Digital Payments News

Hargreaves Lansdown Selects Bottomline to Future-proof Payments

Hargreaves Lansdown Selects Bottomline to Future-proof Payments

Bottomline , a leading provider of financial technology that makes complex business payments simple, smart and secure, announced that UK-based Hargreaves Lansdown plc, the UK’s number one investment platform for private investors, has selected Bottomline PTX to support its ‘cloud-first’ payments strategy.

Hargreaves Lansdown’s decision to move to a cloud-based business payments platform aligns with its digital transformation strategy. Its selection of PTX reflects Bottomline’s ability to provide a fully integrated, regulation-compliant platform complete with innovative functionality around new payments initiatives, such as Open Banking. Hargreaves Lansdown will use PTX to receive funds from its clients and distribute funds to them.

Latest Fintech News: Total Economic Impact Study Reveals Veriff’s Identity Verification Platform Delivers 195% ROI

“As the UK’s number one investment platform for private investors, Bottomline’s payment system is an important part of our investment into our digital backbone, which gives us access to infinite scale by harnessing the power of the cloud,” comments David Espley, Chief Technology Officer, Hargreaves Lansdown.

“Creating delight means that Bottomline connects its customers with their customers smartly, simply and securely across the life of payments and cash,” said Paul Fannon, Managing Director of Global Business Solutions at Bottomline. “We deliver that by innovating our payments solutions to include functionality such as Open Banking, Confirmation of Payee (CoP) fraud prevention measures, Request to Pay, and Enhanced Data, making the exchange of money easy.”

Download our top whitepaper

Building Reliable and Secure Fintech Systems in 2022

David Espley concludes, “It was important for us to choose a safe, secure, and trusted payment provider, and following a full RFP, we took the decision to continue our relationship with Bottomline and migrate to their new PTX solution. The Bottomline solution also gives us the option to continue to develop our offering in future, as we see things like Open Banking develop.”

Latest Fintech News: Cetera Redefines Onboarding and Integration Experience

[To share your insights with us, please write to]

Related posts

Mudra Brings Liquidity Locking Platform to the BSC Network

Fintech News Desk

Afterpay Expands Into Canada With American Eagle, Huda Beauty, Roots, Native Shoes Among Many Others

Fintech News Desk

DPS Cyber Security Crypto Recovery Firm Simplifies the Process for Its Clients of Recovering Their Digital Assets

Fintech News Desk