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…

From Delays to Innovation: Payments Canada’s Real-Time-Rail (RTR) is the country’s new real-time payment system, enabling account-to-account (A2A) money transfers 24/7 for low-value payments with immediate fund availability and irrevocability. This initiative…

24th November 2020 – Icon Solutions, the leading provider of technology solutions and real-time payments expertise, has been featured in Financial IT’s winter magazine ‘Innovations in FinTech‘ (page 28). Financial IT interviewed…

The first Faster Payments Barometer, conducted by the US Faster Payments Council in partnership with Glenbrook, received over 700 responses with broad coverage across industry stakeholder groups such as financial institutions, core…

Learn how Icon refreshed this Tier 1 Bank’s technology, providing robust documentation and a flexible foundation for ongoing change.

Discover how Icon Solutions implemented a Ring Fence Banking Solution for a major UK Bank in under four months, ensuring fast and effective delivery.

London, 4th October 2019 – Icon Solutions, the leading provider of technology solutions and payments expertise, is delighted to announce it will be exhibiting at this year’s AFP 2019 Show in Boston 20-23rd…

Icon Solutions, a leading Fintech provider of payment and technology solutions, has commissioned Aite, an independent research and advisory firm, to explore the payments transformation progress of global banks. The research provides…

Faster Payments have changed the world for the better and many corporates are already reaping the benefits. During our recent webinar we heard from industry experts in the US, Steve Ledford –…

Icon Solutions, a leading Fintech provider of payment and technology solutions, has commissioned Aite, an independent research and advisory firm, to explore the payments transformation progress of global banks. ‘Payment transformation’ is…

While payments transformation is high on the list of priorities for banks, there is a lack of information around strategic considerations, best practice and how to minimise risk to ensure success. In…

While Canada has been a leader in mobile and app-based banking technology, the same cannot be said for the speed of their implementation of Real Time Payments (RTP).  However, the last Payments…

Icon Solutions, a leading Fintech provider of payment and technology solutions, is delighted to announce that Gema Montoya, Head of Continental Europe, will speak at NACHA’s Alliance 2019 Spring Meeting in Madrid…

Thank you to all who completed our recent survey, developed in partnership with InstaPay.  As you’ll remember, the aim of the survey was to understand how far along banks are from adopting…

As part of a NACHA initiative, we are conducting a short survey to collect views from the banking community on the adoption of real-time payments and payments modernisation in North America. The results…

Discover the era of collaborative payments platform at NACHA Payments 2019! For the last 10 years banks have focused on consolidating payment infrastructures, but have ended up with multiple ‘hubs’, inefficient processes,…

Icon Solutions Executive Advisor, Gene Neyer, has been invited to keynote at the 2019 Payments Summit which will be taking place at the Hyatt Regency Phoenix between Monday 11th and Thursday 14th March. Gene…

Last week I attended a Women in Payments event entitled, ‘New Payments Architecture – What can we expect and how will we get there?’ The event was hosted by AmazonPay in London…

  London, 22nd November 2018 – Icon Solutions, a leading provider of Payment Solutions, is now ready to help payment service providers connect to the European Central Bank’s Target Instant Payments Settlement (TIPS) service…

  London – 13th November 2018 – Icon Solutions, the specialist provider of global payment technology solutions and consultancy services, was recently announced as a founding member of a newly launched organisation, the…

Germany is undergoing something of a fintech renaissance with startups like challenger bank Number 26 taking advantage of the culture of innovation fostered in cities like Berlin. This spirit of innovation is…

  I recently had the pleasure of speaking at an event in Paris organised in partnership with DXC, one of Icon’s partner organisations. The audience included representatives of banks and corporates, and…

Icon Solution’s Chief Strategy Officer Gene Neyer recently co-led a webinar discussion in conjunction with WingCash CEO Bradley Wilkes, about the newly proposed organization, the U.S. Faster Payments Council (FPC). Neyer and…

  A few years ago, the question “how fast is fast” was being debated across the globe, with many organizations feeling that faster was good enough and hoping to get away with…

