Today in the connected economy, Meta Platforms announces plans to rename its Facebook Pay system to Meta Pay, while Airbnb launches a coalition to ensure its travelers’ safety. Plus, software investment firm Thoma Bravo buys FinTech Bottomline Technologies for $2.6 billion. Facebook Pay Being Rebranded...
Software investment firm Thoma Bravo on Friday (May 13) announced the finalization of its acquisition of FinTech Bottomline Technologies for $2.6 billion in cash, almost five months after the companies agreed to the deal on Dec. 17 and more than two months after Bottomline stockholders...
Payments and invoice management platform Bottomline Technologies will become a privately held company following a planned $2.6 billion acquisition by software investment firm Thoma Bravo. The company announced the acquisition Friday (Dec. 17), saying the all-cash transaction would likely close in the second quarter of...
Payment and invoice management platform Bottomline Technologies Inc. is looking into a potential sale and is working with Deutsche Bank AG on its options, people with knowledge of the situation told Bloomberg on Thursday (Dec. 9). Bottomline has recently been courted by private equity firms,...
August 19, 2021
March 2020 marked a watershed moment for digital banking. It marked the mass acceleration away from branches and onto banking sites and apps, with more consumers banking digitally than ever. Unfortunately, cybercriminals were quick to follow, emboldened to capitalize on the surge in digital banking. Thirteen percent of financial institutions (FIs) that fell victim to […]
June 19, 2020
Businesses that have stuck with paper-based accounts payable (AP) processes are feeling the heat as the COVID-19 pandemic makes it unsafe for staff to conduct manual invoice and payment processing...
June 01, 2020
Physicist Niels Bohr — or maybe it was ballplayer Yogi Berra — once said predictions are hard, especially the ones about the future. Any sudden shock to the system like...
May 13, 2020
Late payments have always plagued business-to-business (B2B) commerce, but the problem is coming to a new head. Financial instabilities that many companies are facing due to the pandemic has made...
February 22, 2024
Business payments company Bottomline has debuted an updated fraud prevention kit. The company announced its enhanced Insider Threat Management solution Thursday (Feb. 22), saying it helps banks and non-banking financial institutions use data visualizations, threat profiles and advanced case management strategies to combat insider fraud. “Whatever the motivations, including bad actors plotting ransomware attacks while […]
May 13, 2022
Software investment firm Thoma Bravo on Friday (May 13) announced the finalization of its acquisition of FinTech Bottomline Technologies for $2.6 billion in cash, almost five months after the companies...
December 17, 2021
Payments and invoice management platform Bottomline Technologies will become a privately held company following a planned $2.6 billion acquisition by software investment firm Thoma Bravo. The company announced the acquisition...
December 10, 2021
Payment and invoice management platform Bottomline Technologies Inc. is looking into a potential sale and is working with Deutsche Bank AG on its options, people with knowledge of the situation...
