fintech IRELAND
email / social
  • Home
  • Fintech Ireland Map
    • Fintech Survey
  • News-Insights
    • Consultations
    • News Page Back Up
  • Fintech Hub
  • Events
    • Summit
    • Events-Archive
  • Careers
  • Fintech Authorisations
  • RegTech
  • CRYPTO
  • Fintech Education & Training
  • Fundraising
  • Brexit & Ireland
  • About
    • Fintech Family Network
  • Get Involved

"This is a marker in relation to corporate responsibility" - Peter Oakes on sentencing of former senior Irish banker

21/6/2018

0 Comments

 
Picture
21/06/2018 - "This is a marker in relation to corporate responsibility" Peter Oakes, Former Director of Enforcement at the Central Bank of Ireland (now Founder of Fintech Ireland), discusses how David Drumm's trial will change banking culture

CLICK HERE TO LISTEN


Click Here to visit RTE's website

0 Comments

Fintech Ireland Announces New Careers and FundRaising Features

20/6/2018

0 Comments

 
Picture
**Fintech Ireland's New Careers and FundRaising Features**

First announced on LinkedIN at https://www.linkedin.com/feed/update/urn:li:activity:6415105950356635648 www.linkedin.com/feed/update/urn:li:activity:6415105950356635648


We have enjoyed great support from the #IrishFintech & global #fintech community since we launched four years ago.  We have helped raise the profile of Ireland as a great place to start a fintech business & an equally great place to HQ your European/international operations.

Our collaborators, including Dave Anderson, Peter O'Halloran, Alex Lee & Peter Oakes, have led and run fantastic (AND FREE) events for the fintech community.  They give free time to assist young fintech & regtech #startups, speak at third party events, liaise with government officials & other fintech stakeholders all while holding significant & demanding executive & non-executive roles at leading Irish & international fintech & regtech companies.  

Numerous fintech & regtech companies over the past while have asked me if Fintech Ireland could help bring attention to Fintech Careers & those raising funds.  

I am delighted to announce Fintech Ireland's new #Careers & #FundRaising features.  

Careers - (https://fintechireland.com/careers.html / www.fintechcareers.ie).  NB: It's not a Job, its a Career!

Fundraising -  https://fintechireland.com/fundraising.html 

PLEASE SHARE THESE FINTECH IRELAND INITIATIVES WITH YOUR NETWORK. THANKS! 
0 Comments

Trezeo Founders Garrett Cassidy and Flavien Chalon speak with Peter Oakes on Trezeo's equity crowdfunding raise on Seedrs

18/6/2018

0 Comments

 
Picture
Fintech Ireland: Why has Trezeo gone done the equity crowdfunding path and why now?
 
Trezeo: Trezeo was founded in Dublin in 2016 to help self-employed workers manage their finances. We’ve since evolved to become the only business account that helps the self-employed look beyond their next pay cheque, empowering them to start planning their financial future.
 
In just two years we’ve won places on accelerator programmes, won industry awards, grew the team, developed and launched iOS and Android apps, and have started piloting our solution with customers. Not bad going for two years work. We have far-reaching ambitions, and the opportunity to change the lives of independent and gig-based workers is too great.
 
We’ve got huge aspirations. Trezeo is on a mission to make it more financially viable and exciting to be self-employed. We think the best place to start doing this is to provide financial services and solutions that reduce the uncertainty of income volatility and help customers save automatically for a rainy day or holiday. From there, we want to provide more of the kinds of services that a traditional employer would, but directly to the self-employed, like a pension, life insurance, sick cover and more.
 
To get to where we need to go, like many startups, we need more money to help us build our team and build our product.
 
The next natural step has been talking to investors. Conversations are going well, and we’ve got some keen angels ready to put their money, and experience, behind us. And the team can’t wait to shout out about what we’re doing and the impact we believe that we can make to the self-employed.

Equity crowdfunding is a great way for us to both receive investment and start to spread the word about what we’re doing. It’s a big decision, but it just makes sense for us. We have an experienced team and trusted advisors on board, so we didn’t see the need to focus on taking only institutional investment just yet. It can be really valuable when we’re a bit later-stage and need support scaling, or expanding into a new market. But for now, we think there is more value for us in reaching people who get and love what we’re doing. The self-employed: freelancers, consultants, solo-entrepreneurs, giggers and their families who understand the financial stresses of being their own boss. Not being able to pay bills during slow periods. Not having funds set aside for when you’re sick or something breaks down.
 
Fintech Ireland: Gents, down to the hard number.  How much are you looking to raise?

Trezeo: We are looking to raise about £500,000, but what’s even more important to us is that we get hundreds, if not thousands, of people backing us. A #TrezeoTribe of investors, if you will.
 
Fintech Ireland: There are a number of equity crowdfunding platforms.  What attracted you to www.seedrs.com? 

