A FinTech Strategy for Ireland
Categories : Technology and FinTech, Technology and Operational Enablers
Posted:
Author: Sarah Corley
This document aims to set the scene with a definition of FinTech and an overview of FinTech in Ireland and Globally – setting out key investment statistics which demonstrate the significant growth in FinTech which has taken place. It then examines the key success factors or attributes of a well-functioning FinTech eco-system and analyse Ireland within each, showing the current status across Talent; Capital; Policy; Demand and Technology. This is set within a global context with key characteristics of other competing jurisdictions also highlighted. Finally it looks to draw out Ireland’s key competitive advantages and provide a set of recommendations across six key categories:
1. Stronger FinTech Eco-System
2. FinTech’s Talent pipeline of the Future
3. Financial Technology and Regulator engagement model of the future
4. FinTech’s Capital Injection
5. FinTech Brand – Driving Demand
6. Technology Capability