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…

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…

The G20 roadmap seeks to enhance cross-border payments by tackling challenges around cost, speed, access, and transparency, prompting various industry initiatives. One such initiative is FMI interconnectivity, covered in the blog “Developments…

Our client’s legacy payments platform was not able to support the ISO 20022 data format, and with the impending Cross-Border Payments and Reporting Plus (CBPR+) transition to ISO 20022, they needed a…

In 2020, the G20 launched its Roadmap for Enhancing Cross-Border Payments focussing on goals around speed, transparency, cost and access. Progress on this roadmap is leading to change across the cross-border payments…

As the EU Instant Payments Regulation (IPR) implementation deadlines loom (January 2025 for receiving and October 2025 for sending instant payments), Payment Service Providers (PSPs) are scrambling to get their instant payment…

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…

Over recent years, starting with the SEPA scheme, and now with SWIFT and CHAPS, there has been a convergence onto the ISO 20022 standard messaging format. As payment messages in ISO 20022…

Our client, a Tier 1 UK bank needed to migrate its FATCA and CRS applications to Google Cloud Platform. Icon Solutions was selected to assess the current state of their technology platform…

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….

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…

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’s expertise was needed when a Tier 1 global bank wanted to introduce an automated self-service customer journey for account closures. We did not only bring our strong architecture capabilities and banking…

This case study is about Icon providing a Tier 1 UK bank with expert solution and data architecture capabilities to augment the bank’s own teams across three areas: 1 Payments – Creating…

This case study is about a South Africa-headquartered pan-Africa bank that engaged Icon to determine the bank’s overall capability to deliver their target architecture and make prioritised recommendations for transforming the bank’s…

This Tier 1 bank was looking for a payments infrastructure that would allow them greater flexibility, speed and innovation. The bank recognised Icon’s proven track record in delivering payments transformation strategies for…

When a Tier 1 UK bank was facing numerous challenges with its core banking system, typical to monolithic and legacy platforms, the bank turned to Icon. This case study describes how we…

This case study demonstrates Icon’s expertise and understanding of how enterprise architecture supports effective transformation and that it must encompass people, processes and technology. It’s about work we recently did for a…

This Tier 1 UK bank was keen to benefit from a more efficient use of its fraud and financial crime technology and data, while decreasing operating costs. Read about Icon’s work to…

When this Tier 1 UK bank was facing a strict industry timeline for compliance with ISO20022 messaging standards, Icon helped the bank in a number of ways. One was that we proposed…

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…

This case study describes Icon’s work for a specialist provider of premium finance solutions to the insurance industry. The business wanted to transform its operations and technology estate because the existing Core…

This is a case study about Icon’s work for a Tier 1 bank which was looking to derive greater business value from its Customer Due Diligence (CDD) solution. The legacy CDD solution…

This Tier 1 UK bank lacked comprehensive and real-time visibility into customers’ needs and transactions and therefore couldn’t provide on-time responses. Additionally, the bank was planning to provide more of-the-moment insights to…

This Tier 1 UK bank needed to accelerate change to its payments platforms to be more competitive and deliver value sooner. Read what Icon Solutions did to help the bank transition to…

Icon Solutions was engaged by the bank to assist them with evolving their current payments technology estate. The bank needed to enhance and refine their current payments technology estate in order to…

Icon Solutions was engaged by the bank to propose an enhanced payments proposition for small and medium business customers and to recommend the best technical approach for deployment. The project was co-sponsored…

The bank’s reaction to major changes in the global Payments industry was a new Payments Platform Reference Architecture. Icon Solutions was asked to assess both current and target states, and overall delivery…

Our client is a Tier 1 bank with £750+ billion of assets and 19 million customers across UK and Ireland. Icon had proven experience at the bank from previous engagements, and were…

Our client wanted their in-house payments platform to be used for processing all types of payments and needed to migrate legacy systems to the platform. As part of this programme, they needed…

Our client, a major Swiss bank operating in a number of countries across the globe, selected Icon Solutions to assist them on their payments transformation journey and chose Icon’s payments platform, IPF,…

Our client needed to transform their current payments architecture to ensure scalability and resilience, moving to an event-driven architecture approach. Faced with this significant strategic challenge, the bank needed a trusted third…

Icon Solutions was engaged by the wholesale banking division, co-sponsored by the Global CIO and the Chief Architect for Payments, Liquidity and Cash Management. In commissioning Icon, the Wholesale division’s business and…

Find out how Icon helped a leading UK financial institution with a savings and mortgage customer base of over 15 million facing challenges around the performance and resiliency of their payments systems.

Find out how Icon Solutions helped this leading UK financial institution to develop a target architecture to encompass the strategic elements of cloud-based platforms and containerization.

Learn how Icon established strong architectural leadership to replace the online & mobile banking applications for this global Tier 1 bank.