Trezeo: Raising investment online is risky, sure, but we are putting ourselves out there publicly because we believe that this transparency aligns well with our beliefs, and that building our community this way makes sense.
 
 There are a few core reasons why we believe Seedrs is the best funding partner for us:
  • They are transparent and make investing in startups accessible. These are important qualities for us.
  • They were great to work with - approachable, helpful and thorough.
  • They align their success with that of both portfolio businesses and their investors.
  • It is simple to aggregate larger and smaller investors in a clean, uncomplicated structure.


Fintech Ireland: Thank you Garrett and Flavian.  Best of luck with the fundrasing and will you keep Fintech Ireland updated with your progress?  I am sure that other Irish fintech will be watching with a keen eye or two!

Trezeo: Thanks Fintech Ireland for the coverage and we'll keep you up-to-date with the milestones. 
 
Learn more about Trezeo and get early-access to our Seedrs campaign by registering at trezeo.seedrs.com. And please help us spread the word of our campaign with others via social media and email. 

[Note: this article is a free service and no consideration was exchanged for the purposes of this article.  We simply like to help promote Irish fintech both in Ireland and globally!]
0 Comments

Ostia Solutions - Guest blogs by John Power

15/6/2018

0 Comments

 
Picture
Many thanks to John Power, CEO, Ostia Solutions for permission to carry extracts from his recent blogs.  John is a technical entrepreneur with a track record in the successful creation, growth and sales of technology companies. His vision has led to the Portus technology and inception of Ostia Solutions.  John is also a Member of the Steering Committee at The Irish Centre for Cloud Computing and Commerce (IC4).

Twitter: @ostiasolutions
 ​

​What is Open Banking and how does it relate to PSD2?

Picture
There is much talk in banking circles about what is being called ‘Open Banking’, but what does this mean to consumers, banks and intermediaries and what is the relationship with the EU’s Payment Services Directive V2 (PSD2)? In this series of blogs we will attempt to explain what this means to the different parties and what we are seeing happening in the market around these initiatives.

The concept of Open Banking is being used around the world to describe the goal to make banking more dynamic. In the past, people often opened a bank account with one bank and stuck with that bank for the rest of their lives. Banks often used that fact to ensure that their systems and processes were extremely closed making it extremely difficult to move accounts from bank to bank or use the services of another bank. It also meant using different applications to access information from each different bank.
​

Governments have pushed banks through regulation to make it much easier to switch between providers. While the banks resisted this in the past, it is now a fact of life and the banks know to support this they will need to make their IT systems and processes more accessible. In parallel to this has come a technological revolution enabling consumers to do far more than ever was thought possible on mobile devices. As the banks are now being targeted by high tech, so called ‘challenger banks’, they are attempting to open up their systems for use by small, agile and clever organizations (commonly known as ‘Fintechs’) building products around those banks.

Continue reading at 
https://www.ostiasolutions.com/blog/blog/97-psd2-and-openbanking

​What Does Open Banking Mean to Consumers?

Picture
​The introduction of Payment Services Directive 2 (PSD2) brings a lot of change for financial institutions, but what does Open Banking mean for the consumer?

Open Banking as a concept is targeted such that individuals or large and small businesses can benefit from it. Many use the analogy of what the ‘Open Skies’ policy did for air travel in Europe. ‘Open Skies’ opened up air travel to a wider group of people through competition and resulted in a significant reduction in fares. In this blog we try to foresee what ‘Open Banking’ could mean to your average consumer.

Access to Accounts in one Place
The most obvious benefit will be an ability to see all of your financial information in one place. At the moment, taking the simplest example, when you have bank accounts with different banking institutions, you generally need to install and use multiple applications to see your accounts. When extended to credit cards and mortgages, many banks don’t always offer an ability to see these online. Consider that in the future, Open Banking will offer you an opportunity to see your current financial position in a single application on your phone.

Continue reading at https://www.ostiasolutions.com/blog/blog/98-what-does-open-banking-mean-to-consumers

What Does Open Banking / PSD2 Mean to Banks?

Picture
Many banks have been toying with Open Banking for a number of years now as a way to improve the customer experience, however, they are generally trying to do this only for their own customers. As a concept, this is almost diametrically opposed to what Open Banking is supposed to offer, however, now that the EU has provided the stick that is PSD2 (Payment Services Directive 2), the banks must open up their data to authorized individuals. In this blog we will discuss the issues for the banks and how they might eventually deal with them.

Security and Culpability
This is potentially one of the things that keeps most bankers awake at night. The potential is there for someone to compromise their security and thus steal many millions of euro from customer accounts or simply even customer data with GDPR (General Data Protection Regulation) on the horizon. In the past, only the bank and its own internal applications and some select external partners could access the data. This enabled them to ensure a belt and braces attitude to security and avoid any potential breaches. Most have now moved to include behavioural monitoring to determine if unexpected behaviour is seen on an account. As they open up access to their data, monitoring this will become even harder as determining what is ‘unexpected behaviour’ on an account will be even more difficult as Third Party Providers (TPPs) will find new and unusual ways to use the data to which they have been given access. This is a major challenge for the banks at the moment.

