A new survey undertaken by Dell Technologies in association with the Executive Institute found that two-thirds (66%) of businesses in Ireland are planning to invest in their cybersecurity as cyber threats continue to increase. Moreover, 93% of organisations have already taken steps to enhance their data protection measures in the past twelve months.

The latest 'Digital Pulse Survey' from Dell and the Executive Institute of over 150 business leaders shows that Irish businesses are struggling under the weight of increasing cyber-attacks. The majority of respondents (64%) say that the ever-growing number of attacks is the main barrier to enhancing their organisation's cyber resilience, with 13% citing a lack of in-house cyber skills and expertise and 9% citing outdated technology and upfront investment in cybersecurity solutions.

Highlighting the cyber dangers posed by hybrid working, 68% of businesses have already taken steps to mitigate the cyber risks of flexible and remote working models.

The Digital Pulse Survey also reveals that Irish businesses are increasingly turning to technology to help them achieve their sustainability goals. Over 8 in 10 business leaders (84%) say that technology has positively impacted their sustainability goals to date. Over one-third (37%) are using technology to increase energy efficiency, 24% are using it to facilitate hybrid or remote working, and 20% are using technology to help reduce carbon emissions.

In addition, almost half (49%) of Irish business leaders say they are considering replacing outdated technology in the next 12 months to reduce higher energy costs.

Commenting on the survey results, Catherine Doyle, Managing Director, Dell Technologies Ireland, said: "It's clear that cyber risk continues to weigh heavily on business leaders as they advance their digital transformation plans. The vast majority have taken steps to enhance their data protection, and two-thirds are looking to increase this investment in the year ahead. Proactive and timely action will be vital to strengthening cyber defences.

"As businesses work to enhance their cyber resilience, it's also positive to see the role of technology in driving sustainable innovation. From using technology to increase energy efficiency and facilitate remote working to achieving operational efficiency, digital transformation can help leaders shape a more sustainable future."

Conor Morris, Managing Director, Executive Institute, said: "The results of the survey suggests that the threat posed by cyber-attacks continues to grow and threatens the future success of our member organisations. These attacks are becoming more frequent and more sophisticated. Planning for and adopting a security strategy that remains current and as up-to-date as new cyber threats themselves will be a key factor going forward."

By Rita N. Soni and Anik Dutta

The talent market has witnessed significant turbulence over the past few years, starting with the pandemic and hiring freeze to the great resignation and ongoing economic uncertainty. It is becoming increasingly difficult for enterprises to secure a skilled workforce, making the talent and skills shortage one of the top three business concerns in 2023. This is where impact sourcing steps in - a practice that aligns social and ethical values with business benefits for the betterment of both society and the organization.

What is impact sourcing?

Impact sourcing is a business practice where organizations intentionally hire and provide career development opportunities to people from marginalized communities while meeting objectives such as maintaining service quality as well as cost, meeting Corporate Social Responsibility (CSR) obligations, and leveraging the uniqueness of the target marginalized groups.

Impact sourcing provides an opportunity to mitigate talent-related challenges and access diverse capabilities across regions. Many in the industry have demonstrated how impact sourcing can address some of these talent-related challenges.

How can organizations leverage impact sourcing and reap the benefits?

Here is a five-step process based on industry best practices that will help organizations successfully drive impact sourcing initiatives and achieve the desired outcomes:

Assess your current state: It is essential to begin by identifying the extent of your commitment and involvement. This starts with understanding the organizational commitment and the levels of investment into such initiatives. Companies should also monitor the potential impact on business, talent, and community. The next step is assessing the program vision for hiring, talent policies, infrastructural nuances, and the extent of the partnership ecosystem.

Define goals and identify relevant capabilities to scale impact sourcing: Once the desired state of the program is identified, the next step is evaluating the gaps in the current state against the desired state. This will help identify steps to reach the desired stage and develop the business case for impact sourcing to drive management buy-in.

Align the workplace for impact sourcing and define the target state: Assess the suitability of the current workplace environment and policies for impact sourcing and then incorporate necessary changes to internal policies, talent management approach, infrastructure, and partnership ecosystem to accommodate impact sourcing initiatives.

Create and execute the talent strategy for impact sourcing: To effectively implement the talent strategy, the core of the program needs to be established. This includes accessing the target groups, training the individuals and providing the necessary support, ensuring a smooth onboarding process, and monitoring their performance. We have created an acronym for this strategy - Access, Train, Onboard, Monitor (ATOM)

Evaluate progress and measure success: The final step is to identify the right metrics to measure the success and impact of the program and align the metrics to resonate with the ethos of the initiative. Some dimensions to be evaluated include workplace diversity, employee retention, employee satisfaction, stakeholder feedback, career development, and external recognition.

What is the future of impact sourcing?

The industry has recognized the value of impact sourcing, and enterprises share positive experiences with impact sourcing. According to the report "Impact Sourcing Playbook for Service Providers" by Everest Group, most enterprises are more than satisfied across multiple parameters such as capabilities, talent, delivery, and commercials while evaluating their impact sourcing engagements.

