IT Brief Canada - 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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GE Vernova lifts guidance as orders & profit surge

Today
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dc
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clean technologies
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renewable energy
GE Vernova reports stronger first-quarter orders, profit and cash generation, with Power and Electrification driving a bigger backlog and improved outlook.
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Celonis & ProcessLab launch banking apps for mortgages

Today
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digital transformation
Celonis and ProcessLab debut banking tools for mortgage approvals and service teams as lenders seek faster decisions, lower costs and better customer journeys.
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FIS upgrades trading & risk suite for buy-side firms

Today
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digital transformation
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fintech
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rpa
FIS revamps cross-asset platform with AI dashboards and SaaS tools to help buy-side firms manage trading, portfolio and risk in one system.
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KnowBe4 picks Flywire for global payments overhaul

Today
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digital transformation
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cx
KnowBe4 teams with Flywire to streamline international billing, accepting 140 currencies as it cuts manual reconciliation and boosts cash flow.
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TD adds Google virtual card numbers for Canadian shoppers

Yesterday
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data protection
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fintech
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cdp
TD rolls out Google virtual card numbers for eligible Visa customers in Canada, adding a security boost for online and in-app payments.
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Tech Mahindra posts higher FY26 revenue & record dividend

Yesterday
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firewalls
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data analytics
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digital transformation
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

Yesterday
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digital transformation
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hcm
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partner programmes
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

Yesterday
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data protection
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encryption
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crypto
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

Yesterday
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saas
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data analytics
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digital transformation
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

Yesterday
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crypto
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risk & compliance
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defi
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

Yesterday
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digital transformation
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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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Float launches AI tool to automate Canadian tax coding

2 days ago
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financial systems
Float rolls out AI-driven transaction coding for Canadian businesses, aiming to cut month-end admin with HST, GST and PST automation.
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Pinewood lifts revenue as US dealership testing starts

2 days ago
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digital transformation
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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Wasabi secures USD $250 million credit facility from Bain

2 days ago
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saas
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storage
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hybrid cloud
Wasabi lands USD $250 million Bain-led credit line to fund cloud storage expansion, AI-ready infrastructure and overseas growth.
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Xero unveils AI business health scorecards for users

2 days ago
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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

2 days ago
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fintech
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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Nium partners Coinbase for USDC cross-border payments

2 days ago
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crypto
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fintech
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payment technologies
Nium and Coinbase launch USDC payments service for businesses across 190 markets, aiming to cut trapped liquidity and speed cross-border settlements.
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Lydian launches Visa Platinum card for digital assets

3 days ago
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fintech
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martech
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commerce systems
Lydian rolls out Visa Platinum card that lets customers spend more than 300 digital assets at 150 million merchants worldwide.
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Accounting software faces AI rivals in bookkeeping shift

4 days ago
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data analytics
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digital transformation
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Intuit's QuickBooks is under pressure as AI start-ups push automated bookkeeping, forcing accounting software to prove it can do more than digitise ledgers.
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Xero launches AI-native operating system for small firms

4 days ago
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digital transformation
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financial systems
Xero unveils AI-native finance platform and JAX assistant to cut admin for small firms, with accountants and bookkeepers also in line for gains.