ProgressSoft is a global provider of real-time payment, clearing and settlement solutions. Since its inception in 1989, the company has become a trusted partner to over 370 clients in 25 countries, earning a strong reputation for driving digital transformation across the financial sector both at the organizational level and through nationwide initiatives.
Its comprehensive portfolio includes innovative solutions such as the Payments Hub Platform, Intelligent Signature Recognition, Buy Now Pay Later, Corporate Banking and Message Depot, among others.
Each solution is designed with advanced features to meet the unique needs of financial institutions, enabling them to stay competitive in an ever-evolving industry.
ProgressSoft’s commitment to quality and innovation is underscored by its adherence to the highest global standards and best practices. Its solutions are accredited by leading international organizations, including Swift
and the World Bank, ensuring full compliance with industry benchmarks for security, scalability and operational reliability.
This dedication to excellence ensures that its solutions deliver tangible and lasting value and meet stringent requirements for performance and data protection.
At the heart of ProgressSoft’s mission is its unwavering dedication to empowering financial institutions in their journey toward achieving digital excellence.
By enabling seamless transitions to modernized systems, ProgressSoft helps institutions streamline complex processes, reduce operational costs and achieve greater efficiency. Furthermore, its solutions align with
regulatory efforts to modernize the financial sector, promote financial inclusion and enhance oversight capabilities.
These efforts contribute to more accessible, transparent and efficient financial ecosystems.
ProgressSoft’s flagship Payments Hub Platform has gained significant traction in recent years for its ability to enable financial institutions to process domestic and international transactions seamlessly across multiple payment channels and corridors.
As a Swift-certified solution, it has played a pivotal role in the transition to ISO 20022, and continues to provide robust enrichment services for the new messaging standard. The platform empowers financial institutions to meet the growing demand for peerto-peer and cross-border payments while exceeding consumer expectations for transparency, convenience and speed.
ProgressSoft’s introduction of solutions like Buy Now Pay Later demonstrates its forward-thinking approach, addressing emerging trends in consumer behavior and digital commerce to drive revenue growth and enhance market competitiveness. Similarly, the launch of Message Depot provides financial institutions with powerful tools to centralize, access and filter message data, offering unprecedented capabilities to ensure compliance with regulatory standards. These innovations reaffirm ProgressSoft’s position as an industry leader, setting new benchmarks and empowering institutions to achieve lasting success and impact.
In early 2025, ProgressSoft expanded its portfolio with two solutions that reflect its continued commitment to solving real challenges in banking operations and compliance.
Its MT/MX Converter was developed in response to the growing pressure on financial institutions to adopt ISO 20022 standards while maintaining compatibility with existing systems. Instead of obliging banks into complex overhauls or custom developments, the solution offers a straightforward, secure way to bridge the gap between regulatory and internal environments, ensuring message integrity, regulatory compliance and operational continuity.
ProgressSoft also introduced its Smart Payments Reconciliation solution, designed to ease one of the most resource-intensive processes in financial institutions.
By bringing together fragmented data sources into a unified system, it enables banks to manage high transaction volumes, reduce manual intervention and gain full visibility into their reconciliation workflows.
The result is a more efficient, compliant and audit-ready process.
By continually pushing the boundaries of what financial technologies can achieve, ProgressSoft is helping institutions navigate the complexities of the modern financial landscape with confidence.
Whether it is enabling real-time payments, streamlining corporate banking processes, or enhancing regulatory compliance, ProgressSoft remains a trusted partner in the journey toward financial innovation and excellence.
