BHMI Enhances the Concourse Financial Software Suite® to Support Interac Processing in Canada

February 25, 2026 - 03:36

In a move to bolster payment processing capabilities in Canada, BHMI has unveiled significant upgrades to its Concourse Financial Software Suite. The enhancements are specifically engineered to support financial institutions and payment processors participating in the Interac network.

The updated suite now provides comprehensive back-office support for Interac transactions, addressing critical operational needs. Key improvements include advanced settlement and reconciliation tools tailored to Interac's specifications. Furthermore, the software strengthens dispute management protocols, offering streamlined workflows for handling transaction inquiries and chargebacks. Enhanced reporting features provide acquirers and issuers with greater visibility and data analytics, crucial for compliance and operational efficiency.

This strategic development allows BHMI's clients to manage Canadian debit payment processing seamlessly within their existing Concourse environment. By integrating direct support for Interac's requirements, the software aims to reduce complexity, mitigate risk, and improve accuracy in the financial back office. The update underscores the ongoing evolution of payment ecosystems and the need for specialized software solutions that can adapt to regional network mandates, ensuring smooth and compliant transaction processing across North America.