ProgressSoft Concludes Exhibition at Sibos 2018 in Sydney, Australia

ProgressSoft Corporation has concluded its successful participation at the 40^th Sibos annual conference, which took place from October 22 – 25, 2018 in Sydney, Australia; a country known for its sophisticated financial services sector.

At Sibos 2018, some of the highest-ranked business executives from across the globe came together to share their insights and expert knowledge on mission-critical topics in the industry including recent developments that are driving the transformation of regional and national financial market infrastructures. This year’s theme was “Enabling the Digital Economy” and there were some significant insights into upcoming trends with over 300 hours of content by speakers from the financial services industry and tech and related fields.

ProgressSoft exhibited at the 4-day conference to display its all-encompassing Total National Payments System. The TNaPS consolidates payment, clearing and settlement solutions across payment channels into one system; providing interoperability, full data visibility and access across all payment channels.

“Networking with diligent industry experts eager to modernize payment systems has always been a vital element in our passion towards developing ultra-modern solutions,” noted Ms. Sireen Lozi, Marketing Associate at ProgressSoft, “we are very happy to be at the heart of the ever-evolving financial industry; the powerhouse paving the way for an era of interoperability and promptness. We feel like superheroes, changing the way people live their lives on a nationwide scale.”

Other solutions on display include the leading-edge Mobile Payment Switching and Clearing solution (PS-mpClear), which promotes financial inclusion and provides the regulatory body with full management and control over the mobile payments’ environment. This is in addition to the world’s first ever Mobile Payment platform (PS-mPay) to offer a wide variety of payment services using both digital currency and e-money.

ProgressSoft’s team of experts also provided attendees with live demonstrations of our mobile powered Electronic Check Clearing solutions including Electronic Check Issuance (Prompt e-Check), which transforms the check into a fully electronic, end-to-end financial transaction; and, the Mobile Remote Deposit Capture of Checks (Prompt mRDC), which provides end-users with the convenience of depositing checks using their smartphones at anytime, anywhere.

ProgressSoft is delighted to have been a part of Sibos 2018 and looks forward to building and maintaining great business partnerships with all the industry experts whom we had the pleasure of connecting with in Sydney.We are also thrilled to announce our participation in Sibos 2019, which will take place in London, United Kingdom.