FedPayments forum guiding the US toward a faster, safer, more efficient payment system

Author: Gene Neyer
Date: 8th October 2018

Last week I attended the Federal Reserve’s inaugural FedPayments Improvement Community Forum in Chicago which had six Fed COOs participating and the Fed Governor, Lael Brainard, giving the opening keynote.  The purpose...

Categories Blog Payments

Open Banking – Learning from past successes

Author: Carl Bones
Date: 11th September 2018

  Open Banking is transforming the financial services market. There is no doubt about that. Financial services providers are quickly building the same types of ecosystems that we’ve become familiar with from...

Categories Banking Blog PSD2

Drawing the Line on Payment Messages

Author: Tom Hay
Date: 5th September 2018

I recently attended a meeting of the European Payments Council (EPC) Scheme Technical Forum, a group of payments professionals who carry out technical assessments of changes proposed to the SEPA schemes –...

Categories Blog

Benefits for beneficiaries: a defense of CoP

Author: Tom Hay
Date: 29th August 2018

In response to recent criticisms of CoP, Tom Hay argues that despite problems with implementation, the mechanism that underlies irrevocable Faster Payments is a real benefit to businesses. In a recent opinion piece,...

Creating customer value from new technologies

Author: Tom Hay
Date: 19th July 2018

  I recently had the pleasure of speaking at an event in Paris organised in partnership with DXC, one of Icon’s partner organisations. The audience included representatives of banks and corporates, and...

EBAday 2018 and avoiding the instant payments ‘cliché’

Author: Richard Dear
Date: 22nd June 2018

There was one overwhelming take away for me from EBAday in Munich. It was that the phrase “instant payments is the new normal” has become meaningless. The statement fails to capture the...