ProgressSoft Joins the Swift Partner Programme

Amman - October 8, 2024
ProgressSoft Joins the Swift Partner Programme

ProgressSoft is pleased to announce its membership in the Swift Partner Programme, unlocking powerful new opportunities for clients across the financial sector.

The new membership represents a breakthrough in ProgressSoft’s Payments Hub Platform, enabling seamless integration with Swift’s secure global financial messaging infrastructure. As a result, financial institutions using the platform will benefit from real-time connectivity to Swift’s ecosystem with complete Swift API capabilities and cloud integration, offering increased agility to adapt to changing market demands, enhanced operational cost efficiency, and future-proof features that help maintain a competitive edge in the market.

ProgressSoft’s Payments Hub Platform has been a Swift Compatible Platform for Payments since 2022. It adheres to MT and ISO 20022 usage guidelines and market best practices, while also fulfilling Cross-Border Payments and Reporting Plus (CBPR+) compliance, in addition to operating as a Swift Go enabler.

Through its collaboration with Swift, ProgressSoft is reaffirming its commitment to delivering world-class solutions that address the evolving needs of the financial industry. Its Payments Hub Platform will deliver even greater value to financial institutions by streamlining the execution and management of domestic and cross-border payments, and this improvement will foster greater transparency, mitigate compliance challenges and facilitate faster transaction speeds, all while reducing operational risks. Ultimately, it will better equip financial institutions to navigate the evolving landscape of financial technologies while bolstering efficiency, reliability and scalability in processing global transactions.

ProgressSoft is pleased to join the Swift Partner Programme and remains committed to delivering the highest standards of quality to its clients.