Tag: international

How Irish Tech Startups Are Scaling Globally in 2026

Ireland’s startup ecosystem is experiencing its most explosive growth period yet. With over 2,200 tech startups employing approximately 55,000 people and the government committing €1.5 billion from the National Training Fund for digital skills development, 2026 is shaping up to be a breakout year for Irish innovation. From AI-driven fintech to medtech exports, Irish companies are making their mark on the global stage, but success in international markets comes with one persistent challenge: multilingual content localization.

For Irish tech founders preparing to pitch in Paris, launch e-commerce platforms across Europe, or scale SaaS products to Asia, the localization bottleneck remains real. Pitch decks, product pages, investor emails, and technical documentation all need fast, high-quality translations that won’t delay go-to-market timelines or compromise message clarity. And when no one on the team speaks the target language fluently, trust in AI translation output becomes a critical concern.

Ireland’s Tech Boom: The Numbers Behind the Growth

The Irish tech sector’s momentum in 2026 is nothing short of remarkable. The industry now contributes over €48 billion to Ireland’s economy, with AI alone projected to add €250 billion by 2035. Dublin’s “Silicon Docks” hosts tech giants like Google, Microsoft, and Facebook, but it’s the indigenous startups that are making headlines.

In 2024, Irish tech companies raised €400 million across various sectors, with cybersecurity leading at €101 million, fintech at €75 million, and travel-tech at €61 million. Tines became Ireland’s second unicorn of 2025 after raising $125 million in a Series C round, while companies like Wayflyer achieved unicorn status with a valuation of $1.6 billion.

According to Deloitte’s Technology Fast 500 list, 20 Irish companies featured among Europe, the Middle East, and Africa’s fastest-growing tech firms, with companies like Wayflyer and Fibrus achieving growth rates exceeding 3,000% over four years. This explosive growth reflects not just local success but global ambition, and that ambition increasingly means navigating multilingual markets.

Why Do Irish Startups Need Multilingual Content Localization?

As Irish companies expand beyond English-speaking markets into France, Germany, Spain, and beyond, they face a fundamental truth: 76% of consumers prefer to buy products with information in their native language. More striking still, nearly 60% of consumers rarely or never purchase from websites available only in English, a trend noted in a Tomedes blog article.

The localization challenge isn’t just about translation, it’s about trust, compliance, and speed to market. A poorly localized pitch deck can cost a Dublin fintech its Paris funding round. A mistranslated product description can damage a Cork e-commerce brand’s reputation in Munich. And for startups racing against well-funded competitors, every day spent on translation delays is a day lost.

The Traditional Translation Bottleneck

Historically, Irish startups expanding to Europe faced several localization pain points:

  • Time constraints: Traditional translation agencies often require weeks for turnaround, delaying product launches and investor meetings
  • Cost barriers: Professional human translation for multiple languages can drain early-stage budgets, with costs reaching thousands of euros per project
  • Quality concerns: While machine translation has improved dramatically, founders worry about accuracy in critical documents like legal contracts, investor materials, and technical specifications
  • Internal expertise gaps: Most Irish startup teams lack native speakers for target languages, making quality assessment difficult

According to research on startup localization challenges, companies that delay localization often face steeper barriers later, it can take nearly two years to retrofit systems built with single-language assumptions.

How Are Irish Startups Overcoming Localization Barriers?

The translation technology landscape has evolved dramatically. The global machine translation market was valued at USD 1.12 billion in 2025 and is expected to reach USD 2 billion by 2030, growing at a CAGR of 12.30%. Neural machine translation now holds nearly 49% market share, thanks to a transformer-based architecture that delivers contextually accurate results.

But raw AI translation alone isn’t enough. Startups need confidence that their translated content is accurate, especially when dealing with high-stakes materials like investor decks, regulatory documents, and product specifications.

This is where consensus-based translation platforms like MachineTranslation.com are changing the game. Their SMART feature represents a breakthrough in translation confidence for non-linguist teams.

What Makes SMART Different?

Unlike traditional approaches that force users to choose between multiple AI translation engines, SMART automatically aggregates outputs from leading translation engines and selects the most agreed-upon translation for each sentence. Think of it as a “wisdom of the crowds” approach to AI translation, when multiple advanced AI systems agree on a translation, confidence in accuracy increases dramatically.

For Irish startups, this means:

  • Faster decision-making: No more manually comparing outputs from Google Translate, DeepL, and Microsoft Translator
  • Higher confidence: When multiple AI engines agree, teams can trust the output without extensive post-editing
  • Reduced review cycles: Non-linguist team members can approve translations faster, accelerating time-to-market
  • Cost efficiency: Less time spent on review means lower localization costs overall

Real-World Use Case: Localizing a Fintech Pitch for French Investors

Consider a Cork-based fintech startup preparing to pitch to venture capital firms in Paris. The founders have built an impressive product, secured early traction in Ireland and the UK, and identified French VCs as their next funding target. But they’re facing a tight timeline, their Series A pitch meeting is in two weeks.

They need to translate:

  • A 20-slide pitch deck with financial projections and market analysis
  • A 10-page executive summary
  • Product demonstration scripts
  • Email correspondence with potential investors

The Old Approach: 

Hire a translation agency, wait 5-7 business days, pay €2,000-3,000 for professional translation, then hope the French investors don’t notice any cultural nuances that feel “off.”

The 2026 Approach with SMART: 

Upload documents to MachineTranslation.com, select English → French AI translation, and let SMART aggregate translations from multiple neural engines. Within hours, the team has high-confidence translations for review. Because SMART surfaces consensus translations, the founders can identify which sections multiple AI engines agree on (high confidence) and which might need human review (lower consensus).

Result: 

The pitch deck is ready in 24 hours, the team saves €2,500, and they have time to rehearse their presentation instead of waiting on translations. More importantly, the SMART-powered translations capture financial terminology accurately because multiple specialized AI engines have validated the output.

Scaling Product Pages Across Six European Languages

For e-commerce startups, the localization challenge multiplies with every market entry. An Irish direct-to-consumer brand launching across Europe might need product descriptions in French, German, Spanish, Dutch, Polish, and Italian—potentially thousands of SKUs across multiple languages.