  “Been there, done that, got the scars to prove it!” Experience is a great thing, but it’s sometimes painful to get it the hard way. It’s quicker, less expensive, and generally…

  The recent InstaPay webinar “Transitioning to Instant Payments in Germany” provided some more TIPS (pun intended) for the introduction of SCT Inst.  Icon’s very own Gene Neyer took part along with…

  London, 9th March 2018 – Icon Solutions, the leading provider of technology solutions and real-time payments expertise, today announced the appointment of Toine van Beusekom as Head of Payments Architecture. With…

I vantaggi di essere i primi ad adottare il sistema dei pagamenti istantanei Benché l’azienda EBA Clearing abbia lanciato i pagamenti istantanei dell’area unica dei pagamenti in euro (SEPA) a novembre 2017…

  While the conversations we have had with payments business leaders point to a willingness to participate in the Clearing House’s RTP scheme, many of them are struggling with the business case…

The benefits of being an early-adopter of Instant Payments Even though EBA Clearing launched SEPA Instant Payments in November 2017 via RT1, so far only a handful of banks (early-adopters) have decided…

  In a recent interview with PYMNTS, Darren Capehorn, Icon’s Director of Services, and Gene Neyer, Executive Advisor, discuss how payments are changing and how flexible technology can help banks adapt to…

  At the European Central Bank’s #TIPSapp event on Tuesday there was lots of focus on opportunity, both short-term and longer-term from the introduction of Instant Payments (IP). The day was to…

  As part of Icon’s continued efforts to support the adoption of Instant Payments across the Eurozone, we were invited to present our thoughts and expertise on Instant Payments to a wide…

  London, 10th January 2018 – Icon Solutions, the leading provider of technology solutions and real-time payments expertise, today announced the appointment of industry luminary Gene Neyer as Executive Advisor to the…

  2017: The year of Instant Payments  Unless you’ve spent the last 365 days hiding under a rock, you’ll be fully aware that 2017 has been the year of Instant Payments. Regulators…

  In the Canadian market, both consumers and banks have been early adopters when it comes to banking innovation, whether it is mobile, desktop or behind the scenes technology. Canadian consumers generally expect,…

  The Clearing House’s (TCH) central processing scheme in the US has recently started Real Time Payments (RTP) testing for the clearance and settlement of funds between banks. The event is significant…

  Ovum Report: Real-Time Payments Key Driver for $3.3 Billion Rise in Technology Spend by North American Commercial Banks 50 percent of U.S. and 40 percent of Canadian banks to increase investment…

  The latest stats from the European Payments Council (EPC), show there are over 400 German Payment Service Providers (PSPs) gearing up to go-live early next year with EBA Clearing’s new SCT…

There was much agreement at Retail Banking Europe (#RBE2017) in Amsterdam last week. Banks need to support the digital economy and are slowly reinventing themselves to become digital entities. Although different approaches…

  This week the Icon team was at Money 20/20 where we saw a lot of discussion around the new ways in which consumers are interacting with their money, modes of payments…

  At the recent Sibos 2017 conference in Toronto, one theme rang out loud and clear – it’s time to think about the corporate. The common thread throughout the four-day conference was…

  London, 12th October 2017 –Icon Solutions, the leading provider of technology solutions and real time payments expertise, are looking forward to attending the highly regarded Money20/20 in Las Vegas, which will…

  London, 10th October 2017 –Icon Solutions, the leading provider of technology solutions and real time payments expertise, are delighted to announce their participation at Sibos, SWIFT’s annual global event for the…

  London, 5th October 2017 – Icon Solutions are delighted to announce the appointment of Tom Hay, Head of Payments, to the European Payments Council’s Scheme Technical Forum (ESTF). The Forum is…

Author: Lauren Jones Date: 2nd October, 2017 Lauren Jones, Icon Solutions’ International Payments Ambassador, has created a profile on Central America’s regional payments scheme: Sistemas de Interconexíon de Pagos (SIP). This shares key facts and figures…

