- 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.