ProgressSoft to Launch its Payments Hub in Numerous Banks in the GCC Region

ProgressSoft Corporation is delighted to announce the signing of several agreements with numerous banks in the GCC region to implement its state-of-the-art Payments Hub platform, PS-PayHub.

The newly launched platform is an advanced, full-fledged solution that handles all payment types and consolidates payment modules to act as a single orchestrator for transaction management, facilitating banks’ digital transformation journeys and digitization initiatives.

Banks in the GCC implementing PS-PayHub will be provided with massive capabilities to eliminate time consuming and costly assignments of updating core banking systems as well as have an ideal time to market in a fast-paced digital era. The solution will also seamlessly integrate with the banks’ omni-channels and ecosystems as well as core banking systems, treasury and Foreign Exchange (FX) tickers, anti-money laundering, combating the financing of terrorism and sanctioned list screening systems.

ProgressSoft is always thrilled to be taking part in the digital initiatives of banks in the GCC region and looks forward to celebrating the successful live runs of its PS-PayHub.

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