The E-Commerce Localization Challenge

Traditional approaches force startups to choose between:

  • Speed: Use raw machine translation and risk awkward phrasing that hurts conversion rates
  • Quality: Pay for professional translation and blow the marketing budget before the campaign launches
  • Scale: Pick only 1-2 languages instead of fully localizing for all target markets

This compromise leaves money on the table. Research shows that localized content can increase engagement by up to 2,500%, making proper localization a competitive advantage, not just a nice-to-have.

The SMART Solution for E-Commerce

With over 100,000 language pair combinations available on advanced translation platforms, Irish e-commerce brands can now automate product localization at scale. But automation without confidence creates risk—a mistranslated size chart or ingredient list can trigger customer complaints or regulatory issues.

SMART addresses this by:

  1. Processing high volumes quickly: Translate 1,000 product descriptions across 6 languages in hours, not weeks
  2. Flagging uncertainty: When AI engines disagree significantly on a translation, SMART alerts the team to review that specific content
  3. Maintaining consistency: Glossary management ensures brand terms and product names stay consistent across all languages
  4. Reducing post-editing: Because SMART surfaces consensus translations, human reviewers focus only on edge cases rather than validating every sentence

For a growing e-commerce startup, this means launching in Madrid, Milan, and Munich simultaneously instead of rolling out markets sequentially—compressing internationalization timelines from 18 months to 6 months.

Why Consensus Translation Matters in 2026

The fundamental shift in 2026 is this: AI translation is no longer about choosing the “best” engine. It’s about leveraging multiple AI systems to build confidence through consensus.

The Trust Gap in AI Translation

Despite massive improvements in neural machine translation, non-linguist teams still face a trust gap. When a Dublin SaaS founder reviews a German translation of their product documentation, they’re asking:

  • Is this technically accurate?
  • Does it sound natural to native speakers?
  • Will it damage our brand if we ship this?

Without native German speakers on the team, answering these questions traditionally meant:

  • Hiring expensive consultants for spot-checks
  • Sending translations to freelance reviewers and waiting days
  • Simply hoping the AI got it right and dealing with problems later

SMART fills this gap by making AI consensus visible. When 4 out of 5 leading translation engines agree on how to translate a complex technical sentence, confidence increases. When engines disagree, the system flags that sentence for human review.

Beyond Translation: The Broader Localization Context

While translation quality is critical, it’s just one piece of the localization puzzle. Irish startups expanding globally must also consider:

Cultural adaptation: 

Colors, imagery, and messaging that work in Dublin might not resonate in Tokyo. German B2B buyers expect different proof points than French consumers.

Regulatory compliance: 

GDPR in Europe, data privacy laws in Asia, and advertising standards vary by country. According to industry research, regulatory missteps can lead to fines that threaten early-stage companies.

Payment localization: 

Irish startups using Stripe or other payment processors need to offer local payment methods, iDEAL in the Netherlands, Bancontact in Belgium, SEPA transfers in Germany.

Customer support: 

75% of consumers prefer products available in their native language, and that extends to support channels. Translated FAQs and email templates become essential.

Tools like SMART handle the linguistic foundation, allowing startups to focus resources on these higher-level localization challenges.

How Do Irish Startups Scale Globally Today?

Beyond translation technology, Irish startups benefit from several structural advantages in 2026:

Government Support Infrastructure

  • Enterprise Ireland continues investing heavily in internationalization, with €27.6 million allocated to 157 startups for global expansion support
  • The High Potential Start-Ups (HPSU) programme provides financial incentives and market access support
  • R&D tax credits at 25% encourage continued innovation investment

Strategic Geographic Positioning

Ireland’s location between the US and Europe, combined with its status as the only English-speaking EU member state post-Brexit, makes it an ideal launchpad for European expansion. According to recent insurtech data, 28% of Irish tech firms already report sales into the UK, 15% into Europe, and 14% into the US.

Access to Talent and Capital

The €1.5 billion National Training Fund investment is producing skilled tech talent, while venture capital investment in Ireland surged to $668 million in Q1 2025, up from just $34 million in Q1 2024.

What Types of Content Benefit Most from SMART Translation?

Not all content requires the same translation approach. SMART delivers maximum value for content types where accuracy is critical but full human translation would be cost-prohibitive:

Investor Materials

Pitch decks, executive summaries, and financial projections require precision. A mistranslated revenue projection or market size estimate can undermine investor confidence. SMART’s consensus approach ensures financial terminology and metrics are translated consistently across documents.

Internal Documentation

As Irish startups hire internationally, internal wiki pages, onboarding materials, and process documentation need translation. SMART allows companies to maintain multilingual documentation without dedicated translation budgets.

Legal and Compliance Documents

While final legal contracts should always involve professional legal translators, early drafts, NDA templates, and compliance checklists benefit from high-confidence AI translation. SMART flags legally complex sentences where terminology consensus is low, directing legal review where it matters most.

Product Copy and Marketing Materials

Product descriptions, feature lists, and marketing emails need to be both accurate and persuasive. SMART helps marketing teams localize content quickly while maintaining brand voice consistency through glossary management.

Technical Documentation

API documentation, user guides, and technical specifications contain domain-specific terminology. When multiple AI engines trained on technical corpora agree on translations, development teams can confidently publish localized documentation.

How Does Machine Translation Quality Compare in 2026?

The quality gap between human and machine translation has narrowed dramatically. Neural machine translation models now achieve BLEU scores (a standard quality metric) that approach human parity for common language pairs like English↔French and English↔German.

However, challenges remain for:

  • Low-resource languages: Irish Gaelic, Icelandic, and other smaller languages still benefit from human expertise
  • Creative content: Marketing slogans, brand messaging, and culturally nuanced copy often require transcreation, not just translation
  • Highly regulated content: Pharmaceutical documentation, medical device manuals, and legal contracts still demand human translation and legal review

For the majority of business content, product descriptions, internal communications, investor materials, and technical documentation, AI translation with consensus validation (like SMART) delivers sufficient quality for international operations.

What Challenges Remain for Irish Startups Scaling Globally?

