Global Top 10 Bank to Deploy IPF

2018 sees the introduction of IPF for a major European Bank that wants to offer its customers seamless and efficient instant payments.

A world class FI has appointed Icon Solutions to implement IPF after an extensive search for the best real-time product and partner. The bank, which ranks in the top 10 global financial institutions, required a payments solution that integrates domestic and international instant payments schemes across its extensive mobile and on-line channels. The bank’s investment in IPF enables a range of innovative new products and services to its sizable customer base.

Client requirements included:

• A partner who shared an exciting global vision for the future of financial services
• The real-time facility to transfer funds between bank accounts
• A seamless collaboration with the client’s talented delivery team.

Built using the latest open source components, IPF reduces delivery costs and boosts ROI via its extensive library of pre-built microservices. IPF is a dedicated real-time solution, that enables banks to concentrate on revenue generation from innovative new services, rather than the complexities of large integration and delivery.

Icon’s experienced team of payment experts recently also announced the certification of IPF with EBA Clearing’s RT1 system, SIAnet and TCH, ahead of others in the sector.