Bottomline Technologies (EPAY) Acquires Intellinx in Cash, Stock Deal

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Bottomline Announces Cyber Fraud and Risk Management Solutions

January 13, 2015 5:00 AM EST

PORTSMOUTH, N.H., Jan. 13, 2015 (GLOBE NEWSWIRE) -- Bottomline Technologies (Nasdaq: EPAY), a leading provider of cloud-based payment, invoice, and digital banking solutions, today announced that it is now offering comprehensive cyber fraud and risk management solutions as a result of the acquisition of Intellinx, Ltd. Headquartered in Israel, Intellinx customers include some of the world's leading banks and government agencies. The fraud detection and prevention market is estimated at $17 billion annually and is projected to grow to $35 billion by 2019, representing a compound annual growth rate of 20%, according to research conducted by Gartner... More