Facts
Markets
Customers
Central Bank of Bahrain, Central Bank of Jordan, Central Bank of Libya, Central Bank of Oman, Central Bank of Seychelles, Central Bank of Sudan, Central Bank of Yemen, Nepal Rastra Bank, Qatar Central Bank, BENEFIT, Nepal Clearing House Limited, Barclays, BNP Paribas, CitiBank, HSBC, Société Générale, Standard Chartered, Al-Rajhi Bank, Arab Bank, Jordan Dubai Islamic Bank, Mauritius Commercial Bank, National Bank of Abu Dhabi, Qatar National Bank, Al-Ahli Bank of Qatar, Bank Dhofar, Bank Muscat, Bank of Jordan, Bank Sohar, Cairo Amman Bank, Commercial Bank of Qatar, Doha Bank, International Bank of Qatar, Jordan Ahli Bank, Jordan Islamic Bank, National Bank of Kuwait, National Bank of Oman, Nouvobanq, Oman Arab Bank, Oman International Bank, Qatar International Islamic Bank, The Housing Bank for Trade & Finance.
Main Products
> Electronic Check Clearing Suite:
PS-ECC
Nationwide Electronic Image-based Check Clearing Solution
Prompt Check
The Banks’ Electronic Image-based Check Clearing Solution
Prompt Clear
Clearing House Unit Electronic Check Clearing Solution
Prompt RDC
Remote Deposit Capture Solution
Prompt ATM/CDM
ATM/CDM Check Capture & Deposit Solution
> Mobile Payment Suite:
PS-mPay
Countrywide Mobile Payment Solution
PS-mpClear
The Mobile Payment Switch
> Automated Clearing House Payment:
PS-ACH
Direct Debit / Direct Credit ACH Solution
> Real-Time Gross Settlement:
PS-RTGS
Real-Time Gross Settlement System
> Electronic Funds Transfer:
PS-EFT
Electronic Funds Transfer System
> Corporate Banking & Cash Management:
PS-CORPay
Corporate Banking & Cash Management Solution
> Signature Verification Suite:
PS-SIG
Signature Verification & Management Solution
PS-ASV
Automatic Signature Verification Solution
Contacts
Committed to a boundless aspiration towards innovation since its inception in 1989, ProgressSoft has been focusing its proficiency in payments and imaging technologies to deliver a set of solutions tailored for the needs of the banking and financial sectors. Operating through its headquarters in Jordan and several offices in other countries, ProgressSoft nurtures a diversified client base that extends to more than 450 banks and central banks in 24 countries around the globe.
ProgressSoft provides solutions in the fields of Electronic Check Clearing, Mobile Payment, RTGS, EFT, ACH Payment, Corporate Cash Management, Securities Trading Settlement and Intelligent Signature Verification.
ProgressSoft was established on a long-standing vision of leadership in delivering unprecedented world- first solutions, tailored to meet unaddressed business needs, while devoting its proficient efforts vertically to bring along enhancements on its core set of offerings.
ProgressSoft’s mission is to add value to its clients by making available a broad range of innovative, mission-critical, cost- effective solutions and portfolio of services to its markets.
In 2001, ProgressSoft proudly presented the World’s First Electronic Image-based Check Clearing Solution; an unprecedented breakthrough in the payments field that actualized a same-day clearing cycle and truncation of the check from the branch level. This was followed by similar success stories with country-wide implementations of ProgressSoft’s revolutionary solution in Jordan, Sudan, Oman, Bahrain, Nepal and Seychelles.
Early in 2010, ProgressSoft introduced PS-mPay, the Countrywide Mobile Payment Solution that enables domestic and cross-border remittances for banked and non- banked users to take place via mobile handsets and smart phones. PS-mPay is in the process of being implemented in the Seychelles, providing all citizens, expatriates and tourists in the country with Person- to-Person (P2P), Person-to-Business (P2B) and Person-to-Government (P2G) real-time mobile payments, in addition to Direct Credits, Near Field Communication (NFC) based Point-of- Sale (POS) Payments, International Remittances and Bill Payments.
ProgressSoft’s latest project also includes the implementation of the fully-fledged Corporate Banking & Cash Management Solution (PS- CORPay) in the Sultanate of Oman, and the successful live-run of the Electronic Funds Transfer Solution (PS-EFT) in the Seychelles.
ProgressSoft solutions were first exhibited at CeBIT 2002 and again at CeBIT 2003, where the company showcased the only solution that utilizes sophisticated imaging technology for clearing checks. ProgressSoft has also been gaining notable attention from the international arena through its participation in Sibos, the world’s premier financial services event.
Key Staff
