jordan pulse -

Jordan Kuwait Bank completes full activation of ProgressSoft’s payments platform across Jordan and Cyprus branches, adopting ISO 20022 and CBPR+. The upgrade enhances digital infrastructure, improves accuracy and speed of cross-border transactions, reduces operational errors, and ensures compliance with international banking and regulatory standards.

The CBPR+ rollout begins early 2025 with internal-system upgrades and Swift integration, enabling smoother, more precise management of international payments. The unified launch across both jurisdictions provides consistent governance and technology while maintaining operational independence for each entity.

Group CEO Haitham Al-Batayneh says the achievement reflects the bank’s commitment to advanced digital banking and global standards. ProgressSoft CEO Michel Wakileh describes the project as a model for enabling ISO 20022 readiness across multiple countries.

Jordan Kuwait Bank continues its digital-transformation roadmap, expanding innovative services and strengthening its regional leadership in modern financial systems. The milestone also highlights ProgressSoft’s scalable platform supporting multi-jurisdiction financial institutions.