News | Latest Breaking News Stories & Headlines

Christchurch Airport is the first to start using the PACE Airports software to track, analyse and action live carbon emissions data

New software aims to help airports cut carbon emissions

New software has been launched to track aviation emissions in real time.

Fexco posts higher profits and income for 2023 on the back of a strong performance in transaction volumes in 2023 worldwide

Fexco reports higher profits and income for 2023

Kerry-based financial services and technology company Fexco has reported higher profits and income for 2023 on the back of a strong performance in transaction volumes worldwide.

Business • 11 Nov 24

Fexco opens two new No1 Currency retail stores in Sydney as it continues to expand in the Asia-Pacific region

Fexco opens two new stores in Sydney, Australia

Kerry-based financial services and technology company Fexco has opened two new No1 Currency retail stores in Sydney in Australia as it continues to expand in the Asia-Pacific region.

Business • 09 Sep 24

Just 32% of active credit union members said they never used their credit union app, today's research shows

Credit Unions risk losing relevance for younger people

Credit unions are at risk of losing relevance among younger demographics if they do not sufficiently evolve their digital services, new research shows.

Business • 01 Dec 23

Fexco Group is to sponsor the Tonga national rugby union team

Fexco sponsors Tonga in Rugby World Cup

Co Kerry-based financial services and technology company Fexco Group said today it will sponsor the Tonga national rugby union team ahead of the 2023 Rugby World Cup.

Business • 04 Sep 23

Users will be able to make transactions using a digital wallet based on Fexco payment technology.

Xavatar and Fexco launch metaverse payment technology

AI-driven entertainment tech company Xavatar has announced a partnership with Fexco Group to deliver payment technology in the metaverse.

Business • 15 Jun 23

Fexco has posted an operating profit before exceptional items of €1.2m for 2021, compared to a loss of €13.6m in 2020

Fexco marks a return to profit after Covid hit

Kerry-based financial services and technology company Fexco has marked a return to profit after what it called a "promising" post-pandemic recovery.

Business • 14 Nov 22

Headquartered in Killorglin, Co Kerry, Fexco employs over 2,300 people

Fexco to create 150 new jobs in Ireland by end of 2023

Kerry-based financial services and technology company Fexco has said it plans to create 150 new jobs in Ireland by the end of 2023.

Business • 16 Dec 21

AIB will buy 100% of Goodbody from its existing shareholders for a total consideration of €138m

AIB buys Goodbody Stockbrokers for €138m

AIB has announced a deal to buy Goodbody Stockbrokers, which provides wealth management, corporate finance and capital markets services in Ireland.

Business • 02 Mar 21

Joe O'Toole, Chair of the Metamo Credit Union Group; Anne King, Board Member of Metamo and Denis McCarthy, Fexco CEO

Metamo Credit Unions join Covid Credit Guarantee Scheme

Seven of the country's largest credit unions, all members of Metamo, have become the first credit unions to offer loans to SMEs under the Government's Covid-19 Credit Guarantee Scheme (CCGS).

Business • 15 Jan 21

Michael Costello, Managing Partner, BDO Ireland, Denis McCarthy, CEO of FEXCO and Carol Lynch, Partner in BDO Customs and International Trade Services

BDO and Fexco launch new customs clearance service

BDO and Fexco have launched a new specialist customs clearance service to assist Irish businesses manage the substantial increase in customs clearance documentation which will take effect from next January.

Business • 18 Sep 20

FEXCO employs over 1,000 people at its Killorglin base

Kerry-based firm Fexco to lay off up to 150 staff

Kerry-based financial services and technology company Fexco is to cut its workforce in Ireland by at least 150 people.

Munster • 04 Jun 20

Fexco CEO Denis McCarthy and CEO of Enterprise Ireland Julie Sinnamon at the official opening of Fexco's new hub in Co Kerry

300 jobs to be created in €21m RDI hub in Killorglin

One of Ireland's longest-established financial services and technology companies is partnering with Kerry County Council and the Institute of Technology in Tralee to create more than 300 jobs over the next four years.

