Bank Sohar, one of Oman's leading banking networks, successfully performed the shifting of its Electronic Check Clearing (ECC) solution from the Central Bank of Oman's data center to its premises and commenced an online integration between its core banking system and the ECC solution, which is provided by ProgressSoft Corporation, the leading provider of innovative payment and imaging solutions. By that, Bank Sohar became the first bank in the Sultanate to operate the online integrated ECC system from its premises.

Following its ongoing pursuit of innovation, ProgressSoft launched today its latest advancement in the payments field; PS-mPay, the Mobile Payment Solution that allows customers to conduct money payment transactions using their hand-held mobiles and smart phones.

ProgressSoft, the leading provider of real-time payments and imaging solutions started running live its Automatic Signature Verification Solution, PS-ASV, in the Central Bank of Jordan (CBJ). While providing a sophisticated, automatic means of verifying signatures, this solution backbones ProgressSoft's Electronic Image-based Check Clearing Solution (PS-ECC), which has successfully electronified the check clearing process across the country since 2007.

ProgressSoft, the industry-leading provider of real-time payments and imaging solutions, concluded a fruitful participation in Sibos 2008, the world's premier financial services event which took place in Hong Kong from the 14^th till 18^th of September, 2009.