Fintech finds favour

It takes a brave person to bet against the bank, but some fintech entrepreneurs are doing just that. Others, however, are choosing to work with traditional financial services players. In both cases, a new initiative from Enterprise Ireland is hoping

Geraldine Gibson, AQ Metrics; Mary Mitchell OConnor, Minister for Jobs; Leo McAdams, Enterprise Ireland and Brett Meyers, Currency Fair

When George Soros bet against the bank — in his case the Bank of England — he did it literally, and almost bankrupted Britain while he was at it. A new generation of entrepreneurs has a somewhat less literal interpretation of the term. The financial technology, or fintech, industry is setting out to use software to revolutionise financial services, either by replacing it, or working with banks to streamline it.

To this end, ...