About Karen Joy
Karen Joy Bacudo
Finance Editor
Karen wears two hats at TechDay, balancing her role as an editor while assisting with finance tasks. She bridges writing content and reconciling numbers to support the team, with the same level of accuracy and precision.
Stories by Karen Joy - Page 2
Cloudsmith raises USD $72 million in Series C round
Last week
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cloud security
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application security
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devsecops
Belfast software firm Cloudsmith secures USD $72 million as TCV returns to back its push to secure AI-driven software supply chains.
GE Vernova lifts guidance as orders & profit surge
Last week
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hyperscale
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dc
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partner programmes
GE Vernova reports stronger first-quarter orders, profit and cash generation, with Power and Electrification driving a bigger backlog and improved outlook.
Celonis & ProcessLab launch banking apps for mortgages
Last week
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saas
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crm
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digital transformation
Celonis and ProcessLab debut banking tools for mortgage approvals and service teams as lenders seek faster decisions, lower costs and better customer journeys.
KnowBe4 picks Flywire for global payments overhaul
Last week
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digital transformation
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fintech
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cx
KnowBe4 teams with Flywire to streamline international billing, accepting 140 currencies as it cuts manual reconciliation and boosts cash flow.
FIS upgrades trading & risk suite for buy-side firms
Last week
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digital transformation
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fintech
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rpa
FIS revamps cross-asset platform with AI dashboards and SaaS tools to help buy-side firms manage trading, portfolio and risk in one system.
Tech Mahindra posts higher FY26 revenue & record dividend
Last week
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firewalls
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data analytics
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digital transformation
Tech Mahindra lifts FY26 revenue and EBIT, while record dividend, strong deal wins and 10th straight quarter of margin expansion signal turnaround gains.
Payslip & Deloitte boost global payroll transparency
Last week
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digital transformation
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hcm
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partner programmes
Deloitte and Payslip say tighter EU pay rules are driving multinationals towards centralised payroll systems, with 1.3 million payslips now automated annually.
Ant International upgrades Alipay+ with privacy tech
Last week
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data protection
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encryption
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crypto
Ant International rolls out privacy-enhancing tech across Alipay+ payments, letting encrypted data process at scale as regulators sharpen scrutiny.
SAS & Notilyze aid FairClimateFund carbon tracking
Last week
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saas
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data analytics
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digital transformation
SAS and Notilyze have helped FairClimateFund replace spreadsheets with a digital platform to track carbon credits and household payments more transparently.
Talos flags KelpDAO rsETH exploit as major DeFi shock
Last week
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crypto
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risk & compliance
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defi
Talos says KelpDAO's rsETH bridge flaw triggered a DeFi liquidity crunch, with unbacked tokens used on Aave and more than USD $9 billion withdrawn.
Backbase launches AI-native banking OS to unify frontline
Last week
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saas
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digital transformation
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fintech
Backbase unveils AI-native Banking OS to tackle fragmented bank operations and shared customer records, targeting practical AI gains across frontline work.
Pinewood lifts revenue as US dealership testing starts
Last week
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saas
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data analytics
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digital transformation
Pinewood boosts annual revenue and EBITDA as testing begins at Lithia's US dealerships, with cash rising and medium-term growth targets intact.
Investors eye GPUs as alternative asset, survey finds
Last week
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datacentre infrastructure
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hyperscale
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dc
Investors warming to GPUs as an alternative asset class, with 75% optimistic, while structured products and better benchmarks seen as key to wider uptake.
Wasabi secures USD $250 million credit facility from Bain
Last week
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saas
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storage
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hybrid cloud
Wasabi lands USD $250 million Bain-led credit line to fund cloud storage expansion, AI-ready infrastructure and overseas growth.
Xero unveils AI business health scorecards for users
Last week
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saas
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uc
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data analytics
Xero rolls out AI-powered business health scorecards as 4.6 million subscribers gain deeper KPI tracking, cash flow forecasts and sharing tools.
Paysight adds Paymend failed-payment recovery tool
Last week
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saas
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crm
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fintech
Paysight plugs in Paymend's recovery layer to help merchants reclaim failed payments and cut churn across eCommerce and subscription billing.
Nium partners Coinbase for USDC cross-border payments
Last week
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crypto
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fintech
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payment technologies
Nium and Coinbase launch USDC payments service for businesses across 190 markets, aiming to cut trapped liquidity and speed cross-border settlements.
Lydian launches Visa Platinum card for digital assets
Last week
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fintech
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martech
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commerce systems
Lydian rolls out Visa Platinum card that lets customers spend more than 300 digital assets at 150 million merchants worldwide.
Accounting software faces AI rivals in bookkeeping shift
Last week
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data analytics
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digital transformation
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fintech
Intuit's QuickBooks is under pressure as AI start-ups push automated bookkeeping, forcing accounting software to prove it can do more than digitise ledgers.
Xero launches AI-native operating system for small firms
Last week
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digital transformation
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fintech
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financial systems
Xero unveils AI-native finance platform and JAX assistant to cut admin for small firms, with accountants and bookkeepers also in line for gains.