Bottomline and Currencycloud Partner for Cross-Border Payments to Hargenant Group
October 16 2019 - 2:00AM
Bottomline Technologies (NASDAQ:EPAY), a leading provider of
financial technology that helps make business payments simple,
smart and secure, today announced that Hargenant Group has selected
a partnered service from Bottomline and Currencycloud for their
cross-border payments.
"With globalisation, many of our customers are
asking for payments to be added in several currencies and our
goal is to remove complexity, to make an international payment as
easy as a domestic one," said Nigel Savory, Managing Director,
Bottomline Technologies, Europe. "Given some of the Foreign
Exchange specialisms involved, we chose to partner with
Currencycloud and their pioneering APIs – together we can deliver
real value for our customers."
By combining Bottomline's intelligent payments
platform seamlessly through open APIs with Currencycloud, customers
will enjoy a simple-to-use transaction process to pay suppliers and
employees abroad. Currencycloud's open infrastructure allows the
new service to plug-in directly to Bottomline's payment solution.
This value-add service means businesses of all sizes can send and,
ultimately, receive money overseas in the local currency and at
very competitive rates.
Hargenant Global specialises in accounting and
payroll for the film and entertainment industry.
"We chose to use Bottomline's international
payments service as a means of creating and streamlining
efficiencies within our business," said Greg Barrow, Founder and
Chairman, Hargenant Global. “We needed to pay film crews around the
world, sometimes on irregular schedules and in various currencies –
this SaaS-based international payments service helps our team do
this from one easy-to-use, controlled payment platform.”
"Bottomline is synonymous with payments between
some of the largest companies in the world, and we're proud to be
working with them," said Mike Laven, CEO, Currencycloud. "This is a
brilliant example of how business needs are evolving and how
fintech leaders are working much closer together. The industry is
constantly exploring ways to create innovative solutions that meet
the demands of a modern, digital economy."
About Bottomline Technologies:
Bottomline Technologies (NASDAQ: EPAY) helps make complex business
payments simple, smart, and secure. Corporations and banks rely on
Bottomline for domestic and international payments, efficient cash
management, automated workflows for payment processing and bill
review, and state of the art fraud detection, behavioural analytics
and regulatory compliance solutions. Thousands of corporations
around the world benefit from Bottomline solutions. Headquartered
in Portsmouth, NH, Bottomline delights customers through offices
across the U.S., Europe, and Asia-Pacific. For more information
visit www.bottomline.com.
Contact: Gemma Waite /
Jacqueline Powellpr@bottomline.com 0118 9822200
About
Currencycloud:Currencycloud’s technology is unlocking the
global economy for payment platforms of the future. Today,
Currencycloud has 85 different APIs across four modules – collect,
convert, manage and pay – that cover the entire workflow in B2B
cross-border payments. The as-a-service platform is proprietary and
is fully cloud-based on AWS using Restful APIs. Launched in 2012,
Currencycloud is based in London and is regulated in Europe, the
U.S. and Canada, and has processed more than $50bn to over 180
countries. Currencycloud works with banks and Fintechs globally
including Starling Bank, Standard Bank South Africa, Travelex and
Brookline Bank, as well as partnering with Visa to deliver
innovation in travel payments.
Contact: Matt Rowntree / Ariane
Gaetanipress@currencycloud.com020 3837 3687
About Hargenant Global:With
offices in Warner Bros, Leavesden, New York, Los Angeles and Paris,
Hargenant Global is a business specialising in Payroll &
Accountancy services for the entertainment industry. The directors
& senior management team of Hargenant Global bring with them
vast experience in the payroll and entertainment industry
experience which has quickly made them an important addition to the
UK film and television payroll industry. Hargenant Global’s vision
is to provide our customers with products and services that go
above and beyond what is expected. We anticipate your needs, find
creative solutions to your issues and support you every step of the
way.
Contact:Oliver
Jamesoliver.james@hargenantglobal.co.uk 01923 948 603
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