Legacy core banking systems were built to store data. Not to share it. And that single design flaw is holding the entire industry back. In this interview from Stockholm Fintech Week, Paul Payne, Chief Technology Officer of SaaScada, explains why the future of financial product development depends on real-time access to data and why most banks are still flying blind. Sascarda is a cloud-native core banking system built event-driven from day one. As transactions flow through the system, data becomes instantly accessible, ready to feed AI models, analytics engines, and innovation pipelines in real time. No silos. No lock-in. No waiting. Paul breaks down the core problem: legacy systems treat data as something to protect, not something to activate. SaaScada flips that model, turning the core banking system from a constraint on innovation into a platform for it. From AI strategy and personalized financial products to real-time payments and stablecoin integration, the conversation covers where banking technology is heading — and why the banks that get there first will win. Recorded live at Stockholm Fintech Week, where AI, data, and the future of cross-border payments dominated the conversation.
Legacy Core Banking Is Broken. Here’s the Fix | Paul Payne, SaasCada | Stockholm Fintech Week




