ProgressSoft and AIB Launch Advanced Payments Hub Platform

Muscat, September 3, 2020
ProgressSoft and AIB Launch Advanced Payments Hub Platform

ProgressSoft and Alizz Islamic Bank are delighted to announce the successful go-live of ProgressSoft’s Payments Hub Platform in Oman, a leading-edge solution that augments client experiences.

In its nonstop efforts to always provide top tier services to its clients, Alizz Islamic Bank launched the modern platform to provide clients with advanced online tools for processing all payment types.

In addition, the advanced platform offers immediate notifications for payments initiation and processing as well as completion of all financial entries through advanced back-end integrations; providing accelerated, accurate and massively convenient corporate services.

Being in full compliance with The Central Bank of Oman’s regulations, requirements and vision, the solution also acts as a payments gateway between the bank’s omnichannels and the central bank’s Automated Clearing House (ACH), Real-Time Gross Settlement (RTGS) and Wage Protection systems. This is in addition to the upcoming RTGS, GCC RTGS and SWIFT Alliance.

ProgressSoft is thrilled to be rejoicing this record-time implementation with Alizz Islamic Bank and looks forward to additional successes in the future.