Ireland news and trends

Nexi and Payac Team on Instant Credit Union Payments
Partnerships // July 30, 2024

Nexi has signed a partnership with credit union-owned payment service provider Payac. The agreement allows for SEPA instant payments to all participating credit unions in the Republic of Ireland, the companies said in a Tuesday (July 30) news release. “As a result of this partnership, 176 credit unions...

TikTok Reportedly Bringing In-App Shopping to Spain and Ireland
eCommerce // July 23, 2024

TikTok is reportedly planning to roll out in-app shopping for users in Spain and Ireland. The launch could come as soon as October, Bloomberg News reported Tuesday (July 23), citing sources familiar with the matter. Those sources say the launch will be smaller than previously...

Amazon to Launch Dedicated Online Store in Ireland in 2025
Amazon // May 09, 2024

Amazon will launch a dedicated online store in Ireland in 2025. The new Amazon.ie will offer more products from Irish businesses; low, local prices; and no additional customs charges, the company said in a Wednesday (May 8) press release. “This underscores our continued commitment to Ireland and will bring a wide selection...

Treyd Expands Inventory Financing Solution to Ireland 
B2B Payments // December 18, 2023

Swedish-based FinTech company Treyd has expanded its “sell first, pay suppliers later” service to Ireland.  “This marks a fantastic opportunity for Irish SMEs [small- to medium-sized enterprises] to embrace a fresh approach to financing their inventory,” the company said in a Friday (Dec. 15) post on LinkedIn.  This...

Interviews & Exclusives
Gulf Winds’ Data Driven Approach To Member Retention

December 23, 2019
Credit unions remain strong, despite the many challenges they face. The G.19 Statistical Release, “Consumer Credit,” recently found that CUs hold $64.4 billion in credit card debt and $382.9 billion in car loans, a 6.9% and 4.1% year-over-year increase, respectively. However, it is a quickly changing industry, thanks to digital banking. Its omnipresence is altering […]

What Brexit Uncertainty Will Mean For Ireland’s FinServ Future

September 19, 2019
The Brexit saga is a case study in uncertainty ever since then-British Prime Minister David Cameron stepped down June 24, 2016, the day after the referendum vote unexpectedly ruled in...

Minister Of State On Ireland’s Post-Brexit Financial Services Landscape

April 12, 2018
Brexit looms large for Ireland amid trade and border concerns. But opportunity abounds, says minister of state Michael d'arcy, as financial services and Fintech beckon...and even the U.S. and China...

Quick Reads
Irish Data Regulators Put Google AI Model Under Review

September 12, 2024
A European regulator is investigating whether Google’s artificial intelligence model complies with privacy laws. Ireland’s Data Protection Commission (DPC) is examining whether the tech giant performed a legally required data protection impact assessment before processing European Union residents’ personal data used in its Pathways Language Model 2, according to a Thursday (Sept. 12) press release. […]

Nexi and Payac Team on Instant Credit Union Payments

July 30, 2024
Nexi has signed a partnership with credit union-owned payment service provider Payac. The agreement allows for SEPA instant payments to all participating credit unions in the Republic of Ireland, the companies said in...

TikTok Reportedly Bringing In-App Shopping to Spain and Ireland

July 23, 2024
TikTok is reportedly planning to roll out in-app shopping for users in Spain and Ireland. The launch could come as soon as October, Bloomberg News reported Tuesday (July 23), citing...

Amazon to Launch Dedicated Online Store in Ireland in 2025

May 09, 2024
Amazon will launch a dedicated online store in Ireland in 2025. The new Amazon.ie will offer more products from Irish businesses; low, local prices; and no additional customs charges, the company said in a Wednesday (May 8)...