The brief outlines eight trends shaping financial services: regulatory compliance, rising competition, legacy constraints, open banking, consumer control, social disruption, cybersecurity risks, and artificial intelligence. Global regulations like GDPR and PSD2 demand secure, consent-based data sharing, while fintech innovation increases competitive pressure. Legacy systems hinder agility, driving modernization toward open APIs and digital transformation. Consumers now expect privacy, seamless access, and omnichannel experiences. AI and ML enhance fraud prevention, risk modeling, and personalization, while zero trust and adaptive IAM mitigate growing cyber threats. Together, these shifts push financial institutions toward secure, customer-centric digital ecosystems.

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