Payments Start-up Fire gets open bank glow

Payment Start-up Fire is the first Ireland-based company to be approved as a Payment Initiation Service Provider (PISP).

Receives PISP-ed

Fire offers digital accounts to businesses and individuals. The accounts are opened online and via mobile apps.

Colm Lyon, founder and CEO of Fire, explains the PSD2 and open banking effect: “This enables a lot of different scenarios – charities can display QR codes on social media that can be scanned so that …

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