Like many international banks, our client—a leading Swiss bank—faced a fragmented payments landscape. Over the years, they had implemented multiple payment processing systems, each designed to handle different transaction types. With the approaching regulatory deadline of August 2024 to connect to SIC5 for the new Swiss Instant Payments scheme, the need for modernisation became more critical and Icon was chosen as a strategic partner to support this transformation, with IPF selected as the framework to deliver a modernised payment platform.
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