Global Scans · Financial Services · Weekly Summary

• [New] Extending the tax holiday to 20 years, followed by a concessional regime, considerably enhances India's attractiveness as a global financial hub and is expected to draw long term foreign capital and high value financial services. KPMG
• [New] By 2030, the FCA should remain an outcomes-based regulator - one that enables innovation, manages risks, and protects consumers as AI becomes more embedded across retail financial services. FCA
• [New] Financial services leads with $31.3 billion invested in AI and analytics in 2026, while healthcare analytics grows at 21.1% CAGR toward $167 billion by 2030. Integrate.io
• [New] In 2026 we expect to see financial services firms leaning in heavily to the power of AI-agents. Ashurst
• [New] Financial services is expected to remain the largest industry investor in AI through 2028, prioritizing explainable and secure systems. Insight Global
• [New] Apple Pay, Apple Card, and potential expansion into additional financial products could significantly expand Services revenue. Deep Research Global
• [New] JPMorgan, the financial services titan, is piloting quantum algorithms like QAOA (Quantum Approximate Optimization Algorithm) for portfolio optimization, with industry analysts estimating an estimated $2 trillion value creation opportunity by 2035 from quantum optimization across financial markets. Medium
• [New] McKinsey's Quantum Technology Monitor (2023) adds an industry-value framing: industries like automotive, chemicals, financial services, and life sciences could potentially gain $1.3 trillion in value by 2035. The CDO TIMES
• [New] The adoption of blockchain, tokenization, and stablecoin technology will unfold as a series of distinct waves across various financial services sectors, rather than a single, monolithic surge. Evotek JSC - Award-winning custom software development
• [New] The losses from GenAI fraud are expected to hit $40 billion by 2027 according to the Deloitte Center for Financial Services. JD Supra
• [New] While the hype around AI persists, 2026 is shaping up as the year agentic AI will create scaled transformation in financial services. Accenture Banking Blog
• [New] AI will be one of, if not the most, significant factor in shaping and re-shaping all sectors including financial services in the coming years. FinExtra
• [New] By 2026, over 89% of financial services organizations have adopted AI, with agentic AI agents expected to appear in 40% of enterprise applications - fundamentally reshaping how wealth managers, bankers, and insurers engage clients. VAntage Point
• [New] Blockchain-based products, platforms, and services worth hundreds of billions of dollars may be in use in the financial system, supply chains, healthcare, gaming, digital identity, and governance before 2030. Blockchain App Factory
• By 2027, Open Banking-enabled transactions are projected to reach hundreds of billions of dollars annually, fundamentally reshaping how financial services are delivered. FinExtra
• Within the next decade, quantum computing - particularly when combined with AI - could become a key competitive differentiator for financial institutions, providing faster insights, improved decision-making, and enhanced client services. FinExtra
• On the horizon, we expect continued investment in sectors that support the diversification agenda and will underpin the future economies of the GCC member states - notably artificial intelligence, renewable energy and financial services. JD Supra
• AI could add tens of billions of pounds to the financial and professional services sector by 2030, as well as transforming services for consumers. / UK FinExtra
• South Korea's Financial Services Commission will introduce a minimum core capital ratio for insurers from 2027 under the Korean Insurance Capital Standard, a move that will affect solvency metrics and capital planning for domestic carriers and regional groups with Korean operations. Insurance Business

Last updated: 09 February 2026