IT Brief Asia - 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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Ant International upgrades Alipay+ with privacy tech

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data protection
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encryption
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fintech
Ant International rolls out privacy-enhancing tech across Alipay+ payments, letting encrypted data process at scale as regulators sharpen scrutiny.
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Damisa teams up with dLocal to expand APAC settlement

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digital transformation
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fintech
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blockchain
Damisa taps dLocal for APAC settlement, letting merchants move cross-border funds into local bank accounts through a single integration.
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SAS & Notilyze aid FairClimateFund carbon tracking

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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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9fin launches full Asia Pacific platform after funding

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data analytics
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risk & compliance
9fin expands into Asia Pacific with a full credit market platform, giving banks and asset managers wider access after its USD $170 million fundraise.
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Talos flags KelpDAO rsETH exploit as major DeFi shock

Today
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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

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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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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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Wasabi secures USD $250 million credit facility from Bain

Yesterday
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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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Salmon secures USD $100 million for Philippines expansion

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fintech
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payment technologies
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google
Salmon backs Philippine consumer finance push with USD $60 million equity round and USD $40 million bond issue as it scales lending.
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Xero unveils AI business health scorecards for users

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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.
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Paysight adds Paymend failed-payment recovery tool

Yesterday
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saas
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crm
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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

Yesterday
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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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Standard Chartered & A*STAR launch S$15 million AI lab

Yesterday
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data analytics
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digital transformation
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fintech
Standard Chartered and A*STAR have launched a SGD$15 million Singapore AI lab to turn research into banking tools for fraud checks and faster analysis.
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Matsui Securities adopts Broadridge's JASDEC Processing Solution on SaaS platform

2 days ago
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saas
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digital transformation
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partner programmes
Matsui Securities turns to Broadridge software to automate lending workflows, as Japan's JASDEC changes push firms towards faster post-trade processing.
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Lydian launches Visa Platinum card for digital assets

2 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

3 days ago
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data analytics
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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

3 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.
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Japan institutional investors turn more bullish on crypto

3 days ago
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Japan institutions grow more bullish on crypto as Nomura survey shows stronger diversification interest and rising appetite for stablecoins.
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Mastercard & Lobster.cash team up for AI agent payments

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risk & compliance
Mastercard and Lobster.cash to let OpenClaw users authorise AI agents to spend on existing cards, backed by Verifiable Intent.
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Companies change incentive plans faster, report finds

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data analytics
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digital transformation
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planning
CaptivateIQ survey finds 91% of firms changed incentive strategy in the past year as AI, budget pressure and wider plan use speed up redesigns.