DUBLIN: Dave Tighe, head of open enterprise and innovation for Bank of Ireland explains how the bank is nurturing Irish entrepreneurs with partnerships, funds, mentoring and collaborative work spaces. When Bank of Ireland put open banking at the heart of its growth strategy, we knew that co-operation and innovation would be the keys to success. This meant working closely with fintechs to make us more competitive, and embracing the wider community of technology companies that might provide innovative, value-added solutions for our customers.
We decided to create an ecosystem that was as open as possible and that would allow us to work with lots of different tech partners – from start-ups, through scale-ups to well-established companies. Our ecosystem is a truly symbiotic system that benefits everyone and, most importantly, our customers. But that’s not all. Our ecosystem is global; we don’t just work in Ireland. Our global footprint enables domestic tech firms that we work with to move more quickly on to a global stage. And when those tech companies are focused on banking, we get early access to the solution.
