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ProgressSoft and Central Bank Celebrate the Launch of Electronic Check Clearing in the Hashemite Kingdom of Jordan

ProgressSoft Corporation celebrated its Electronic Check Clearing Project launch in Jordan. The event which took place at the Four Seasons Hotel was under the patronage of His Excellency Dr. Umayya Toukan, The Governor of The Central Bank of Jordan. It was attended by executives from the Central Bank of Jordan, CEOs and GMs of all banks in Jordan, top notch business men, Hewlett Packard, local and international media.

ProgressSoft Corporation Celebrated its Electronic Check Clearing Project Launch in Jordan

ProgressSoft Corporation celebrated its Electronic Check Clearing projects launch in Jordan. The event which took place at the Four Seasons Hotel was under the patronage of His Excellency Dr. Umayya Toukan, The Governor of The Central Bank of Jordan. It was attended by executives from the Central Bank of Jordan, CEOs and GMs of all banks in Jordan, top notch business men, Hewlett Packard, local and international media.

Electronic Check Clearing Partner for Hewlett Packard

"... On top of that infrastructure solution we are also trying to build business solutions; we do that a little bit differently than we do with infrastructure .... we do that by picking partners, and so when it was time for us to pick a partner - because we want to build an electronic check clearing solution -we began looking for that partner.

Central Bank of Jordan Signs with ProgressSoft the Electronic Check Clearing Contract

Today and on behalf of the banks, the Central Bank of Jordan signed the future of a new distinctive era of payment services and performance. The Jordanian Banking body will be entitled to superior upgrade to its current cheque clearing routine. This upgrade will leverage the level of services provided by the banks and expedite the clearing process to its extremes.

ProgressSoft Presents its Electronic Check Clearing Solution to Top Banks in USA

Amman, Jordan, December,2004 - ProgressSoft Corporation, a leader in the development of Imaging Solutions worldwide, introduces its Image-Based Electronic Check Clearing Solution PS-ECC as a live demo to top banks in USA; Federal Reserve, Clearing House of New York CHIPS, Bank of America, Bank of New York, JP Morgan Chase, HSBC,and Citibank.

ProgressSoft Left its Indelible Fingerprints in Sibos 2004

PS-ECC comprises a long list of benefits and advantages for banks, their clients and the country as a whole. By the time PS-ECC goes live account holders will have their cheques cashed rapidly enabling them to manage their funds more efficiently and banks will reduce costs and generate revenues. On a wider level, PS-ECC will help boost the national economy and raise the GDP according to international studies. 

ProgressSoft Pioneers Electronic Check Clearing

The Electronic Check Clearing House Organization (ECCHO), a Texas based organization, is committed to managing the value that can be realized by the banking industry in the transition from paper to electronic payments.

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