Tagged: ireland

Dublin based Regtech Fenergo Introduces Financial Crime Risk SaaS Solution

Global Regtech Fintech

Fenergo, the provider of digital solutions for Know Your Customer (KYC) and client lifecycle management (CLM), recently announced the launch of FinCrime Risk. This application programming interface (API)-first software as a service (SaaS) solution will “allow financial institutions to centralize and automate risk assessment processes… Read More

Venture Capital Funding to Irish Technology Firms Increased by 52% to Nearly €380M in Q1: Report

kiki wang Clover Green Ireland unsplash

Venture capital funding into Irish tech companies increased by 52% to €379.7 million in the first quarter of 2022, when compared to €249.4 million in same period last year, according to the Irish Venture Capital Association VenturePulse survey published recently in association with William Fry…. Read More

Mindtree and Finastra to Provide Managed Services Payments Solutions in the Nordics, the UK, Ireland

Pounds Euros Coins Money

Mindtree (NSE: MINDTREE), a global tech services and digital transformation company, and Finastra, a financial technology provider, has announced a partnership to bring Finastra’s Fusion Payments To Go payments technology “to banks in the Nordics, the UK and Ireland, as a managed service.” As part… Read More

Identity Verification Provider ID-Pal Introduces Services in the UK

Digital ID Identity Identification iPhone

ID-Pal, the identity verification provider, recently revealed that it is entering the UK market after six years of steady growth across Ireland, the US and the European Union. This move has reportedly been planned due to increasing levels of identity fraud and the growing complexity… Read More

Accelerated Payments Looks to Boost North American Market Appointing New Executive

Steven Conrad

Accelerated Payments, an invoice financing and SME credit platform, has appointed Steven Conrad as Vice President of Business Development for North America as the Fintech looks to boost its lending activity on the continent. Conrad will be based in Toronto. Accelerated Payments noted that the… Read More

European Investment Platform Lendermarket Triples Platform Growth, Welcomes Second Lending Group

Growth Grow Together Partner Collaborate

Lendermarket, which claims to be one of Europe’s fastest growing P2P investment platforms, recently announced that it is becoming “a multi-lender platform after signing an agreement with Credory, an Estonian SME-financing company.” The partnership “enables Lendermarket to appeal to investors looking for lower-risk loans and… Read More

Newcastle Building Society to Bring Banking Back to High Street with GLORY, OneBanks Hub

Parliament Square Westminster London UK Britain Flag

  In the face of this “tsunami” of branch closures, plans are progressing on a pilot which will see high street “champions” and community branch innovators, Newcastle Building Society, team up with global player in cash automation, GLORY, and shared banking Fintech, OneBanks Hub, in… Read More

Open Banking Fintech TrueLayer Introduces European Payments with Instant Deposits, Refunds, Withdrawals

Euros iPhone Payments Digital Money

TrueLayer, which claims to be Europe’s leading Open Banking platform, has announced it has launched its “closed-loop” payment product in Ireland, France, Germany, Spain, Lithuania and the Netherlands. As noted in an update shared with CI, traditional payment methods “weren’t built to handle the speed… Read More

Dublin’s Delta Partners Announces New VC Fund

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Dublin-headquartered VC firm Delta Partners has confirmed the introduction of its new venture capital fund which will reportedly invest into various seed and early-stage tech  companies across Ireland. The new fund has reached an initial close with Bank of Ireland and Enterprise Ireland as key… Read More

NTT DATA UK to Expand its Business, Appoints Fernando Apezteguia as New CEO

Mount Street Garden London UK Horse Sculpture

NTT DATA UK has announced that it has appointed Fernando Apezteguia as the new CEO for NTT DATA UK and Ireland. Apezteguia will now lead the business after having been part of the organization for over 20 years, with the aim of “accelerating its growth… Read More