Despite improved translation technology and strong government support, Irish startups still face scaling challenges:

Talent Competition

Dublin’s tech scene faces stiff competition from multinational corporations offering higher salaries. As noted in recent industry analysis, companies like Google, Meta, and Microsoft often poach talent from startups.

Funding Valley

While seed funding is accessible through Enterprise Ireland and local VCs, Series A and B funding remains challenging. Many promising Irish companies stall at the growth stage due to limited growth-focused investment.

Infrastructure Costs

Despite cloud computing reducing hardware expenses, operational costs in Dublin remain high. Startups increasingly establish remote teams or satellite offices in Cork, Galway, and Limerick to manage costs.

Market Understanding

Beyond language, Irish founders must understand local business practices, purchasing behaviors, and competitive dynamics in target markets. A SaaS startup that succeeds in Ireland might need to completely restructure its go-to-market strategy for Germany’s enterprise market.

The Future of Irish Tech Expansion

Looking ahead, several trends will shape how Irish startups scale globally:

AI-First Localization

The AI translation market is projected to reach $4.50 billion by 2033 at a 16.5% CAGR. This growth reflects increasing AI sophistication and startup adoption. Tools like SMART represent the first wave, consensus-based validation. Future iterations will incorporate:

  • Real-time translation for video content and customer support
  • Context-aware translation that understands company-specific terminology
  • Automated cultural adaptation suggestions beyond pure language translation

Hybrid Work and Global Teams

Irish startups increasingly hire globally from day one. A Dublin founder might have developers in Poland, customer success in Spain, and sales in Germany. This necessitates robust multilingual communication infrastructure—not just for customer-facing content but for internal operations.

Regulatory Complexity

As the EU tightens data privacy, AI governance, and digital services regulations, Irish startups must navigate compliance across multiple jurisdictions. Translation of legal documents, privacy policies, and compliance materials will become more critical and more complex.

Vertical-Specific Solutions

Rather than competing as horizontal platforms, successful Irish startups are increasingly focusing on vertical markets, fintech, healthcare, energy management, and cybersecurity. This specialization extends to localization, where domain-specific translation quality matters more than broad language coverage.

Key Takeaways for Irish Founders

As one tech lead at a Dublin-based SaaS startup noted: “Tools like SMART help us scale without a localization team. We don’t just save time—we finally trust what we ship.”

For Irish startups planning international expansion in 2026 and beyond:

Start early: 

Localization isn’t a late-stage problem. Building internationalization into your product architecture from day one prevents costly retrofitting later.

Leverage technology: 

Tools like MachineTranslation.com’s SMART feature deliver professional-grade translation quality without professional-grade costs. Use AI translation for the bulk of content, reserving human expertise for creative and legally critical materials.

Focus on priority markets: 

Don’t try to launch in 10 countries simultaneously. Identify 2-3 key markets, localize thoroughly, learn from initial customers, then expand. Quality localization in fewer markets beats superficial translation in many.

Measure localization ROI: 

Track conversion rates, support ticket volume, and customer acquisition costs by language. Data-driven localization decisions beat gut instinct.

Build partnerships: 

Connect with local advisors, marketing agencies, and customer success managers in target markets. Language translation is necessary but not sufficient, cultural understanding drives success.

The barriers to global expansion for Irish startups have never been lower. With Ireland’s startup ecosystem ranking 9th in Western Europe and 16th globally, strong government support, and AI-powered localization tools, 2026 represents a breakthrough year for Irish tech companies ready to scale beyond English-speaking markets.

As the global machine translation market continues its rapid growth trajectory, and as platforms like MachineTranslation.com evolve their consensus-based approaches, the translation bottleneck that once slowed international expansion is becoming a manageable workflow step rather than a strategic barrier.

For Irish founders, the message is clear: the technology, funding, and market conditions are aligned. The time to scale globally is now, and the localization tools to do it efficiently finally exist.

 

Want to explore how AI is transforming other areas of Irish tech? Check out our coverage of how AI is revolutionizing the financial industry and discover Ireland’s top emerging tech startups in 2025.

Beyond Swift: The revolution of instant international payment solutions

For over half a century now, the global financial system has relied on a SWIFT mechanism that, in 2026, feels archaic. It was certainly revolutionary at the time for the banking messaging system that it is. It helped create a safer and more orderly way to get money from one bank to another.

Today, it’s seen as legacy infrastructure that brings with it a lot of friction. A transfer can take days to settle (in the 80s, sending money from the UK to Hong Kong in three days was impressive!), while fees are now seen as high and quite unpredictable. And, perhaps most disappointingly for a correspondence system, tracking the location of the funds is difficult. 

While information travels instantly, money has lagged behind – partly because replacing a large global system, which takes fraud seriously, is understandably sticky. But a quiet revolution has been happening from the bottom up. API-first financial infrastructure has been booming over the past decade, and alternative finance is growing so big that it no longer feels like an alternative.

The problem with legacy systems

To understand the magnitude of this revolution, you first have to appreciate the inefficiencies of the current status quo. Traditional Swift is a chain of correspondent banks – money doesn’t actually go from point A to B, but it passes through a series of intermediaries, all of which collect their own fee.

This structure is therefore inherently opaque. A business might send $10,000, but the recipient might receive $9,850. If the business says it wants the recipient to receive $10,000, then the sender will pay high fees, and it often won’t be clear whether they’re wire fees, exchange spreads, and so on. 

How modern API-first solutions work

The solution to this is interoperability and direct connection. Modern fintechs aim to be borderless, and they’re building their own “financial infrastructure” to achieve it. They might use SWIFT when it works out best, or they might establish entities in multiple countries and connect directly to local banking systems. They might use treasury tricks, where they can deposit/withdraw money from multiple users simultaneously to align a transfer, and achieve it even with no money ever crossing the border. In the end, it’s about choices, flexibility, and being agile.

This API-first approach means instant settlement. Because the payout is a local bank transfer, it clears within seconds.  Plus, the fees are clearer and the tracking is more accurate (fewer intermediaries).

