Industry Insights

Financial Services Projections

Over the next five years—2026 through 2031—the crucial issues facing U.S. banks, credit unions, lenders, insurers, and payment providers will be interconnected. Technology risks will increasingly affect credit, liquidity, compliance, and reputation risks with the most crucial issues expected to be:

1. Cybersecurity, fraud, and identity theft

2 Responsible adoptions of artificial intelligence

3 Interest-rate risk and earnings pressure

The central strategic challenge

The fundamental issue is whether an institution can modernize quickly enough while preserving trust, compliance, capital, and liquidity.

The strongest institutions will integrate these risks rather than manage them separately: