Global Scans · Financial Services · Weekly Summary

• [New] As of early 2026, greater operational efficiency was the most widely expected benefit of AI in financial services among both industry respondents and regulators. Statista
• [New] Just four industries - namely, automotive, chemicals, financial services, and life sciences - stand to gain $1.3 trillion in value by 2035 from quantum computing. CNN
• [New] Volvo Financial Services, the captive finance arm of Sweden's Volvo Group, and India's Eicher Motors Limited will form a 50:50 joint venture to provide financing, leasing and related services to Volvo and Eicher commercial vehicle customers in India. Automotive World
• [New] With proven expertise in scaling operations and managing digital solutions, they could join a Canadian bank or startup hub, fostering innovation in AI-driven financial services. citus immigration
• [New] 60% of financial services organizations view cyber attacks and outages as their biggest operational risk, alongside the UK Government urging organizations to prepare to manage and operate during cyber disruption. Black Arrow Cyber Consulting
• [New] Spending on AI in financial services totalled $35 billion in 2023 and is projected to reach $97 billion by 2027. Uvik Software
• [New] 72% of financial services risk leaders surveyed by Accenture reported that complex, interconnected new risks are emerging faster than ever. Metricstream
• [New] GenAI fraud will reach $40 billion by 2027 in the United States, growing at a 32% compound annual rate (Deloitte Center for Financial Services). TrueScreen - Trust as a Service
• [New] 60% of financial services organizations now see cyber attacks or system outages as their biggest operational risk in 2026, far ahead of supply chain disruption or staff shortages at 10%. Black Arrow Cyber Consulting
• [New] In 2026, financial technology and regulatory technology have moved from the periphery of financial services into the strategic core of how money flows, how risk is managed, and how trust is maintained in an increasingly digital and fragmented world. businessreadr.com
• By 2026, the most successful executives will treat financial services as a quiet, invisible layer of trust. Gemba
• Within a decade, fintech will have grown from roughly 4% of financial services activity to potentially 8-10%. / UK TechBullion
• By 2026, the 7 trillion dollar global shift toward integrated financial services will render the traditional boundary between software and banking obsolete. Gemba
• By 2026, the distinction between software and financial services will have largely evaporated. Gemba

Last updated: 25 May 2026