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Minister launches new €3m research project in Killorglin

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ANNOUNCEMENT: Minister for Finance, Public Expenditure and Reform, Paschal Donohoe TD was at Fexco Headquarters in Killorglin to launch FINTECHNEXT. From left: Dr Ciar‡n Seoighe (Deputy Director General, Science Foundation Ireland), Denis McCarthy (CEO Fexco) and Professor John O'Halloran (Deputy President UCC). Photo: Valerie O'Sullivan

Minister for Finance, Public Expenditure and Reform, Paschal Donohoe TD was in Killorglin on Friday last to launch FINTECHNEXT – a new €3 million research project which will run for four years from 2019 to 2022.

The project is a financial technology (fintech) research collaboration between technology company FexcoUniversity College Cork (UCC) and Science Foundation Ireland (SFI).

The €3 million investment in the project will be provided by Science Foundation Ireland and Fexco in equal parts, with critical knowledge and expertise provided by researchers at the Cork University Business School (CUBS) within UCC.

The collaboration will see a team of 12 newly appointed researchers led by UCC, partner with Fexco in the delivery of applied and funded research dedicated to disrupting three key fintech verticals; Treasury and FX, Digital Taxation, and Corporate Asset Administration.

The research team will be co-located between Fexco Headquarters, where the company already employs over 1,000 of its global 2,300 strong workforce, and UCC. This collaboration, led by Professor Philip O’Reilly of CUBS, aims to stimulate the joint development of innovative solutions that will put Ireland on the world map as a fintech innovation hub. In July 2018, Fexco announced plans to recruit 175 additional high-skill staff to expand its research, development and information technology capabilities.

“Investment in research is key to developing and delivering the next generation of products, services and innovations that will disrupt the fintech sector, an industry that has been critical to the continued growth and development of the south west of Ireland and of Fexco,” Denis McCarthy, CEO Fexco, said.

“Fexco will enjoy a dual benefit from this project, the first is the opportunity to be at the forefront of identifying new trends and technologies that could create new markets for our business and the second in welcoming a team of world-renowned research experts to the organisation. Fexco’s staff, including myself, stand to learn a huge amount from them, and I want to wish all of the partners in FINTECHNEXT every success.”

 

 

 

 

 

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Milltown plan to preserve history in community project 

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The Milltown History and Heritage Society has announced plans for an oral history archive for the community.

It is hoped that the collection and preservation of stories and folklore will be a valuable resource for future generations.

Oral history expert and historian Dr Tomás Mac Conmara will speak in Milltown in support of the launch.

Dr Mac Conmara, who is an award-winning oral historian, lecturer and author, will speak at the Muintir na Tíre Hall in Milltown at 8pm on Friday, October 24 and will introduce the fundamentals for the collection of oral history.

The presentation is free of charge and is supported by funding from the Creative Communities Grant Scheme 2025.

Attendees will be introduced to the practical skills required in interviewing, recording and documenting local heritage.

Stewart Stephans of the Milltown History and Heritage Society said they are excited to have Tomás to set them on the right path towards the development of the archive.

He said: “The collection and retention of oral history needs to be approached properly, drawing on the right advice and maintaining high standards, so we are pleased to be getting the input of such a renowned expert.” The event is open to anyone who would like to attend.

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Network Ireland Kerry discuss sustainable success

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Network Ireland Kerry held their third annual collaboration event last Wednesday at the Rose Hotel, Tralee. The theme was: “The Journey to Sustainable Success” which brought three industry experts together to talk about their own journey to sustainable successful.

Business professionals, entrepreneurs, and financial leaders came together for this highly anticipated event to learn about the journey from becoming a start-up, to a small-to-medium enterprise (SME), and a large SME.

The event was opened by AIB Branch Liaison for Network Ireland Kerry and AIB Castleisland Branch Manager, Colleen Shannon. It was MC’d by AIB Tralee Branch Manager, Stephen Stack.

Sarah Farrar of AINMHÌ, Garrett Dillon of Mr. Binman and Dillon Waste Ltd. and Susan Quirke-Crowley of Mounthawk Montessori School Group were among the speakers at the event.

These leaders spoke about their challenges, milestones, and breakthroughs they encountered, from launching an idea to scaling operations nationally.

Tara Elzingre of Tara Elzingre Consultancy, Zaneta Labuz-Czerwein of Rustic Boowa and Sharon Hartnett of U Coaching promoted their businesses for ‘Minute on the Mic’

Emily Reen, Network Ireland Kerry President, described the event as a testament to the power of partnership. She said: “The event underscored a powerful message: sustainable business success is not a solo journey. With the right partnerships, teams and financial tools, businesses of all sizes can grow with purpose, resilience, and long-term impact.”

Network Ireland Kerry will host their next monthly event on November 12 in Killarney and in collaboration with the Kerry Local Enterprise Office, titled: “Gain Competitive Advantage in Your Business”. This event will be MC’d by Karen Ronan, 2025 National Vice President of Network Ireland and CEO of Galway Chamber. This event is open to non-members and members, and everyone is welcome from 6 pm for networking and refreshments, with the event taking place from 6.30 pm to 8.30 pm.

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