News from the Wire
Finastra shares insights on future of payments at Sibos 2025
Wednesday, October 08, 2025 — 16:38:44 (UTC)
Industry leaders highlight payments modernization and how banks should innovate and collaborate to meet future demands
Frankfurt, DE – October, 8, 2025 - Finastra, a global leader in financial services software, showcased its leadership in payments modernization at Sibos last week, hosting two panels that addressed the urgent need for banks to innovate and collaborate in a rapidly evolving financial landscape.
This year's event highlighted trends such as the rise of stablecoins, the importance of agentic AI, and the impact of industry partnerships on the evolution of payment systems. Finastra experts advised banks to modernize their payments stack by adopting microservices and composable modules, to increase their competitiveness, customer value, and ability to embrace new technologies such as AI.
Finastra CEO Chris Walters spoke on The Future of Payments: How Modernization and GenAI Are Reshaping the Industry, emphasizing why banks must modernize to stay competitive and how Finastra is helping customers accelerate their transformation journeys.
Radha Suvarna, CPO, Payments at Finastra, joined the panel Redefining Cross-Border Payments - Building the Future, Now, where he outlined how financial institutions can adapt to shifting market demands, highlighting Finastra’s new Intelligent Routing module and its stablecoin partnership with Circle as key enablers of choice and efficiency.
Key insights from the panels included:
Keep pace with change: Banks must innovate at scale to operate in real-time, respond to new regulations and standards, and meet customer expectations – despite the challenges of legacy infrastructure.
Embrace payments modernization: Cloud, microservices, digitization, AI and APIs are essential for efficiency, resilience, and growth. Institutions should modernize at the pace and scale that fits their business needs.
Know your north star: Success depends on mapping a clear “north star” - understanding business goals and customer needs. Optionality in payments, including access to stablecoins and multiple cross-border providers, is key.
Set clear goals for new solutions: Banks should clearly define what to build, buy or partner on. Ecosystems and co-opetition are now the industry standard, making collaboration essential.
Prioritize customer outcomes: Compliance, continuous upgrades, and embedding AI into solutions remain non-negotiable. AI enables banks to extract more value from software while enhancing customer experience.
Co-innovate with customers: By breaking down software into microservices and investing in co-innovation, Finastra is reducing risk, accelerating modernization and empowering banks to lead in the next era of financial services.
For further information please contact:
Sofia Romano
Head of PR, EMEA T +44 (0)7552 865009 E sofia.romano@finastra.com finastra.com
About Finastra
Finastra is a global leader in financial services software, trusted by 8,000+ customers - including 45 of the world’s top 50 banks - in over 130 countries. With expertise in Lending, Payments, Universal Banking and Treasury & Capital Markets, we deliver reliable, scalable, mission-critical solutions such as Loan IQ, LaserPro, Trade Innovation, Essence, Global PAYplus, Payments To Go, and Financial Messaging. Backed by Vista Equity Partners, we co-innovate with customers to build modern technology that helps financial institutions grow with confidence. Visit www.finastra.com or follow Finastra on LinkedIn.
Notice to readers: These are archived articles. Contact information, links and other details may be out of date. We regret any inconvenience.
Source: Company press release. 
Categories: Announcement
