Accenture's Fintech Innovation Lab is landing in Ireland, with banking and tech giants throwing their weight behind the Dublin-based accelerator programme.
AIB today (Wednesday 24 September 2014) announced a major investment in a seven year Partnership and Innovation Initiative with UCD. The initiative was unveiled at the launch of AIB's newly refurbished student branch at UCD's Belfield Campus.
AIB Merchant Services, a merchant acquiring joint venture between Allied Irish Banks p.l.c. and First Data Corporation, today became the first Irish merchant acquirer to add the Chinese card UnionPay to its list of available card schemes.
AIB today announces the appointment of its new Chief Operating Officer, Stephen White. He will take up the role on July 28th and will be a member of AIB's Leadership Team.
Inconsistencies in the Irish banking industry's attitude to crypto-currencies have emerged after Bank of Ireland refused to let a bitcoin ATM outfit open an account before AIB stepped in to say it could work with the firm.
Mobile contactless payments may be struggling to take off but Allied Irish Bank has found a use for NFC technology, tapping it for an advertising campaign for a new P2P payments service.
AIB notes the European Commission proposal of an additional transition period until 1st August where non-SEPA payment formats can be accepted by banks.
Allied Irish Bank (AIB) has enlisted Hitachi to overhaul its entire IT storage environment as part of a wider effort to become a more digitally-focused operation.
Allied Irish Bank (AIB) has radically overhauled its approach to technological innovation, adopting a start-up culture in a bid to get new services to market in weeks rather than years.
Irish banks AIB and Permanent TSB say that they suspect that some of their customers have fallen victim to card fraud after a massive data breach at loyalty points outfit Loyaltybuild.
© Finextra Research 2014