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Synch

Banking

Yippays put on hold: Revolut’s Irish rival will not arrive until 2023 at earliest

Synch, the shared payments system devised by Irish banks, has received competition clearance but there is no timeline yet for launch of its app, which is to be known as Yippay
  • Peter O'Dwyer
  • June 25, 2022
Banking

Synch payments platform gets green light from competition watchdog

Joint venture mobile payments app proposed by traditional Irish banks initially delayed amid competition fears
  • Eva Short
  • June 16, 2022

Full investigation to be launched into Irish banks’ proposed shared payments company

Planned rival to Revolut called ‘Yippay’ will be the subject of a CCPC inquiry to determine if it could lead to less competition in the state
  • Peter O'Dwyer
  • December 8, 2021

BoI freezes work on new instant payments app

Activity on the development of Synch has been suspended since early June as the bank prioritises other IT projects instead
  • Lorcan Allen
  • August 1, 2021

CCPC rejects a notification from banks of their plans to develop a shared payments app

Country’s competition watchdog says not enough information was provided on the project aimed at challenging Revolut and N26
  • Peter O'Dwyer
  • January 21, 2021

Will the new Synch app change the face of Irish banking?

Eight years after Swish was launched onto the Swedish market, Synch, an Irish banks’ joint venture, is hoping for similar success with its platform here
  • Peter O'Dwyer
  • January 17, 2021

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