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
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.
Companies change incentive plans faster, report finds
This month
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data analytics
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digital transformation
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planning
CaptivateIQ survey finds 91% of firms changed incentive strategy in the past year as AI, budget pressure and wider plan use speed up redesigns.
CIQ launches Linux compliance platform ahead of deadlines
This month
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hybrid cloud
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digital transformation
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application security
CIQ rolls out Enterprise Linux compliance stack as federal cryptography, defence contractor and post-quantum rules tighten from 2026.
Mastercard & Lobster.cash team up for AI agent payments
This month
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crypto
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fintech
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risk & compliance
Mastercard and Lobster.cash to let OpenClaw users authorise AI agents to spend on existing cards, backed by Verifiable Intent.
HCS to invest EUR €13.2m & create 125 jobs in Dublin
This month
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digital transformation
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partner programmes
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risk & compliance
HCS plans EUR €13.2m expansion with new Dublin office and 125 hires as AI-led managed services drive revenue growth.
spektr raises USD $20 million to expand AI compliance
This month
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digital transformation
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fintech
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rpa
Spektr lands USD $20 million Series A from NEA as Copenhagen AI compliance platform targets manual checks at banks and fintechs.
Tether backs Drift Protocol relaunch with GBP £150m
This month
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crypto
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blockchain
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risk & compliance
Tether leads USD $150 million recovery plan as Drift Protocol seeks to restore user balances and restart trading after April exploit.
Blackhawk launches digital wallet for unified stored value
This month
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crypto
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fintech
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cx
Blackhawk Network has unveiled a Digital Wallet API that lets brands pool gift cards, refunds, loyalty rewards and promo credit into one spendable balance.
Global study finds 78% use AI for investment insights
This month
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digital transformation
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fintech
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genai
Study finds AI now shapes investment research for 78.3% of users, with strongest enthusiasm in the Middle East and Latin America.
Gr4vy launches toolkit for ChatGPT agentic payments
This month
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crypto
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fintech
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cx
Gr4vy unveils Agentic Development Kit to help merchants sell inside ChatGPT and other AI platforms without overhauling their payment systems.
Aryza acquires Umbrella Tech in AI collections push
This month
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saas
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uc
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devops
Aryza buys Toronto-based Umbrella Tech to add voice AI, speech analytics and autonomous agents to its collections and recoveries software.
Banks test stablecoins for faster cross-border payments
This month
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crypto
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fintech
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supply chain
Banks and multinationals trial tokens to slash cross-border settlement times, as clearer rules and backing bolster wider business use.
Tether backs USD $134 million Stablecoin Development
This month
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crypto
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fintech
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blockchain
Tether invests USD $134 million in listed stablecoin platform as stablecoin use surges past USD $300 billion and eyes public market access.
Visa launches Tempo validator node in blockchain push
This month
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firewalls
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network security
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crypto
Visa takes a direct stake in Tempo's blockchain operations, joining an early group of outside validators as it deepens its stablecoin and payments push.