Company Information

Get to know ProgressSoft Corporation

Founded in 1989, ProgressSoft Corporation has established itself as a prominent fintech and software development company specializing in real-time payments and financial technologies. The company's mission is to deliver innovative, mission-critical solutions to central banks, commercial banks, and other financial service providers globally. Its history is marked by a series of pioneering achievements, including the introduction of the first electronic check clearing solution in the world. Today, ProgressSoft offers a comprehensive suite of products covering areas such as Central Bank Digital Currency (CBDC), mobile payments, automated clearing houses, real-time gross settlement, and corporate banking and cash management.

Industry

Technology Software DevelopmentPRIMARY
Financial Banking
Financial Other Service

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ProgressSoft Corporation

Jordan

Founded in

01 Jan 1989 (37 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.