As we head into the future, we believe enterprises will proactively seek services from impact workers, shifting toward a pull approach rather than service providers and specialists pitching for impact sourc...

International artists take residence in Dublin, Berlin, San Francisco and Lagos to explore quantum technologies through the lens of art.

The Goethe-Institut Irland has launched Studio Quantum, a new international artist-in-residence programme and event series, which explores emerging quantum technologies through the lens of art.

Goethe-Institut artist-in-residence focused on quantum technologies

Run by the Goethe-Institut in partnership with

Trinity College Dublin

,

CONNECT

the SFI Research Centre for Future Networks and Communications,

Trinity Quantum Alliance

,

Project Arts Centre

, and

The Douglas Hyde

Gallery of Contemporary Art

, the residency programme and accompanying event series are designed to explore the future impact of quantum technologies.

The residency programme officially commences this week with four two-month pilot residencies, including two residencies in Dublin. Artists were nominated for the pilot phase of Studio Quantum by a group of experts based in Dublin, San Francisco, Lagos and Berlin, and selected by an international jury.

The successful artists for the 2023 Studio Quantum residencies and the corresponding locations are:

Dublin: Berlin-based kennedy+swan, which comprises the work of the two artists Bianca Kennedy and Swan Collective. kennedy+swan explore the future of evolution and its impact on plants, animals, and humans. During their time in Dublin, the artists plan to develop a virtual reality (VR) experience that revolves around AI, quantum and healthcare.

Lagos and Dublin: Ìfolúwa únkyà, a Nigerian creative technologist and Extended Reality developer, whose work revolves around innovation, space and visual storytelling. He will be spending the first part of his residency in Lagos before coming to Dublin in the new year to explore a proposal around a VR performance experience involving movement directed by quantum circuits.

San Franciso: Irish-Swedish artist, curator and music composer, Edy Fung, whose interests focus on the origins of machine electronics and the information revolution. Her proposal consists of a sound installation and experimental (music and graphic) scores to explore new methods of artistic production using quantum technologies. This residency is in partnership with 'Djerassi Resident Artists Program' in California.

Berlin: Internationally acclaimed contemporary artist and futurist Amy Karle from San Francisco, who specialises in emerging and exponential technologies. Amy will participate in a Berlin Science Week event and meet local and international partners. The second part of her residency will take place online.

During this time, she will research the symbiotic relationship and reciprocal opportunities between quantum technology, artificial intelligence, biology, and explore the implications of their integration with our bodies and consciousness.

Speaking at the launch, Director of the Goethe-Institut Irland, Ulrike Gasser said: "We are delighted to officially launch Studio Quantum and welcome artists kennedy+swan to Dublin today.

"Studio Quantum builds on the success of the institute's 'Living in a Quantum State' initiative, which, through events in Dublin, Berlin, London and Beijing, engaged audiences in conversations around the future impact of quantum technologies.?With Studio Quantum, we are now expanding these conversations and connections within our global network.

The multidisciplinary programme serves as a bridge, connecting?artists and audiences with longstanding partners in technology, culture, science, and education. It fosters an open and dynamic dialogue at the intersection of quantum technologies and the arts."

Provost of Trinity College Dublin, Dr Linda Doyle, who was a member of the jury who selected the artists for the 2023 Studio Quantum residencies, and who was previously Professor of Engineering & the Arts in Trinity,?commented: "Quantum technologies have the potential to be hugely transformative, particularly when the interplay with AI is factore...

ESB has announced a new pilot partnership with

www.YourRetrofit.ie, the revolutionary platform which helps guide homeowners through their retrofit journey by providing tailor-made advice based on the specific details of their home. The partnership was agreed as part of the ESB-supported Free Electrons programme - the YourRetrofit.ie team will now work directly with ESB's Customer Solutions business unit, Electric Ireland, to deliver supports for homeowners beginning their home retrofit journey.

The unique algorithms of www.YourRetrofit.ie automatically provide a clear set of options enabling homeowners to avail of the highest energy rating uplift possible within their specified budget. The platform also includes details of all grants available to the homeowner, as well as providing estimates of the various savings and property value increases that can be achieved. Importantly, the site also connects homeowners with SEAI-approved contractors and One Stop Shop Services to commence the upgrade work.

As part of the partnership, visitors to the platform will be provided with estimates on the savings they could achieve with Electric Ireland price plans alongside their retrofit project. Through the site, homeowners can also avail of Electric Ireland's ever-growing suite of offerings, such as Solar PV, to enable them to take action at the click of a button.

Tom Bean, Head of Innovation and New Products, Electric Ireland, said: "

We are delighted to be working with YourRetrofit.ie to help customers on what can often be a complex process when retrofitting their home. Our goal is to support people on their journey to a lower-carbon world, and we firmly believe YourRetrofit.ie can play an important role in guiding customers to make the right energy decisions at home. This is aligned, and now part of, Electric Ireland's 'Your World, Brighter' campaign."

