ProgressSoft Corporation

Since its establishment in 1989, ProgressSoft Corporation has risen to prominence as a leading provider of cutting-edge real-time payment and financial solutions. The company’s global presence spans over 25 countries, serving more than 370 financial institutions and service providers and operating out of several offices in Jordan, Kuwait, Nepal, Oman, Qatar and the UAE. Committed to innovation, ProgressSoft continuously strives to deliver transformative financial solutions. From Instant Payments and Mobile Payments, to its renowned Payments Hub, Intelligent Signature Recognition and Buy-Now-Pay-Later solutions. Additionally, ProgressSoft offers well-established solutions including Electronic Know Your Customer, Corporate Banking and Salary Processing System.
 
ProgressSoft’s solutions adhere to globally recognized standards such as ISO 20022 and local regulations. These solutions are developed using agile development methodologies, which entail client involvement in all phases of development. This collaborative approach can directly and accurately address business concerns, enhancing project confidence and delivering desired outcomes more efficiently. Furthermore, following the completion of each project, ProgressSoft remains committed to providing 24/7 support services, as well as post-sale and maintenance assistance.
 
Clients can also leverage ProgressSoft’s consulting services for a comprehensive assessment of technical, organizational, or strategic frameworks. These services encompass analyzing business objectives, evaluating existing systems and practices, guiding decision-making processes and gathering project requirements; offering valuable insights to determine whether a project requires minor adjustments or a significant overhaul to align with strategic objectives.
 
ProgressSoft’s services and solutions are complemented with a vast network of global partners, including renowned entities in the payments, financial and information technology domains such as Swift, Oracle, Mastercard, Visa and other strategic allies across the globe.
 
In early 2024, ProgressSoft introduced Message Depot, which is a sophisticated centralized repository capable of storing over one billion financial and non-financial messages in near-real-time, facilitating data retrieval and querying capabilities for financial institutions and businesses.
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Offices

Jordan, Kuwait, Nepal, Oman, Qatar, and the UAE.

Clients

370+ including Central Bank of Bahrain, Central Bank of Jordan, Central Bank of Kuwait, Central Bank of Libya, Central Bank of Oman, Central Bank of Seychelles, Central Bank of Sudan, Nepal Rastra Bank, Qatar Central Bank, BENEFIT, Nepal Clearing House Limited, STC, MEPS, Zain, Dinarak, Jawwal Pay, Al Madar Al Jadid, BNP Paribas, CitiBank, HSBC, Standard Chartered, Industrial and Commercial Bank of China, Al-Rajhi Bank, Arab Bank, Mauritius Commercial Bank, First Abu Dhabi Bank, 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, Jordan Ahli Bank, Jordan Islamic Bank, National Bank of Kuwait, National Bank of Oman, Qatar International Islamic Bank, The Housing Bank for Trade & Finance, Jordan Kuwait Bank, Abu Dhabi Islamic Bank, Ministry of Digital Economy and Entrepreneurship and more.

Awards and Certificates

• Global Payments Innovation Awards 2023: Best Payments Led Financial Inclusion Initiative - Mobile Payments Platform
• Global Payments Innovation Awards 2023: Best Payments Solution by a Vendor - Payments Hub Platform
• Swift Compatible Application in Payments Label 2023 - Payments Hub Platform
• Red Hat for OpenShift Containerized Application - Corporate Banking Suite
• MQA: ISO/IEC 27001:2022 Certified

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