Shifting geopolitical dynamics and the demands of the always-on digital economy have reshaped the European payments landscape – driving the need for instant, secure and accessible transactions across the bloc.  This transformation…

The systemic importance of high-value payments to banks’ operations and offering – and, by extension, the global economy – means they are almost always a key priority when exploring a new payments…

Customers want payments to be quick and reliable, knowing their money will reach its destination without issues. For banks and payments providers, this means ensuring payments are processed fast and offering backup…

Our client, NatWest embarked on a major overhaul of its payments infrastructure using the Icon Payments Framework (IPF) to accelerate its payments modernisation, as part of the banks strategy to become a…

In an effort to better stay in control of their costs and risks, Tier 1 banks have increasingly shifted over the past decade from buying software for payments processing to building their…

As a software engineer tasked with delivering a payments solution within a bank, you must balance strict non-functional requirements with the need to remain flexible for future changes. In this article, we’ll…

This month Icon hosted its annual payments conference in New York. The event provided a forum for our customers and other payments professionals to exchange ideas, share learnings and explore the commercial…

In response to rapidly changing payment requirements, more and more banks are migrating from big monoliths to a microservices approach for payments processing. By leveraging reusable functions related to the critical parts…

What is Verification of Payee? Verification of Payee (VoP) is a requirement for financial institutions in SEPA countries introduced by the EU’s Instant Payment Regulation (Regulation (EU) 2024/886) to tackle rising fraud….

On Wednesday 5th February, Icon is hosting its annual payments conference in New York to explore the growth of instant payment adoption in North America. We will hear from U.S banks on…

Matthias Lossek, one of Icon’s solutions architects reflects on the payments transformation journey with IPF, and the wisdom of embracing change. When I started my career in the financial services industry, on…

When embarking on a modernisation programme, banks are faced with a basic question: should we build the new capabilities in-house, or should we buy an off-the-shelf solution?

Verification of Payee (VoP) is an additional mandatory layer of payments protection to avoid payments in error and to prevent fraud such as an Authorised Push Payment (APP). With the increased adoption…

While using the IPF tool kit to implement a payments solution for a tier 1 international banking group with a presence across the globe we were faced with the challenge of designing…

For banks, payments modernisation is no longer a nice-to-have that can be kept on the backburner – it is imperative to staying in business. The ability to adapt to changes in how…

Sibos 2024 opened its doors in Beijing this year, welcoming over 9,000 attendees from across the globe to explore the key trends and technologies shaping the future of financial services. Having sat…

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…

To mark the publication of Icon’s 2024 Annual Report co-founders Darren Capehorn, Ben Hallifax and Tom Kelleher, explore the key company milestones that have positioned Icon for its next phase of global growth….

London, UK: Icon Solutions has published its 2023-24 Annual Report, demonstrating how new strategic partnerships, product and service innovations, and an ongoing commitment to its people and customers have provided a foundation…

London, UK: Icon Solutions today announces it has strengthened and expanded its strategic partnership with NatWest with the appointment of Ian Povey, CIO Payments Technology, and Lee McNabb, Head of Payments Strategy…

As banks look towards their priorities for the coming year, instant payments – particularly the new European Instant Payments Regulation (IPR) – loom large in the minds of many. A poll of…

Icon recently released IPF 2024.1, which included upgrading all of our components to Java 17 and required Java 17 as a minimum. I was the lead engineer on this piece of work,…

Matt Piper, Head of Pre-Sales at Icon Solutions, explains why flexibility is key when it comes to future-proofing payments but, to understand the steps that must be taken, there are fundamental questions…

Following NACHA’s annual Smart Faster Payments Conference in Miami, Arjeh van Oijen, Head of Product Management for Icon Solutions, explores the key trends shaping the rollout and adoption of real-time payments in…

London, UK: Icon Solutions today announces that it has developed and launched a new SIC5 scheme pack for its Icon Payments Framework (IPF) – the payments solution putting global banks in control…

In the run up to NACHA’s annual Smart Faster Payments Conference in Miami, Arjeh van Oijen, Head of Product Management for Icon Solutions, explains why real-time payments are top of the agenda…

In this blog, Jamie Packham, shares his own experiences deploying generative artificial intelligence (AI) models and explores the potential for AI to help accelerate banks’ migration to the ISO 20022 messaging standard….

It is critical for financial institutions to have an efficient Reconciliation and Investigation (R&I) capability to minimise financial risk by identifying potential payment errors, discrepancies, or irregularities promptly and fixing them early…

A recent independent survey conducted by Celent found that 73% of corporate banks have reported clear revenue benefits from investment in advanced data analytics. Looking ahead, analytics, intelligent automation, and artificial intelligence…

It’s a transformative time for the payments industry. The development of innovative payments methods and technology has changed marketplace dynamics, pushing new players into the spotlight and shifting the focus of payments…

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…

Icon Solutions has announced that its payments platform solution – IPF – has been selected by a major Swiss bank as the core of its payments transformation programme that includes instant schemes,…

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…

This is fifth part of our series exploring the motivations, architecture and principles driving the development of IPF. Volodymyr Prokopyuk, Senior Payments Architect at Icon Solutions, discusses the benefits of Language Orientated…

The number of banks identifying payments data monetisation as a key strategic priority has doubled in the past two years. The growth of real-time payments (RTP), ISO 20022 migration and open banking…

Icon recognised for outstanding contribution to charitable causes 12 July 2021 – Icon Solutions, the specialist provider of world-class payment solutions and technology consultancy services for banks and other financial services organisations,…

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.