City calls on tech firms to tackle Britain’s fraud epidemic May 8, 2026 The City of London Corporation is calling on tech firms to help build a new digital identity verification network, designed to crack down on fraud and reduce the growing costs of financial scams. Under the plans, shared with City AM, consumers would verify their identity once with a trusted provider before reusing those credentials across [...]
Avantra 26 Reduces SAP Incident Resolution Times by 60% With New AI-Powered Intelligence May 7, 2026 New release transforms SAP incident response, turning hours of expert analysis into seconds with AI-powered insight
83% of Restaurants Are Invisible in AI Search: New Uberall Report Reveals the Discovery Gap Reshaping the Quick Service Restaurant Industry May 7, 2026 Industry-first benchmark study analyzes how ChatGPT, Gemini, Perplexity, Copilot and Google AI Overviews recommend restaurants
Wunderkind and Bloomreach Launch Native Integration to Convert Anonymous Traffic into Revenue May 7, 2026 New integration brings Wunderkind’s identity and decisioning into Bloomreach, helping brands recognize more customers, enrich journeys, and drive incremental revenue — without changing workflows.
Kohort Closes $7 Million Series A Led by The Raine Group, Launching Full Suite of UA Agents May 7, 2026 Kohort today announced the completion of its $7 million Series A fundraising round to build user acquisition (UA) agents for mobile game studios. The round is led by The Raine Group, who invested in Kohort’s seed round. UA Agents: Context engineering meets signal engineering Kohort’s thesis is that in a world where every AI company [...]
Smarsh Advances Compliance with AI Technologies That Cut Noise and Expose Risk Earlier May 7, 2026 Innovations across Professional Archive, Call Recording and Analytics, and Capture enable financial firms to move from reactive review to proactive, intelligence-driven supervision
Samsung workers threaten strike over AI profits as market value hits $1 trillion May 7, 2026 Samsung Electronics is facing the threat of a major worker walkout, after unions demanded a bigger share of the company’s AI-fuelled semiconductor profits. Two Samsung unions are pushing for a seven per cent pay rise and a bonus scheme worth 15 per cent of each division’s operating profits, with workers threatening an 18-day strike later [...]
Quantum Motion Raises $160 Million Series C to Deliver Quantum Computing’s “Transistor Moment” May 7, 2026 Round co-led by DCVC and Kembara, with participation from the British Business Bank and Firgun, positions stealthy Quantum Motion as UK’s best-funded quantum computing company. Quantum Motion’s silicon transistor-based architecture produces quantum computers with 100-fold reduction in cost and space requirements as well as 1,000-fold reduction in energy consumption compared to other approaches.
FTSE 100 Live: Stocks down on election day; oil back below $100 as Iran deal hangs in balance May 7, 2026 Good morning and welcome back to the City AM liveblog. It’s local election day in the UK and Keir Starmer’s premiership is hanging in the balance as his Labour Party prepares to take a drubbing in council boroughs across the country. Gilt yields rose at their fastest rate earlier this week as the market prepares [...]
Revealed: The 2026 City AM Awards Winners May 7, 2026 Around 500 guests enjoyed a night of celebration at London’s Guildhall on Wednesday 6 May where the winners of the 2026 City AM Awards were crowned. From 60 finalists across 12 categories, the judges chose their champions. Personality of the Year Greg Jackson CBE The entrepreneur and CEO of Octopus Energy has become one of [...]