Finastra presents the future of digital payments at CIPOS 2025

Finastra, the leading global company in the field of software applications for financial services, showcased its pioneering achievements in modernizing payment systems, during its participation in the CIBUS Conference and Exhibition, which was held last week in Frankfurt, Germany.

The company participated in two discussion sessions that addressed the urgent need for banks to innovate and collaborate in light of the rapidly evolving financial landscape. The discussion centered around the rise of stable cryptocurrencies, the role of agentic AI, and how partnerships in this sector are shaping the future of payments.

Chris Walters, CEO of Finastra, spoke in a session titled “The Future of Payments: How Modernization and Artificial Intelligence Are Reshaping the Financial Sector,” stressing the need for banks to modernize to maintain their competitive edge, and highlighting the ways in which Finastra helps clients accelerate their journey of modernization and development.

For his part, Radha Suvarna, CEO of Payments Solutions at Finastra, participated in a panel discussion entitled “Innovation in Payments between Countries – Starting to Build the Future,” where he discussed ways that allow financial institutions to adapt to changing market requirements, highlighting the new smart routing unit from “Finastra” and its partnership with Circle in the field of stable cryptocurrencies, as two of the most important tools. Empowering aspects of choice and efficiency.

The most important ideas and information that emerged from the discussions included how banks are keen to innovate on a large scale to keep pace with current developments in the business, respond to new regulations and standards, and meet customer expectations, despite the challenges of aging infrastructure.

It was also noted that cloud computing, microservices, digitalization, artificial intelligence, and APIs are essential for efficiency, agility, and growth, and that organizations must adopt modernization at the speed and scale that suits their business needs.

It was emphasized that success depends on setting a clear direction of understanding business objectives and customer needs, with the importance of providing various options in payment systems, such as paying with stable currencies and using cross-border service providers.

The discussions stressed the need for banks to clearly define what they will build, buy, or establish partnerships for, as systems and competitive cooperation have become basic standards in this field, making cooperation essential.

It was also emphasized that compliance, continuous modernization processes, and the integration of artificial intelligence into solutions remain basic requirements that cannot be compromised, as artificial intelligence enables banks to extract greater value from software while improving customer experience.

By segmenting software into microservices and investing in co-innovation, Finastra reduces risk, accelerates the pace of modernization, and enables banks to lead in the next era of financial services.