logo
Two Irish fintech companies announce major new international partnerships

Two Irish fintech companies announce major new international partnerships

Irish Post04-06-2025
TWO Irish fintech (financial technology) companies have announced major new international partnerships at a global industry conference, highlighting Ireland's growing influence in the worldwide fintech landscape.
The announcements were made on the opening day of Money20/20 Europe in Amsterdam on Tuesday as Ireland continues its rapid expansion in the fintech sector.
Enterprise Ireland, Europe's third most active fintech investor, heralded the announcements as an example of Ireland's strong position within the industry.
"These announcements today demonstrate the continued momentum of Ireland's fintech sector, which has defied the market backdrop and performed extremely well, increasingly attracting international attention and investment," said Anna-Marie Turley, Head of Enterprise Ireland's fintech and financial services portfolio. Partnerships
TransferMate, the world's leading provider of embedded B2B payments infrastructure as a service (IaaS), announced a strategic long-term partnership with Deutsche Bank.
It will see the Irish company work with Deutsche Bank in various countries, enabling TransferMate to provide in-country collections, cross-border payments and the ability to store funds locally.
"We look forward to this journey together, which will drive TransferMate's growth and improve their operational efficiencies through our tailored solutions," said Ole Matthiessen of Deutsche Bank.
Splink, a provider of custom digital payment solutions, announced an exclusive commercial Irish partnership with Global Payments to commercialise their Stadia and Events Technology in Ireland.
The technology is currently in use at major British venues including Chelsea's Stamford Bridge and Newcastle's St James' Park.
"We've had some recent successes together with key merchant wins in Ireland and the UK and we've excited to see the partnership grow," said Tom Woods of Global Payments.
The deal will also see Splink become one of a select group of partners launching Global Payments' new SoftPOS technology, GPTom, which enables any smartphone to accept tap-to-pay transactions with no external hardware. 'Remarkable evolution'
Over 20 Irish fintech companies are participating at Money20/20 Europe this year and will be showcased at the Irish Pavilion.
"The strong presence of Irish fintech at Money20/20 Europe reflects the sector's remarkable evolution, becoming global leaders in their own right, securing major partnerships with global payment giants and financial institutions and launching cutting-edge AI solutions that are transforming customer experiences," said Ms Turley.
Among the Irish delegation is Prommt, which announced a major milestone in Open Banking adoption on Tuesday.
The firm revealed that one of Britain's top pre-owned prestige car supermarkets collected over £60m via Prommt's Pay by Bank technology within 60 days of going live.
"With over 400 industry leading merchants now live with Pay by Bank and hundreds of millions in payment volume already processed this year, Prommt is leading the next generation of payment innovation," said CEO Donal McGuinness.
Meanwhile, Engage Hub, which automates companies' communication services, announced the launch of its AI Knowledge Base, allowing users to find accurate answers instantly without agent support.
"This reduces pressure on contact centres, cuts operational costs, and boosts overall efficiency," said Karen Waters, Product and Marketing Director at Engage Hub.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Irish Examiner view: The best ancient advice in the world
Irish Examiner view: The best ancient advice in the world

