Latest News

Electronic Check Clearing Goes Live in Oman with ProgressSoft's Image-Based Clearing Solution

January 29, 2009

The Central Bank of Oman (CBO) started today electronic clearing of checks across banks in the Sultanate of Oman with the live-run of the Electronic Image-based Check Clearing solution (PS-ECC), provided by ProgressSoft Corporation, the leading provider of real-time payments and imaging solutions for the financial sector.

ProgressSoft Announces its Platinum Sponsorship for MEFTEC 2009

January 02, 2009

ProgressSoft, the leading provider of real-time payments and imaging solutions, announced its participation in MEFTEC 2009, the banking and financial technology event that will take place in Manama, Bahrain from 10-11 Feb, 2009.

ProgressSoft and Panini, Towards an Enhanced Electronic Check Clearing with the New "Vision X" Check Scanners

October 05, 2008

Progressoft is a proven leader in proposing real-time payments and imaging innovations that are meticulously developed to actualize exceptional competencies, efficiencies, soaring performance and cost savings for banks and financial institutions.

ProgressSoft Turns Heads in Sibos 2008 - Vienna

September 15, 2008

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 Vienna - Austria from the 15^th till 19^th of September, 2008.

ProgressSoft Unveils Cutting-Edge ACH Solutions in Sibos 2008

July 01, 2008

For the 5^th year in a row, ProgressSoft announces it participation in Sibos 2008 - the world's premier financial services event - scheduled to take place in Vienna - Austria this year from 15 - 19 September, 2008

ProgressSoft Completes Phase 1 of the Electronic Check Clearing Project in the Central Bank of Oman

May 10, 2008

As six months have passed since signing the contract with the Central Bank of Oman to deploy a nation-wide electronic check clearing solution for the Sultanate, ProgressSoft proudly announces the completion of the first phase of this initiative.

ProgressSoft Wraps up a Remarkable Participation in MEFTEC 2008

March 06, 2008

ProgressSoft, the leading innovator of imaging solutions to the financial sector, concluded a successful participation in MEFTEC 2008, the Middle East's premier financial services event which took place in Bahrain from the 11-12 Feb, 2008. ProgressSoft excelled in turning heads of delegates while assuming a significant role in all of the event's functions.

ProgressSoft as Platinum Sponsor in MEFTEC 2008

February 11, 2008

ProgressSoft, the widely-renowned provider of financial solutions, commences today its participation in MEFTEC 2008, the banking and financial technology event is taking place in Manama

Qatar Central Bank Upgrades its Electronic Check Clearing System

January 27, 2008

Following the pioneering success of the Electronic Check Clearing System in the State of Qatar since 2001, ProgressSoft has now started running live the upgraded version of the solution which is based on JAVA instead of the old .NET technology. The upgrade involves the prompt clearing component (Prompt Settlement) currently deployed at the Clearing House of QCB.

Aramex Upgrades to PS-eDRS Version 2.0 from ProgressSoft

November 22, 2007

ProgressSoft, the leading innovator of imaging solutions, announced that their new version of the Electronic Delivery Run Sheet System, PS-eDRS 2.0, has been successfully running live as of Thursday, November 22, 2007 at Aramex, one of the world's leading providers of total transportation solutions.