Chainlink and Bottomline Team Up to Bridge Traditional Payment Infrastructure with Blockchain

Chainlink has announced a strategic collaboration with Bottomline, a major provider of payment connectivity and Swift-related infrastructure. The partnership aims to explore how banks can bridge existing payment systems with public and permissioned blockchain networks.

Bottomline serves over 600 customers across 92 countries through its payments, securities, connectivity, and messaging infrastructure. Its Swift connectivity platform handles roughly 15% of international cross-border Swift traffic, with industry reports associating Bottomline's broader payment infrastructure with more than $16 trillion in annual payment flows.

Chainlink is not processing this $16 trillion on-chain; instead, the collaboration creates a pathway for proof-of-concept work connecting existing banking payment infrastructure to blockchain systems. This will explore interoperability between traditional payment rails and emerging blockchain networks.

The Chainlink- Bottomline collaboration highlights the potential for blockchain adoption in institutional finance. By connecting traditional payment infrastructure with blockchain-based networks, financial institutions may be able to connect blockchain-based assets and payment networks without replacing all of their existing infrastructure.