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HomeBankingAbu Dhabi Islamic Bank digitises cross-border services with ProgressSoft

Abu Dhabi Islamic Bank digitises cross-border services with ProgressSoft

Date:

  • Abu Dhabi Islamic Bank (ADIB) has partnered with Jordan-based financial solutions provider ProgressSoft to implement the PS-PayHub platform for cross-border payments.
  • The PS-PayHub platform facilitates digital-first payment corridors and allows ADIB customers to process transfers, accept, and send cross-border remittances.
  • It replaces the bank’s legacy systems and supports various payment methods, including account-to-account, deferred instant, and domestic payments.
  • The platform is also compatible with multiple payment networks, such as Swift Go, RTGS, AHC, Ripple, Visa, and Mastercard.
  • This integration aligns with ADIB’s focus on driving digital-first solutions across its operations.

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