On 30th July, the Bank of England (BoE) published a new discussion paper outlining its approach to innovation in money and payments. The BoE’s goals are to maintain stability, trust and confidence…

For this bank Icon delivered a target Payments Reference Architecture that met the client’s strategic objectives in terms of resilience, performance, simplification and agility. Icon’s consultants worked within a closely integrated team,…

This case study is about Icon helping a Tier 1 UK bank onboard a Payment Service Provider to expand the number of currencies available for customers to make international payments. We provided…

With 2023 emerging as the year of choice for banks when it comes to adopting new strategies and technologies to take control of their payments processing capabilities, many now find themselves at…

Just over a year ago, my colleagues and I offered a few predictions about developments and trends in global payments and banking, intended to help financial institutions shape their strategy for the…

It has been two years since the European Payments Council published the SEPA Instant Credit Transfer (SCT Inst) scheme and EBA Clearing launched RT1 – their infrastructure solution for the processing SCT…

Can Distributed Ledger Technologies (DLT) be the basis for a revolution in cross-border payments?  Cross-border payments and the correspondent banking model have not kept pace with advances in domestic payments such as…