AI: The gap between headlines and reality

[GlobalData Banking & Payments]

HSBC, JPMorgan and Rathbones ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­  

Share with friend    View in browser DECODED Banking & Payments June 18, 2026 SPOTLIGHT READ Banking has learned to launch AI, but making it work is the real test Are banks really mastering AI? Teo Blidarus explains why the gap between AI headlines and reality is becoming a serious problem and what banks must do differently to bridge it. LATEST NEWS IN YOUR INDUSTRY HSBC signs AI deal with Google Cloud The arrangement is intended to speed up the use of AI-based working methods in its banking operations.   Europe’s antitrust chief urges EU to support cross-border bank mergers Ribera remarks came a day after Germany turned down Italian bank UniCredit’s offer for shares in Germany’s Commerzbank.   JPMorgan urges investors to ride equity wave through late 2026 – report Heavy investment linked to AI and steady consumer spending should help the expansion continue even with sticky inflation, the company said.   Investec merger hampered Rathbones’ consumer protection rules rollout Rathbones devoted too little attention to the July 2023 consumer rules because the merger took up staff and management resources.   Revolut expands in Middle East with UAE licences With the licensing process concluded, Revolut is now preparing its local product range for a wider launch.   Conio secures MiCAR licence in Italy to provide crypto-asset services Conio said the approval concludes a process designed to make its services available to a “broad and diverse audience”.   Broadridge and Fispoke partner to expand advisor lending tools The move brings together Broadridge’s securities-based lending system and Fispoke’s digital interface for advisers. Digital Sovereignty: Strategic Intelligence   Digital sovereignty is imperative for national security. With increased geopolitical fragmentation, fears are growing about excessive dependence on foreign technologies, most notably frontier AI models from the US or China. Access to this technology can be revoked without warning, prices raised abruptly, and the code may be unauditable or even contain malicious components. This report provides an overview of digital sovereignty and the key technologies required to achieve it.   Request a Sample Global Hiring Activity - Signals & Trends in Q1-2026 Discover what Q1-2026 hiring trends reveal about business priorities, strategy, and emerging opportunities. Using GlobalData’s Job Analytics platform, this webinar uncovers the signals hidden in recruitment patterns to help you anticipate future developments. Register Today Expand your subscription to other sectors   Subscribe to our other newsletters here. Was this email forwarded to you? Sign up here. Prefer a podcast? Instant Insights ranks in the top 10% of podcasts globally - follow us on Spotify, Apple, YouTube, and Amazon Music.   What keeps your CEO up at night? Generative AI, ESG, and disruptive technologies.  What is Strategic Intelligence and why do business executives need it?   Predict the future Find business opportunities based on 200 million+ signals showing what your customers and competitors will do in the next 5 years. GlobalData  At GlobalData we have a proven track record in helping thousands of companies, government organizations, and industry professionals benefit from faster, more informed decisions. You can update your communication preferences to make sure you receive the right information for you.  GlobalData, John Carpenter House | Registered in England No. 03925319, John Carpenter Street, London, EC4Y 0AN, United Kingdom   Unsubscribe  |   Manage Preferences London