Jordan Kuwait Bank announced the successful activation of the CBPR+ payments platform on the Swift network, marking a key milestone in enhancing the bank’s payment infrastructure and aligning with the ISO 20022 global messaging standards. This achievement reflects the bank’s ongoing commitment to advancing its digital banking ecosystem and strengthening operational efficiency across its branches in Jordan and abroad.

The implementation will significantly enhance the accuracy and processing of financial transactions, improve customer experience, reduce operational errors, and ensure compliance with international best practices and regulatory requirements.

As part of Jordan Kuwait Bank’s strategic digital transformation roadmap, the activation of CBPR+ supports the bank’s full migration to ISO 20022 ahead of the 2025 mandate. The bank worked closely with ProgressSoft to ensure readiness across internal and external financial platforms, secure integration, and real-time compatibility with Swift standards.

Commenting on the achievement, Mr. Haethum Buttikhi, Group Chief Executive Officer of Jordan Kuwait Bank.  stated:

“This milestone reflects the bank’s ongoing commitment to developing its digital banking capabilities and delivering innovative services aligned with international financial standards. The implementation of CBPR+ enhances efficiency, improves operational accuracy, and ensures a seamless experience for our customers as we continue progressing toward full ISO 20022 compliance.”

Mr. Michael Wakileh, Chief Executive Officer of ProgressSoft, added:

“This achievement reflects the effective collaboration between both teams. Together, we have set a benchmark for how financial institutions can achieve ISO 20022 readiness across multiple jurisdictions while maintaining operational harmony and fostering shared innovation.”

The milestone reinforces Jordan Kuwait Bank’s position as a forward-thinking institution committed to innovation, modernization, and the delivery of seamless digital financial solutions. Through its long-term partnership with ProgressSoft, the bank continues to build resilient systems and future-ready infrastructure to support evolving banking standards.