8.6 C
New York
Tuesday, March 2, 2021
Home Industry Mastercard to triple technology jobs in Ireland to 2,000!

Mastercard to triple technology jobs in Ireland to 2,000!

Mastercard Inc. seeks to hire 1,500 more staff at its global technology hub in Dublin. That would mean more than trebling the size of its workforce in Ireland’s first major multinational jobs announcement of 2020. Hiring is expected in over the next three to five years.

Mastercard already employs 500 people at an Irish office opened in 2008. The issuer also set up its research and development arm, Mastercard Labs, in the city back in 2012. It plans to increase its staff to more than 2,000 from 650 now, IDA Ireland, the state agency competing to win foreign jobs, said in a statement.

Related: Mastercard announces first European Cyber Resilience Centre!

“Our Dublin Tech Hub is an innovation engine for our company across Europe and beyond, and we’re delighted to be expanding our technology footprint in the city,” says Ed McLoughlin, president of Mastercard operations and technology.

“Our new campus will help us continue to attract the best and brightest tech talent so that we stay on the forefront of emerging tech trends and are well-positioned to forge the future of digital commerce across the globe.”

Ireland’s caretaker Taoiseach Leo Varadkar says of the expansion: the 1,500 jobs being created at Mastercard are high quality, skilled positions, which I’m sure will be much sought after.

“We can never be complacent when it comes to our economy and employment; as a country, we must continue to pursue policies which make Ireland attractive to investment and job creation and open to free trade.”

Related: Mastercard in China? $27 Trillion market awaits!

Mastercard, which like other financial payments companies is investing heavily in technology, said it aimed to recruit staff in the growing areas of cybersecurity, artificial intelligence, blockchain, and user experience.

Avatar
Jan Cerny
Jan is an innovation enthusiast and Fintech news reporter. He specializes in news distribution, social media, and content analysis.

Recent posts

N26 and Raisin partner on EasyFlex savings accounts

Cross-border savings and investments marketplace Raisin and the german digital bank N26 combine their strenghts to deliver top interest rates.

Starling Bank aims to hold 18% of the SME market

The digital bank Starling announced a plan in which it is going to hold 18% of the SME banking market in five years, Insider reported.

TransferWise gets rebranded as ‘Wise’

The rebranded company Wise drops the part Transfer as a signal of moving on from the money-transfer focus of the company.

Revolut about to increase fees and cut number of free trades

Revolut introduced additional fees on its free plan and trading on the Revolut platform will also become more expensive.