Starling launches the UK’s first customer-facing AI scam detector, Wells Fargo scales agentic AI under built-in oversight, and Lloyds formalises accountability by placing AI inside its model risk office. At the same time, the EU delays parts of the AI Act even as supervisors signal accelerated enforcement through existing prudential and conduct regimes. We look at Gemini 3’s leap in enterprise capability, the U.S. Genesis Mission’s push toward national agentic infrastructure, growing chip-supply constraints that threaten AI scaling plans, and China’s shift offshore to bypass accelerator bans. Together, these stories show a sector moving from experimentation to execution, where customer protection, agent governance, compute availability, and geopolitical alignment define the next phase of AI in financial services.