Munster • 05 Feb 20

The partnership strengthens Fexco's position in the UK market, where it holds around 12% share now

Fexco expands UK retail foreign exchange offering

Co Kerry-based financial services provider Fexco has announced an expansion of its foreign exchange business arrangement with British supermarket chain Morrisons.

Business • 12 Dec 19

Aer Lingus has decided not to renew a contact with Fexco

Some Aer Lingus customer services moving to Philippines

Aer Lingus has moved part of its customer service operation to the Philippines.

Business • 21 Oct 19

Denis McCarthy, CEO of Fexco Group, said 2018 was another strong year for the group

Fexco reports higher profits and income for 2018

International financial services company Fexco has reported higher profits and income for 2018 with all of its business divisions growing their income.

Business • 16 Oct 19

Denis McCarthy, CEO Fexco, Brid McElligott, Vice President for R&D at Institute of Technology Tralee, Gerard O'Sullivan, Head of Business Fexco and Liam Cronin, CEO of RDI Hub

Co Kerry's RDI Hub seeking 10 companies in first year

Co Kerry-based RDI Hub, a new research, development and innovation hub, has launched its application process to recruit companies and individuals when it opens its operations in January.

Business • 01 Oct 19

Denis McCarthy, CEO of Fexco, Minister for Finance Paschal Donohoe with Claire Lawton, CEO St Canice's Credit Union Kilkenny and Joe O'Toole, Chairperson of MetaCU at today's launch

Fexco to join forces with 16 credit unions

A group of 16 credit unions here has announced a €10 million collaboration with the Irish fin tech company Fexco today.

Business • 04 Jul 19

SFI's Dr Ciarán Seoighe, Finance Minister Paschal Donohoe, Denis McCarthy, CEO Fexco and Professor John O'Halloran, Deputy President UCC at the launch of FINTECHNEXT

€3m Fexco-UCC research collaboration launched today

A financial technology research collaboration between technology company Fexco, University College Cork and Science Foundation Ireland, has been launched today.

Business • 12 Apr 19

The proposed deal, which was announced last summer, was understood to be worth around €150 million

Planned acquisition of Goodbody will not proceed

The planned acquisition of stockbroking firm Goodbody by a consortium of Chinese investors led by the Zhongze Group will not proceed.

Business • 24 Jan 19

Pictured at the 2019 Cantillon Conference launch is event MC Jonathan McCrea; CEO of Fexco Corporate Payments, Ruth McCarthy and Vice President, Academic Affairs and Registrar at IT Tralee, Brendan O'Donnell

Most consumers fear data being sold without consent

A new survey from IT Tralee and financial services firm Fexco suggests that people are not generally aware of what happens with their data, but they assume it is something malign.

Business • 09 Jan 19

Fexco CEO Denis McCarthy, Enterprise Ireland's CEO Julie Sinnamon and Fexco founder Brian McCarthy

New Kerry & Dublin jobs from Fexco, Spectrum Wellness

Irish fintech company Fexco is creating 175 jobs over the next three years at its headquarters in Killorglin, Co Kerry.

Business • 03 Jul 18

FEXCO says foreign exchange transactions and revenues are growing exponentially

FEXCO acquires foreign exchange operator

FEXCO has announced the acquisition of the UK's original and longest established specialist retail foreign exchange operator, Changelink.

Business • 02 Mar 18

FEXCO said the findings suggest travel agents are buying more UK bed nights for customers this year compared to last, as more Irish travellers choose Britain over other European destinations

Irish travel agents boost spend in UK - FEXCO

Irish travel agents spent 68% more on UK travel and accommodation for the year to August than they did over the same period in 2016, according to new figures from FEXCO Corporate Payments.

Business • 27 Sep 17

Spend on motor imports has more than doubled over the first half of 2017

Weak pound spurs UK car imports into Ireland - FEXCO

Weaker sterling has spurred cross-border used car purchases between Ireland and the United Kingdom, according to figures from financial services group FEXCO.

Business • 24 Jul 17