The advantage for global business

For treasury managers and CFOs, the ability to consolidate liquidity is a game-changer for obvious reasons. Before, expanding into new regions like Latin America or Southeast Asia meant opening multiple local bank accounts, which was a bureaucratic nightmare, whether you’re a large corporation or an independent store.

Modern platforms allow users to see their global finances in one view. Through a single API integration, a company can automate pay-ins and pay-outs in dozens of countries. This means it’s easier to track liquidity and cash flow, but it also means it’s easier to manage multiple currencies and have an FX strategy. You can build up reserves in a multi-currency account wallet and execute timely transactions when the exchange rate is favourable (or when it’s large enough to get a bulk FX discount).

Who is driving the change?

Transparent cross-border payments are made up of global generalists and specialized regional experts. Wise is perhaps the most recognizable name and it was an early mover in setting the standard for transparency and mid-market exchange rates, while Airwallex carved out a strong position by offering a comprehensive platform that combines payments with card issuing and expense management – ideal for larger enterprises. 

Latin America is always an interesting environment because it has historically been characterized by fragmented banking systems. Belvo has set the standard for Open Finance, as they’ve helped build the API rails so businesses can access banking data and initiate payments in markets like Mexico, Brazil and Colombia. On the issuing side, Pomelo provides the cloud-native infrastructure to help companies launch and scale, while Dock operates heavily in the background as a banking-as-a-service powerhouse.

Prometeo has positioned itself to focus specifically on borderless banking for treasury management. Here, the international payment solution provides a single API that consolidates these local networks to allow for automated liquidity movement between Latin America and the US.

Value movement

Instant international payments is still a new concept to larger banks. But for those looking to take advantage of maturing open banking regulations, payments is an area which is improving in quality while decreasing in cost. It has come at a time of the rise of crypto, which is in part how crypto has been kept at bay away from mainstream use. Going forward, it’s unlikely to see large corporations embrace interoperability because it’s a playing field leveller, and so bottom-up fintech movements will continue to shape consumer experience.

Cybersecurity Leader Proofpoint Launches AI Innvoation Centre in Cork

Proofpoint, a leading cybersecurity and compliance company, today announced that it is continuing to expand operations out of its international hub in Cork. The ongoing investment will bring new specialist roles to the city centre location, including data scientists and artificial intelligence (AI) and large language model (LLMs) specialists, as the company launches its AI Innovation Centre.  This project is supported by the Irish Government through IDA Ireland.

Today’s cyberthreats are growing in sophistication and attackers are no longer simply targeting infrastructure; they’re targeting people. Proofpoint research shows that in response to this, 87% of global CISOs are looking to deploy AI-powered capabilities to help protect against human error and advanced human-centred cyber threats. Proofpoint continues to innovate on its AI-powered defences for organisations, with its human-centric solutions designed and deployed with data privacy and security at front of mind.

Proofpoint’s new AI Innovation Centre will create a privacy-attested AI environment, ensuring the safety and anonymity of all data used to train Proofpoint’s models. AI and ML require powerful detection models and a high-fidelity data pipeline to yield accurate detection rates, operational efficiencies, and automated protection. The AI Innovation Centre will allow the acquisition of larger data sets, allowing Proofpoint’s LLMs to be used in industry-leading, high-volume, high-velocity cases, improving overall threat detection for organisations.

“The ongoing expansion of Proofpoint in Cork is a clear reflection of Ireland’s continued success in attracting world-class companies to establish their international hubs here,” said Peter Burke, Minister for Enterprise, Tourism and Employment. “The creation of up to 100 new roles in the coming years, including in AI and large language models, further strengthens our position as a global technology and innovation hub.”

To drive this initiative, Proofpoint will be bringing 45 new specialist roles to its Ireland location, with a continued growth trajectory of up to 100 additional roles over the coming years. The roles will include data scientists, and AI and LLM specialists.  Looking ahead, Proofpoint will also bring a security operations team to Cork, and increase roles in other functions such as its data security team. As part of this, Proofpoint is also expanding its office space in Cork.

 

“Our ongoing investment in our Ireland-based business is critical to our international growth, and to strengthening our ability to protect European organisations,” said Remi Thomas, Chief Financial Officer at Proofpoint. “Today’s cyber-attacks are growing in sophistication, and AI plays a critical role in an organisation’s defence against these threats. We are excited to tap into Cork’s technical talent base to further strengthen our industry-leading AI-driven solutions, enabling us to detect and prevent emerging threats at an unprecedented scale, while keeping data secure.”

 

“AI is a defining capability that truly sets Proofpoint apart.  We have some of the most extensive human-centric threat intelligence data, which amplifies the power of our AI solutions, and ensures that our models are continuously improving and adapting to new threats,” said Kevin Leusing, Chief Technologist, EMEA at Proofpoint. “The launch of our AI Centre here in Cork will further enhance these capabilities by integrating the latest AI advancements with our unparalleled dataset, staying ahead of even the most sophisticated attackers.”

 

“Cork continues to cement its position as a leading cybersecurity hub, and today’s announcement from Proofpoint underscores the region’s growing significance in this sector,” said Michael Lohan, CEO, IDA Ireland. “Ireland’s rich talent pool, particularly in emerging technologies like AI and cybersecurity, is a key factor in attracting such high-calibre investments.”

 

To find out more about Proofpoint’s human-centric security solutions, visit: https://www.proofpoint.com/uk

 

To read more on the launch of Proofpoint’s Cork operations, please visit: https://www.proofpoint.com/uk/newsroom/press-releases/cybersecurity-leader-proofpoint-expands-global-presence-international-hub

 

 

Equifax launches International AI Innovation Lab in Ireland

Equifax has announced the opening of its state-of-the-art AI Innovation Lab at its operation in Wexford, Ireland, a new facility dedicated to advancing the company’s global artificial intelligence research and development. The new Lab builds on the company’s more than 10-year history of AI innovation and expands its global team of over 1,200 data and analytics professionals.

This investment, supported by the Irish Government, through IDA Ireland, will serve as a global hub for innovation, bringing together highly skilled data and technology specialists to create next-generation AI solutions that enhance decision-making, improve customer and consumer experiences, and help global organisations reduce risk.

