Founded in 1989, ProgressSoft builds payment and imaging technology for financial institutions, including real-time payments, check clearing and digital banking platforms.
ProgressSoft is a payments and imaging technology company founded in 1989 that develops mission-critical software for financial institutions. Its work spans real-time payments, electronic check clearing, automated clearing house systems, electronic bill presentment, digital banking platforms, digital wallets, corporate banking software and signature verification. The company is headquartered in Jordan and operates in 24 countries through regional offices.
The firm's best-known product is its Electronic Image-Based Check Clearing Solution, introduced in 2001 as the world's first of its kind, which enabled same-day clearing cycles for check processing. Its wider portfolio includes a real-time and instant payments solution, an Automated Clearing House (ACH) system for financial institutions and payment service providers, an electronic bill presentment solution, a digital banking platform spanning corporate banking suites and digital wallets, and a signature verification system.
ProgressSoft reports working with more than 380 financial institutions across banking, central banking, commercial banking, payment service providers and fintech. The company describes a focus on robust and scalable mission-critical systems, on addressing unmet needs in the banking sector, and on partnership with global technology leaders including SWIFT, Microsoft, Oracle and HP.