London, 19th September 2017 – Icon Solutions, a leading provider of technology solutions and instant payments consultancy, has successfully completed EBA Clearing’s testing procedure for SCT Inst payments – proving full compliance with the…

From July 2019, customers of Hungarian banks will be able to make instant credit transfers of up to HUF 10 million and the beneficiaries would be able to use these funds within…

  London, 5 September 2017, Icon Solutions, the independent IT payment specialist technology provider and consultancy, has today announced the appointment of a strategic senior hire in Canada. Jason Hayes, has joined Icon…

London, 4th August 2017 – Icon Solutions, a leading provider of technology solutions and instant payments consultancy, today announces the start of functional testing between the Instant Payments Framework (IPF) and RT1,…

Icon’s Director of Services, Darren Capehorn is scheduled to speak at Payments International on Thursday 14th September 2017. Darren will be presenting ‘Instant Payments – it’s not all about speed…or consumers’ and…

Any mention of payments and multiple schemes, and the gurus are quick to respond with an “industry leader payments hub” as your go-to solution. These hubs are ‘centralized payments platforms’ which provide…

The US has always been more business-friendly than the Old World, and New York is peppered with temples to industry built by 19th century tycoons such as John D. Rockefeller and J….

  London, July 13th 2017 – Icon Solutions, an independent award-winning payment and specialist technology company, has donated £62k during the last 12 months in charitable programmes around the world supporting health,…

We’re at something of an inflection point in the payments landscape. It’s pretty clear that the arrival of PSD2 and Instant Payments will significantly disrupt retail payments, and the media has been…

  In 2014 Europe started ramping up the rhetoric for building a pan European Instant Payments solution (now known as SCT-Inst). In response, various forums sprung up to enable interested parties to…

  It’s fair to say that Dublin in the June sunshine was out to impress the financial world attending the European Banking Association’s 12th annual congress. Dublin, founded by the Vikings during…

London, EBAday 2017,  Finextra     Finextra interviews Icon’s Richard Dear on the Ovum research “Instant Payments and the Post-PSD2 Landscape” as well as the challenges banks are facing when planning and implementing…

London, EBAday 2017,  Finextra     Finextra  interviews Icon’s Richard Dear regarding financial organisations seeking to move to instant payments. In this interview, Richard identifies some of the key challenges involved and…

A year ago, the European Retail Payments Board (ERPB) flagged that “In practice, PSD2 and the EBA RTS will not cover all aspects that are relevant for the development of an integrated…

While the industry continues its race against time to be PSD2-ready in January 2018, there still remains a number of unknowns and conflicting opinions on how the banking and payments landscape will…

Dublin, June 21st 2017 – Icon Solutions has completed connectivity testing between IPF and SIA’s high-speed and secure network infrastructure SIAnet, which provides access to EBA Clearing’s platform for instant payments. SIAnet…

London, 14 June, 2017 – Form3, the cloud based end-to-end secure standard for global payments processing, today announced a partnership with Icon Solutions, a payment and specialist technology provider. The deal extends…

  London, June 13th 2017, Icon Solutions, a leading provider of technology and instant payments solutions, has today announced its expansion into the Hungarian market by partnering with T-Systems Hungary to provide customers with…

The world is now immediate. We’re able to buy things online and have them delivered the same day (sometimes within an hour), our correspondence is sent and reacted to in seconds, and…

  With PSD2 around the corner and Instant Payments no longer a dot on the horizon, the crucial question is: are you ready? Icon Solutions will be partnering with Capgemini to host…

SCT Inst – or SEPA Instant Credit Transfers – is set to completely change the way that payments are made across Europe. Under the current SEPA scheme, cross-border European payments are processed…

  PSD2 brings a seismic shift in what it fundamentally means to be a bank. It’s no longer enough to be a trusted custodian of consumer transactions and the traditional bank position…