The AI Innovation Lab will focus on developing advanced AI models, machine learning algorithms, Research and Development, and data analytics tools to address complex challenges faced by businesses and consumers. For its initial phase, the lab will concentrate on AI-driven solutions for credit risk assessment that can augment decision-making for fintechs and financial institutions. These innovations will leverage advanced AI to provide affordability and creditworthiness insights, helping more people access mainstream financial opportunities and driving greater financial inclusion. This includes enhancing fraud detection, improving credit risk assessment, optimising marketing strategies, and strengthening cybersecurity measures.

The lab will play an important role in advancing the Equifax global EFX.AI strategy, furthering the company’s ongoing innovation and the development of data-driven solutions that can help open up new financial opportunities for consumers.

Ceann Comhairle, Verona Murphy TD, said: “The Equifax decision to establish its AI Innovation Lab in Wexford is a powerful vote of confidence in Wexford and the South East Region, this investment highlights the highly skilled workforce and culture of innovation on offer in Wexford for companies that wish to expand their offering globally.”

Paul Heywood, Chief Data & Analytics Officer for Equifax Europe, commented: “Our new AI Innovation Lab is designed to empower financial institutions with the tools needed to make smarter, faster, and more confident credit decisions, helping more consumers live their financial best. Through the AI Innovation Lab, and by harnessing our unique data and insights within  the Equifax Cloud, we are committed to delivering secure, reliable, and innovative best-in-class solutions for businesses and consumers alike.

Driving AI innovation is a key EFX2027 Strategic Priority. We are incredibly excited to expand our Wexford team through this investment and have immense confidence in the calibre and expertise of the marketplace in Ireland and specifically in the South East, as evidenced by our thirty-year presence in Wexford town.”

Deirdre O’Connor, Head of Regional Development, IDA Ireland said: ‘I wish to congratulate Equifax on the opening of this AI Innovation lab. Artificial Intelligence is a key growth driver in IDA Ireland’s new strategy ‘Adapt Intelligently.’ The Equifax decision to expand its presence in Wexford is a testament to Ireland’s position as a hub for global innovation and AI. I am delighted that this will bring Equifax employment in Wexford to 100 employees and would like to wish them every success with this AI Innovation Lab.’’ 

The official opening on 10 September 2025 brought together senior Equifax leaders, Raghu Kulkarni, Chief AI Officer; Ritu Sharma, SVP, Global AI Governance and Model Risk Management; Elizabeth Chapman, VP Operations, Transformation and Change; and Paul Heywood, Chief Data and Analytics Officer for Equifax UK; as well as government representatives, and industry stakeholders including IDA Ireland.

Team GB Announce Partnership with TCL

TCL, a global leader in consumer electronics and the world’s No.1 Ultra-large, Mini LED TV brand, will bring its newly-announced partnership with the International Olympic Committee (IOC) to the UK in collaboration with Team GB ahead of the upcoming Olympic Winter Games Milano Cortina 2026.
As a  Worldwide Olympic Partner, TCL will support Team GB to bring British athlete stories to life, using technology to amplify the human stories of resilience that define Olympic greatness and drive meaningful engagement with fans and communities alike.
TCL offers the leading Mini-LED technology on the market which represent the ultimate way to experience the Olympic Games from home. Featuring industry-leading Mini LED technology and Dolby Vision support, TCL’s ultra-large screen Mini LED TVs deliver exceptional picture quality, rich colours and immersive sound. Whether enjoying the games alone or with family and friends, TCL’s award-winning TVs provide a front-row seat to the action, making every moment feel larger than life and accessible to more households across the UK.
TCL’s 8-year partnership with the IOC is rooted in a shared ambition to inspire greatness through sport and technology. By getting behind Team GB, TCL is committed to supporting athletes on their journey to the world’s biggest sporting stage while enriching the Olympic experience for millions of fans across the UK. This marks the beginning of a sustained, long-term commitment to sport, innovation and community in the UK which will stretch across the entirety of the 8-year partnership.
Adam Aldred-Lane, Marketing Director, TCL UK, commented: “TCL, as a Worldwide Olympic Partner, is honoured to be working with Team GB, a symbol of sporting excellence and national pride. Our mission to ‘Inspire Greatness’ aligns perfectly with the values of Team GB. Through our industry-leading technology and a shared vision for innovation and well-being, we aim to empower British athletes and connect fans with unforgettable moments of Olympic glory.”
Tim Ellerton, Chief Commercial Officer at the British Olympic Association, said:
“We’re delighted that TCL are getting behind Team GB athletes, particularly at such a crucial stage along the road to Milano Cortina 2026. We’re proud of the work we have done to date to bring sports fans across the nation into the heart of the Olympic Games, and we look forward to working with TCL to take this another step further.”
The partnership further cements TCL’s position as a global supporter of sport, following its Worldwide Olympic and Paralympic Partnership with the IOC in the Home Audiovisual Equipment and Home Appliances category. TCL continues to drive global sport engagement through its intelligent products, delivering exceptional experiences that connect people, sport and technology.

EHS International Announces Exclusive Partnership to Deliver FLAIM VR Fire Training

EHS International, a leading Irish provider of environmental, health, and safety (EHS) solutions, has announced an exclusive partnership with Australian-based technology company FLAIM Systems. Through the partnership, EHS International will deliver FLAIM’s world-leading virtual reality (VR) fire training simulators exclusively across the island of Ireland, as well as to its global client base.

The partnership will introduce a suite of VR training programmes — including fire extinguisher simulators, work instruction simulators and advanced industrial fire crew and defence industry simulators. Using 4D technology, FLAIM provides interactive, multisensory, highly realistic scenarios, with well over 60 lifelike training situations enhanced by heat and resistance software.

In addition to the core simulators, EHS International will offer the FLAIM product called Trainer. This is a leading-edge VR platform for advanced firefighter training. It enables realistic simulations of fire emergencies using over 70 immersive emergency fire situations. Trainer replicates key elements of live-fire response, including heat, hose pressure, and full interaction with real firefighting equipment such as hose reels, nozzles, self-contained breathing apparatus (SCBA), and PPE. Unlike traditional drills, it offers lifelike training without the risks, environmental impact, or resource use. Each session is estimated to save hundreds of litres of water, 20–50 litres of hazardous foam, and over 20 kg of CO₂ — roughly equal to discharging four large CO₂ fire extinguishers.

