In 2026, AI will continue to transform financial services, reshaping how consumers engage, how firms operate, and how competition unfolds. Despite trust concerns, generative AI (genAI) usage is rising fast — including in financial decisions — while AI agents and tools are streamlining operations and modernizing legacy systems. Vibe coding and modular architectures are powering a new wave of digital banking upstarts keen to disrupt the industry — though few of them will succeed. This report outlines our 2026 predictions for banking and investment to help leaders navigate the current uncertainty.