There are decades where it feels like nothing happens, and there are weeks where decades seem to happen. In just over 100 days, COVID-19 has swept around the planet, more than half…

In the U.S. and across the globe, financial institutions are wrestling with evolving consumer expectations, razor-thin margins and increased competition. Yet, significant opportunities are there for those who have built a foundation…

A recent webinar, hosted by Icon Solutions, convened a panel of industry experts to explore the progress of ISO 20022 in the US and across the world, and what this means for…

In October, the UK Treasury Committee published a report on IT Failures in the Financial Services Sector and in November, it launched an inquiry that will focus on “the common causes of operational incidents…

It has been two years since the European Payments Council published the SEPA Instant Credit Transfer (SCT Inst) scheme and EBA Clearing launched RT1 – their infrastructure solution for the processing SCT…

As traditional financial institutions compete with big tech and fintech players, gaining access to and extracting value from payments data has become paramount. In fact, the Economist recently described data as now the most…

There’s been a lot in the press recently about the benefits Machine Learning offers when it comes to fraud detection. However, there are limitations. In reality, most of the payments transactions made…

The first Faster Payments Barometer, conducted by the US Faster Payments Council in partnership with Glenbrook, received over 700 responses with broad coverage across industry stakeholder groups such as financial institutions, core…

At a recent webinar hosted by InstaPay on payments transformation, a question was posed to the speakers (from HSBC, Nordea and Icon Solutions); “Given the challenges involved in payments transformation and the…