Global Scans · Financial Services · Weekly Summary

• [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
• [New] 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: 18 May 2026