Bottomline buys $17m e-billing system

Bottomline Technologies is purchasing Bank of America's electronic bill and payment service for business vendors for $17 million, states NHBR.com.

Bottomline will acquire the bank's PayMode product, which facilitates the electronic exchange of payments and invoices between organisations and suppliers for about 550 Bank of America clients.

The deal comes on the heels of the company posting a quarterly net loss of $3.6 million, or 15c a share, culminating in a fiscal year loss of $12.3 million, or 51c a share.

US healthcare payment service provider Herae and Ohio State University Medical Centre will present an electronic payment case study next month at The Association for Work Progress Improvement Healthcare Payments Automation Summit, reports News Blaze.

Recent government healthcare reform policies and current economic conditions have created a sense of urgency for the healthcare industry to go electronic to improve the US healthcare payments delivery system and reduce fraud.

Herae CEO Jim Ribelin says: "With more than $200 billion dollars in medical payments being paid by consumers every year and billions per day in electronic payments to healthcare providers by insurance companies there are real improvement opportunities for the entire healthcare payment ecosystem.”

Thousands of SMEs in Thailand are already using search engine marketing to find new customers and grow their business through the Internet, says The Nation.

As the first authorised reseller for Google AdWords in Thailand, ReadyPlanet says it will be able to help even more SMEs to benefit from search engine marketing during these tough economic times.

Grand Planet Enterprise is the company which operates ReadyPlanet.com, which is the largest DIY Web site provider in Thailand. ReadyPlanet will provide comprehensive search engine marketing strategy and planning; create and manage Google AdWords campaigns; and provide campaign performance analysis and e-mail/phone support.