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About Karen Joy

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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 3

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Audit firms step up AI adoption while seeking safeguards

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Audit firms are racing to embed AI into core work, but say true advantage now hinges on tougher governance, bias controls and global rules.
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Mastercard unveils AI 'Virtual C-Suite' for small firms

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digital transformation
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Mastercard launches its Virtual C-Suite AI agents, starting with a Virtual CFO, to give small firms automated executive-style insights.
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Unlimit names Irene Skrynova CEO of global payments

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Unlimit appoints Irene Skrynova CEO of global payments to unify its processing, product and tech as it pivots to financial infrastructure.
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Temenos gains Microsoft AI Cloud core banking status

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digital transformation
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Temenos wins Microsoft AI Cloud partner status for its Azure-native core banking SaaS, boosting co-sell options and bank modernisation plans.
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Azul Prime delivers 129% ROI & major cloud savings

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private cloud
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digital transformation
Azul Prime customers see 129% ROI, USD $10.2 million in benefits and nearly USD $4 million in cloud savings over three years, says study.
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Legora raises USD $550m to fuel US & APAC AI growth

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Legal AI platform Legora raises USD $550m at a USD $5.55bn valuation to speed expansion across the US and wider Asia-Pacific markets.
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Alteryx tops USD $1 billion ARR as AI workflows surge

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data analytics
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digital transformation
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Alteryx hits USD $1 billion ARR as AI pushes automated workflows past 380 million and firms race to govern data for safer deployment.
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Nasdaq unveils issuer-led tokenised share framework

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blockchain
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stock market
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distributed ledger technology
Nasdaq sets out equity token blueprint to let companies issue on-chain shares while preserving control, rights and US regulatory status.
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Dify raises USD $30m to scale open-source AI workflows

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Dify secures USD $30m to expand its open-source platform for production-ready AI agent workflows across global enterprise teams.
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ALSO lifts 2025 profit, raises dividend, eyes growth

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digital transformation
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cloud services
ALSO posts record 2025 results, boosts dividend and cash, and forecasts higher 2026 EBITDA as cloud growth and acquisitions drive gains.
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Airwallex rolls out Yield for US firms after USD $1bn lift

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Airwallex launches Yield for US firms after topping USD $1bn in assets, offering instant-access treasury via a J.P. Morgan money market fund.
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Goldman Sachs Alternatives backs Schellman expansion

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data protection
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cloud security
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partner programmes
Goldman Sachs Alternatives to take stake in Schellman, backing global expansion in AI governance, cybersecurity compliance and digital trust.
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Robinhood unveils family hub, trusts & platinum card

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fintech
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blockchain
Robinhood launches a family finance hub, custodial and trust accounts, plus an invite-only platinum card with elite cashback rewards.
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Ramp unveils spend controls suite for public sector

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digital transformation
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fintech
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cloud security
Ramp launches a public sector platform with FedRAMP-aligned spend controls to curb misuse after USD $2.8 trillion in improper US payments.
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SoFi & Mastercard bring stablecoin to card settlement

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SoFi and Mastercard will use SoFiUSD stablecoin for card settlement worldwide, targeting faster payments, remittances and B2B transfers.
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Wise predicts agentic AI shift in business by 2026

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data protection
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Wise forecasts that by 2026 agentic AI will run core business tasks, pushing firms to embed tools, tighten oversight and rethink outsourcing.
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Swift banks back scheme for faster cross-border pay

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fintech
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blockchain
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payment technologies
Swift enlists over 50 banks to launch common rules for faster, clearer cross-border retail payments, with first flows live by June.
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Ramp bets on self-driving finance tools for US firms

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New York fintech Ramp is betting on 'self-driving' finance, using AI and Visa cards to automate spend, bills and cash for US firms.
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Distributors stockpile as Phocas flags planning gaps

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data analytics
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digital transformation
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cx
Distributors stockpile more inventory as a Phocas report warns planning gaps and data limits are raising costs and operational complexity.
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Mercury's bid to become a US bank after rapid growth

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Fast-growing fintech Mercury seeks a US national bank charter to hold deposits and lend directly after scaling to 200,000 business customers.