Global Scans · Financial Services · Weekly Summary

• [New] Open Banking could generate as much as £43bn in annual value for the UK economy as adoption expands across financial services. FinTech Global
• [New] By late 2026, global transaction values for financial services delivered via embedded platforms are expected to exceed $7 trillion, driven by the adoption of Banking-as-a-Service and Open Banking. National Today
• [New] In finance, AI-driven risk modeling, fraud detection, and algorithmic decision systems are reshaping the architecture of global financial services. Cio Visionaries
• [New] 2026 is set to be another big year for fintech and will be defined by the innovations and evolution of the broader financial services sector. FinExtra
• Quantum computing remains years away from widespread commercial use, but financial services firms face an immediate quantum security threat in 2026. Retail Banker International
• Financial services is projected to capture $19 billion in annual quantum-enabled value by 2030. Gray Group International
• By 2026, we predict robust vertical AI offerings tailored to healthcare, financial services, manufacturing, retail, and other sectors. Purus Consultants
• We expect the coming years to be exciting and critical ones for AI in financial services and commerce, and it's time to put the next generation of building blocks in place. Fintech Prime Time
• Nearly nine in 10 financial services CEOs surveyed expect growth across key performance measures in 2026. InvestmentNews
• Artificial intelligence is transforming how consumer credit is accessed, assessed, and managed across the Philippines, enabling faster decisions, better risk control, and more personalized financial services. openpr
• While AI is already widely used across financial services, both the FCA and NVIDIA highlight that rapid advances in generative and agentic AI could significantly reshape markets, competition and how consumers interact with retail financial services. REG Technologies
• Financial services will lead all industries in AI investment, representing more than 20% of the projected $632 billion in global AI spending by 2028, yet deployment rates remain stubbornly low. FinExtra
• In the banking and financial services space, companies such as JPMorgan Chase are exploring the use of AI agents to detect fraud, provide customized financial advice, and automate loan approvals and legal and compliance processes, which could reduce the need for junior bankers. MIT Sloan
• Some 60% of the 240 financial services CEOs that EY surveyed for its Quarterly CEO Outlook Survey said they think investing in AI will maintain or even increase their current head count in 2026. Business Insider
• In 2026, financial services organizations will shift from rapid experimentation to demanding measurable return of investment, with pressure mounting, a Massachusetts Institute of Technology study revealed 95% of enterprises currently see zero return on AI investments. Retail Banker International

Last updated: 23 March 2026