publicly traded companies and Insurers. For more
information, visit www.bottomline.com.
Bottomline Technologies and the Bottomline
Technologies logo are trademarks of Bottomline Technologies, Inc.
which may be registered in certain jurisdictions. All other
brand/product names may be trademarks of their respective
owners.
This press release may contain "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995, including statements reflecting our
expectations about our ability to execute on our growth plans. Any
statements that are not statements of historical fact (including
but not limited to statements containing the words "believes",
"plans", "anticipates", "expects", "look forward", "confident",
"estimates" and similar expressions) should be considered to be
forward-looking statements. Actual results may differ materially
from those indicated by such forward-looking statements as a result
of various important factors including, among others, competition,
market demand, technological change, strategic relationships,
recent acquisitions, international operations and general economic
conditions. For additional discussion of factors that could impact
Bottomline Technologies' operational and financial results, refer
to our Form 10-K for the fiscal year ended June 30, 2017 and any
subsequently filed Form 10-Qs and Form 8-Ks or amendments thereto.
Any forward-looking statements represent our views only as of today
and should not be relied upon as representing our views as of any
subsequent date. We do not assume any obligation to update any
forward-looking statements.
Contact for Media:
Christine Nurnberger
Chief Marketing Officer
Bottomline Technologies
603-501-6186
cnurnberger@bottomline.com
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Bottomline Technologies, Inc. via
Globenewswire
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