AIB Group

97 results about this entity

Period: 10 Apr 2007 - 27 Sep 2024

/cloud

AIB signs €65 million deal with IBM

Irish bank AIB has signed a €65 million, three-year deal with IBM to provide a clear pathway to a hybrid cloud technology environment.

/payments

Irish banks’ mobile payments plan hits roadblock

A payments app developed by Ireland’s high street banks to compete with digital banks has hit a snag after it was announced that the Competition and Consumer Protection Commission (CCPC) would launch an investigation.

/startups

Allica Bank buys AIB SME loan book

Challenger Allica Bank has boosted its profitability ambitions by agreeing to buy the £600 million British small business loan book of Allied Irish Bank.

/payments

Irish banks commit €5 million to payment app joint venture Synch

Four of Ireland's largest banks have committed a further €5 million to the establishment of a multibank payments app as a rival to alternative offerings from non-bank competitiors like Revolut.

/people

AIB prioritises financial literacy with skills programme for 12-18-year-olds

In an effort to support 500,000 customers with their financial literacy, communication, critical thinking, and digital innovation by 2023, AIB has launched a skills programme for 12-18-year-olds called Future Sparks.

/sustainable

AIB hones in on ESG with social bond framework

AIB has launched a Social Bond Framework paving the way for the bank to issue a Social Bond in the near future to further support communities across Ireland. The move comes at a time when Euro issuance of bonds for Environmental, Social and Governance (ESG) purposes looks set to exceed €350bn this year*.

/payments

AIB Merchant Services launches data insights tool to support businesses emerging from lockdown

AIB Merchant Services, Ireland’s largest payment solutions company, has launched ‘Main Street Insights’, an online tool that will enable small and medium sized businesses to access key insights and analytics.

/security

80% of Irish targeted by fraudsters

Four in five people in Ireland say they have received a text, call or email in the last year that they believe was from fraudsters, according to an AIB survey.

/sustainable

AIB pledges €1.25m to fund Chair of Sustainable Business in Ireland at University College Cork

AIB has announced a partnership with University College Cork (UCC) which will see the bank fund The AIB Chair of Sustainable Business, the first of its kind in Ireland.

/payments

Allied Irish Banks signs with Planixs for liquidity management

As one of the largest banks in Ireland, AIB monitors and funds numerous accounts in all the major global currencies on a daily basis, equating to a significant amount of transactions.

/payments

Irish banks club together on real-time payments app

Four of ireland's largest banks are joining forces to create a multi-bank payments app, according to the Irish Times.

/people

AIB to cut 1500 jobs

Allied Irish Bank plans to cut 1500 jobs by 2023 in an effort to cut costs by £1.35 billion and reshape its business to reflect the digital shift seen since the outbreak of the Covid crisis.