BHMI Concourse – Core: Continuous Real-Time Payment Processing

Streamline Back-Office Processing for Electronic Payment Transactions

The Concourse Financial Software Suite is a comprehensive solution for the back-office processing of electronic payments, including credit card, debit card, ATM, POS, mobile, and account-to-account transactions. Concourse – Core is the heart of the Concourse Financial Software Suite because it provides the foundational functionality leveraged by all other Concourse modules.

Key Features of the Concourse – Core Module Icon representing secure electronic payment transactions with a smartphone, credit card, and padlock, emphasizing security and compliance in payment processing.

  • Centralized Transaction Repository
  • Continuous Processing Architecture
  • Transaction Life Cycle Linkage
  • Browser-Based User Interface
  • Secure and PCI Compliant
  • Real-time Data Access
  • Muli-Tenant User Access
  • Configurable Rules Engine
  • Real-Time Summaries and Reporting
  • Version and Operations Management
  • Scalability and Availability

These features allow financial services companies to efficiently manage their back-office payment processing, from automatically loading data from all transaction sources to proactively monitoring business activity in real-time. The system is also user-friendly, with a browser-based interface and configurable business rules that easily meet changing needs.

Benefits of the Concourse – Core Module

  • Improve operational efficiency with automatically loading data from all transaction sources
  • Proactively monitor entire enterprise with real-time access to transaction data and processing activity
  • Enhance productivity and easily meet changing needs with configurable rules engine
  • Win more business with competitive fee schedules and commission programs
  • Ensure data integrity by automatically identifying discrepancies and reconciling transaction data
  • Reduce cost and complexity of managing chargebacks and disputes
  • Meet service level agreements with fast and accurate settlement processing

Core Benefits Explained

One of the key benefits of Concourse Financial Software Suite is the automatic data loading feature, which continuously loads transaction data from all sources, providing real-time access to up-to-date information. This is complemented by a centralized transaction repository that stores all transaction data in a secure and organized location, ensuring fast and accurate settlement processing.

With real-time data access, companies can view transactions through a browser-based viewer at any time, providing a clear understanding of their business. The software’s secure and PCI compliant design also ensures that sensitive information is protected and meets Payment Card Industry security standards.

Concourse – Core’s configurable business rules allow companies to easily configure the system to meet their changing needs, improving productivity and ensuring requirements are met. The transaction life cycle linkage feature offers a complete view of every transaction, helping companies proactively monitor their business.

In addition, Concourse includes real-time summaries and reporting, as well as version management and operations management features, to proactively track status and ensure reliable processing and data management. The software’s scalability and availability ensure that it can adapt and scale to handle growing business needs.

Concourse – Core is a comprehensive solution for back-office payment processing that offers numerous benefits for financial services companies. With features such as automatic data loading, real-time data access, configurable business rules, and scalability and availability, it ensures operational efficiency and customer satisfaction.

Additionally, Concourse meets Payment Card Industry security standards and is listed as a Validated Payment Application on the PCI website. Whether your company is growing quickly or already established, Concourse can handle the load with its scalable and available architecture.