ProgressSoft Corporation, Sponsor of the 2nd Central Bank Payments Conference in Singapore

Singapore, June 25, 2018

ProgressSoft Corporation delegates are currently in Singapore to attend the second Central Bank Payments Conference 2018 which begins today and ends June 27.

The Central Bank Payments Conference (CBPC) 2018 is the annual gathering of central bankers and payment experts interested in discovering the latest technological advancements in the payments industry. The conference features a two-day program complete with several topics that will inspire interesting discussion about oversight, retail payment issues, instant payments, cross-border payments and the future of central banks.

Over 55 organizations from 27 countries are participating in the CBPC to discuss the challenges and opportunities central banks are facing and their dynamic role in the payment system and market infrastructure. Guests and delegates include governors, directors and managers from organizations including The World Bank, SWIFT and many banks, central banks and financial institutions from across the globe.

As the co-founder and sponsor of the CBPC 2018, ProgressSoft is showcasing its pioneering Total National Payments System (TNaPS) which consolidates payment, clearing and settlement systems all into one harmonized solution that finalizes payments instantly using Blockchain-based Central Bank Digital Currency or by settlement with e-money through the Real-Time Gross Settlement System.

ProgressSoft’s co-founder and Chief Technical Officer, Mr. Ali Fada, will deliver a lecture at the CBPC on the Central Bank Digital Currency implementation approaches June 27.