EVERLINK eCONNECT™ – UPGRADE TO NEW SETTLEMENT & REPORTING PLATFORM USING CONCOURSE

April 6, 2021

APRIL 6, MARKHAM, ON – Everlink Payment Services Inc. is pleased to announce the launch of our eCONNECT™ enterprise initiative to upgrade our settlement and reconciliation system. Everlink’s business capacity and complexity continues to expand and evolve in today’s fintech environment. Everlink will partner with BHMI to implement the Concourse Financial Software Suite® providing an integrated and modernized system for settlement and reconciliation, fee calculation, dispute resolution and reporting.

The eCONNECT™ initiative will further bolster Everlink’s payment processing functions. The new Settlement and Reporting platform will seamlessly integrate with other current Everlink systems, continuously pulling and loading data as it becomes available to perform back-end processing immediately. It will enable quicker time-to-market for onboarding new clients and enhance user experience by allowing ease of access to data. It will also allow for faster implementation of regulatory changes, including privacy and security, and will provide a solid basis to support future technological enhancements.

Furthermore, the new platform’s highly configurable reporting infrastructure will allow both Everlink and its clients to access data securely without impacting back-end operations, providing them with detailed reporting functions on-demand.

“As our business volume and complexity continues to increase dramatically, together with the inexorable evolution toward digital payments across Canada, it is critical that Everlink remains current and compliant, offering the latest and most functionally relevant capabilities,” said Mark Ripplinger, President and CEO of Everlink. “BHMI’s Concourse solution provides us the flexibility and functionality we require to meet the needs of our clients and the rapidly changing demands of the payments industry.”

“We are pleased to continue our partnership and support of Everlink with the latest release of Concourse,” said Lynne Baldwin, President of BHMI. “We strive to make Concourse the best back-office payments solution available. Our latest version is the result of the continual process of improvement, reflecting our commitment to provide our customers with a superior software experience.”

Everlink will keep clients informed about our progress on this exciting enterprise initiative. Please stay tuned for future communications.

About BHMI
BHMI is a leading provider of product-based software solutions focused on the back-office processing of electronic payment transactions. The company is best known as the creator of the Concourse Financial Software Suite® – a unique integrated collection of back-office products that allow companies to adapt to the rapidly changing world of payments quickly and easily. Concourse is a cohesive and integrated package, including settlement, reconciliation, fees processing, and disputes workflow management, that reduces the cost and complexity of back-office processing. Concourse’s continuous processing, near real time architecture and powerful rules engine is ideally suited for new payment initiatives like P2P and enables companies to perform back-office processing for any type of payment transaction. To learn how your company can benefit from the power and flexibility of Concourse, please visit www.bhmi.com.

Everlink Payment Services Inc. is a leading provider of comprehensive, innovative, and integrated payments solutions and services for credit unions, banks, and SMEs across Canada. In addition to supplying best‐in-breed technology infrastructure and payment network connectivity, Everlink offers a comprehensive range of integrated payments Lines of Business including: Payment Network Gateway, ATM Managed Services, Card Issuance & Management, Fraud Management Solutions, Mobile Payments, Professional Services and SME Solutions. To learn more, please visit www.everlink.ca.

# # #