Icon In The News

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...

Categories Press Release

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...

Categories Press Release

New Research Reveals the ‘Payment Processing as a Business’ Opportunity for Banks

Date: 10th October 2022

Survey of leading banks identifies approaches to move account-based payments from cost-centre to revenue stream 10 October 2022 – Independent research conducted by Celent on behalf of Icon Solutions has revealed that, in response to commercial pressures and changing scheme and regulatory requirements, payments processing is transforming from a commodity to a business, creating compelling new ...

Major Swiss Bank Selects Icon’s IPF Platform for Payments Transformation

Date: 23rd May 2022

Icon Solutions has announced that its payments platform solution – IPF – has been selected by a major Swiss bank as the core of its payments transformation programme that includes instant schemes, traditional ACH and cross-border payments. Icon’s low-code, cloud-native, open-source IPF platform is used by leading global banks to deliver more value and unlock new revenues, while lowering c...

Icon Solutions wins ‘Best Payment Hub’ and ‘Most Effective DevOps Execution’ at the IBSi Innovation Awards

Date: 26th January 2022

Icon Solutions, a leading specialist provider of services and technology solutions to the world’s leading financial institutions, has been awarded two top titles at the IBSi Global FinTech Innovation Awards 2021. The company has been recognised as the ‘Best Payment Hub/Wholesale Payments Implementation’ and  ‘Most Effective DevOps Execution,’ reconfirming its prestige in the sector. ...

New Research Shows Leading Global Banks Expect Request to Pay to Challenge Direct Debits and Payment Cards

Date: 18th January 2022

18 January 2022 – A survey of leading global banks by Icon Solutions has revealed that Request to Pay is widely expected to challenge established payment methods, with 87% of respondents viewing it as a good alternative to direct debits and 71% expecting it will reduce merchant’s dependency on payment cards. Yet 67% also identify bank readiness as the main barrier impacting adoption of Request...

Categories Request to Pay