Continue reading at https://www.ostiasolutions.com/blog/blog/99-what-does-open-banking-psd2-mean-to-banks

​Open Banking Ecosystems and Developer Portals Being Delivered by the Banks

Picture

As Open Banking / PSD2 comes into force, the banks that have embraced open banking (and fintech in general) as an opportunity rather than a threat are attempting to engage with the development community, both individual developers and larger development organizations. It is through this engagement that these banks are hoping to benefit from the world of open banking. We will discuss how and why in this article.

What is an Open Banking Ecosystem?

The banks are keen to attract developers and organizations of all sizes to their Application Programming Interfaces (APIs). Many are attempting to create an Ecosystem supporting developers and enabling them to on board and engage with the banks in as frictionless a way as possible. This Ecosystem can consist of a number of things:

  • Open and informative online content about what APIs the bank have available and what they are planning.
  • Documents, white papers and training materials to enable developers to interact easily with the bank’s APIs.
  • Online forums where developers and the bank can engage in open discussion about what is good and bad about the ecosystem so that it can be improved.
  • Workshops, where appropriate, to work through issues with developers.
  • Hackathons, where developers of all sizes can show their skills and socialise their ideas.
  • The final, and most important part of this ecosystem, is the Developer Portal.

Continue reading at 
https://www.ostiasolutions.com/blog/blog/100-open-banking-ecosystems-and-developer-portals-delivered-by-banks
0 Comments

    Author

    Fintech Ireland

    Archives

    December 2026
    December 2025
    March 2025
    February 2025
    January 2025
    December 2024
    November 2024
    October 2024
    July 2024
    June 2024
    May 2024
    April 2024
    March 2024
    February 2024
    December 2023
    November 2023
    October 2023
    September 2023
    August 2023
    July 2023
    June 2023
    May 2023
    April 2023
    February 2023
    October 2022
    July 2022
    June 2022
    April 2022
    March 2022
    January 2022
    December 2021
    July 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    April 2020
    February 2020
    July 2019
    April 2019
    March 2019
    February 2019
    January 2019
    October 2018
    September 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    January 2018
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    March 2017
    January 2017
    December 2016
    November 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    December 2015
    September 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    September 2014
    January 2014

    Categories

    All
    Account Information Services
    AISP
    Anne Boden
    Authorisations
    #bankinginquiry
    Bank Of England
    Bitcoin
    Brian Fahey
    British Embassy Dublin
    Business Post
    CB Insights
    Central Bank Of Ireland
    Challenger Bank
    Chambers And Partners
    Competition And Consumer Protection Commission
    Compliance
    Consultations
    Contributor Articles
    Corporate Governance
    Crowdingfunding
    Crypto Assets
    Cryptocurrencies
    Currency Fair
    Cyber Security
    DeFi
    Department Of Finance
    Digital Assets
    Digital Euro
    Directors Duties
    Disruption
    Dogpatch Labs
    Electronic Money
    EML Payments
    EMoney
    European Commission
    Financial Literacy
    Fintech
    Fintech Abu Dhabi
    Fintech Hub
    Fintech Ireland
    Fintech Ireland Map
    Fintech Ireland Summit
    Fintech Leaders Series
    Funding
    Funds
    Gemini
    Ifs2020
    Ifsc
    Innovation
    International Financial Services Strategy
    Ireland For Finance
    Irish Fintech Companies
    John Berrigan
    Kraken
    Mairead McGuiness
    Marketplace
    MiCA
    Mifid
    Moneycorp
    Money Laundering
    MoonPay
    MyComplianceOffice
    Neobanks
    Newsletter
    Nuapay
    @oakeslaw
    OFX Payments
    Paschal Donohue
    Payments
    Payments Institution
    Paysafe
    Payward
    Peer To Peer
    Peer-to-peer
    Realex Payments
    Regtech
    Regulated Fintech
    Regulation
    Roboadvisers
    Robo Advisors
    Robo-advisors
    Ronan Gallagher
    RTE
    Sandbox
    Sentenial
    Simon Harris
    Square
    SquareUp International
    Starling Bank
    Strategy
    SYNC Payments
    The Project Foundry
    TransferMate
    Unicorn
    Unicorns
    USA Today
    Virtual Assets
    Wealthtech
    Zodia Custody
    Zodia Markets

©Fintech Ireland and ©Fintech.  Fintech Ireland (523657) and Fintech (523656) are registered with the Companies Registration Office in Ireland
www.fintechireland.com / www.fintechireland.ie / www.irishfintech.ie / www.irishfintech.com / www.fintechcareers.ie
Privacy Policy