Irish banks' Revolut rival Synch is delayed further

Synch Payments was established in 2020 by AIB, Bank of Ireland, Permanent TSB and KBC Bank
Irish banks' Revolut rival Synch is delayed further

The Synch app received approval from Ireland's competition authority last year but the company confirmed that it also requires approval under EU payment regulations.

Thu, 06 Jul, 2023 - 17:29
Alan Healy

Plans by Ireland's main banks for a digital payments app to rival Revolut have been delayed again.

Synch Payments confirmed that it has been informed by the Central Bank of Ireland that it needs regulatory approval before it can launch.

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#BankingOrganisation: Synch PaymentsOrganisation: Central Bank of IrelandOrganisation: AIBOrganisation: Permanent TSB
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