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 6
Trintech adds AI tools to financial close workflows
This month
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saas
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digital transformation
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fintech
Trintech expands embedded AI across close processes with Beacon assistant, aiming to speed journal entries, matching and risk checks.
Aspire partners with J.P. Morgan on cross-border FX
This month
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crypto
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fintech
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defi
Aspire taps J.P. Morgan Payments for cross-border FX as the Singapore fintech expands wallet conversions in SGD, USD, GBP, EUR and HKD.
EY rolls out AI audit tools across global assurance
This month
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data analytics
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digital transformation
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fintech
EY deploys agentic AI across 160,000 audit engagements, backed by Microsoft, as it launches new assurance services and training.
Aria launches Deep Networking platform with USD $125 million
This month
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network infrastructure
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datacentre infrastructure
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hyperscale
Aria launches Deep Networking platform as it secures GBP £97 million to target AI data centre networking bottlenecks.
Diverging paths: Monzo quits, Revolut hunts US charter
This month
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dr
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fintech
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blockchain
Monzo abandons its US expansion and cuts about 50 jobs as Revolut pushes for a banking charter to build a direct American lending business.
Omniscient raises USD $4.1 million for boardroom AI
This month
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data analytics
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digital transformation
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supply chain
Seedcamp-backed Omniscient has drawn Renault as an early user of its boardroom AI, as it targets corporate reputation and risk monitoring.
UK firms back bank-led recurring payments over cards
This month
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fintech
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cx
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martech
UK businesses back bank-led recurring payments as GoCardless says cards and admin costs are draining revenue and delaying collections.
UK online sales rise 11.4% in February despite dip
This month
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digital transformation
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martech
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commerce systems
Parcelhero says eCommerce kept driving UK retail in February, even as monthly sales volumes dipped and geopolitical tensions clouded the outlook.
UK SMEs favour high street banks despite lower rates
This month
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fintech
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risk & compliance
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smb
UK SMEs stick with high street banks despite challenger rivals offering far higher savings rates and better protection options, Flagstone finds.
Plaid unveils foundation model for transaction data
This month
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saas
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fintech
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risk & compliance
Plaid builds a foundation model to improve transaction analysis, lifting income classification and loan payment detection across financial services.
Visa says AI agents may soon negotiate business deals
This month
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digital transformation
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fintech
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cx
Businesses warm to AI agents haggling over deals, but consumers remain wary of handing software full control of spending.
AI agents shake up accounting firms' bookkeeping workflows
This month
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data protection
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digital transformation
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rpa
AI agents prompt accounting firms to redesign bookkeeping and tax workflows as junior staff tasks are automated and human oversight stays central.
Legora hits USD $100 million ARR as legal AI demand grows
This month
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digital transformation
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rpa
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risk & compliance
Legora tops USD $100 million ARR in 18 months as legal AI adoption accelerates across firms and corporate teams.
Retail abuse drives staff quits as crime hits stores
This month
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cx
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martech
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hcm
VoCoVo survey finds 88% of UK retailers have lost staff to customer abuse, while 67% say AI could help tackle rising in-store crime.
Kestra raises USD $25 million to expand workflow platform
This month
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saas
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devops
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hybrid cloud
Kestra secures USD $25 million from RTP Global to launch Kestra 2.0, roll out Kestra Cloud and expand in North America and Europe.
Business leaders keep betting on AI despite recession
This month
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data analytics
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digital transformation
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rpa
KPMG survey finds most executives will keep pouring money into artificial intelligence through a recession, with USD $186 million planned on average next year.
OpenFX raises USD $94 million to speed cross-border payments
This month
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crypto
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fintech
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blockchain
OpenFX secures USD $94 million to scale real-time cross-border payments, after growing annual volumes to more than USD $45 billion and adding 100-plus clients.
Data analysis & AI literacy top skills for accountants
This month
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data analytics
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digital transformation
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rpa
Data analysis and AI literacy emerge as the most sought-after skills as Caseware study finds many accountancy firms unprepared for AI retraining.
Adclear partners NinjaTrader on AI compliance checks
This month
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saas
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crypto
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fintech
NinjaTrader turns to Adclear's AI to speed compliance checks on marketing across the US and Europe as financial promotion rules tighten.
Beechbrook backs Allegro film finance with GBP £2m
This month
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physical security
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film production
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intellectual property
Beechbrook Capital has added GBP £2m in working capital to Allegro Finance, boosting the lender's film and television production finance platform.