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Jaja Buys Bank Of Ireland UK Card Business

PYMNTS

To acquire the Bank of Ireland’s U.K. credit card business, mobile-first company Jaja will pay an initial cash consideration of $671 million at current rates. The FinTech firm will also serve as the consumer credit card issuer for the AA and the bank’s U.K. s Automobile Association and a Bank of Ireland branded card.

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Brexit Raises The Stakes For B2B Payments Fraud

PYMNTS

In this week's B2B Data Digest, PYMNTS breaks down the numbers behind the latest cases of fraud, including the growing risks of small business loan fraud, a case of expense fraud, and the ever-persistent Business Email Compromise risk intensified by Brexit uncertainty. In another case, the Bank of Ireland intercepted a $1.34

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Banking Technology Vision 2021: Key trends for UK and Irish banks

Accenture

For the past 21 years, Accenture’s Banking Technology Vision has pinpointed the emerging tech trends with the greatest potential to disrupt businesses and the industry. Reading this edition of the Banking Tech Vision I felt it stood out from all the previous ones—especially from the perspective of the industry in the UK and Ireland.

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London FinTech SumUp Gets Digital Money License From Irish Central Bank

PYMNTS

Global payments startup SumUp announced it has been granted a new electronic money (eMoney) license from the Central Bank of Ireland. The new license from Ireland’s financial services regulator will enable SumUp to offer its services across 26 European countries.

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Melior Equity Partners Announces Investment in Salmon Software

Bobsguide

Dublin, 1 April 2022: Leading Irish private equity firm, Melior Equity Partners, has agreed an investment in Salmon Software, a fast-growing financial software business that provides customers with a world-class treasury management software system.

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

PYMNTS

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. Cryptocurrency still isn’t recognized by the Central Bank of Ireland as a legitimate form of payment.

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Large Corporates Find Value In Bank-FinTech Connectivity Too

PYMNTS

Small businesses are a growing target for bank-FinTech collaborations and data integration initiatives as financial service providers explore new use cases for open banking. Based in Silicon Valley, Plaid said it has so far enabled integrations with 15,000 banks across the U.S. Plaid’s Global Expansion. and Canada.

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