Irish Examiner

time4 hours ago

  • Irish Examiner

Irish Examiner view: The best ancient advice in the world

You don't need a whole slew of professional qualifications to be an influencer. A certain native charm is helpful; good looks can always go down well with the easily-impressed; a way with words is an obvious advantage as is the ability to put together a convincing video roll. Building a reputation for expert and inside knowledge is key to the enterprise. Influencer marketing is an activity which was barely known a decade ago and its impact was accelerated by the explosive growth of social media and during lockdown when many of us had more time on our hands than was good for us. We are a country which has become wedded to social networks with up to three quarters of our population owning one or more accounts. Modash, an influencer marketing and analysis agency, headquartered in Estonia, says it has found 12,032 Irish Instagram influencers with up to 500,000 followers and the majority of their audience in Ireland. For a fee it will analyse every creator not only on this platform but also on YouTube and TikTok. Citizens may enter this bewildering landscape for a whole host of reasons, and many may be wholly harmless. A search for the best way to make falafel for example, or guidance on how to knit a plaited stitch; or directions to the best beaches in Galicia. But there are other subjects on which it is best to rely on a phrase which preceded the arrival of the internet by nearly 3,000 years. 'Caveat Emptor' — buyer beware. Medical advice certainly falls into this category. It's quite easy to find GPs who will tell you hair-raising stories about patients who arrive in their surgeries having carried out comprehensive search engine diagnoses of their symptoms and seeking sign-off and confirmation of their ailments and maladies. And the other topic where caution is required is, of course, financial information, where the Central Bank of Ireland has reissued advice to consumers that if they deal with an unauthorised firm then there is no recourse to statutory compensation schemes or the Financial Services and Pensions Ombudsman. 'Consumers are advised to check the official Central Bank website to see if the firm is authorised by the Central Bank' its statement to the Irish Examiner says. Mr Finlay, who has 260,000 followers on Instagram and 586,000 on TikTok, has built a reputation in recent years by posting food reviews and luxury lifestyle content. He frequently shares photos and videos of himself on first-class flights, at Premier League matches, and on holidays in Dubai. He also runs several channels on instant messaging app Telegram, which are focused on making money on T4Trade. He suggests that people copy his trades. The platform carries a disclaimer that it is not targeted to residents of the EU where it is not registered Mr Finlay says he charges €1,000 for access to a VIP channel which is owned and operated by him, but regularly allows small groups of people to enter 'free of charge,' for limited amounts of time, encouraging people to join quickly before access to the group closes. In historical terms, we are in the early days of trading and commerce on the internet and there are many lessons which still have to be learned. But as with any activity taking place on a new frontier, it is sensible to be cautious. It may not make you a fortune, but it can protect you from crushing disappointment. Or to quote T4Trade's own website: 'Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital.' Old wild men have left the stage this week It has been, we must acknowledge, a bad week for old wild men. First the curtain came down on Ozzy Osbourne, 76, the founding father of the metalheads, whose last concert at Villa Park a couple of weeks previously was recalled by an Irish Examiner writer who proclaimed it as 'not just a celebration of music and legacy, but of life itself'. The self-styled Prince of Darkness nearly sacrificed his life on several occasions to excesses of various types but earned a place in people's hearts through his endearing MTV reality show, The Osbournes, which reached way beyond the aficionados of thrash metal. On the same day, a different kind of rugged hero departed with the passing of Joey Jones, stalwart of Liverpool, Wrexham, and Chelsea whose fist-pumping exhortations to fans were a familiar scene at soccer grounds across Europe in the 1970s and 80s. Jones, 70, born in a North Wales council house, was a rampaging left-sided defender whose never-say-die attitude won the hearts of those on the terraces. Hulk Hogan, who died on Thursday, was for more than a decade the ubiquitous face of wrestling bringing WWE to prominence with theatrical performances and a dominating physique. Hogan, who acknowledged that he took steroids, stood at 6ft 7in and weighed 145kg. His appearance was set off by a droopy blonde moustache and a T-shirt that he liked to rip open at the height of his exuberance. Hogan, 71, died from apparent cardiac arrest. In later years he was a voluble supporter of US president Donald Trump who counted 'the Hulkster' as a personal friend. There will be an opinion that men aren't made like this anymore but whether it's a snatch of the opening riff of 'Paranoid', a recollection of the famous 'Munching Gladbach' banner, or a highly colourful bandana, they will stay in our collective memories for the forseeable. Fair deal for cancer survivors is overdue There are few things more powerful than an idea whose time seems to have come. The concept that age is no barrier; changes to abortion law; elective death; reform of drug laws. To this we can add the proposition that for too long cancer survivors in Ireland have been discriminated against by the providers of financial services, with many struggling to obtain products such as mortgage protection and travel cover. For many years, the Irish Cancer Society has been campaigning for what it describes as 'the right to be forgotten', which means that there will be no obligation to disclose a previous diagnosis more than five years after active treatment has been concluded. Anyone who has filled in an insurance application form will be aware that there are requirements to declare any previous medical conditions, the inclusion of which can add, often considerably, to the premium charged or refusal to provide a policy. Failure to provide such details can result in policies being declared null and void. But change is afoot and legislation is now expected to be passed by the Oireachtas this autumn. It was first introduced in the Seanad by then Fianna Fáil senator Catherine Ardagh in October 2022, and was reintroduced by her as a TD in the Dáil in February. Now it has been taken up by the Government, whose junior finance minister Robert Troy — who has lost two siblings to the disease — describes the situation as 'challenging and unfair'. The Central Bank (Amendment) Bill will give statutory weight to what was previously a voluntary code of practice, which was not universally adopted, and will bring Ireland into line with laws which are already in place in France, Germany, Netherlands, Belgium, and Luxembourg. Under existing guidelines, a survivor can access mortgage protection after seven years of remission or five years if individuals were diagnosed when under the age of 18. While the proposed new law does not cover travel insurance this will be a logical next step for campaigners. The Government, says Mr Troy, has focussed first on 'where the need is greatest and where there is the clearest evidence base'. Removing the uncertainty around house purchase is certainly a priority, but there is an equivalent value emotionally of liberating people from being defined by the most difficult chapter of their lives. Loss adjustors and risk assessors will, no doubt, point to the costs. It is their job to do so. But the rest of us may consider that, in a country where hundreds of thousands of people have been visited by cancer, it is a price worth bearing. Read More Irish Examiner view: Rural communities are losing their light

Dunnes Stores shoppers set for frenzy over new ‘stylish' co-ord that makes perfect airport look – & it's just €35 total
Dunnes Stores shoppers set for frenzy over new ‘stylish' co-ord that makes perfect airport look – & it's just €35 total

The Irish Sun

time5 hours ago

  • The Irish Sun

Dunnes Stores shoppers set for frenzy over new ‘stylish' co-ord that makes perfect airport look – & it's just €35 total

