8.6 C
New York
Thursday, September 24, 2020
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

TransferWise reports 70% revenue growth and a 4th straight year of profitability

Annual revenue at TransferWise grew to £302.6 million, the company. These results show a net profit after tax of £21.3 million for fiscal year ending March 2020.

“Mitto helps its users to save money while saving the planet,” says Marcos Cuevas, the company’s co-founder and CEO

Mitto is a Barcelona-based debit card/finance app and it is mainly a sustainability-focused product that has raised €2M from Athos Capital and others. Mitto has a live crowdfunding campaign on Crowdcube in which the company has already raised £500,000.

Allica Bank is launching a £100m funding round

Allica Bank has already closed a £26 million investment and now is launching a new £100 million funding round to meet the current high levels of demand for its services.

Dutch challenger bunq plants 1,000,000 trees on Madagascar

Amsterdam-based digital bank bunq offers an option to plant a tree for every 100€ spent with their SuperGreen premium account. Now they planted 1,000,000 trees.