Bottomline Technologies, a provider of cloud-based payment, invoice and banking solutions, is expanding the payment capabilities of its B2B settlement network, Paymode-X, to include 23 currencies (view press release). Paymode-X, available in 30 countries, is used by travel companies to send electronic commission payments and remittances to agents around the world.

Bottomline says that eliminating paper payable processes may present significant opportunities for cost savings.