Form3 selects Instant Payments Framework (IPF) for SEPA Instant Payments

14 June 2017

London, 14 June, 2017Form3, 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 Form3 Payments-as-a-Service platform beyond the UK real-time payments to include processing across Europe. This will allow clients to gain direct technical access to the Euro Banking Association (EBA) to initiate and receive real-time SEPA payments; when the new SEPA Inst scheme goes live in November 2017.

The rapid growth of real-time payments systems around the world provides huge potential for banks and fintechs to enhance their services. The partnership between Icon Solutions and Form3 will allow clients to make and receive Euro payments using the new SEPA Inst scheme  – cost-effectively, quickly and reliably via the cloud.

By deploying Icon Solutions’ Instant Payments Framework (IPF) in Form3’s native cloud based infrastructure, clients will benefit from the scalability and resilience of infrastructure running 24x7x365, to access SEPA Instant payments. This will be available from the first day that the scheme goes live, using the same modern API integrations already used by Form3 clients.

Mike Walters, Chief Product Officer at Form3, says: “At Form3 our clients are consistently asking us to help them take advantage of changes in the payments scheme domestically in the UK and internationally. It is essential to remove the need for clients to continually procure stand alone technology components from vendors every time this market evolves. Our partnership with Icon Solutions solves this problem for SEPA instant and shows our commitment to making sure that clients do not have to wait for long implementations or invest huge sums to bring real-time experiences to their customers, whatever their size or volume – all using state of the art cloud based technology”.

Darren Capehorn, Director of Services, at Icon Solutions, said:We are delighted to be working with Form3. Icon Solutions’ Instant Payments Framework (IPF) fully supports SEPA Instant. Working with Form3 enables our clients to benefit from high standard cloud technology to efficiently and quickly gain access to SEPA Instant, connecting to real-time payments in Europe for the first time.

About Form3

Form3 is a fresh approach to payment technology and servicing in the cloud. Form3 provides complete end-to-end Payments-as-a-Service for financial institutions and regulated financial technology firms. Reliable and secure cloud-based access to FPS, BACS, CHAPS, SEPA & SWIFT payment schemes and bank partnerships. The service is robust and reliable, trusted by the worlds leading financial institutions. Form3 streamlines and simplifies the operation and cost of payments processing, delivering value back to the business. Form3’s API is a single point of simple access to the full universe of payment schemes. Future-proofed at the point of delivery for complete peace of mind, the result is a straight-forward, easy to use and hassle-free Payments-as-a-Service. Visit

About  Icon Solutions

Icon Solutions is an independent award winning payment and specialist technology provider serving global financial institutions. From IT strategy, architecture and design, to project delivery and software development, Icon enables institutions to rapidly capitalise on the latest innovative technology and market drivers to reduce costs, boost revenues, and ensure compliance with regulatory and industry standards.

The critical value Icon offers its clients, is the combination of deep subject matter expertise in instant payments, a proven track record in delivering bank critical systems, and a FinTech approach to the use of technology. This is evidenced by longstanding client relationships with some of the most important global financial institutions.