BHMI, a leading provider of enterprise software applications and creator of the Concourse Financial Software Suite, announced that PULSE, one of the nation’s leading debit networks, is now using Concourse – Extended Settlement™ for its principle settlement of transactions. PULSE is using Concourse across the entirety of its network, including point of sale, e-commerce and ATM transactions.
@PULSENetwork leverages @bhmisoftware’s Concourse – Extended Settlement™ to support increased #transaction volumes
As part of the global payments brand, Discover Global Network, PULSE operates a debit/ATM network serving thousands of financial institutions nationwide and linking cardholders to more than 2.2 million ATMs around the world. PULSE’s settlement processing is now powered by Concourse – averaging more than 13 million transactions daily.
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Concourse – Extended Settlement™ allows PULSE to settle across different channels and provides the flexibility to move from daily to intra-day processing as needed. This not only lays the groundwork for real-time delivery, but Concourse’s flexible rules-based engine also enables PULSE to make quick adjustments for fee and settlement processing without changing code, resulting in significant savings in time and resources.
“As transaction volumes continue to grow across the board, PULSE is committed to providing our clients and partners with the fast, reliable processing services they expect,” said Randall D. Hardy, Executive Vice President of Business Technology for PULSE. “BHMI’s Concourse solution provides flexible settlement support that will allow us to meet the needs of our clients and the demands of the industry.”
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