DUNNES Stores shoppers are set for a frenzy over a new co-ord - and it makes the perfect airport look. The retailer has been keeping shoppers happy with a range of must-have 4 The Short Sleeve Button Detail Jersey Co-Ord Top is just €15 Credit: DUNNES STORES 4 The Straight Leg Jersey Co-Ord Trousers cost just €20 Credit: DUNNES STORES 4 The navy option has sold out online Credit: DUNNES STORES And now, Dunnes Stores has added another The retailer is selling the two piece for €35 in total and it fits any occasion. The Short Sleeve Button Detail Jersey Co-Ord Top is just €15. READ MORE IN DUNNES STORES But unfortunately for fashion fans, the navy shade is sold out online - though may be available in your local Shoppers can get the top in sizes XS to XXL - and all options are still in stock online. The short-sleeved red jumper has ribbed detailing, and features three gold buttons on the left shoulder for a chic addition. In the official item description on the Most read in The Irish Sun "In a textured finish, wear with denim or the matching trousers (sold separately) for a coordinated look." It's perfect to wear to a variety of events, either with the matching trousers or paired with something else. I tried 'cute' summer dress that's 'so flattering' cries Dunnes Stores fan - and it comes in two colours The Straight Leg Jersey Co-Ord Trousers cost just €20. These pants also come in two shades, red and navy, though again the navy is completely sold out online. Shoppers can pick them up in sizes XS to XXL - and all sizes are still in stock online. The wide-leg trousers feature the same ribbed detailing as the top, and come with an elasticated waistband. In the official item description on the Dunnes Stores website, "Pair them with the matching top (sold separately) for a relaxed, coordinated look." Shoppers could wear the co-ord together for an easy go-to option. Or mix and match the pieces depending on the event. Both the top and trousers are available online and in stores now, but they are set to fly off the shelves. 4 The co-ord is €35 in total Credit: Garrett White THE HISTORY OF DUNNES STORES DUNNES Stores opened its first store on Patrick Street in Cork in 1944 - and it was an instant hit. Shoppers from all over the city rushed to the store to snap up quality clothing at pre-war prices in Ireland's first 'shopping frenzy'. During the excitement, a window was forced in and the police had to be called to help control the crowds hoping to bag founder Ben Dunne's 'Better Value' bargains. Dunnes later opened more stores in the 1950s and began to sell groceries in 1960 - starting with apples and oranges. The retailer said: "Fruit was expensive at the time and Ben Dunne yet again offered Better Value than anyone else in town. "Over time, our food selection has grown and that spirit of good value has remained strong. "Now we offer a wide range of carefully-sourced foods from both local Irish suppliers and overseas." The retailer's first Dublin store opened its doors in 1957 on Henry Street and a super store on South Great Georges Street was unveiled in 1960. They added: "In 1971, our first Northern Irish store opened, and many others soon followed. "Expansion continued in the 1980s in Spain, and later into Scotland and England." Dunnes now has 142 stores and employs 15,000 people.

Alexander Isak offered whopping £32M-A-YEAR deal from Saudi but star has heart set on record-breaking Liverpool transfer
Alexander Isak offered whopping £32M-A-YEAR deal from Saudi but star has heart set on record-breaking Liverpool transfer

The Irish Sun

time6 hours ago

  • The Irish Sun

Alexander Isak offered whopping £32M-A-YEAR deal from Saudi but star has heart set on record-breaking Liverpool transfer

ALEXANDER ISAK has been offered a £32million-a-year deal from Saudi Arabia — but his heart is set on Liverpool. The Swedish striker, 25, told Newcastle he wants to leave after they knocked back the Reds' initial approach over a potential British-record £120m move last week. 2 Alexander Isak has rejected a big money move to the Middle East Credit: Getty SunSport understands he could now submit a transfer request to push for a switch to the Premier League champions. And he wants to head to Anfield despite the extraordinary offer from Al-Hilal, which would also see him land a £14m signing-on bonus and a host of other incentives. Isak would pocket £3.6m for winning the Saudi Pro League, £3.8m for lifting the Asian Champions League and a further £1.75m for finishing as the division's top scorer. Also on offer is £120,000 a month in personal expenses to cover travel for him and his family, a club house with four full-time staff and a full-time chauffeur. READ MORE IN FOOTBALL Isak would be provided with a private jet for him and his family whenever he is called up for It would make him the fifth-highest earner behind only Sadio Mane, Karim Benzema, Riyad Mahrez and The Toon are refusing to sell last season's 27-goal top scorer despite him not going on their pre-season tour to Asia. They have been unable to persuade him to sign a £300,000-a-week deal making him Newcastle's highest-ever earner. Most read in Sport BEST ONLINE CASINOS - TOP SITES IN THE UK And they fear he could force a move by handing in a written transfer request. Newcastle are exploring a move for Newcastle plotting Benjamin Sesko bid to replace Alexander Isak And they are planning a £35m bid for Brentford's New Liverpool forward The Frenchman cost £69m from Frankfurt and boss And Ekitike, 23, revealed how much he likes a strike partner. He said: 'I can play alone and also with another striker and that's what makes me versatile. "You know now in football you need to adapt." 2

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store