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The Advancement of Automation

Though technologies of automation and artificial intelligence (AI) are not new, recent advancements are pushing the limits of what devices can do. There have been remarkable developments of AI, machine learning, and robotics that are bringing automation to a whole new level. The intelligent automation lead of Avanade UK and Ireland, Max Vicino, discussed the …

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Rebound of Residential Construction in Ireland

Following the end of lockdown restrictions on the building sector in Ireland back in April, home construction has been on a strong rebound. According to the most recent GeoView Residential Buildings Report, almost 19,000 houses were under construction throughout June. This figure is a 38.4 percent increase from the previous year.  The CEO of GeoDirectory, …

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ESB Makes Cuts To Mortgage Rates

Many EBS customers will be able to save on their current mortgages after an announcement from the building society made a statement that the company will be cutting its three- and five-year mortgages by 0.15 percent. The new rate came into effect last Thursday. EBS is a financial institution of Ireland that services over 400,000 …

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Crypto Companies Head to Ireland

Over time, Ireland has become one of the most desirable technological hubs for companies to create branches in. In particular, cryptocurrency companies are heading to the EU member state to help support their operations in Europe. The companies opening branches in Ireland are doing so with the hopes of filling new positions. The California-based cryptocurrency …

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How Can Ireland Expand Its Regtech Industry?

The most prominent industry in Ireland’s fintech sector has been payments for a long time. However, regulatory technology, or regtech, has quickly been growing and expanding its reach internationally.  Regtech is a bit less known because it does necessarily offer direct services to consumers. Instead, it includes technologies that allow regulated bodies, such as banks …

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New Anti-Money Laundering Reform in Ireland

Banks in Ireland have adopted what some consider to be “radical” reform measures from the EU. These new regulations regard anti-money-laundering guidelines that would have the bloc oversee the riskiest of firms and crypto traders.  The newly established authority of 250 employees will look for any transactions occurring across border lines that they find to …

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