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American Express to Integrate Bottomline's Paymode With its B2B Payment Platform

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American Express (AXP) and Bottomline have agreed to a partnership that will see Bottomline's Paymode integrated into American Express Buyer Initiated Payments, its B2B payment platform, through a new feature called BIP Connect, Bottomline said Tuesday.

The integration will provide eligible American Express BIP customers with authenticated payments backed by Paymode's multi-layer fraud controls and seamless access to Paymode's vendor network, according to Bottomline.

Financial details related to the partnership were not disclosed.

Price: $348.90, Change: $-2.97, Percent Change: -0.84%

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