Icon Solutions, the specialist provider of payment solutions and consultancy services, has been selected by a Tier One Australian Bank to review and industrialise its payments transformation strategy. Icon’s end-to-end payments advisory services will support this Australian bank in defining a future-focused IT roadmap to enable innovative new customer experiences, increase agility and resilience, and reduce costs.

In Australia, and across the globe, emerging technologies and evolving consumer expectations are driving significant changes in the financial services sector. Ensuring core payments infrastructure supports the 24/7 real time delivery of enriched products and services, while also maintaining compliance with regulatory frameworks, is fundamental to every business decision made by financial institutions.

“Transforming core architecture can be a daunting proposition,” says Tom Kelleher, Commercial Director at Icon Solutions. “Our partnership approach, combining IT and engineering expertise with deep payments knowledge, has enabled some of the largest banks in the world to identify and seize new market opportunities. It’s important to help financial institutions reduce costs and complexity but, fundamentally, this is about delivering more value to consumers. This is how banks will thrive in the future of payments.”

Icon Solutions has empowered Tier One banks to align payments’ IT strategy with business objectives for over 10 years. To learn more about how Icon Solutions can help to futureproof your payments architecture, and read case studies about successful payments projects around the world, visit iconsolutions.com.