Bottomline Technologies
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A maker of financial software that helps businesses and banks move payments off paper checks and onto digital rails, with products like the Paymode-X business payment network. Founded in 1989 in Portsmouth, New Hampshire, by Dan McGurl and Jim Loomis, the company got its name from the accounting "bottom line" — the promise that its technology would improve customers' finances. A fitting twist: the firm built its early business on replacing pre-printed paper checks, yet still helps banks spot heavy check users and steer them toward digital payments.
1.5% Convertible Senior Notes due 2017
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