IT Brief UK - Technology news for CIOs & IT decision-makers

About Karen Joy

Karen Joy Bacudo mugshot photo
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

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Coinbase lists GBP-backed stablecoin tGBP for UK users

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Coinbase adds sterling-backed tGBP to its UK offering, as the exchange pushes local-currency stablecoins amid growing scrutiny of regulation.
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CFIT wins GBP £1 million from Treasury & NatWest deal

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CFIT secures GBP £1 million Treasury backing and NatWest partnership to accelerate UK fintech work on SMEs, AI, smart data and financial inclusion.
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Cerillion lifts orders on GBP £42.5 million Omantel deal

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Cerillion's first-half trading was boosted by a GBP £42.5 million Omantel deal, sending new orders higher and setting up a stronger second half.
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Exacta Group posts record quarter as revenue jumps 60%

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Exacta Group's Bristol server businesses ride surging demand to a first-quarter revenue milestone, with Chief Executive Officer David Osmond eyeing more growth.
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Tech Mahindra posts higher FY26 revenue & record dividend

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Tech Mahindra lifts FY26 revenue and EBIT, while record dividend, strong deal wins and 10th straight quarter of margin expansion signal turnaround gains.
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Payslip & Deloitte boost global payroll transparency

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Deloitte and Payslip say tighter EU pay rules are driving multinationals towards centralised payroll systems, with 1.3 million payslips now automated annually.
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Ant International upgrades Alipay+ with privacy tech

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Ant International rolls out privacy-enhancing tech across Alipay+ payments, letting encrypted data process at scale as regulators sharpen scrutiny.
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SAS & Notilyze aid FairClimateFund carbon tracking

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SAS and Notilyze have helped FairClimateFund replace spreadsheets with a digital platform to track carbon credits and household payments more transparently.
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Talos flags KelpDAO rsETH exploit as major DeFi shock

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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.
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Backbase launches AI-native banking OS to unify frontline

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Backbase unveils AI-native Banking OS to tackle fragmented bank operations and shared customer records, targeting practical AI gains across frontline work.
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Firenze raises GBP £6 million to expand Lombard lending

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Firenze lands GBP £6 million to scale portfolio-backed credit platform as wealth managers and banks chase faster access to client liquidity.
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Pinewood lifts revenue as US dealership testing starts

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Pinewood boosts annual revenue and EBITDA as testing begins at Lithia's US dealerships, with cash rising and medium-term growth targets intact.
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Investors eye GPUs as alternative asset, survey finds

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Investors warming to GPUs as an alternative asset class, with 75% optimistic, while structured products and better benchmarks seen as key to wider uptake.
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Visa, TikTok roll out UK debit card for LIVE creators

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Visa and TikTok unveil UK debit card for LIVE creators, as research highlights payment delays, cash-flow strain, and demand for business finance tools.
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Wasabi secures USD $250 million credit facility from Bain

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storage
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Wasabi lands USD $250 million Bain-led credit line to fund cloud storage expansion, AI-ready infrastructure and overseas growth.
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UK campaign urges faster stablecoin rules from Treasury

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UK business groups and payments firms warn Treasury delays on stablecoin policy are holding back sterling-backed tokens and cross-border finance.
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UK finance chiefs prioritise AI accuracy over speed

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digital transformation
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UK finance chiefs say AI adoption will hinge on traceable outputs and human oversight, as Bloomberg survey shows trust beats speed in regulated markets.
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Xero unveils AI business health scorecards for users

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Xero rolls out AI-powered business health scorecards as 4.6 million subscribers gain deeper KPI tracking, cash flow forecasts and sharing tools.
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Paysight adds Paymend failed-payment recovery tool

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Paysight plugs in Paymend's recovery layer to help merchants reclaim failed payments and cut churn across eCommerce and subscription billing.
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DroneShield quarterly revenue jumps 121% to AUD $74.1m

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advanced persistent threat protection
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financial results
DroneShield posts record customer cash receipts and a fourth straight positive cashflow quarter as SaaS revenue and contracted sales swell.