Allied Irish Banks news and trends

Bitcoin Daily: Delays In New EU AML Rules Leave Irish Crypto Firms No Access To Financial Services

May 06, 2020
Irish bitcoin ATM operator Boinnex had its account deleted by AIB
First Data, AIB Acquire Stake In Payzone
Partnerships / Acquisitions // April 23, 2019

Allied Irish Banks (AIB) and First Data have teamed up to buy a majority stake in card payment company Payzone for an enterprise value of up to 100 million euros ($113 million), according to a news release. Carlyle Cardinal Ireland sold the stake and Arma...

Allied Irish Banks Fined For Anti-Money Laundering Compliance Failures
Security & Fraud // April 27, 2017

Allied Irish Banks was hit with a $2.2 million fine by the Central Bank of Ireland due to compliance failures with anti-money laundering and terrorist financing rules. According to a report in Bloomberg News, in addition to the fine, the central bank reprimanded Allied Irish Banks (AIB)...

Quick Reads
Bitcoin Daily: Delays In New EU AML Rules Leave Irish Crypto Firms No Access To...

May 06, 2020
Irish bitcoin ATM operator Boinnex found itself facing roadblocks from Allied Irish Banks (AIB), which shut down its account and said it didn’t want to deal with an unregulated form like cryptocurrency, according to CoinDesk. That forced the entire operation to shut down for six weeks until founder Bryan Tierney was able to establish another […]

First Data, AIB Acquire Stake In Payzone

April 23, 2019
Allied Irish Banks (AIB) and First Data have teamed up to buy a majority stake in card payment company Payzone for an enterprise value of up to 100 million euros...

Allied Irish Banks Fined For Anti-Money Laundering Compliance Failures

April 27, 2017
Allied Irish Banks was hit with a $2.2 million fine by the Central Bank of Ireland due to compliance failures with anti-money laundering and terrorist financing rules. According to a...