Bottomline Teams Up with Chainlink to Streamline Cross-Border Payments
Bottomline, a leading provider of payment services that facilitates over $16 trillion in transactions annually, has partnered with Chainlink to enhance cross-border payments for its 600+ bank customers. This strategic collaboration marks an important step towards integrating blockchain technology into traditional finance.
The integration of Chainlink's secure interoperability and orchestration capabilities will enable Bottomline to connect its existing payment infrastructure to both public and private blockchains, allowing banks to use familiar ISO 20022 messaging while accessing on-chain payment rails.
Chainlink is a decentralized oracle network that enables smart contracts on various blockchain platforms. The partnership between Bottomline and Chainlink aims to streamline cross-chain transactions in the financial sector.