The global banking and finance sector faces numerous challenges, from the rise of cybersecurity threats and intricate regulatory demands to the growing need for climate-aligned investments. Emerging technologies in digital currencies and alternative lending platforms offer compelling opportunities, but seizing them requires nuanced expertise to be fully realised.
Today, Enterprise Ireland supports a robust network of around 200 Irish companies in fintech and financial services, with these firms collectively employing nearly 10,000 people. Mr Kevin Ryan, ASEAN director for Enterprise Ireland, said: “The world’s leading companies are using Irish technology and fintech to transform their businesses. Enterprise Ireland client companies, including Daon, TransferMate, GetVisibility and Fexco, do this by delivering tailored offerings to the Asia-Pacific markets.”
It is currently partnering with major banks in Singapore, including DBS, OCBC and UOB, to strengthen employee training in regulatory compliance.With escalating threats targeting financial data, cybersecurity remains a priority for banks in Asia Pacific., a digital identity verification specialist, offers KYC platforms that integrate biometrics and facial recognition to secure databases and verify customers.
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