Chris Mee, Founder and CEO of EHS International, stated: “Our partnership with FLAIM Systems is a game-changer for fire safety training in Ireland. From basic extinguisher use to advanced emergency response, trainees can now experience real-life fire scenarios — safely, sustainably, and without the risks of live-fire drills.

“With immersive simulations, in-the-moment feedback, and real firefighting gear, FLAIM delivers unmatched realism. You wouldn’t let an airline pilot fly a plane without simulator training — the same should apply to fire and other safety training. Simulators are here to stay”

This new technology allows organisations to measure and track individual trainee competence, supporting compliance with Irish and EU safety legislation. All simulator training is led by EHS International’s expert trainers, ensuring correct and effective use across multiple sectors, including chemical, pharmaceutical and food.

FLAIM Systems’ Managing Director, Simon Miller, added: “FLAIM’s purpose is to deliver training technologies that prepare people to respond to hazards and emergencies, safely and confidently, for real-world challenges, and this partnership with EHS International reflects that mission perfectly.  As emergency services face growing complexity, we’re committed to evolving our technology to meet their needs, delivering safe, immersive, and high-impact training experiences.  Just as important is how we work: we listen and collaborate with our partners and customers to innovate purposeful training solutions that deliver a safer ready-to-respond workforce”

Headquartered in Cork, with offices in Dublin, Belfast, and London, EHS International was founded by Chris Mee in 2023 to deliver technology-enabled EHS services across consultancy, training, fire safety, and occupational health. The FLAIM collaboration expands its growing portfolio of innovation-led partnerships in the EHS sector.

The VR training programme is projected to deliver over €1 million worth of fire safety training over the next two years, supporting firefighters, emergency responders, and safety teams — from everyday workplaces to high-risk industrial environments.

For more information or to schedule a training session, visit ehsinternational.com.

PACE Airports to Revolutionise International Standards for Airport Emissions Reporting

PACE, Fexco’s leading aviation sustainability data and analytics platform, has expanded its product offering with PACE Airports and is announcing Christchurch Airport as its first customer. PACE has established itself as the market leader for aviation financiers and is trusted by the world’s largest banks, like JP Morgan, and the second largest aircraft lessor in the world, SMBC AC, to inform them on their financed aviation emissions.

Christchurch Airport is a global leader in sustainable airport management and a pioneer in the Airport Carbon Accreditation (ACA) program. It is the first airport in the world to reach level 4 in 2020 and to achieve level 5 accreditation in 2023. It is among only 18 other airports worldwide to achieve this rating. The airport chose PACE Airports so they can track, analyse and action live data rather than on an annual basis. Leveraging multiple new data points allows the sustainability team to have more accurate data-led conversations with airline operators and external stakeholders.

Airports globally are challenged to understand and track their aviation-related emissions. One of the leading causes of this is a considerable lack of consistency within the industry in defining a standardised methodology that can be independently verified. Calculating carbon emissions is usually done on an annual basis at the end of the year, so the lack of real-time data inhibits airports from making actionable decisions to lower their carbon footprint. PACE Airports offers real-time aviation emissions calculations at the click of a button, allowing sustainability teams to focus on the actions rather than the calculations.

In addition, banks can use PACE Airports to evaluate emissions in airport financing deals. Both banks and airports can rely on a single source of truth for emissions metrics to measure performance in sustainability-linked finance deals.

PACE Airports tracks all commercial flight activity globally and calculates specific emissions based on over 10 billion data points, right down to the engine on the wing. It is highly configurable to allow airports to track specific runway taxi times and distances, enabling them to drill down into the minute details for highly accurate output data.

Claire Waghorn, Sustainability Transition Leader at Christchurch Airport, said: “Christchurch Airport has always leaned into sustainability and innovation. We first started tracking our emissions in 2006, and we have continually challenged what more we can do in decarbonisation through innovation and adaptability. Our strategy has always been data-driven, and PACE unlocks a new level of insight and intelligence that is really exciting for us as we continue our sustainability journey. At Christchurch Airport, our key focus on this sustainability journey has always been optimising our entire operations to reduce emissions; the insights from the PACE Airports platform now give us data to consider our aviation-related emissions across the entire airport operations.”

Bertie Murphy, CSO of Fexco Group, added: “Our vision at PACE is to be the independent aviation emissions source across the aviation value chain, trusted and relied upon by all stakeholders. Expanding into Airports is a natural next step in the evolution of our product. We are thrilled to welcome Christchurch Airport, a global leader in sustainability, as a customer. We are enthused to see the impact the data and insights from PACE are having at Christchurch Airport, supporting the team in delivering on their emissions reduction targets.”

PACE delivers up-to-date emissions data, covering over 99% of commercial flights, recording over 370,000 individual routes and over 10 billion flight data points, which are updated every 24 hours. PACE is trusted by the largest aviation financiers in the world, such as JP Morgan Chase. To find out more, visit the PACE website.

How to Choose the Best International Payment Methods for Global Business

Tapping into global markets can be a game-changer—but if your payment setup isn’t solid, it can get messy fast. Moving money internationally isn’t just a backend detail; it directly shapes how your business scales, how partners see you, and whether or not you stay on the right side of local regulations.

Your method affects everything from speed and fees to trust and transparency. Nail it, and you’ll avoid delays or hidden costs—you’ll also lay the groundwork for long-term growth, smoother relationships, and a business that runs like it should across borders.

Understanding the International Payments Landscape

Cross-border payments are at the heart of doing business globally, but the landscape is anything but simple. You’ve got everything from old-school bank transfers to sleek, modern fintech platforms, and which one works best depends on how your business runs, where your customers are, and what local habits look like.

Every option comes with its pros, cons, and price tags. If you understand how each method works—think intermediaries, currency conversions, and local red tape—you’ll be in a much better spot to avoid slowdowns, cut unnecessary fees, and stay agile while you scale. It’s less about picking one perfect system and more about knowing what fits where, and why.

