At Icon Solutions, we spend a lot of time thinking about the ever-evolving payments landscape and the challenges it creates for its stakeholders. Banks struggle to make money processing payments and therefore…

The shift to a ‘marketplace’ model, rise of fintech companies and arrival of new players in the payments value chain have had a profound impact on market dynamics within the financial services…

In this blog, Atul Verma, Senior Payments Architect at Icon, outlines key considerations for building operational resiliency as banks accelerate their payments transformation programs.   Although IT resiliency has long-been a common…

When it comes to new ways to pay, consumers are making their preferences known. Overwhelmingly, today’s customers want fast, easy, and secure transactions and are increasingly willing to try new and emerging…

Central banks across the globe are exploring and testing Distributed Ledger Technology (DLT) to provision Central Bank Digital Currencies (CBDC). In this blog, Arjeh van Oijen, Head of Product Management, and Atul…

Request to Pay services – which allow payees to initiate requests for payments within a secure messaging channel – are creating opportunities for enhanced payment experiences. And a recent Icon survey of…

The concept of Request to Pay is simple. By enabling a secure messaging channel between biller and payer, it allows the biller to initiate a transaction and the payer to choose when…

Data-driven services have transformed the retail banking experience, and are now firmly on the agenda for corporate treasurers. A recent survey by Icon Solutions found that 79% of banks recognise expectations from corporate clients…

The more things change, the more they stay the same. Looking back at 2021 – which promised to be the year that the industry realised the full potential of data-driven transactions, instant…