The Future of Payments

Transformation with BNP Paribas

BNP Paribas and Icon Solutions share insights on visionary payments transformation project

Toine van Beusekom, Icon’s Global Head of Payments presented alongside Frédéric Mahieu, Head of Payments IT, BNP Paribas on ‘The Future of Payments; transformation with tier 1 global bank’ at the Annual Payments Forum in London on 12th February 2019.

Together they explored the insights, benefits and lessons learned from rolling out Instant Payments across multiple countries and shared how new technology and an agile approach has empowered BNP Paribas to reduce deployment risk and enable fast track creation of new and enhanced services for today and the future!

The presentation included: 

  • Exploration into the challenges involved in moving to a real-time environment whilst adopting leading edge modern open source technology
  • An overview of the challenges and opportunities involved and how to achieve fast tracked deployment from transformation initiation to live
  • Sharing how new technology and an agile approach has empowered the bank to reduce deployment risk
  • Adopting new technology, moving at pace, changing of culture and skills

Toine van Beusekom, Head of Payments, Icon Solutions ­­­- “Instant payments is seen as the key driver for change within the financial services sector. It dramatically improves the speed, availability of data and can be implemented to significantly lower cost per transaction. Shifting to a real-time environment is a huge undertaking for any bank, especially a bank with the scale of BNP Paribas covering 32 million retail and 850,000 corporate customers. The Bank recognised that it needed a new approach and a new breed of payment platform to meets its objectives. IPF has helped BNPP to be flexible, implement with speed, operate with confidence and deliver improved TCO, all underpinned by the pairing deep payment expertise with cloud based, open source technology.”

BNP Paribas Case study

Find out how Icon helped this tier 1 global bank with technology and advisory services to drive the roll-out of instant payments in Europe and to support their digital transformation needs of the future.