ProgressSoft

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ProgressSoft is a software development company based in Jordan. It was founded in 1989.

In 2002, the company developed a system to electronically process cheques for Qatar's central bank. This was the world's first such system designed by a Jordanian company to require no human intervention, and shortened the clearing time of cheques from four days to one.[1] [2]

[edit] References

  1. ^ Jumana Heresh. "Company develops cheque-clearing software to save time and money", The Jordan Times, 2002-03-26. Retrieved on May 18, 2006.
  2. ^ Matthew Southwell. "QCB targets real-time cheque clearance", ITP.net, 2002-11-11. Retrieved on May 18, 2006.