This is the first in a series of blogs exploring the evolving landscape of digital currencies, their impact on the financial sector, and the implications for banks and other financial institutions. What…

The European Payments Initiative (EPI) was launched by 16 leading European banks and financial institutions with the goal of streamlining payments across Europe. EPI aims to create a unified payment system leveraging…

HM Treasury published its National Payments Vision (NPV) report on 14 November 2024, immediately after the Chancellor gave this year’s Mansion House Speech. The National Payments Vision work was kicked off exactly…

Currently, only 38 participants are directly connected to CHAPS (Clearing House Automated Payment System), with most connecting through indirect agreements. Many prospective participants choose not to pursue direct participation due to strict…

Driving the mainstream growth of Open Banking payments continues to be a key talking point for the UK government, regulators and wider banking industry. With more than 10% of the UK adult…

Last month, Icon brought together payments professionals from across Europe and the US for our 3rd IPF Day. Amid regulatory pressures, increasing competition and evolving business needs, the event served as an…

In 2024, Sibos is opening its doors in Beijing, marking the first time that China’s capital is hosting the event. Taking place 21-24 October, the event will bring together thousands of senior leaders…

In today’s turbulent economy, corporate treasurers are looking for banks that offer payment and treasury services that help them automate tedious AP and AR processes, optimise their liquidity management, reduce risks as…

The G20 roadmap seeks to enhance cross-border payments by tackling challenges around cost, speed, access, and transparency, prompting various industry initiatives. One such initiative is FMI interconnectivity, covered in the blog “Developments…