HBTF Goes Live with ProgressSoft’s Instant Payments System

ProgressSoft and the Housing Bank for Trade and Finance (HBTF) are delighted to announce the successful go-live of ProgressSoft’s Instant Payments System on February 6, 2021.

The advanced system, which was seamlessly integrated with the IPS central system at the Central Bank of Jordan, is now operational to provide HBTF clients with 24x7 real-time payments including person-to-person, person-to-business, business-to-business, governmental transactions and more, as well as immediate funds availability.

The go-live of ProgressSoft’s Instant Payments System follows another recent success story with HBTF, in which ProgressSoft’s Electronic Check Clearing and Post-Dated Checks solutions at the bank were successfully upgraded to the latest unified version.

ProgressSoft is delighted to be celebrating this success story with HBTF and looks forward to additional milestones in their longstanding partnership.