The Icon Payments Framework (IPF) Achieves AWS Qualified Software Status to Empower Cloud-Native Payments Transformation
Date: 23rd November 2023
Icon Solutions today announces that its Icon Payments Framework (IPF) – a low-code, cloud-native, open source-based technology framework used by leading banks globally – has been awarded ‘Qualified Software’ status by Amazon Web Services (AWS). Icon has also become a member of the Amazon Partner Network. IPF simplifies payments transformation by allowing banks to develop their own payme...
Research Reveals Software Development Limitations Cost Banks 5% a Year in Lost Payment Revenues
Date: 18th September 2023
Banks are increasingly turning to ‘low code’ for payments processing to take control of their transformation journey. Independent research conducted by Celent on behalf of Icon Solutions estimates that software developer capacity constraints have impacted banks’ payment revenues by 5% over the past two years. This is leading to increasing interest in ‘low-code’ tools and platforms to ...
Icon Solutions Expands Scope In North America: Icon Payments Framework (IPF) is FedNow-Ready
Date: 11th September 2023
Proven payments solution is helping banks balance scheme compliance and ISO 20022 migration with strategic innovation and cost-cutting priorities Icon Solutions, a specialist provider of solutions that accelerate payments transformation, has developed and launched a FedNow scheme pack for its Icon Payments Framework (IPF). U.S. banks can now connect to the FedNow Service in record time to provide...
NatWest selects Icon for Payments Modernisation
Date: 5th September 2023
NatWest has selected Icon Payments Framework (IPF) to accelerate the bank’s payments modernisation as it continues to align with the new global ISO 20022 payment data message standards. The partnership allows NatWest to initially leverage a Single Euro Payments Area (SEPA) processing engine along with ready-made scheme packs including the recently mandated SEPA Instant capability, in addition...
Virtusa and Icon Solutions forge strategic partnership to drive global payments transformation
Date: 15th June 2023
Virtusa Corporation, a global provider of digital strategy, digital engineering, and information technology (IT) services and solutions, today announced a strategic partnership with Icon Solutions, a leading specialist provider of solutions and technology services that simplify payments transformation. This collaboration brings together Virtusa’s expertise and Icon Solutions’ proven payments s...
Icon Solutions appoints new Chief Technology Officer
Date: 9th May 2023
Icon Solutions, a leading specialist provider of solutions and technology services that simplify payments transformation, including IPF (Icon Payments Framework), has today announced the appointment of Donal Fleming as Chief Technology Officer (CTO). Donal brings over 25 years of banking and financial services experience. More recently, this has included CTO roles at fintech firm Credit Benchm...