Are you ready for the UK's New Payments Architecture?

Icon is ideally positioned to work with banks to ensure readiness for the UK’s New Payments Architecture (NPA) programme, and to design and deliver enhanced real-time-payments projects for banks.

How NPA has come about

Arising from the UK’s industry-wide Payments Strategy Forum in 2016 and 2017, the NPA initiative will deliver a state-of-the-art real-time payments infrastructure, providing enhanced resilience and security, adopting the ISO 20022 standard for richer payments data, and enabling a wide range of new payments products (including at point-of-sale) for end-users.

The central NPA infrastructure is being built and will be operated by Pay.UK, the UK’s leading retail payments authority. On current timelines, design, build and testing will proceed throughout 2023-2025, with a likely implementation in Q1-2026 followed by a migration period.

How Banks Can Prepare for the New Payments Architecture Programme

How Icon can support you on NPA and ISO 20022

Icon has over 10 years’ experience in real-time payments systems and architecture. We work with our clients on:

  • designing a target architecture and roadmap for real-time payments, and interlocking with other programmes
  • assessing investment cost implications for NPA readiness across core systems and gateways, and product platforms and channels
  • planning the move to ISO 20022 data across payments systems end-to-end
  • designing new end-user payment products using the NPA capabilities leveraging our Payments Framework IPF

Would you like to find out how Icon can assist you on your New Payments Architecture journey?


Delivering value to small business customers

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.


New York, NY: Citi Treasury and Trade Solutions (TTS), within Citi’s Services organization, has made an investment in Icon Solutions, a leading fintech provider of payments technology and consultancy services. In addition to the investment, Citi plans to expand its use of the Icon Payments Framework (IPF) to enhance its micro-services orchestration architecture. This investment and relationship with Icon Solutions demonstrates Citi’s strategy of working with fintechs to strengthen its technology and payments capabilities.

Read more