Fintech boss defends sacking entire HR department for ‘creating problems that didn’t exist’ May 20, 2026 US fintech Bolt has become the latest company to openly link job cuts and restructuring to AI, after chief executive Ryan Breslow defended scrapping the firm’s HR department during a recent round of layoffs. Speaking at a Fortune event Breslow said Bolt’s HR function had become counterproductive as the company attempted to streamline operations. “We [...]
DNA Payments and ETABS Partner to Offer Integrated Payment Solutions for Retail and Trade Businesses May 20, 2026 E-Trading and Business Services Ltd (ETABS) has partnered with DNA Payments, the UK’s leading independent payments provider, to bring reliable and secure integrated payment solutions to UK retail, trade, and warehousing businesses, both in-store and online. ETABS’s unified software helps retail businesses manage everything from large inventories to busy trade counters and shop floors, covering [...]
1GLOBAL Launches Verint Communications Analytics to Enhance Cloud Compliance for Financial and Regulated Industries May 20, 2026 1GLOBAL now offers transcription with insights into mobile calls in 10 countries on Verint Communications Analytics, built specifically for financial markets and trading environments Streamlines the compliance investigation and mobile call monitoring process through transcription and analysis Supports transcription and translation from 30+ languages into English with near real-time processing
Arcesium Launches Comprehensive AI Platform to Operationalize Agentic AI for Institutional Investment May 20, 2026 Arcesium Intelligence enables investment firms to deploy agentic AI across front-to-back operational and data workflows
Ennov Announces Strategic Growth Investment from Bregal Sagemount and Ardian May 20, 2026 Ennov (the “Company”), a global provider of end-to-end regulatory, quality, and clinical software solutions for life sciences and healthcare companies, today announced a strategic growth investment led by Bregal Sagemount (“Sagemount”), a leading growth-focused private equity firm, with participation from Ardian, a global private investment firm. The investment will support the Company’s continued expansion, with [...]
Experian and Relx fall as City unease over AI impact outweighs buyback billions May 20, 2026 Shares in Experian hit the bottom of the FTSE 100 in morning trade, with the City underwhelmed by what the credit checking giant called a “record year” and news of a fresh $1bn capital return. It did not look like enough to dispel fears over the potential long-term impact of artificial intelligence on the company, [...]
British Land: Return to office debate is over May 20, 2026 British Land has declared the debate over returning to the office “over,” as it prepares to capitalise on constrained supply and a “wave of demand” for commercial property from AI firms. The FTSE 100 property developer saw its profit before tax jump by 32 per cent to £450m in the year to March, as the [...]
AI will ‘destroy and create jobs,’ says HSBC boss May 20, 2026 The boss of Europe’s largest bank has warned that the growth of AI will both “destroy” and “create” new jobs as the banking industry continues to be reshaped in the face of new technology. Georges Elhedery, chief executive of HSBC, warned that the bank’s staff must avoid “fighting us” as it unveiled its latest AI [...]
Announcement of the First Closing of MACH OE, an Aircraft Investment Fund May 20, 2026 As announced in the press release dated 15 January 2026, Mercuria Investment Co., Ltd. (MIC), a subsidiary of Mercuria Holdings Co., Ltd. (MHD), and Airborne Capital Limited (ACL), an Ireland-based aircraft asset management company, had agreed to jointly establish and manage a new open-ended aircraft fund (MACH OE). We are pleased to announce that Development [...]
Usercentrics Appoints Pawan Hegde as COO and Promotes Elena Ignatova to CPTO May 20, 2026 Usercentrics, a leading data privacy technology company, today announced the appointment of Pawan Hegde as Chief Operating Officer and the promotion of Elena Ignatova to Chief Product and Technology Officer (CPTO). Both appointments accelerate the company’s U.S. expansion and mark a new phase of growth as Usercentrics scales its platform to meet the demands of [...]