Tagged: ireland

June 30, 2025 @ 8:07 am By Omar Faridi  |  

Kraken has recently made significant strides in expanding its regulatory footprint, operational strategy, and commitment to user education. The company secured a full Virtual Asset Service Provider (VASP) license from the Central Bank of Ireland, relocated its global headquarters to Wyoming, USA, and released findings… Read More

June 24, 2025 @ 3:35 am By Omar Faridi  |  

For anyone thinking of going freelance or launching their own small business, new research from Europe’s second-largest neobank, bunq, reveals that Ireland is one of the most affordable countries in Europe to get started. Among the top 10 EU economies analyzed, Ireland stands out “as… Read More

June 10, 2025 @ 4:08 pm By Omar Faridi  |  

Over 7 in 10 (71 percent) of firms in Ireland expect their investment in Research, Development & Innovation (RDI) to grow in the next three years, but cite concerns over funding barriers and increasing economic and competitive pressures. These are just some of the findings… Read More

May 30, 2025 @ 2:35 pm By Omar Faridi  |  

The level of identity fraud prevented in the first three months of the year has soared by 10%, insights from Experian reveal. Nearly £130 million of third-party fraud “was stopped by financial institutions in Q1 of 2025, up from £118 million compared to the same… Read More

April 24, 2025 @ 4:26 am By Omar Faridi  |  

The Central Bank of Ireland takes enforcement action against Waystone Fund Management (IE) Limited for breaches of the Alternative Investment Fund Managers Regulations. The Central Bank of Ireland has reportedly fined Waystone Fund Management (IE) Limited (WFM) the sum of €393,512 for allegedly breaching requirements… Read More

April 16, 2025 @ 7:59 am By Omar Faridi  |  

Irish capital markets tech firm Assiduous has reportedly acquired €1 million in funding. Assiduous Corp Ltd., an Irish capital markets tech firm, recently revealed that it has secured €1 million in new funding and also unveiled the launch of the Corporate Finance Autopilot. Assiduous’ Corporate… Read More

February 27, 2025 @ 10:15 am By JD Alois  |  

Stripe, a payments and cash management platform used widely around the world, says it will extend an offer to shareholders to purchase stock at a valuation of $91.5 Billion or €87.3 billion. Stripe noted that it is profitable and anticipates this will continue going forward…. Read More

January 26, 2025 @ 6:58 pm By Omar Faridi  |  

Consumers should remain vigilant against romance fraud, which continues to harm unsuspecting individuals each month, according to Bank of Ireland. The bank emphasizes the importance of staying cautious and not allowing emotions to override financial judgment. Romance fraud involves scammers creating false identities to build… Read More

January 21, 2025 @ 8:06 am By Omar Faridi  |  

In 2024, VC investment in Ireland remained stable despite the challenging funding environment. According to the KPMG Venture Pulse report, VC investment picked up in Q4, with “29 deals closing in the quarter worth $255.16 million, compared to 26 deals worth $174.76 million for the… Read More

January 15, 2025 @ 8:05 am By Omar Faridi  |  

Analysis of Bank of Ireland customer behavior between 14 and 24 December has shown “record” Christmas digital banking usage. On Thursday, 19 Dec 2024, close to 1.6 million digital banking logins were recorded across Bank of Ireland’s iOS and Android mobile apps, “as well as… Read More

January 12, 2025 @ 8:14 pm By Michael Wong  |  

The Central Bank of Ireland has launched its first “innovation sandbox programme,” introducing seven private-sector ventures focused on tackling financial crime. The initiative provides a controlled environment for testing new technologies, enhancing collaboration between the central bank and the fintech sector, and advancing solutions to… Read More

January 10, 2025 @ 4:45 pm By Omar Faridi  |  

Zellis, part of the Zellis Group, announces a definitive agreement to acquire elementsuite, an AI-enabled HR software company. As part of the transaction, elementsuite will be combined with Zellis, the provider of payroll and HR software to the UK and Ireland, “creating an end-to-end AI-powered… Read More

December 21, 2024 @ 3:11 pm By Omar Faridi  |  

Bank of Ireland clients reportedly spent more in 2024 on Black Friday to Cyber Monday weekend, up a substantial 4.7% on the past year, while spending by Bank of Ireland customers for the month of November 2024 was up as well by a significant 5.6%… Read More

December 14, 2024 @ 1:22 pm By Omar Faridi  |  

Ireland’s Research, Development & Innovation (RDI) sector continues to drive growth and employment, but without funding it risks dependence on foreign technology and diminishing competitiveness, according to the Ireland’s Innovation Index Pulse Survey, which surveyed more than 500 Irish firms. IRDG and KPMG conducted Ireland’s… Read More

November 13, 2024 @ 9:35 pm By Omar Faridi  |  

KPMG has released that retail survey with key findings indicating how consumer behavior may change during the coming months. The KPMG survey of consumer retail attitudes was conducted by Red C at the end of October. The key findings from the survey / research study… Read More

October 21, 2024 @ 8:28 am By Omar Faridi  |  

Behavioral biometrics and device intelligence technology enables businesses to analyZe all customer interactions to better identify suspicious behavior. Experian UK&I announces a partnership with lead behavioral biometrics and device intelligence-based fraud prevention. As online attacks and scams become increasingly sophisticated with the use of GenAI… Read More

October 13, 2024 @ 8:44 pm By Omar Faridi  |  

Fenergo, the provider of AI-powered solutions for Know Your Customer (KYC), Anti-money laundering (AML) transaction monitoring and Client Lifecycle Management (CLM), has announced several key updates including being recognized by Chartis for KYC and being acknowledged for its AI-enhanced digital customer onboarding solutions. In addition… Read More

October 9, 2024 @ 8:34 am By Omar Faridi  |  

UK’s digital bank Monzo has injected €4m in capital into its new Irish division. The update comes just several months following Monzo’s CEO,  TS Anil, stating that the Fintech firm was in the process of establishing its EU offices in Ireland. At the time of… Read More

September 18, 2024 @ 7:44 am By Omar Faridi  |  

Ctrl Alt, a financial engineering and tokenization platform with offices in the UK and Ireland, has officially launched in the UAE with an initial focus on the Emirate of Dubai. The company has already secured multiple partnerships, “including with Emirates NBD, with more public announcements… Read More

August 30, 2024 @ 9:38 am By JD Alois  |  

SumUp has appointed a new CEO and CFO while announcing new board members. According to a note from the Fintech, Niall Mac an tSionnaigh is now CEO of SumUp Limited, the Irish operating company, and Alastair Nolan, previously the Group’s CFO Europe, will now serve… Read More