With advancing computing power and the availability of vast datasets, Artificial Intelligence (AI) has made remarkable progress over the past decade. Applications based on transformers, a type of neural network architecture optimised…

What is Verification of Payee? Verification of Payee (VoP) is a requirement for European Financial institutions introduced by European Instant Payment Regulation (Regulation (EU) 2024/886) to tackle rising fraud. Its primary purpose…

On Wednesday 5th February, Icon is hosting its annual payments conference in New York to explore the growth of instant payment adoption in North America. We will hear from U.S banks on…

Matthias Lossek, one of Icon’s solutions architects reflects on the payments transformation journey with IPF, and the wisdom of embracing change. When I started my career in the financial services industry, on…

Verification of Payee (VoP) is an additional mandatory layer of payments protection to avoid payments in error and to prevent fraud such as an Authorised Push Payment (APP). With the increased adoption…

While using the IPF tool kit to implement a payments solution for a tier 1 international banking group with a presence across the globe we were faced with the challenge of designing…

A number of our customers have recently been asking whether we support OpenTelemetry, the observability framework and toolkit. When the first member of the team who’s client-facing asked me – the go-to guy…

For banks, payments modernisation is no longer a nice-to-have that can be kept on the backburner – it is imperative to staying in business. The ability to adapt to changes in how…

Sibos 2024 opened its doors in Beijing this year, welcoming over 9,000 attendees from across the globe to explore the key trends and technologies shaping the future of financial services. Having sat…