  London, 23 May 2017, Icon Solutions, the independent IT payment specialist technology provider and consultancy, has today announced the appointment of a strategic senior hire in the US.  James Methe, previously Capgemini’s Senior Director,…

  London, 15 May 2017,  Icon Solutions, the specialist provider of instant payments technology has been published in the April issue of Financial IT’s magazine.  This international publication is renowned for providing cutting edge FinTech…

 London, 09 May 2017, PYMNTS.COM Past Lessons May Prove Invaluable For US Real-Time Payments Rollout Real-time payments initiatives are under way all across the globe, but there is little consistency across jurisdictions…

  With real-time payments on the horizon for the US, NACHA’s Faster Payments 2017  was a key conference for payments professionals. But how close is real-time payments to becoming the norm there…

  Icon Solutions is delighted to be participating in the InstaPay webinar: Is Europe ready for SCT Inst? How ready are organisations for SCT Inst? Webinar: Wednesday 3rd May 2017 12pm BST/…

  What insights can the U.S. take from early real-time payments adopters?    Change is constant in the banking and payments industry – and organizations that can keep pace with this change…

  Real time means ‘now’, like boom – you have it, just like receiving a WhatsApp message. And if we think of what ‘now’ means for e-commerce, the first things that come…

London, 13 April 2017,  Ovum releases: On the Radar – Icon Solutions adds real-time capability to existing systems, which evaluates Icon’s Instant Payments Framework (IPF).This is the latest release in their series…

London, 12 April 2017,  Richard Dear is interviewed by Julie Muhn at Finovate on Icon’s Instant Payments Framework (IPF) that will help keep banks PSD2 compliant. IT payment consultancy Icon Solutions is tackling…

  Lauren Jones, ex Head of Standards at Payments UK, and now Icon’s International Payments Ambassador, reports from out in the field where she is actively testing different methods of payments and…

  Icon Solutions is delighted to be an exhibitor at NACHA’s prestigious Faster Payments 2017 event in Austin, Texas. Taking place in April, Faster Payments 2017 brings together those who are driving and…

  London, 27 March 2017, Tom Hay, Icon’s Head of Payments will speak at the forthcoming techUK event: PSD2 Authentication…the rumours, facts, challenges and solutions on 3rd April, London Last month, saw the release of PSD2…

  London, 23 March 2017 Icon Solutions, the specialist provider of European payment and technology solutions confirms sponsorship of EBAday, 2017 in Dublin Tom Kelleher, Icon’s Commercial Director has confirmed that Icon…

London, 6 March 2017,  Fintech Finance      Fintech Finance interview Richard Dear and Tom Hay at Finovate 2017,  on Icon’s Instant Payments Framework (IPF), a real-time payments orchestration engine, built from the ground…

The internet of things (IoT) is at the peak of the hype cycle, so it’s not surprising to find payment companies trying to jump aboard the gravy train. The problem is, consumers…

  London, 27 February 2017,   Payments Card & Mobile publish Tom Hay, Head of Payment and Mark Burlison, Senior Consultant at Icon Solutions blog on SEPA: Is the ECB stifling competition…

  At Finovate Europe, 2017, 71 Fintech companies got to present their latest and greatest products via a 7 minute live demo, in front of 1,500 people.  What makes this years’ Finovate…

  London, 8 February 2017,  Icon Solutions the specialist provider of instant payments technology, has today announced that it is partnering with Featurespace, the world’s leading supplier of Adaptive Behavioural Analytics technology. ARIC™, Featurespace’s advanced…

  London, 7 February 2017, Tom Hay, Icon’s Head of Payments will speak at the forthcoming webinar: Avoid the common pitfalls of instant payments installations in association with InstaPay.Today and Lipis Advisors on…

  London, 6 February 2017, Icon Solutions the specialist provider of instant payments technology, has today announced that it is partnering with Featurespace, the world’s leading supplier of Adaptive Behavioural Analytics technology….

