Bottomline

The recent Wespay Fraud Symposium gathered leaders from the banking and credit union sectors to discuss troubling fraud trends. While much of the conversation centered around external threats, Albert Laino, Risk Solutions Team Lead at Bottomline, introduced the topic of Insider Threat Management-as-a-Service. In this blog, we have a Q&A session with Albert to explore new fraud threats—particularly those arising from invisible insiders—and discuss effective strategies to address them. Read it here ?? https://ow.ly/wCR950VqiSF.

We're looking forward to TEXPO - Treasury and Finance Conference 2025! Swing by booth #211 and discover how we’re helping treasurers and CFOs gain 100% cash visibility, optimize liquidity, and drive smarter financial decisions – especially during economic uncertainty. Come see us for: ?? Live demos - See our Cash Management solution in action and learn how easy it is to put your cash to best use. ?? Expert insights – Chat with our team about the latest trends in treasury automation. ?? Networking – Connect with other treasury and finance professionals shaping the future of financial strategy. Plus, don’t miss this session with Patrick Sunday, Bottomline's Chief Accounting Officer: **???????????????????????? ?????? ?????????????? ???????????? - ???????? ?????????????????????? ???? ?????????????????? ??????????????** ?? Tuesday, April 29, 2025 ?? 4.00 – 5.00 PM ?? Room Grand G See you there!

?The deadline is 1 September 2025. If you're not prepared, it's time to start getting ready. Here's what you need to know. ?? ?????? ???? ?????????????? ????: The legislation applies not only to organisations based in the UK but also to foreign organisations with employees or victims in the UK, which must consider its potential impact. ?????????????????? ??????-???????????????????? ??????????????: Non-compliance could lead to unlimited fines, legal exposure, and irreparable reputational damage. ?????? ???????????????????? ????????????????????: To comply, organisations must demonstrate reasonable fraud prevention procedures – emphasising six core principles for compliance. ?????? ????’?? ??????????????????: This new offence represents an important step towards tackling fraud at its source and promoting a more transparent and ethical business environment. Learn more here, including an overview of the ?????? ???????? ???????????????????? ???????????????????? ?? https://ow.ly/5LMi50VlvfX.

The C-suite is looking to Legal Spend Management (LSM) as an antidote to rising law firm rates, legal expenditures, and regulatory pressures. Bottomline’s Rob Alston discusses closing the reporting gap and shares insights into managing the impact of legal spend. Read more about it here ?? https://ow.ly/G6o750Vlq3S.

We’re thrilled to announce our partnership with PairSoft! ?? This collaboration empowers finance teams with seamless end-to-end automation by integrating Bottomline’s Paymode payment capabilities into PairSoft’s AP suite. Key benefits: ? Real-time payment visibility ? Access to 550,000+ pre-enrolled vendors ? Robust fraud prevention All within one platform! Together, we’re making payments simpler, smarter, and more secure. Read more about how we’re transforming business payments here ?? https://ow.ly/sPIX50Vo1AT.

This year's Strategic Customer Advisory Board and Customer Advisory Forum took place at the stunning Walt Disney World Swan in Orlando, Florida. The event brought together product experts, technical specialists, industry thought leaders and banking executives. Everyone shared valuable insights, discussing their experiences, challenges, and strategies for success. The spirit of collaboration and shared knowledge remained a key theme throughout the week. We extend a big thank you to everyone who joined us. We appreciate your partnership and look forward to achieving greater success together. #LifeAtBottomline

Want to kickstart your career with a leading global fintech company? Join us at our HQ in Portsmouth, North America, for our first-ever Sales Recruitment Open House. You could walk away with a job offer! ?? ?? Ready to take the leap? Fill out this form: https://ow.ly/z1WA50VkSxI. ?? Not in North America? No worries—we're hiring globally! Explore current roles here: https://ow.ly/ynYq50QnK7l. We look forward to meeting you!

The Failure to Prevent Fraud legislation will play a significant role in addressing a pressing issue—??????????, which has become the most common crime in the UK. ?? Here’s why it matters: 1?? ????????????????????????????: The law holds large organisations liable for fraud by employees or agents that benefit them, ensuring unethical practices are addressed. 2?? ????????????????????: By mandating reasonable fraud prevention procedures, the law encourages stronger internal controls and a culture of integrity. 3?? ???????????? ????????????????????: It safeguards individuals and businesses from the financial and trust-related harms caused by fraud. 4?? ?????????? ?????????????? ??????????: Honest businesses can compete fairly, knowing competitors cannot gain advantages through fraud. 5?? ?????????????????? ????????????????????????????: This legislation reinforces existing laws against bribery and tax evasion, signalling that unethical behaviour is unacceptable. This new offence represents an important step towards tackling fraud at its source and promoting a more transparent and ethical business environment. Learn more here ?? https://ow.ly/5LMi50VlvfX.

??? In this week’s podcast, our host chats with Eliza Thompson from Themis about the alarming intersection of insider access and external fraud threats in payment scams. With 45% of respondents citing collusion as a significant risk, it’s time to tackle this issue head-on! Discover effective strategies for banks and businesses to mitigate fraud risks. Tune in now: ?? Apple Podcast: https://ow.ly/E3Tn50VkHI5. ?? Spotify: https://ow.ly/cVmc50VkHI6.

Tackling financial crimes like terrorist financing, money laundering, and organized crime is more challenging than ever for institutions. Resources are stretched thin, with 90-99% of transaction alerts being false positives. Join our experts as they dissect these challenges and share strategies to enhance compliance while meeting customer demand. ?? Siiri Grabbi, Sanctions/CTF Officer at Coop Pank AS ?? Léonard Werner, Senior Project Manager at Bottomline Sign up now ??