ProgressSoft Wins MENA ICT Award for Leading Digital Transformation

ProgressSoft is pleased to announce that it has won the MENA ICT Award 2024 for Leading Successful Digital Transformation Initiatives, recognizing its innovative and impactful solutions that have contributed to digitizing Jordan’s financial sector.

The award honors ProgressSoft’s 35-year legacy of pioneering financial technologies and its significant contributions to modernizing Jordan’s payments landscape through a comprehensive suite of solutions, including its Corporate Banking Suite, Mobile Payments Platform, Intelligent Signature Recognition and Electronic Check Clearing.

Through the implementation of these solutions, ProgressSoft has significantly reduced manual processes and enhanced operational efficiency for various financial institutions across Jordan. Its Mobile Payments Platform, in specific, has been processing thousands of daily transactions and providing seamless payment services for both banked and unbanked individuals.

Furthermore, ProgressSoft’s Intelligent Signature Recognition solution has been instrumental in mitigating fraud and enhancing the accuracy of verification processes for leading financial entities. Meanwhile, its Electronic Check Clearing solution has transformed the check clearing process nationwide, reducing processing times from several days to just a few hours and improving the overall reliability of check transactions.

ProgressSoft is honored to be recognized for its role as a leader in financial technology and a catalyst for economic progress, and remains steadfast in its vision to lead digital transformation journeys in the MENA region and beyond.