PORTSMOUTH, N.H. - March 9, 2016 - Bottomline Technologies (NASDAQ: EPAY), a leading provider of cloud-based payment, invoice and digital banking solutions, has been named a top 100 global provider of risk and compliance technologies on the 2016 Chartis RiskTech100® report.

Now in its 10th year, the RiskTech100® is globally acknowledged as the most comprehensive study of the world's most significant risk and compliance technology companies.

The threat to cyber security is growing exponentially. In the past year alone, 75% of companies have fallen victim to a fraud incident according to the Kroll Global Fraud Report.
Chartis estimates the global expenditure on risk and compliance technology to be in excess of $100 billion in 2016.

Bottomline offers a variety of Cyber Fraud and Risk Management solutions that earned the company its position on this prestigious list, including anti-money laundering, compliance monitoring and management and enterprise case management. These solutions:

  • Provide organizations with the unique ability to non-invasively monitor, replay and analyze user behavior across multiple channels, and instantly flag and stop suspicious activity
  • Create accountability by recording and analyzing each keystroke and screen view, reducing the risk of theft, information leakage, internal fraud and payments fraud, as well as decreasing the cost of regulatory compliance.

In addition, case management capabilities centralize risk management, speed investigations and facilitate compliance with regulations pertaining to Anti-Money Laundering (AML), the Health Insurance Portability and Accountability Act (HIPAA) and Know Your Customer (KYC).

'Security is a daily worry for organizations. We're committed to helping eliminate that worry from their to-do list so they can focus on the core nature of their business' said Rob Eberle, CEO of Bottomline Technologies. 'We are delighted to be recognized as one of the leading RiskTech companies in the world and this achievement underscores our commitment to our customers.'

About Bottomline Technologies
Bottomline Technologies (NASDAQ: EPAY) powers mission-critical business transactions. We help our customers optimize financially-oriented operations and build deeper customer and partner relationships by providing a trusted and easy-to-use set of cloud-based digital banking, fraud prevention, payment, financial document, insurance and healthcare solutions. Over 10,000 corporations, financial institutions and banks benefit from Bottomline solutions. Headquartered in the United States, Bottomline also maintains offices in Europe and Asia-Pacific. 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, 2015 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
Bottomline Technologies
603.501.6186
cnurnberger@bottomline.com

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Bottomline Technologies Inc. issued this content on 28 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 29 April 2016 12:45:31 UTC

Original Document: http://www.bottomline.com/us/about/news/bottomline-technologies-recognized-as-top-100-risktech-company