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…

13 April 2021 – Icon Solutions, the specialist provider of world-class payment solutions and technology consultancy services for banks and other financial services organisations, has today announced the appointment of Simon Barrows…

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…

11th January 2021 –  Icon Solutions, the specialist provider of world-class payment solutions and consultancy services, has today announced the appointment of Alastair Brown to its Board of Directors. Alastair is the…

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…

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…

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…

29th October 2020 –  Icon Solutions, the specialist provider of world-class payment solutions and consultancy services, today announced a strategic investment from J.P. Morgan. Icon Solutions is a leading global provider of…

Icon Solutions was founded on the principles of fighting complexity, celebrating honesty and putting our customers first. 10 years on, these principles have helped establish our reputation as a provider of world…

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…

03 September 2020 – Icon Solutions, the specialist provider of payment solutions and consultancy services, has been selected by a Tier One Australian Bank to review and industrialise its payments transformation strategy….

‘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,…

London, 19th November 2019 – Icon Solutions, the leading provider of technology solutions and payments expertise, today revealed that only 9% of the world’s top tier banks are effectively monetising payments data….

The new report “The Payments Transformation Race: Criteria for Success” from Aite and Icon Solutions identified that banks that have a clear and robust payments transformation plan are more profitable than their…

In a recent podcast hosted by InstaPay at this year’s Sibos, Icon’s Aniruddha Maheshwari, Payments Consultant sits down with InstaPay Editor, Lauren Jones. In this podcast they discuss some of the payments…

Report reveals that slow payment transformation risks shrinking margins further London, 17th September 2019 – Icon Solutions, the leading provider of technology solutions and payments expertise, today launches a new report “The Payments…