The HRTech Wire · auto-curated
Friday, September 18, 2026
HR technology, every morning — wired to the companies and people behind it.
Fresh funding is flowing into AI-driven HR infrastructure, with Intermezzo securing $10M to advance global payroll automation and Kastle raising a $24M Series A to build AI workforce solutions for banking operations, while University of Phoenix expanded its footprint by acquiring an HR tech firm. On the compliance front, employers are navigating new pressures ranging from a 2026 Section 503 update affecting Form CC-305 to a DOL action recovering more than $732K in unpaid wages for restaurant workers, alongside an EEOC settlement tied to a vendor's failure to process an ADA leave request and fresh harassment and assault litigation against Activision Blizzard. Meanwhile, a growing trust gap in people analytics—with only 27% of C-suite leaders confident in HR's ability to deliver it—underscores the cultural challenges that accompany the industry's broader push toward agentic AI and autonomous HCM.
Filtered: #agentic AI · clear
💰 $24Magentic AIPR Newswire· 9:45 AM PDT
Kastle has closed a $24M Series A led by Insight Partners to develop autonomous AI agents built for banking operations, according to the announcement — positioning the company in the growing "AI workforce" space where digital workers handle domain-specific back-office tasks. HR and people-ops leaders in financial services should note the signal: purpose-built agentic AI for ops functions is attracting serious venture capital, accelerating pressure to define how human and AI workers are managed together.
Read the full storyagentic AISAP Community· 5:35 PM PDT
SAP Community is promoting a webinar on agentic AI in human capital management.