In this episode of Evolutionary Exchanges, David Powell and Freddie Krone review the major themes that shaped financial services in 2025 and explore what may lie ahead in 2026. They discuss the rapid adoption of AI across the industry, shifts in digital assets and stablecoin regulation, growing cybersecurity pressures, and turbulence in private markets. The conversation also touches on banking M&A trends, fintech competition, and the broader macroeconomic and geopolitical forces influencing the sector. Drawing on elements from our 2025 Banking Trends Report, the episode offers a clear, balanced view of the opportunities and uncertainties shaping the year to come.