Digital and Alternative Payment Solutions

Digital payments are gaining traction globally, offering scalable solutions to businesses aiming to localize in different countries. Cryptocurrencies, while volatile, offer direct and fast transfers, especially in markets with limited banking infrastructure or where capital controls restrict traditional methods. Though still niche, some firms use crypto for high-speed or high-risk trades, or to hedge against currency devaluation. There are even entire businesses adapted for the use of cryptocurrencies: A cryptocasino, for example, might offer a similar scope of services to other online casinos. However, it relies entirely on crypto for payments taken and given out. That way, it adds another level of excitement to people using these services.

Peer-to-peer platforms like PayPal and Venmo make sending money across borders a lot simpler—especially for freelancers, solo creators, and small teams. They’re especially handy in industries like digital services or content creation, where clients might not have access to traditional banking. That said, how useful they are really depends on the country.

Multi-currency wallets are another game-changer. They let you hold and move money in different currencies without constantly losing out to conversion fees. Some even sweeten the deal with perks like cashback or interest on balances—small wins that add up fast.

And then there’s the local heavyweights. In places like China and Brazil, platforms like Alipay and PIX are the default. If you’re doing business in these regions and not offering local payment methods, you’re basically closing the door on smoother sales. Adding them builds trust and makes it way easier for customers to pay—no fuss, no friction, better conversion.

Common International Payment Methods Explained

Businesses trading internationally often use a mix of proven and emerging payment solutions. SWIFT, a secure messaging system connecting global banks, remains the standard for many international wire transfers. It’s reliable but often slow and expensive, especially for smaller transactions. These transfers often include intermediary fees that increase the total cost.

In contrast, SEPA enables faster, cheaper transfers between eurozone countries, though it doesn’t help much beyond that region. Within Europe, SEPA transfers are favored for their speed, cost efficiency, and straightforward reconciliation processes. Countries that want to become a part of Europe also get help facilitating this, growing the area for economic benefits.

Traditional bank transfers are widely used and require no special setup. However, fees and speed vary greatly between banks and regions. Settlement times may range from a few hours to several days. On the digital side, payment gateways like PayPal, Stripe, and Square enable online transactions in multiple currencies. These services are known for convenience, global reach, and buyer trust, but can carry high conversion and transaction fees.

Modern fintech platforms, like Wise (formerly TransferWise), have gained popularity by lowering transfer costs and providing clear exchange rates. Their multi-currency accounts and faster delivery times are especially appealing to small businesses and startups operating globally. They also offer excellent API documentation for integration with modern financial tools.

Key Criteria for Selecting International Payment Methods

Choosing a payment method isn’t just about sending money. It’s about aligning with business goals, customer expectations, and regional requirements. Firms must weigh cost, compliance, usability, and scalability to find what fits best for each market. Understanding the unique economic landscape and legal framework of each region ensures a smoother rollout and better ROI.

Multi-Currency and Global Market Support

Global-ready payment platforms should offer multi-currency capabilities. Customers prefer paying in their own currency, and businesses benefit from accounts that avoid constant conversion. This reduces foreign exchange risk and improves customer experience.

The chosen method must work across time zones, currencies, and payment cultures. For example, bank transfers may work well in Europe, while mobile wallets dominate in Southeast Asia. A system that adapts to multiple regions can drive sales, boost retention, and inspire long-term customer confidence.

Security, Compliance, and Regulatory Considerations

Regulatory compliance is critical in cross-border payments. Systems must meet global and regional standards like PCI DSS for card security, GDPR for data privacy, and AML/KYC protocols for preventing fraud. These standards are non-negotiable for maintaining a business’s legal standing and customer trust.

Robust compliance reduces legal risks and builds partner trust. Failing to meet standards can delay transactions, harm relationships, or lead to costly fines. A proactive approach to compliance strengthens investor confidence and makes partnerships easier to establish.

Integration, Scalability, and User Experience

Efficiency matters. The best payment systems integrate seamlessly with existing business tools and platforms. APIs, plug-ins, and automation reduce friction, while user-friendly dashboards cut training time.

A scalable system can handle growth, new customers, and emerging markets. A clean checkout experience reduces cart abandonment and increases revenue. Scalability also involves supporting new features, like recurring billing, instant refunds, or payment splits for partner models.

Transparency and Cost Effectiveness

Cost control starts with visibility. Look for providers that are upfront about fees, including those for currency exchange, settlement, and failed transactions. Avoid surprises that eat into profits.

Transparent pricing and fair rates let businesses plan effectively, maintain margins, and build reliable supplier relationships. Clear cost projections also help with budgeting, contract negotiations, and quarterly reporting.

Comparing Leading International Payment Providers

Choosing the right international payment provider can make or break a global strategy. The leading players differ not only in pricing and speed but also in ease of integration, currency support, and how well they address local market needs.

Traditional Methods: Bank Transfers, SWIFT, and SEPA

SWIFT continues to be a pillar of cross-border payments, particularly for large transactions and conservative industries like manufacturing or real estate. The network connects over 11,000 institutions in more than 200 countries, offering broad reach. However, SWIFT payments can take multiple days and often involve hidden fees from intermediary banks. Exchange rates can be unpredictable, and tracing delayed payments adds complexity.

SEPA is the gold standard for euro transfers within Europe. Payments arrive usually within a business day, and costs are minimal—often even free for consumers. For B2B payments within the eurozone, SEPA enables predictable, fast settlement with easy reconciliation. But its geographic limitation makes it only part of a wider payment strategy.

While both SWIFT and SEPA offer security and reliability, their rigid structures and limited innovation make them less attractive to fast-growing digital firms or startups targeting global e-commerce.

Digital Gateways: Stripe, PayPal, Wise, and Adyen

Stripe is known for its developer-friendly APIs and advanced customisation tools. Businesses in tech, SaaS, and e-commerce use it to build flexible checkout flows that match their brand. With over 135 supported currencies, and most recently adding the common Chinese payment system Weixin Pay as a supported payment method to its terminals, and automatic currency conversion, Stripe fits businesses looking to scale globally. Their advanced fraud detection, tax tools, and support for alternative payment methods—including mobile wallets—make it a go-to for online-first businesses.

