Galway fintech pioneer ramps up new payment venture

Fintech entrepreneur Gerard Barry is set to launch his first major business since he sold Fintrax for €170m in 2012.

Priviti, where Barry is the founder and chief executive, has developed an innovation that could provide major solutions to banks, providing deeper security for customer transactions. It has been well received by the industry as something that could potentially sit behind banks’ own online platforms.

From early next year, two game-changing European directives ...