Case Study
Creating a Platform that handles over 100 million Faster Payments per month
To support surging UK Faster Payments and adapt to complex regulatory changes like PSD2 and Ring Fenced Banking, a Tier 1 bank needed to replace aging payment infrastructure. Amidst major mergers and internal initiatives, the bank partnered with Icon Solutions for domain expertise and technical innovation. By deploying Icon’s advanced payments software and integration framework, the bank successfully migrated to a real-time processing platform. Icon’s technology streamlined complex migrations, provided the flexibility to effortlessly handle future regulatory mandates, and significantly enhanced operational resilience, empowering the institution to manage expanding transaction volumes seamlessly and efficiently.
