Bank of Ireland Group PLCEURONEXT: BIRG

Bank of Ireland deepens partnership with Stripe

· Issued by Bank of Ireland Group PLC

Summary by 6ix AI

On September 9, 2026, Bank of Ireland entered a new strategic partnership with Stripe, a financial infrastructure company, extending the Bank of Ireland Group's existing relationship with it. The partnership will focus on payments innovation, streamlining backend operations and exploring ways to build Stripe's AI-driven technologies into Bank of Ireland's core systems.

Key details

  • Davy, part of Bank of Ireland Group, has used Stripe's Bank Transfer product since 2021 for payments reconciliation and has processed over €2 billion in volume through Stripe. Bank of Ireland says this saves 3,000 hours annually.
  • New Ireland Assurance, Bank of Ireland Group's life and pensions provider, will roll out a similar product.
  • Bank of Ireland launched Zippay in March and says it enables instant mobile-to-mobile payments. The bank says its Quicker Payments service provides UK business customers with same-day transfers.
  • The bank also launched AI-driven tools such as Benefits Finder, which it says is meant to help customers unlock tax benefits, and an online Electric Vehicle Marketplace. These followed the addition in late 2025 of SEPA Instant, which the bank says enabled instant euro payments.

What’s still pending

  • Integrating Stripe's AI-driven technologies into Bank of Ireland's core systems is still being explored.
  • New Ireland Assurance's rollout of a similar product has not yet happened.

6ix AI wrote this summary from the release below and checked it against the release.

Bank of Ireland deepens partnership with Stripe Conor McNamara, Chief Revenue Officer for Europe, the Middle East and Africa at Stripe and Susan Russell, CEO, Retail Ireland, Bank of Ireland.
  • Partnership will explore further payments innovation and AI-driven capabilities across Bank of Ireland Group

9 September 2026: Bank of Ireland has announced a new strategic partnership with Stripe, the programmable financial services company. This marks a key milestone in Bank of Ireland's digital transformation programme.

The partnership will focus on accelerating payments innovation, streamlining backend operations, and exploring ways to deeply integrate Stripe's advanced, AI-driven financial technologies directly within Bank of Ireland's core operating systems.

Susan Russell, CEO, Retail Ireland, Bank of Ireland said: "We always strive to provide easy-to-access and fast service to our customers. Payments are a core part of the value we deliver and partnering with Stripe provides us with new opportunities. Stripe is a great success story, with a strong Irish heritage. We look forward to working with their team to further enhance our technology and accelerate AI integration to improve services for customers."

Conor McNamara, Chief Revenue Officer for Europe, the Middle East and Africa at Stripe, said: "We've been working with Bank of Ireland Group for several years. Deepening that relationship is now about going further and bringing the same level of speed and reliability to other areas so they can move faster for their customers."

The partnership is an extension of the existing Bank of Ireland Group relationship with Stripe. Stripe's programmable money movement technology already underpins payments reconciliation for Davy, Ireland's leading wealth and capital markets provider. Davy has used Stripe's Bank Transfer product since 2021 and has since processed over €2 billion in volume through Stripe, saving 3,000 hours annually. New Ireland Assurance - Bank of Ireland Group's life and pensions provider - will shortly roll out a similar product.

Over recent months, Bank of Ireland has made significant progress in enhancing digital and payments capabilities, with a focus on faster, more intuitive services. Launched in March, Zippay enables instant mobile-to-mobile payments, while Quicker Payments provides UK business customers with same-day transfers. The Bank also launched AI-driven tools like Benefits Finder to help customers unlock tax benefits, and an online 'Electric Vehicle Marketplace' to support customers' transition to EVs. These innovations followed the addition of SEPA Instant in late 2025, which enabled instant euro payments.

ENDS

About Bank of Ireland

Bank of Ireland is a diversified financial services group serving more than four million customers across Ireland, the UK, and the EU. Its services span consumer, business and corporate banking, wealth management, life and pensions, specialist finance, and asset finance and contract hire. The Group includes Davy, New Ireland Assurance, Northridge Finance and Marshall Leasing. Bank of Ireland operates a full-service retail bank in the Republic of Ireland and Northern Ireland. In the UK, it provides mortgages through the intermediary market and is the largest provider of consumer foreign exchange through its partnership with the UK Post Office.

About Stripe

Stripe is a financial infrastructure platform for the internet. Millions of companies - from the world's largest enterprises to the most ambitious startups - use Stripe to accept payments, grow their revenue, and accelerate new business opportunities. Stripe maintains global dual headquarters in San Francisco and Dublin.

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