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...
A Year In Review: Icon Solutions 2021 Wrap Up
Date: 5th January 2022
This time last year, as we wrapped up 2020, we had so many questions and wondered what 2021 would bring. With remote working, lockdowns and travel restrictions, we wondered when life would return to normal... if ever. As we reflect on 2021, still working remotely and more digital than ever, we'd like to revisit and recap on our key achievements and share what we got up to in 2021. To all our team...
New industry survey from Icon on demystifying Request to Pay
Date: 20th September 2021
Request to Pay is an emerging payments service that promises benefits for merchants, banks, acquirers, billers and end consumers. It is becoming an increasingly popular value-added service for payments, with adoption under discussion in many global markets. As banks start to consider and adopt Request to Pay, our industry survey will examine what falls within the scope of Request to Pay, what are...