HM Treasury published its National Payments Vision (NPV) report on 14 November 2024, immediately after the Chancellor gave this year’s Mansion House Speech. The National Payments Vision work was kicked off exactly…

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…

Our client, a Tier 1 UK bank, approached Icon for support with developing a payments and payment card strategy for its Commercial Banking division. Alongside upgrading its payments product strategies, the bank…

Instant payments, characterised by their speed and availability, are transforming the financial landscape across the globe. The Asia-Pacific (APAC) region in particular, has emerged as a leader in adopting and innovating in…

Icon’s consultants are recognised New Payments Architecture (NPA) experts and this case study details the work our team has done for a leading UK challenger bank. Specifically, we helped with the implementation…

The UK is due to upgrade its instant payments platform by mid-2025. The New Payments Architecture (NPA) aims to deliver multiple benefits, including ease of access and enhanced data carrying capabilities. In…

A sea-change is coming to UK payments. In 2016-17, the UK’s industry-wide Payments Strategy Forum created the New Payments Architecture (NPA) initiative. The initiative seeks to create a state-of-the-art, real-time payments infrastructure…