Tagged: ireland

November 25, 2019 @ 12:20 pm By Omar Faridi  |  

Offering more mobility and quicker financial services, challenger banks appear to be destined for success, however, the Irish consumers’ trust in new technology seems to be a major challenge to mass adoption. This, according to Fujitsu’s latest “From Demanding to Discerning: Tech and the New… Read More

October 12, 2019 @ 5:55 pm By Omar Faridi  |  

San Francisco-headquartered crypto exchange Coinbase is expanding its operations in Europe with an e-money license granted by Ireland’s central bank. On October 11, Zeeshan Feroz, CEO of Coinbase’s UK division, revealed that the digital asset trading platform had become “one of just a few companies”… Read More

October 7, 2019 @ 7:20 am By JD Alois  |  

Linked Finance is announcing a new product as the deadline for a Brexit deal nears. The Ireland based peer to peer lending platform has launched new “Beyond Brexit” loans for Irish SMEs. The new loans are said to provide working capital to Irish businesses preparing… Read More

October 1, 2019 @ 9:02 pm By Samantha Hurst  |  

Cross-border savings and investments marketplace Raisin announced on Tuesday it has launched its services in Ireland. The platform claims that it launches with the “best-in-market” interest rates on most term deposits, finally propelling Ireland out of the last place on Europe’s retail interest rate ranking…. Read More

July 8, 2019 @ 8:03 am By JD Alois  |  

Peer to peer lender Initiative Ireland has announced the appointment of Aisling Healey, as the company’s new Director of Finance & Treasury. Healy is said to bring over 30 years’ experience in financial management to the role. She will be responsible for all aspects of… Read More

July 4, 2019 @ 3:24 am By Cali Haan  |  

Bitsane, a Dublin-based cryptocurrency exchange with 246 000 registered users, went suddenly offline last week, and users say they cannot access funds they were keeping on the exchange. “I was trying to transfer XRP out to bitcoin or cash or anything, and it kept saying… Read More

June 14, 2019 @ 7:26 am By JD Alois  |  

Linked Finance, an Ireland based peer to peer lender serving SMEs, has topped €100 million in lending, according to a note from the company. Management states that this milestone indicates that P2P lending is a proven funding option which is being recognized by Irish SMEs…. Read More

May 29, 2019 @ 11:46 am By JD Alois  |  

TransferMate, a cross-border B2B payments providers, has secured its first regulatory approval in Asia with a payments license in Singapore. TransferMate claims to hold one of the largest portfolios of payments licenses in the world. This includes all 50 US states plus territories, to support… Read More

February 13, 2019 @ 3:26 pm By Samantha Hurst  |  

Global payment technology provider Worldpay, Inc. (NYSE: WP; LSE: WPY) announced on Tuesday it has teamed up with Sage Pay, part of Sage Group (FTSE: SGE), to expand the range of card payment solutions available to businesses across the UK and Ireland According to the duo, this new… Read More

February 12, 2019 @ 10:37 pm By JD Alois  |  

The Hong Kong Secretary for Financial Services and the Treasury, James Lau, is visiting Ireland to foster closer financial co-operation between the two countries. According to a release, Lau met with the Minister of State at the Department of Finance and Public Expenditure and Reform of… Read More

January 28, 2019 @ 1:34 pm By JD Alois  |  

Blockathon Ireland, a blockchain hackathon for Public Services hosted by the Government of Ireland, has announced the winners of the competition portion of the event. The Department of Public Expenditure and Reform, in association with The Department of Finance, brought together nine technical teams with… Read More

January 25, 2019 @ 2:19 am By JD Alois  |  

The government of Ireland is showing their support for the emerging blockchain technology sector by hosting a hackathon called Blockathon Ireland. Hosted by the Department of Public Expenditure and Reform in association with The Department of Finance, the hackathon seeks to highlight real-life use-cases of Distributed… Read More

January 7, 2019 @ 9:28 am By Samantha Hurst  |  

Google (NASDAQ:GOOG) has received payment institution authorization from Ireland’s Central Bank. According to Irish Times, the Central Bank granted authorization to Google Payment Ireland under the second Payment Services Directive (PSD2) regulation. The company will now be allowed to issue and acquire payments across the European Union (EU)… Read More

January 4, 2019 @ 5:22 pm By Cali Haan  |  

In order to align itself with the fifth EU money laundering directive and reinforce existing rules, the Irish Cabinet has passed a new bill targeting money laundering, “including the use of cryptocurrencies in funding terrorism,” according to a release from the Irish Department of Justice. The… Read More

January 3, 2019 @ 10:39 am By Cali Haan  |  

People seeking information today about the Luas light rail system in Dublin may have encountered a message threatening to “publish all data and send emails to your users” unless a ransom of one Bitcoin (worth about $3850) is paid, RTE reports. That message has now… Read More

December 18, 2018 @ 2:41 pm By JD Alois  |  

Neil Mannion, a convicted drug dealer who allegedly traded on darknet sites such as Silk Road and Agora under the name ‘Hulkster’, has lost a legal battle to keep his crypto, according to a report in the Irish Examiner. Judge Carmel Stewart approved a request… Read More

December 3, 2018 @ 12:49 pm By Samantha Hurst  |  

Fintech unicorn, TransferWise, has reportedly launched its borderless account and debit Mastercard to Ireland. The launch comes just a few months after Transferwise added US Bank information to its platform thus mirroring what is already available for their European, UK and Australian users. According to Finextra, borderless… Read More

October 30, 2018 @ 10:09 am By Samantha Hurst  |  

Less than a week after announcing it is now offering several new alternative payment options in the UK, online payment processing provider Allied Wallet announced more payment options for Ireland. The company added Paysafecard, Boleto Bancário, SEPA Credit Transfer, and SEPA Direct Debit to its NextGen Payment… Read More

October 16, 2018 @ 9:40 am By Samantha Hurst  |  

Crypto marketplace Coinbase announced on Tuesday it has continued its European expansion by opening its new office in Dublin. According to Coinbase, the expansion will create new jobs and grow the burgeoning Irish crypto economy. The marketplace then confirmed that the number of its customers in the… Read More

September 26, 2018 @ 10:41 am By JD Alois  |  

Ireland is getting more serious about Fintech innovation. Announced late last week, the Irish government has partnered with ADAPT Centre for Digital Content Technology, commencing a new research program: Fintech Fusion. The program will be headquartered at Trinity College Dublin and will initially run for four… Read More