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 - Page 4

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Incard gains UK EMI licence to expand fintech platform

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Incard secures UK EMI licence, bringing payments, cards and FX in-house as it scales its fintech orchestration platform for digital brands.
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People skills hold key to digital finance adoption

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Finance teams' digital tools sit idle as gaps in confidence, skills and internal networks stall automation and AI across organisations.
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Finance AI stuck in risky mid-maturity 'AI middle'

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Finance leaders warn of a risky 'AI middle' as many firms stall between pilots and governed, audit-ready use of automation in core workflows.
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AlgoSec posts record 2025 growth on hybrid cloud demand

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AlgoSec posts record 2025 as hybrid cloud surge drives 37% new business growth, strong ARR gains and rapid uptake of its Horizon platform.
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Emergent debuts mobile app after USD $100m run rate

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Emergent launches mobile app for its AI software builder after hitting USD $100m annual run rate and doubling revenue in just one month.
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Selector raises USD $32m to boost AI observability push

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Selector raises USD $32m at a USD $375m valuation to expand its AI-driven observability platform and accelerate global enterprise growth.
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Volt gains NPP status to expand Australian PayTo reach

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Volt secures Identified Institution status on Australia's NPP, unlocking direct PayTo and PayID services for merchants via a single API.
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UA92, Fujitsu boost funds to support women in tech

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UA92 and Fujitsu launch GBP £101,000 package of bursaries and apprenticeships to help more women and non-binary people build tech careers.
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Betfred boosts invoice processing with Proactis AI

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Betfred reports 47% accounts payable efficiency boost after trialling Proactis AI Accelerator to enhance its existing invoice capture system.
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Unicity Labs raises USD $3m to build agentic AI rails

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Unicity Labs raises USD $3m seed round to build peer-to-peer protocol powering high-throughput autonomous agentic AI marketplaces.
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Unhedged FX losses push corporates back to hedging

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Unhedged FX hits UK firms for GBP £6.71m and US peers for USD $9.85m on average, spurring a renewed shift towards defensive hedging.
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Bank of Beirut UK adopts Temenos core to drive growth

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Bank of Beirut UK has gone live on Temenos core banking and payments to modernise systems and fuel growth in trade and corporate banking.
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Internal auditors fear AI fraud but lack readiness

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Internal auditors warn AI-driven fraud is surging, but most concede they lack the tools, skills and time needed to spot it effectively.
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Audit firms embed AI while tightening validation controls

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Audit firms embed AI in core workflows as new research shows rising adoption is matched by stricter validation, governance and training controls.
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Palo Alto warns on earnings as guidance disappoints

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Palo Alto Networks beat quarterly estimates but flagged weaker next-quarter earnings, unsettling investors despite stronger revenue and contract growth.
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eflow launches RegCheck to cut compliance tech costs

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eflow launches RegCheck audit to help mid-market financial firms cut fragmented compliance tech stacks that can add up to 30% to costs.
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SatVu raises GBP £30m to build UK thermal sat network

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SatVu secures GBP £30m to expand its UK-built thermal imaging satellites into a multi-satellite constellation for defence and industry.
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Firgun backs Quantum Elements in quantum software bet

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quantum computing
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digital twins
Firgun backs Los Angeles quantum start-up Quantum Elements to scale its AI-powered Constellation software platform for circuit design.
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Sage adds AI to Intacct for faster, clearer finance work

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Sage has embedded new AI tools in Sage Intacct to speed period-end close, sharpen cash visibility and cut manual finance workloads.
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Fleet electrification shifts from compliance to costs

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Fleet electrification is shifting from green compliance to cost-cutting strategy, EO Charging survey finds, despite policy and energy uncertainty.