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…

  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…

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 –…

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,…

  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…

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…

‘Customers are willing to sacrifice security for engagement’, one speaker said to a full ballroom of payments professionals at the Global LEI (Legal Entity Identifier) Foundation (GLEIF) workshop in San Francisco. Customers…

I was recently preparing a presentation for an Instant Payments client of ours, and one of the boilerplate slides that I’ve been using for years shows “Instant Payments Around the Globe”. It…

  Welcome back! The past two posts in our series on building reactive systems have dealt with the topics of performance and fault-tolerance. In this post I’m going to talk about resilience,…