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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 8

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Ramp buys Billhop to grow AI finance reach in Europe

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US fintech Ramp is buying Stockholm-based Billhop to plug its AI finance platform into Billhop's European payments rails and licences.
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Oracle named IDC MarketScape leader in AI trade finance

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Oracle named IDC MarketScape leader for AI-enabled embedded trade finance apps, bolstering its position in bank trade digitisation.
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Bybit unveils AI Trading Skill for automated crypto trades

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Bybit launches AI Trading Skill, letting users place crypto trades and manage accounts via natural-language prompts across top AI tools.
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KuCoin unveils AI Skills Hub to power smarter crypto

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crypto
KuCoin launches AI Skills Hub, an open marketplace of modular tools letting agents tap exchange data and automate crypto workflows.
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Wealthfront hits record revenue but swings to heavy loss

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financial results
Wealthfront posts record revenue and assets but plunges to GAAP loss after IPO-linked stock-based pay drives expenses sharply higher.
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AI-fuelled crime drives illicit funds to $4.4 trillion

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phishing
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email security
AI-fuelled scams help push illicit finance to an estimated USD $4.4 trillion in 2025, with fraud losses hitting USD $579.4 billion.
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Bitcoin Depot unveils ReadyBucks for US gig workers

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payment technologies
Bitcoin Depot debuts ReadyBucks, offering USD $500-$2,000 online cash advances to US gig workers and small firms across nine states.
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Cryptio raises USD $45m to scale digital asset ERP tools

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financial systems
Cryptio raises USD $45m Series B to scale its digital asset ERP platform for banks, auditors and tokenisation firms handling on-chain data.
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Modern Treasury joins Mastercard crypto partner push

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crypto
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blockchain
Modern Treasury joins Mastercard's Crypto Partner Program to power fiat-crypto on/off-ramps and cross-border blockchain payment flows.
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BackOps secures USD $26m to automate logistics chains

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BackOps secures USD $26m Series A to scale AI-driven logistics tools that automate exception handling and cut manual supply chain work.
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Fairview selects Workday to modernise HR, finance, supply

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Fairview selects Workday to overhaul HR, finance and supply chain in a multi-year move to a single AI-enabled operations platform.
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Aon pilots stablecoin premium payments with Coinbase, Paxos

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crypto
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blockchain
Aon pilots stablecoin insurance premium payments with Coinbase and Paxos, testing USDC and PYUSD settlement across Ethereum and Solana.
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Tower raises USD $6.4m to bring AI data and code to production

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martech
Tower raises USD $6.4m to help data teams turn AI-generated code into reliable production pipelines on an Apache Iceberg-based platform.
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Finastra adds real-time AI fraud checks to payments

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crypto
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Finastra is embedding FraudAverse's AI-driven fraud checks into its Financial Messaging platform to secure real-time global and instant payments.
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RedotPay expands global crypto payments with new licences

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crypto
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risk & compliance
RedotPay wins new Canada, US and Argentina licences as it builds a global crypto payments hub and expands stablecoin-based services.
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Payoneer, FundPark launch eCommerce credit for sellers

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commerce systems
Payoneer teams with FundPark to offer Hong Kong eCommerce sellers AI-driven credit lines of up to USD $10 million via integrated accounts.
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PixVerse hits unicorn status with record AI video round

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digital transformation
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e-learning
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AI video platform PixVerse becomes a unicorn after a record Asia Series C funding round valuing the company at over USD $1 billion.
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Wonderful raises USD $150m to scale global AI agents

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digital transformation
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erp
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ai
Wonderful secures USD $150m Series B at a USD $2bn valuation to scale its agentic AI platform and triple headcount for global expansion.
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Gumloop raises USD $50m to scale workplace AI agents

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data protection
Gumloop secures USD $50m Series B to scale workplace AI agents, deepen security tools and court larger enterprise customers.
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Plaid, Perplexity launch AI-powered portfolio tool

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Plaid and Perplexity debut Portfolio, an AI tool that links brokerage accounts for personalised, conversational investment insights.