Chainlink has partnered with Bottomline, a B2B payments technology provider, to bring secure cross-chain payment capabilities to Bottomline’s banking customers. The collaboration pairs Chainlink’s blockchain interoperability infrastructure with a legacy payments firm that processes hundreds of billions of dollars in annual volume. Bottomline provides SaaS-based solutions for payments automation, financial messaging, fraud prevention, and treasury management. Its customer base spans roughly 1,200 financial institutions and 10,000 businesses globally. Those clients rely on Bottomline’s infrastructure to move money across networks like Paymode, and the firm has built deep expertise around compliance frameworks including Swift and ISO 20022 standards. Chainlink has been courting the traditional finance sector, positioning itself as the connective tissue between blockchains and legacy systems. The most prominent example is Project Pangea, an initiative involving over 50 banking institutions across Europe and South Korea. That project targets T+0 settlement for foreign exchange transactions. The banks participating in Pangea collectively manage more than $10 trillion in assets under mana...
Chainlink partners with Bottomline to enhance cross-border payments
1 month ago
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