Bottomline Taps Chainlink for Blockchain Payments Access

Bottomline, a top-three Swift service provider, has partnered with Chainlink to bring blockchain payments to its network of over 600 banks. The partnership will connect Bottomline's $16 trillion annual payments network with public and private blockchains, allowing participating financial institutions to access cross-chain and cross-border settlement while retaining ISO 20022 messaging.

The integration uses Chainlink's Cross-Chain Interoperability Protocol (CCIP) to handle communication and transfers of tokenized value across supported blockchain networks. Chainlink's Runtime Environment, or CRE, will coordinate payment workflows from one end of a transaction to the other.

This setup gives Bottomline customers access to multiple public and private chains through one connection instead of requiring separate infrastructure for each blockchain. Participating banks can keep using ISO 20022 messaging while Chainlink handles the blockchain components needed to execute transactions across selected networks.