88% of UK Customers Would Switch Banks Due to Financial Crime Failures, ThetaRay Report Finds May 19, 2026 ThetaRay, a global leader in AI financial crime compliance, today released The ThetaRay UK Banking & Fintech Trust Report 2026. The findings, launched on the eve of The Global RegTech Summit, reveal a systemic shift in consumer behavior: 88% of UK customers are prepared to abandon their primary financial institutions over failures in preventing money [...]
KfW, Germany’s largest national promotional bank, future-proofs regulatory reporting, by migrating to Regnology Reporting Hub (RRH) May 19, 2026 Longstanding client transitions to the next-generation RRH solution, delivered on Regnology’s Rcloud architecture
Unemployment back up as UK job vacancies fall May 19, 2026 Unemployment crept back up despite a fall in last month’s data as it was shown that the UK jobs market weakened in the last quarter. The Office for National Statistics said the UK unemployment rate was five per cent in the three months to March 2026. The unemployment rate had dropped to 4.9 per cent [...]
As it happened: Choppy finish for FTSE 100 as global markets rocked by AI sell-off May 19, 2026 Welcome back to the City AM liveblog. Businesses have raised the alarm over falling vacancies as new data showed a further weakening in the jobs market. Vacancies remained at a five-year low in April 2026, with a leading industry group saying recruiters were “pausing” plans to hire workers. The British Chambers of Commerce’s head of [...]
Markets have entered negative gamma – buckle up May 19, 2026 Dealers are forced being to buy rallies and sell dips, increasing volatility. That should serve as a warning. Although markets currently appear calm and resilient, beneath the surface they are becoming more fragile, says Helen Thomas Markets are entering a profoundly unstable moment for the global price of risk. The supply shock emanating from the [...]
Revolut deploys AI to scrutinise law firms in major shake-up May 19, 2026 Fintech giant Revolut is scrapping the ‘traditional’ method of assigning external law firms in favour of a new system where no law firm’s position is secure. Businesses that need external law firms on hand hold a panel session, where they vet law firms within their price range, and those that win secure a spot for [...]
Big Tech’s big problem? Consumers are paying to opt out May 19, 2026 Many executives approving AI copilots are also privately paying for products to shield their own children from technology.
New Sirion and WorldCC Research Reveals Most Enterprises Still Lack a Trusted Contract System of Record May 18, 2026 Global survey shows fragmented contract data is becoming a major barrier to enterprise AI adoption, automation, and operational trust
Jamie Dimon’s iron grip on JP Morgan threatens investor rebellion May 18, 2026 Jamie Dimon’s iron grip on JP Morgan comes under the microscope at the Wall Street giant’s annual general meeting on Tuesday as the banking exec looks to fend off an investor rebellion. The world’s most influential banker is facing an activist offensive that targets splitting up the chief executive and chair role – two positions [...]
Gradiant Announces Series E Financing at $2 Billion Valuation to Accelerate Expansion in AI, Semiconductors, and Industrial Water Infrastructure May 18, 2026 New investment supports strategic M&A, next-generation R&D, and IPO readiness as Gradiant experiences record growth driven by AI infrastructure and advanced manufacturing