The UK is due to upgrade its instant payments platform by mid-2025. The New Payments Architecture (NPA) aims to deliver multiple benefits, including ease of access and enhanced data carrying capabilities. In…

It has been two years since the European Payments Council published the SEPA Instant Credit Transfer (SCT Inst) scheme and EBA Clearing launched RT1 – their infrastructure solution for the processing SCT…

  London, 22nd November 2018 – Icon Solutions, a leading provider of Payment Solutions, is now ready to help payment service providers connect to the European Central Bank’s Target Instant Payments Settlement (TIPS) service…

Germany is undergoing something of a fintech renaissance with startups like challenger bank Number 26 taking advantage of the culture of innovation fostered in cities like Berlin. This spirit of innovation is…

Webinar: The road to Instant Payments in Germany: Connectivity, Culture and Global Considerations Tuesday 3rd July 2018 2pm – 3pm CST Gene Neyer, Icon Solutions’ Chief Executive Officer, will be joining esteemed…

I was recently preparing a presentation for an Instant Payments client of ours, and one of the boilerplate slides that I’ve been using for years shows “Instant Payments Around the Globe”. It…

  En France, de nombreuses banques étudient actuellement l’évolution des systèmes de paiement en vue d’adopter les Instant Payments. Ceci est principalement dû à des facteurs tels que la réduction des coûts,…

  Icon Solutions, the specialist provider of European payment and technology solutions has confirmed its sponsorship of EBAday in Munich. Tom Kelleher, Icon’s Commercial Director has confirmed that Icon will be a key sponsor of EBAday…

  The recent InstaPay webinar “Transitioning to Instant Payments in Germany” provided some more TIPS (pun intended) for the introduction of SCT Inst.  Icon’s very own Gene Neyer took part along with…

In Germany, many of the smaller banks (for example Sparkasse banks) have opted to use payments as a service via a Technical Service Provider (TSP) in order to deliver Instant Payments.  This…

An important meeting took place this week in Budapest between the Hungarian National Bank (MNB), Giro, Nets and various financial institutions to discuss progress with the Hungarian instant payments project.  And the…

How can Banks in Germany prepare for Instant Payments whilst controlling costs and managing risks? And what can we learn from those who have already travelled the path to Instant Payments? In…

  As part of Icon’s continued efforts to support the adoption of Instant Payments across the Eurozone, we were invited to present our thoughts and expertise on Instant Payments to a wide…

  2017: The year of Instant Payments  Unless you’ve spent the last 365 days hiding under a rock, you’ll be fully aware that 2017 has been the year of Instant Payments. Regulators…

  London, 10th October 2017 –Icon Solutions, the leading provider of technology solutions and real time payments expertise, are delighted to announce their participation at Sibos, SWIFT’s annual global event for the…

After commissioning a ground-breaking whitepaper from Ovum, the market-leading research and consulting firm, Icon Solutions has now produced an infographic visually illustrating the results of the research. The research “Instant payments and…

  London, 5th October 2017 – Icon Solutions are delighted to announce the appointment of Tom Hay, Head of Payments, to the European Payments Council’s Scheme Technical Forum (ESTF). The Forum is…

London, 19th September 2017 – Icon Solutions, a leading provider of technology solutions and instant payments consultancy, has successfully completed EBA Clearing’s testing procedure for SCT Inst payments – proving full compliance with the…

From July 2019, customers of Hungarian banks will be able to make instant credit transfers of up to HUF 10 million and the beneficiaries would be able to use these funds within…

London, 4th August 2017 – Icon Solutions, a leading provider of technology solutions and instant payments consultancy, today announces the start of functional testing between the Instant Payments Framework (IPF) and RT1,…

A year ago, the European Retail Payments Board (ERPB) flagged that “In practice, PSD2 and the EBA RTS will not cover all aspects that are relevant for the development of an integrated…

Dublin, June 21st 2017 – Icon Solutions has completed connectivity testing between IPF and SIA’s high-speed and secure network infrastructure SIAnet, which provides access to EBA Clearing’s platform for instant payments. SIAnet…

London, 14 June, 2017 – Form3, the cloud based end-to-end secure standard for global payments processing, today announced a partnership with Icon Solutions, a payment and specialist technology provider. The deal extends…

SCT Inst – or SEPA Instant Credit Transfers – is set to completely change the way that payments are made across Europe. Under the current SEPA scheme, cross-border European payments are processed…

  Icon Solutions is delighted to be participating in the InstaPay webinar: Is Europe ready for SCT Inst? How ready are organisations for SCT Inst? Webinar: Wednesday 3rd May 2017 12pm BST/…

  PSD2 paves the way for a new way to pay online across Europe. Instead of using a card, consumers will soon be able to pay directly from their bank accounts. Similar…

The end of 2016 witnessed an excellent step by the Hungarian Central Bank (MNB) – the release of the ‘Operational model of the instant payment service in Hungary’. It is remarkable for…

  SEPA instant payments (SCT inst) is the first instant payment scheme to be inter-operable in a region as large as SEPA and is a response to European customer needs for faster…