Chainlink Teams Up with Bottomline for Secure Cross-Border Payments
Chainlink has partnered with Bottomline to enhance secure cross-chain payment capabilities for over 1,200 financial institutions globally. This integration aims to improve cross-border transaction speed and reduce costs by combining Chainlink's blockchain interoperability protocol with Bottomline's legacy payment systems.
Bottomline's expertise in compliance and automation, aligned with global standards like ISO 20022, complements Chainlink's efforts to connect traditional finance with blockchain technology. This partnership could accelerate the adoption of blockchain in international payments, which currently face delays and high fees due to multiple intermediaries.