Compared to other sectors, the financial industry has been slow to move to the cloud – and with good reason. Regulatory compliance and data privacy issues alone make banks hesitant to give…

Icon Solutions was engaged by this bank to support their Debit Card Gateway replacement process and to assist them in developing their strategy for the wider Debit Card Platform Transformation programme.

Icon Solutions was engaged by this bank to provide expert review and validation of the bank’s target architecture and technical roadmap for Transaction Monitoring. This initiative was sponsored by the CIO for…

At a recent payments forum hosted by the Bank of Finland, ECB board member Fabio Panetta signalled commercial banks must make instant payments ‘cheap and easy to use’. While on the operational…

How many people have heard of Kathleen Booth or Margaret Hamilton? Chances are not many. But why not? These two women achieved two significant firsts. Kathleen invented the first assembly language and Margaret,…

In the fourth part of our series exploring the motivations, architecture and principles driving the development of IPF, Tom Beadman, Principal Engineer at Icon Solutions, discusses the benefits of using Domain-Specific Languages…

As competition in payments has increased, data has long been touted as the cure-all for incumbent banks. If banks could charge a transaction fee for every time they are told that ‘data…

Remaining competitive in payments is the key to future relevance and profitability for incumbent banks. But with incumbents now competing on multiple fronts against various players, how can they stay ahead of…

For several decades, incumbent banks have held a comfortable leadership position in payments. But the rapid growth of digital payments has signalled opportunity for new market entrants to attack this status quo….

In July 2020, a group of sixteen major European banks from five Euro countries announced the launch of the European Payments Initiative (EPI) with the aim of creating a unified payment solution…

Setting the scene In the third part of our series exploring the motivations, architecture and principles driving the development of IPF, Pat Altaie, Senior Consultant, discusses the benefits of using interoperable programming…

It has been said that prediction is very difficult, especially if it’s about the future. The unprecedented events of 2020 demonstrated quite how difficult it can be. The monumental uplifts in digital…

In the second part of our series exploring the motivations, architecture and principles driving the development of IPF, Sirin Sevinc, Senior Solution Architect, explains the roles CQRS and Event Sourcing play in…

Standardisation, regulation and technological innovation means payments are well on the way to becoming instant, invisible and free. This is good news for everybody. Well, not quite everybody. Banks are now faced…

Over the past 20+ years, I have been deeply involved in designing, building and delivering systems in a few different sectors across a multitude of technologies and methodologies, varying team sizes and…

As part of Icon Solutions’ thought leadership in the world of payments, our latest webinar, ‘Busting the Myths of Payments Transformation’, delved into the noise and misnomers in the payments transformation space and…

Discover how Icon Solutions helped this Belgian Bank to offer instant payments to their customers as well as drive its migration to public Cloud, using IPF.

‘Payments transformation’ has emerged as perhaps the single biggest opportunity for banks. But getting payments transformation right is no easy task. With only 9% of banks nearing completion in their transformation efforts,…

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…

Discover how Icon Solutions enabled BNP Paribas to meet their first challenge on the transformation journey through the fast track deployment of IPF for instant payments, and how the impact of our consultancy work has set…

Find out how Icon Solutions helped this leading UK financial institution to develop a target architecture to encompass the strategic elements of cloud-based platforms and containerization.