Bottomline Technologies has announced that over 400 UK clients are using its BACSTEL-IP subscription service. Launched in April 2004, this service allows small to medium-sized companies to purchase Bottomline’s BACSTEL-IP software, WINBACS-IP, for a monthly fee. Peter Fortune, president of Bottomline Technologies Europe, said: ‘We plan to extend the subscription service to other products including cheque and remittance processing, offering customers additional functionality for little up-front investment.’
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.