Global Scans · Financial Services · Weekly Summary

• [New] Financial services operate within a globally entangled infrastructure, and divergent quantum standards could fragment risk governance, increase compliance burdens and expose the UK to transboundary vulnerabilities. Cambridge Core
• [New] The US will call on its allies to sanction entities supporting Russia's military industry; Russian regional banks; prohibit services related to artificial intelligence and financial technology in Russian Special Economic Zones. Insurance Journal
• [New] The UK financial regulatory authorities issued a statement on sanctions and the cryptoasset sector, reiterating that all UK financial services firms, including the cryptoasset sector, are expected to play their part in ensuring that sanctions are complied with. Groupe d'etudes geopolitiques
• [New] The coming decade will likely witness further convergence between payment functionality and broader financial services, creating comprehensive ecosystems that manage all aspects of consumer and business financial lives through mobile interfaces. Market Business Insights
• [New] By 2030, fintech apps will likely replace many traditional financial services entirely. Respect My Region
• [New] With the right focus, the UK has an opportunity to lead in responsible AI adoption across financial services. FinExtra
• India's financial-services industry is on track to deliver one of its biggest earnings expansions yet, with profits projected to nearly double by the end of the decade. Economic Times
• Technology will democratise access to sophisticated financial services, once limited to the largest institutions, creating a more equitable and dynamic global financial landscape. Business Goa | Goa's Only Business Magazine
• The financial services company expects the UK economy to grow 1.5% in 2025 and 1.6% in 2026. City AM
• The European Union's Digital Operational Resilience Act and the UK's Cyber Resilience Bill are ushering in higher standards for third-party risk and digital continuity in financial services. Gizmodo
• The UK financial services sector has real strengths and huge potential to grow further, but to stay ahead, we need collective confidence and action. FCA
• At a time of heightened global volatility, APRA will continue to focus on ensuring banks, insurers and superannuation trustees have the financial and operational resilience to withstand a sudden shock and continue delivering vital financial services to their customers. Insurance Business
• The global investment in cybersecurity for financial services is anticipated to reach $60 billion by 2025. Valeriu Crudu
• Some fear the world is fast approaching temperature levels where professional risk managers will no longer be able to offer cover for financial services. CNBC
• The financial services industry itself could experience a slowdown in trading volumes and investment banking activities, impacting the revenues of major firms like Goldman Sachs and JPMorgan Chase & Co.. The Chronicle-Journal
• By 2030, the FCA wants to see an increase in firms using its tailored services, with a growth in financial services exports and better access to capital for businesses. Womble Bond Dickinson
• By 2025, early commercial applications will likely emerge in financial services, cryptography, and materials science-sectors where even modest quantum advantage delivers significant value. CTOL Digital Business and Technology News
• With a projected 10.7 million worker shortfall in financial and business services by 2030, attracting and retaining talent has never been more critical. / USA Insurance Blog | Accenture
• Financial Services: The adoption of cryptocurrencies and smart contracts is projected to save the banking industry approximately $20 billion by 2025, primarily through reduced transaction costs and increased operational efficiencies. Vasile Crudu
• The banking and financial services industry will allocate $10 billion to developing and implementing AI-driven banking solutions. CNBCTV18
• The future of AI in financial services for Nashville in 2025 is practical, targeted, and tightly regulated: expect AI to move from broad experiments to workflow-level solutions that speed lending and onboarding while regulators and privacy teams demand clear governance. Nucamp Bootcamp
• SBI Holdings is eyeing the launch of a Bitcoin and XRP dual ETF in Japan, pending regulatory adjustments expected from the Financial Services Agency's ongoing review. Crypto Briefing

Last updated: 15 September 2025