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ProgressSoft Concludes the Third Edition of the Central Bank Payments Conference

07-02-2019 11:08 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ProgressSoft Corporation

[Berlin, 27 June 2019]
A third successful year was concluded today for ProgressSoft at the Central Bank Payments Conference (CBPC) in Berlin, Germany. Bringing new payment technologies to central banks from around the world, ProgressSoft managed to shed light on significant topics for central banking bodies while uncovering futuristic insights for those institutions.
While maintaining a solid focus on the importance of financial inclusion, interoperability and a strong oversight of the payment channels on a national scale, ProgressSoft presented its take on mobile payments interoperability to more than 50 central banks and monetary authorities as world-first innovators of the Interoperable Mobile Payment Switch, a solution designed with a deep understanding of what central banks need offering unprecedented capabilities to provide more inclusive and attainable financial services to their citizens.
The Interoperable Mobile Payment Switch triggered the interest of more than 20 central banks from different countries including Colombia, Maldives, Austria, Netherlands, Canada, The UK, Singapore and Thailand.
In parallel, and keeping up with the latest trends in payments, ProgressSoft presented its secured, tailored and interoperable payment systems for central banks including its latest Blockchain-based Central Bank Digital Currency, Real-time Retail Payments (Instant Payments) and more.

51 Saad Ben Abi Waqqas Street
PO Box 802
Amman - 11941 Jordan

Since its inception in 1989, ProgressSoft has focused on real-time payments to deliver solutions tailored to the needs of the financial sector. We nurture more than 370 clients in 24 countries and boast a record of thousands of installations worldwide in banks, central banks and financial institutions with several offices spanning the globe.

ProgressSoft delivers a highly regarded set of mission-critical and cost-effective payment, clearing and settlement systems including Mobile Payments, Payments Hub, Blockchain-based Central Bank Digital Currency, Real-time Retail Payments, Automated Clearing House, Real-Time Gross Settlement, Electronic Funds Transfer and Electronic Check Clearing amongst many others.

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