Checks have come a long way and continue to remain relevant in today’s modern world. But will paper-based checks maintain their significance, or will they be transformed by the power of digitalization? Join us as we explore the future trajectory of checks in the digital age.
The global payment landscape is rapidly evolving with ISO 20022 standards and CBPR+ guidelines, promising innovation but posing challenges, especially for financial institutions in emerging economies. But how do central banks factor into this equation? And what are the various ISO 20022 adoption approaches? Read the full article to find out!
The payment landscape is undergoing a profound transformation with the advent of the ISO 20022 migration, reshaping the banking sector. As central banks grapple with this monumental shift, they are exploring various strategies to adapt. But how did this transformation begin? And what is the ultimate solution for banks to adopt? Dive into our article to uncover the answers.
As the global landscape rapidly embraces automation and cutting-edge technologies, cloud-native infrastructure emerges as the optimal solution for organizations aiming to effortlessly scale and optimize their operations. But what are the barriers that cloud-native infrastructure has completely dismantled? Discover them by diving into this article!
The growing importance of instant payments signals a thrilling era for economies worldwide. But to truly nurture innovation in this dynamic field, regulatory intervention is crucial. Join ProgressSoft’s Business Consultant, Vinay Shetty, as he uncovers a realm of strategic economic progress and delves...
In 2022, a financial revolution unfolded, witnessing 200 billion instant payments across 60 nations. Now, from the stage of Sibos 2023 in Toronto
Electronic Bill Presentment and Payment solutions have gained worldwide recognition for their ability to thrive in different setups. However, to remain competitive in today’s evolving landscape, modernity is key. Here are the five essential traits your solution needs for lasting success.
Retail CBDC stands as a pivotal policy instrument with transformative potential, but the key to unlocking its power lies in widespread user adoption. In this paper, ProgressSoft’s CBDC Advisor turns to the rich insights of lean product development to evaluate user responses and design options, all in pursuit of widespread CBDC adoption and policy success.
What are the evolving roles of central banks in the digital era as they tackle cybersecurity threats, issue digital currencies, and promote innovation? Join ProgressSoft's Business Consultant, Mahmoud Kurdi, as he explores how central banks can harness technology to shape the future of financial landscapes.
ProgressSoft’s Business Consultant, Adrien Rigaudie, covers the challenges, promising initiatives, and CBDC models in cross-border payments for the design of a truly global and interconnected payment ecosystem. Read the full article as featured in Central Bank Payments News.
In the latest issue of Central Bank Payments News, ProgressSoft’s CBDC Advisor, Jeffrey Stewart, outlines why harmonization of data models, via international standardization efforts, is a necessary underpinning of effective interoperability.
In 2021, Bahrain’s implementation of nationwide electronic checks marked a world-first breakthrough in banking. Discover the tremendous efforts and integral decisions behind a tale of innovation and success for the industry.