  London, 17 January 2017. After a competitive application process, Icon Solutions have been selected to showcase their innovative response to the need for global Instant Payment solutions, Instant Payment Framework (IPF),…

The end of 2016 witnessed an excellent step by the Hungarian Central Bank (MNB) – the release of the ‘Operational model of the instant payment service in Hungary’. It is remarkable for…

  A recent survey conducted by InstaPay.today highlighted that key stakeholders within the instant payments industry overwhelmingly believe that it is consumer demand driving instant payments, and not new regulations. The survey was…

  SEPA instant payments (SCT inst) is the first instant payment scheme to be inter-operable in a region as large as SEPA and is a response to European customer needs for faster…

Icon Solutions was delighted to host its first Payments Breakfast roundtable in Amsterdam, in association with EBA and Finextra on Tuesday 22nd November 2016. The topic of this exclusive roundtable was ‘Instant payments –…

  We’re delighted to have been invited by the Hungarian Banking Association to present at their PSD2 Payments Workshop on Monday 12th December 2016 in Budapest, Hungary. At the event, we’ll be…

 Average five year cumulative costs for small and medium-sized banks as low as €500,000 By year five, maintenance fees can make up over 50% of total costs Modular, highly configurable systems remove…

While the world was waiting with bated breath and crossed fingers for the outcome of the American Presidential race and Election Night events being organised around the world, on other side of…

Icon Solutions has recently been announced as an Associate Member of the Euro Banking Association (EBA). The EBA is a practitioners’ body for banks and other service providers supporting a pan-European vision…

Following the recent publication of the European Banking Association (EBA) draft Regulatory Technical Standards (RTS), covering Secure Customer Authentication (SCA) and secure communication, Icon’s Tom Hay takes a closer look at ten…

Hear an Icon podcast with PaymentEye – Faster Payments 101 with Tom Hay, Head of Payments at Icon Solutions, discussing the real costs of implementing faster payment solutions and the dangers to…

Following on from the topic of fragmentation in Part 1, we have much to discuss. Techno-genies, the value chain and realism Rather than lamenting the lack of international interoperability, we should consider whether…

Fragmentation has become a very real challenge for the industry as instant payment schemes are being implemented on a country by country basis, and each country is doing it differently. Like the…

Tom Hay, heads up Icon’s payment team and has a wealth of experience in aiding financial institutions move to faster payments. With two decades of payments experience as Head of Architecture with…

The landscape of faster payments has been changing rapidly over the past 12 months, with more change to come. This article tries to capture some of the key debates that have been…

Mastercard’s planned acquisition of Vocalink has the potential to create a new payments powerhouse in Europe and beyond. The news of the planned acquisition broke a few days after the Payment Systems…

Seven major US banks – including JPMorgan Chase, Bank of America Corp, Wells Fargo & Co and Bancorp – are collaborating on a jointly owned system that will speed up and simplify…

Icon Solutions, the independent IT payment consultancy and specialist technology provider, today announced the worldwide launch of its Instant Payments Framework (IPF). IPF is an agile yet robust software product that expedites…

Icon Solutions, the independent IT payment consultancy and specialist technology provider, today announced the worldwide launch of its Instant Payments Framework (IPF). IPF is an agile yet robust software product that expedites…

Icon Solutions is gearing up to launch a technology framework that enables banks to connect to instant payment schemes. Read More

Icon Launches Instant Payments Framework To Facilitate Real Time Payments. Icon’s IPF solution offers financial institutions flexibility, lower cost of ownership and faster time to market. Icon Solutions, an independent IT payment…

The new framework – available worldwide – is set to open up access to real-time payments for banks. UK-based Icon Solutions, an IT payment consultancy and specialist technology provider, describes its Instant…

Tom Hay, Icon’s Head of Payments has been invited to speak at this year’s Money 20/20 Europe, 4-7 April in Copenhagen, the World’s Largest FinTech event. Tom will take to the stage…

Icon Solutions was delighted to host our first Payments Breakfast roundtable, in association with Finextra, this morning. The topic of this exclusive roundtable was ‘The new access model to Faster Payments: Will…