ProgressSoft Turns Heads at Sibos 2008

25 September 2008

ProgressSoft, the industry-leading provider of real-time payments and imaging solutions, concluded a fruitful participation in Sibos 2008, the world's premier financial services event which took place in Vienna - Austria from the 15th till 19th of September, 2008.

Attracting the industry’s leading figures and companies, Sibos has been attended by around 7,000 delegates and exhibitors. For the 4th year, ProgressSoft showcased its latest in payments and imaging technologies in Sibos and received notable attention for its all new PS-ACH solution, the real-time Direct Debit / Direct Credit solution.

Top notch executives from over 200 commercial banks and financial institutions and nearly 50 Central Banks from Europe, US and the Far East visited ProgressSoft’s booth where they witnessed technology-savvy presentations and live-demonstrations of the showcased solutions, including PS-ACH which aims to change the perception of the payments arena towards a fully electronic and automated settlement approach, as well as the PS-ECC Suite of Electronic Image-based Check Clearing solutions which have been experiencing four successful country-wide implementations.

The Automated Signature Verification and Recognition Solution, PS-ASV also garnered admiration of a substantial number of attendees from various types of institutions alongside the financial services firms, many of which; showed keen interest in potential partnership opportunities with ProgressSoft to deploy PS-ASV.

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