Tagged: ireland

Bank of Ireland Group Apologizes to Clients for Wide Range of Failures in Relation to Tracker Mortgage Issue

Bank of Ireland Group has apologized to customers for “a wide range of failures in relation to the tracker mortgage issue.” This includes “an apology for the failures which led to customer harm and detriment, and for the length of time it took to recognize… Read More

Linked Finance Tops €200 Million in Online Lending for SMEs

  Linked Finance has topped €200 million in online lending in support of Irish SMEs. The Fintech reported that it had doubled its annual lending in less than 2 years. Linked Finance was launched in 2013 aiming to provide access to capital for Irish SMEs…. Read More

Danske Bank Fined €1.82M, Reprimanded by Central Bank of Ireland for Transaction Monitoring Failures

On 13 September 2022, the Central Bank of Ireland reprimanded and fined Danske Bank A/S, trading in Ireland as Danske Bank, €1,820,000 pursuant to its Administrative Sanctions Procedure “for three breaches of the Criminal Justice (Money Laundering & Terrorist Financing) Act 2010, as amended (the… Read More

Swoop Funding Selects ForwardAI Tech to Enhance Loan Underwriting

ForwardAI, a Fintech providing aggregated access to accounting & business data and analysis, announced today its partnership with Swoop Funding, the one-stop money shop “for businesses in Australia, Canada, Ireland, and the UK.” Through the partnership, Swoop Funding will be “augmenting its current data collection… Read More

In Spite of Inflation, Global Conflict, Irish SMEs Resilient – Says Linked Finance

Online lender Linked Finance says that Irish SMEs continue to pesevere even in spite the rising inflation and global conflict like Russia’s unprovoked war with Ukraine. The periodic Linked Finance SME Confidence Index states that: 82% of businesses report performance better or in line with… Read More

Republic Closes on Deal to Acquire Seedrs, Reveals Focus on Global Retail Investing

With the completion of the acquisition of Seedrs, Republic has announced that it is now the “first global private investment platform,” which will provide access to investment opportunities for retail investors around the world. Republic has shared that it has received final regulatory approval to… Read More

Global Financial Institution Penalties Decline in H1 2022, Fenergo Report Reveals

Fenergo, which claims to be the leading provider of digital solutions for client lifecycle management (CLM), released its half year annual findings on global financial institution enforcement actions which “show the total value of penalties have fallen by a quarter (25%).” In the first half… Read More

Bank of London Welcomes Economy Minister to its Northern Ireland Office

The Bank of London, which claims to be the first purpose-built global clearing, agency, and transaction bank, welcomed Economy Minister Gordon Lyons MLA “to mark the opening of its new Northern Ireland Headquarters, based in the landmark Soloist office at Lanyon Place in Belfast.” During… Read More

Digital Assets: Gemini Becomes First Firm to Be Registered as VASP in Ireland

Digital asset firm Gemini  recently revealed that they’ve become the first company to be registered as a Virtual Asset Service Provider (VASP) by the Central Bank of Ireland. Their VASP registration comes on “the heels of [their] Electronic Money Institution (EMI) authorization in February of… Read More

Revolut Business Introduces Revolut Reader, Moving into In-Person Payments

Revolut, the super-app with over 18 million retail customers globally and more than 500,000 corporate clients, is offering Revolut Reader in the United Kingdom and Ireland. A “fast” and ‘powerful” lightweight card reader, the new product is designed “to allow merchants of all kinds to… Read More

Tánaiste Introduces Bank of Ireland’s 11 Hybrid Working Hubs

The Tánaiste and Minister for Enterprise, Trade and Employment, Leo Varadkar TD, recently visited Ballycoolin in north Dublin in order to establish the 11 remote working hubs that have been launched as part of Bank of Ireland’s hybrid working model. These hubs are being worked… Read More

Synch Payments Appoints Nexi to Provide Tech Platform for Ireland’s Instant Mobile Payments Service

Synch Payments, the Irish instant mobile payments provider, recently announced that it has entered into an agreement with European Paytech Nexi as its platform and service provider to help bring the Synch proposition to Irish clients. Synch has reportedly obtained authorization from the Competition and… Read More

Ireland: Revolut’s BNPL will Provide Credit Up to €499

Neobank/digital bank Revolut will roll out its buy now – pay later (BNPL) product starting with Ireland. Revolut is entering a rather crowded market but is providing a service that has dramatically increased in popularity in recent years. According to Revolut Ireland as of last… Read More

Bank of London to Expand UK Presence with Offices in Belfast, Ireland

The Bank of London, which claims to be the next-generation tech firm and the world’s “first” purpose-built global clearing, agency, and transaction bank, recently announced its intention “to expand its footprint in the United Kingdom by opening its Centre of Excellence in Belfast, Northern Ireland,… Read More

Accelerated Payments Looks to Boost North American Business with New Executive Hire

Accelerated Payments (AP), an invoice financing Fintech, has hired Carolyn McClure as a Vice President to boost the development of the North American market. AP already operates in North America as well as the UK and Europe. Recently the company announced the hiring of Steven… Read More

Linked Finance SME Confidence Index: Optimism Drops

Linked Finance SME Confidence Index,  based on research conducted by Behaviours & Attitudes, is the bearer of bad news but insight that should not be unexpected. The Index indicates that business optimism has declined – impacted by geopolitical concerns and rising inflation The Index is… Read More

Accelerated Payments Update: €750 million to Global SMEs

Accelerated Payments (AP), an invoice financing Fintech, is reporting that it has hurdled  €750 million worth of financing to SMEs across the UK, Europe and North America. The financing arrives as most companies emerge from post-covid lockdown only to get hammered by rapidly rising inflation…. Read More

Dublin based Regtech Fenergo Introduces Financial Crime Risk SaaS Solution

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

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

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

Send this to a friend