Company:ProgressSoft
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| Type | Private |
|---|---|
| Founded | 1989 |
| Founder | Michael Wakileh & Ali Fada |
| Headquarters | , Jordan |
Key people | Michael Wakileh (CEO), Ali Fada (CTO) |
| Products | Electronic Check Clearing, Mobile Payment & Clearing, ACH Direct Debit / Direct Credit, Real-Time Gross Settlement, Signature Verification and Recognition, Securities Trading Settlement |
| Website | www.progressoft.com |
ProgressSoft is a software development company for imaging technology and real-time payments solutions. ProgressSoft was founded in 1989 and is based in Jordan.
In 2001, the company developed a system to electronically process cheques for Qatar's central bank. This was the first system designed by a Jordanian company which requires no human intervention to process cheque clearing between banks on a nationwide level.
The application is currently running in Qatar, Jordan, UAE, Bahrain, Sudan, Nepal, Oman, Kuwait and Seychelles.
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