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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Canadian startup coalition launched to bridge funding gap

2 days ago
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entrepreneurship
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startup ecosystem
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venture capital
Canadian coalition launches to connect early-stage investors as founders face shrinking pre-seed funding and greater reliance on foreign capital.
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Borderless AI launches crypto payroll for global staff

2 days ago
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crypto
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fintech
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hcm
Borderless AI rolls out crypto-native payroll tool as demand grows for flexible pay options among globally dispersed workforces.
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Wise gains Payments Canada membership to target RTR

2 days ago
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fintech
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payment technologies
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forex
Wise wins Payments Canada membership, paving the way for a bid to join the Real-Time Rail and boost faster, cheaper transfers for Canadians.
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Banks must modernise core systems, says Temenos report

2 days ago
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digital transformation
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fintech
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cloud security
Temenos and Bain warn banks that cloud, AI and stablecoins will reshape competition, with core modernisation now key to growth.
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Adyen adds loyalty software in €750m Talon.One deal

2 days ago
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saas
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digital transformation
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fintech
Adyen moves beyond payments with EUR €750 million Talon.One deal to fuse loyalty software, customer data and promotions across channels.
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GE Vernova lifts guidance as orders & profit surge

2 days ago
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hyperscale
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dc
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partner programmes
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

2 days ago
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saas
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crm
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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

3 days ago
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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

3 days ago
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digital transformation
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fintech
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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

3 days ago
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data protection
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crypto
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fintech
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

3 days ago
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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

3 days ago
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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

3 days ago
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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

3 days ago
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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

3 days ago
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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

4 days ago
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saas
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digital transformation
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fintech
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

4 days ago
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hyperscale
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fintech
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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

4 days ago
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saas
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data analytics
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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

4 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

4 days ago
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saas
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uc
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data analytics
Xero rolls out AI-powered business health scorecards as 4.6 million subscribers gain deeper KPI tracking, cash flow forecasts and sharing tools.