Finastra Takes Top Spot in 2025 Payments Software Ranking
London, June 16, 2025 – Finastra, a global leader in financial services software, has been awarded the top position in the IBS Intelligence (IBSi) Annual Sales League Table (SLT) for its payments solutions [1]. This achievement underscores Finastra’s commitment to delivering impactful and competitive solutions to banks and financial institutions.
IBSi Recognizes Finastra’s Payments Leadership
The IBSi Sales League Table is a well-respected benchmark in the banking technology sector, evaluating vendor performance for over two decades [1]. The 2025 results highlight Finastra’s dominance in the wholesale payments category, which includes payment hubs, real-time and high-value rails, and cross-border services.
Did You Know? The global payments market is projected to reach $3 trillion by 2026, driven by the increasing adoption of digital payment methods (Statista).
Executive Perspectives on the award
Barry Rodrigues, EVP, Payments Business Unit at Finastra, expressed his satisfaction with the recognition, stating that it “highlights our commitment to helping banks modernize and build greater resiliency and peace of mind in their payments solutions.”
Nikhil Gokhale, Head of Research Platforms at IBS Intelligence, congratulated Finastra on its performance, noting their leading positions in Wholesale Payment Systems and Regional Leader rankings in North America and europe. He further emphasized Finastra’s extensive market presence and ability to deliver innovative,scalable payment solutions.
Finastra’s Global Impact
Finastra’s software applications span lending, payments, treasury and capital markets, and universal banking. The company is trusted by approximately 8,100 financial institutions worldwide, including 45 of the world’s top 50 banks [1].
Pro Tip: Modernizing payment systems can significantly reduce transaction costs and improve processing times for financial institutions.
Regional and Global Leadership
In addition to its top ranking in Wholesale Payment Systems, Finastra was also recognized as a leading Regional leader in North America and europe, and a Domestic Leader in the US [1]. This underscores the company’s extensive market presence and influence across multiple regions.
| Category | Ranking |
|---|---|
| Wholesale Payment Systems | 1st |
| Regional Leader (North America) | Leading Position |
| Regional Leader (europe) | Leading Position |
| Domestic Leader (US) | Leading Position |
What are the key challenges financial institutions face in modernizing their payment systems? How can technology help overcome these challenges?
Evergreen Insights: the Evolution of Payment Systems
The payments landscape has dramatically evolved over the past few decades, driven by technological advancements and changing consumer expectations. From traditional paper-based systems to today’s real-time digital platforms, the industry has undergone a meaningful transformation. This evolution has been fueled by the need for faster, more secure, and more efficient payment methods.
The rise of fintech companies and the increasing adoption of mobile devices have further accelerated this trend. As a result, financial institutions are under pressure to modernize their infrastructure and offer innovative payment solutions to remain competitive. The focus is now on creating seamless and integrated payment experiences that meet the diverse needs of customers.
frequently Asked Questions About Payments Software
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