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 5
Trintech adds AI tools to financial close workflows
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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.
EY rolls out AI audit tools across global assurance
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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.
US CFOs warn cloud costs are rising as AI budgets grow
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digital transformation
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ai
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finops
US finance chiefs warn cloud bills are climbing as AI spending competes for budgets, with most seeing waste and tighter control demands.
Aria launches Deep Networking platform with USD $125 million
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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.
Paysafe launches crypto deposits for US iGaming brands
This month
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gaming
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crypto
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fintech
Paysafe and MoonPay bring crypto deposits to US iGaming, letting operators accept stablecoins and digital assets through a single gateway integration.
Plaid unveils foundation model for transaction data
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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.
SoFi launches corporate banking with crypto settlement
This month
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dr
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crypto
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fintech
SoFi expands into corporate banking with a regulated platform for deposits, payments and stablecoin settlement, targeting crypto firms and fintechs.
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.
Kestra raises USD $25 million to expand workflow platform
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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.
Ramp deepens Visa partnership as enterprise base grows
This month
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saas
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digital transformation
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fintech
Ramp expands Visa tie-up as the payments giant becomes a customer, after 133% enterprise growth and a wider rollout across 50,000 users.
Huntington picks SEI for private bank platform shift
This month
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saas
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paas
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digital transformation
Huntington National Bank has chosen SEI Wealth Platform to unify its private banking operations, as the lender seeks a more integrated digital wealth service.
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.
SC Ventures backs Keyrock in USD $1.1 billion round
This month
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crypto
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fintech
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blockchain
Keyrock lands new Series C funding from SC Ventures as it expands trading, liquidity and tokenised finance services for institutions.
Webull UK cuts commission on US & Hong Kong shares
This month
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fintech
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risk & compliance
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forex
Webull UK drops commission on US and Hong Kong shares as it launches a flexible Stocks and Shares ISA for retail investors.