Fintech Magazine March 2026 | Page 14

of projected profits lost

STATISTICS

Source: McKinsey’ s Global Banking Annual Review 2025

US $ 170bn

of projected profits lost

if banks do not reposition themselves to adapt to AI, equivalent to 9 % of profits in the next decade

160

use cases of AI in 2025 from 50 of the world’ s largest banks

US $ 18bn

JPMorgan’ s annual budget allocation for technology

Source: Evident Insights, 2025