BNY Mellon Fund Services (in Ireland) DAC Fined €10.78M, Reprimanded by Central Bank over Regulatory Issues

kiki wang Clover Green Ireland unsplash

On 22 March 2022, the Central Bank of Ireland  “reprimanded” and fined BNY Mellon Fund Services (Ireland) DAC €10,780,000 pursuant to its Administrative Sanctions Procedure (the ASP) for 16 regulatory breaches “relating to the outsourcing of fund administration activities.” The 16 breaches “arose because of… Read More

Online Lending Platform Linked Finance Now Offers Businesses to Borrow Against Card Sales, Partners with fire.com

Niall OGrady CEO Linked Finance

Linked Finance, a peer-to-peer lending platform serving SMEs in Ireland, has announced the launch of a new service allowing clients the ability to borrow against card payments. According to Linked Finance, Merchant Cash Advance will allow businesses to borrow a lump sum and then repay… Read More

VeChain Tech Team to Work Out of Dublin, Ireland Offices, While Foundation Maintains Singapore Presence

dublin ireland jordan harrison unsplash

The VeChain Foundation claims that 2021 “proved to be a significant year” for them with many developments taking place — some of which are “fundamentally game-changing” and others that “greatly benefit” their ability to serve the global economy with blockchain-based services. One such change that… Read More

Linked Finance Leverages Open Banking to Enhance Application Process

Niall OGrady CEO Linked Finance

Linked Finance, a peer-to-peer lending platform serving Irish SMEs, says it has incorporated open banking technology to speed up the lending process. Open banking can enhance financial services by seamlessly accessing data and information across different platforms. By integrating with other financial services providers, products… Read More

Irish Bank AIB and IBM Announce €65M Agreement to Accelerate Banking Institution’s Digital Transformation Efforts

kiki wang Clover Green Ireland unsplash

AIB, an Irish bank with key positions across various segments, and IBM (NYSE: IBM) have announced a €65 million 3-year agreement designed to help “deliver the bank’s 2023 strategy by accelerating its ongoing digital transformation, meeting its customer-first commitment and providing a clear pathway to… Read More

Bank of Ireland to Pay €24.5 Million Fine for Allegedly Failing to Maintain Proper IT Systems

Expired Penalty Fine Times Up

The Bank of Ireland has reportedly been fined €24.5 million by the Central Bank for failing over the course of over 10 years to have a proper system in place to allow for the continuity of service to clients in the event of a major… Read More

Laleta Buctkuar from Assetz Capital Explains that Their Pricing Is Driven by Loan-to-Value, Not Security Type, Size, Location

Cavalary of the Empire Statue Park London UK

Laleta Buctkuar notes that she recently joined UK’s Assetz Capital in June of this year, “specifically to focus on bridging products and distribution.” Laleta shared that she began working in financial services more than 20 years ago. Laleta also noted that she had a part-time… Read More

Fintech Stripe Expands Stripe Terminal to Ireland, France, Germany, UK, Netherlands

Stripe Office

Stripe, a tech firm establishing key economic infrastructure for the Internet, has announced the expansion of Stripe Terminal to Ireland, France, Germany, the UK, and the Netherlands. As European consumers return to in-person shopping, Terminal “extends Stripe’s payments infrastructure to the physical world.” International businesses… Read More

LinkedFinance CEO Warns on Rising Inflation

Niall OGrady CEO Linked Finance

LinkedFinance is warning businesses to “avoid feeding dangerous 1980s inflationary spiral.” LinkedFinance is a peer-to-peer lender serving Irish SMEs. While business optimism remains high, nearly one-third of Irish companies are charging higher prices as the labor market tightens, states the company. According to the Linked… Read More

Real Estate Report: Typical UK House Prices have Surpassed £250K for First Time Ever

Westminster London England UK

The Nationwide House Price Index for the UK reveals that the price of a typical home has exceeded £250,000 “for the first time.” As noted in a blog post by Blend Network, the annual house price growth “remained close to double digits for the sixth… Read More

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