Since BHMI opened its doors in 1986, we have become a leading and trusted provider of software solutions focused on the back office processing of electronic payment transactions.
BHMI is best known as the creator of the Concourse Financial Software Suite® – a unique integrated collection of back office software products that allow companies to adapt to the rapidly changing world of payments.
Concourse is a cohesive and integrated payments back office software solution that performs functions such as settlement, reconciliation, fee assessment, and dispute management. Concourse’s continuous processing architecture, transaction life cycle linkage, and configurable rules engine make it ideally suited for any type of payment transaction, including card-based payments and account-to-account real-time payments. To learn more about how BHMI and Concourse are revolutionizing the payments back office, watch this short video here.
BHMI’s talented team is centrally located at BHMI’s state-of-the-art Software Development Center in the United States. All development, testing, implementation, and support services are provided directly by BHMI team members.
From the very beginning, our core competency has been to create software solutions that are continuously available, highly scalable, and undeniably reliable. Since 1986, we have seen a lot of change in technology, but our focus has remained the same. We develop software solutions that provide real value for our clients and professional satisfaction for our team.
Our History
This is a timeline of strategic milestones throughout BHMI’s corporate history.
Our History
1986
BHMI Opens Its Doors & Completes First Project for Union Pacific Railroad
BHMI opens its doors and completes its first software development project with Union Pacific Railroad. Our software permits wireless data communications between Union Pacific’s national dispatching center and mobile terminals on locomotives.
1989
BHMI is Selected by Greyhound Lines to Develop Ticketing & Reservation System
Greyhound Lines partners with BHMI to modernize its sales and ticketing operations with a robust reservation system.
1992
BHMI Goes Global with Electronic Bill Payment Solution
BHMI goes global when it deploys a full-feature electronic bill payment solution for financial institutions around the world.
1994
BHMI Completes First Government Contract with the FAA
BHMI completes its first government contract for the Federal Aviation Administration and delivers a fault tolerant weather message switching application.
1996
BHMI Develops One of Industry’s First Prepaid Calling Card Applications
In time for the 1996 Summer Olympics, BHMI develops one of the industry’s first prepaid calling card applications for MCI.
2000
BHMI Creates Near Real-time Payment Settlement & Reconciliation Solution
One of the largest transaction processors in North America asks BHMI to create a robust and integrated settlement and reconciliation solution.
2001
BHMI Takes Over Worldwide Support of Call Application Manager (CAM)
BHMI takes over worldwide support and maintenance for the Call Application Manager (CAM) product, which is a call center automation software application originally offered by Tandem Computers.
2003
BHMI Launches Concourse – ESP
Concourse – ESP is a comprehensive settlement and reconciliation solution for companies processing electronic payment transactions.
2004
BHMI Launches Concourse – AFS
Concourse – AFS is an advanced fees solution that allows companies to create a wide range of fees structures.
2005
BHMI Launches Concourse – Disputes
BHMI launches Concourse – Disputes, which is a workflow management system for chargebacks and disputes.
2006
BHMI Invests Heavily in its Concourse Product Division
As demand continues to grow for Concourse software, BHMI makes a strategic decision to invest heavily in its Concourse Product Division.
2008
BHMI Completes First PCI PA-DSS Certification Process for Concourse Products
The Concourse Product Division focuses on ensuring all Concourse products are PCI PA-DSS Certified.
2009
BHMI Rebrands Back Office Products as the Concourse Financial Software Suite
BHMI rebrands and publically launches its back office processing software products as a modular, integrated solution called the Concourse Financial Software Suite.
2010
BHMI’s Concourse – TMS Product is Selected by Mastercard
All debit transactions for Mastercard Worldwide are being processed via an integrated messaging facility created by BHMI called Concourse – TMS.
2013
BHMI Launches Concourse (Release 3)
BHMI launched Concourse (Release 3), which is based on a rules-based architecture.
2019
BHMI Launches Concourse (Release 4)
Concourse (Release 4) is made publicly available and is selected by large processors in Australia, Canada, and the United States.
2019
BHMI announces the support of ISO 20022 Payments Format and SEPA
Concourse is selected by companies in the United States, Australia, and Europe to perform back office processing of real-time, account-based transactions.
2020
Concourse Wins Best Real-Time Payments Solution
BHMI’s Concourse Financial Software Suite received top honors at the PayTech Awards 2020 digital ceremony, winning the “Excellence in Tech Award” for “Best Real-Time Payments Solution.”
2021
BHMI Launches Concourse (Release 4.15)
This latest evolution of Concourse includes features that ensure it remains one of the most adaptive and flexible payments back office software solutions in the payments industry.
Financial services companies have valuable data in a variety of sources such as contract databases, business management systems, product catalogs, fee schedules, rebate programs, and many other sources. The new ER Component in Concourse enables companies to leverage data from many sources to create meaningful attributes and relationships across a wide range of data elements.
This Configurable Summary Feature leverages the real-time summarization capabilities in Concourse and provides companies with complete flexibility in the consolidation of any data within the repository to meet specific information gathering and reporting needs.