PayPal provides instant familiarity and trust, especially among consumers. It handles transactions in over 200 markets and 25 currencies. The ease of use makes it ideal for small and medium-sized online shops. However, PayPal’s fees—especially for currency conversion and receiving cross-border payments—can be significantly higher than newer providers.

Wise has disrupted the industry by offering near mid-market exchange rates and transparent, low-cost transfers. It’s favored by freelancers, remote teams, and small businesses making frequent payments in multiple currencies. Wise’s ability to provide local bank details for a dozen different regions makes international transfers feel like local payments.

Adyen’s built for scale. It supports 250+ payment methods—local cards, bank transfers, e-wallets, the lot—and it plugs into physical POS systems too, so you get a proper omnichannel setup. It’s got compliance and fraud checks baked in, with machine learning doing the heavy lifting. If you’re running a global retail operation or anything subscription-based, this is the kind of backend that doesn’t flinch when things get big.

Specialised Solutions: Local Payment Methods and Industry-Specific Options

Local payment systems like UPI in India, PIX in Brazil, and Alipay in China aren’t just checkout options—they’re deeply baked into how people spend. Supporting them shows you’re not just “operating” in a market—you’re actually meeting people where they are. They’re fast, cheap, and trusted, which usually translates to better conversion and happier customers.

In tightly regulated industries—think insurance, healthcare, travel—generic payment tools won’t cut it. That’s where sector-specific platforms come in, with baked-in features like recurring billing, automated invoicing, or live tax handling. They’re built for the paperwork-heavy, compliance-driven stuff most payment systems ignore.

You might need to dig a bit deeper to find the right niche tool, especially if you’re handling things like customs forms, legal agreements, or partner payouts. But the trade-off is usually a smoother customer experience and way fewer headaches on the regulatory side.

Waterford set to host the ‘Masters’ of the Watchmaking World for the 2025 International Festival of Time

Waterford, Ireland, a city renowned for its rich history and craftsmanship, proudly announces the return of the International Festival of Time, set to take place on May 23rd and 24th, 2025, in the heart of Ireland’s oldest city. This globally celebrated event brings together master watchmakers, horology enthusiasts, collectors, and artisans for an unparalleled celebration of timekeeping excellence.

Now in its third year, the festival has firmly established itself as one of Europe’s premier horology events, featuring an array of exhibitions, masterclasses, expert talks, and exclusive showcases from some of the world’s finest independent watchmakers. Attendees will have the rare opportunity to examine extraordinary timepieces, explore the intricate art of watchmaking, and engage with some of the most respected figures in the industry.

Waterford is a fitting location for showcasing handcrafted artisanal ‘haute horlogerie’. The city is home to Ireland’s only dedicated museum of watches and clocks and is just a short distance from New Geneva, where Genevan watchmakers had decided to relocate their entire industry in 1784. Had this venture succeeded, it could have profoundly changed the industrial history of Ireland.

“We are thrilled to welcome watchmakers and enthusiasts from around the world to Waterford,” said Sara Dolan, CEO of Waterford Treasures Museums. “The International Festival of Time is more than an exhibition—it’s a celebration of craftsmanship, innovation, and the timeless connection between art and engineering.”

The festival highlights for 2025 include ‘Exhibitions of Rare and Exquisite Timepieces’, which will showcase a breathtaking collection of handcrafted mechanical watches and antique timepieces. ‘Masterclasses and Workshops’ offering a hands-on opportunity with master watchmakers revealing the secrets of traditional and modern watchmaking techniques. ‘Guest Lecture and Panel Discussion’ with the world’s leading horologists, historians, and designers as they share insights on the evolution of timekeeping. ‘Guided Tours of Waterford’s Historic Landmarks’ for visitors to explore the city’s centuries-old tradition of craftsmanship and innovation, and the ‘Collectors’ Showcase’ an incredible platform for collectors to present and discuss some of the most unique and historic timepieces in their possession.

One of the event organisers Johnny McElherron says, “As a celebration of independent and artisanal watchmaking, the Festival of Time is a unique opportunity for anyone with an interest in watches and contemporary horology to experience and appreciate some of the finest and most important hand crafted timepieces of our time, and to meet the people behind them. It is for me a great honour to welcome these extraordinary creators to Ireland, and to have the rare chance to showcase their internationally acclaimed and award-winning watches on Irish soil.”

The International Festival of Time is a unique opportunity to immerse oneself in the world of cutting-edge horology while experiencing the vibrant culture and heritage of Waterford. Whether you are a seasoned collector, an aspiring watchmaker, or simply fascinated by the artistry and science of timepieces, this festival offers something for everyone.

The festival will take place at various historic venues throughout Waterford, enhancing the experience with the city’s stunning medieval architecture as a backdrop. Tickets and further information are available at  https://www.waterfordtreasures.com/event/international-festival-of-time-2025/. Follow @festivaloftime on socials for ongoing updates and announcements.

Exhibitors Confirmed for 2025

The festival will feature a prestigious lineup of renowned watchmakers, including:

  • John McGonigle (Oileán, Ireland)
  • Stephen McGonigle (Ireland/Switzerland)
  • Bryan Leech (Sidereus, Ireland)
  • Alison Moriarty (Ireland/Switzerland)
  • Vianney Halter (France/Switzerland)
  • Albert Edelmann (Zeitwinkel, Switzerland)
  • Patrik Sjögren (GoS, Sweden)
  • Rune Bakkendorff (Denmark)
  • Shona Taine (Khemea, Switzerland)
  • Lundis Bleus (Bastien Vuillomenet, Switzerland)
  • Cyril Brivet-Naudot (France)
  • Robb Nudds, James Thompson & Anders Brandt (Arcanaut, Denmark/Switzerland)
  • David Brailsford (Garrick, UK)
  • Marco Borraccino (Singer, Italy)
  • Christiaan van der Klaauw & Pim Koeslag (Netherlands)
  • Ludovic Ballouard (France)