David Shiel, Managing Director of www.YourRetrofit.ie, said: "We are delighted to announce Electric Ireland, the country's largest energy provider, as a headline partner on our YourRetrofit.ie platform. Electric Ireland's net zero strategy perfectly aligns with our mission to drive significant increases in the number of retrofits being undertaken in accordance with the government's Climate Action Plan.

"Through this partnership, we are very excited to begin working on a variety of strategic initiatives combining our product sets with Electric Ireland's customer and market insights to drive increased accessibility, transparency and momentum in the retrofit marketplace. The YourRetrofit.ie platform provides simple to understand, tailor-made, advice regarding the upgrade options suitable for every home and budget."

The Free Electrons programme is the world's first global utility accelerator that gives entrepreneurs access to a panel of innovative electricity companies with a direct market channel to 80 million customers in 40+ countries around the globe. ESB is a founding member, and the grand finale of this year's programme took place in Mumbai, India in mid-October. Prime19 was selected for participation in the programme from 750 energy tech start-ups across 74 countries.

See more stories here.

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You can find hundreds of fantastic previous episodes and subscribe using whatever platform you like via our Anchor.fm page here: https://anchor.fm/irish-tech-news

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refurbed, who have achieved 1bn in GMV in June 2023 since its founding, has announced a $57 million (EUR 54M) investment led by existing investors Evli, C4 and Speedinvest, with significant participation from All Iron and several new backers. This Series C investment brings the total investment since the company's inception in 2017 to USD130mn, EUR115.8mn, following successful seeding in 2018 at just under USD 2mn (EUR1.8mn), Series A in 2020 (USD17mn, EUR13mn) and Series B in 2021 (USD54mn, EUR47mn) since the company's inception in 2017.

With this Series C investment, refurbed will continue to drive its mission to becoming the leading platform for sustainable products and services to empower consumers to purchase refurbished technology in a more accessible, risk-free, and more sustainable manner. "This milestone not only marks a significant achievement for refurbed, but also signals the wider market's shift towards embracing sustainability in consumer choices" said Peter Windischhofer, co-founder and CEO of refurbed and added. "Our scalable business model enables us to both grow profitably and make consumption more sustainable.

Refurbed is the leader in their markets, driving expansion across Europe, including Italy, Sweden, Denmark, Ireland, the Netherlands, as well as Germany and Austria. The Austrian-born company has experienced exponential growth, while prioritising a shift towards profitability in a volatile market environment. In its inaugural markets - Austria and Germany - refurbed has reached profitability in 2022 ahead of schedule.

Co-founder of refurbed, Kilian Kaminski added: "Our vision is to increase consumers' trust in refurbished products. Refurbishment must become the "new normal" and we as consumers must rethink our consumption in order to reduce the impact on the environment." "We are incredibly proud of our exceptional team, a mix of talent nurtured from within and experts we've brought in. Their dedication and passion have powered our remarkable journey, turning our dreams into reality. Equally, the network of, and close relationships with, our professional partners across Europe is crucial to supply high-quality, desirable products of multiple product categories", Kaminski continued.

With sustainability and circularity at the core of its mission and operations, this year refurbed's impact has been made measurable in collaboration with Fraunhofer, Europe's largest application-oriented research organisation delivering innovative data to business and wider society.

This research has provided concrete data illustrating the efforts of refurbed to create tangible, long-term impact: 160t CO2e, 34bn litres of water and 495t of e-waste that were saved within the 6.5 years that refurbed has been operating. It is thereby directly contributing to accelerating the transition to the circular economy.

Speaking on their investment decision, Riku Asikainen, founder and Managing Partner of Evli Growth Partners stated: "We are thrilled to announce our participation and support for Refurbed in this $57 million funding round. The exceptional team led by Peter Windischhofer, Kilian Kaminski, and Jürgen Riedl has demonstrated unparalleled dedication to advancing the circular economy in Europe.

Boris Bakech, Managing Partner at C4 Ventures added: "Many founders looking to scale their companies are met with many hurdles and in light of the challenges many tech companies had to face in 2023, this proved to be a difficult year for many. In this demanding environment, Refurbed not only thrived but also excelled within their sector while also keeping sustainability at the heart of every decision they made along the way.

Refurbed has recently been named as the winner of the Tech Tour Growth50 Sustainability Award, competing against over 300 European companies, and Kaminski, Riedl and Windischhofer have been named the "EY Entrepreneur of the Year 2023". The company is at the forefront of assisting customers in reducing their carbon...

Greenhouse, the hiring operating system for people-first companies, has released its EMEA HR Manager AI & Bias Pulse Report, revealing both optimism and concern with artificial intelligence (AI) in recruitment and hiring processes. The survey of 1,700 HR Managers in the UK, Germany, and Ireland found that nine out of ten (89%) are using AI tools in their HR departments. With layoffs often hitting HR and recruiting teams the hardest, close to two-thirds of the resource-strapped departments (65%)

say the greatest benefit of AI in the hiring process is efficiency.

Other benefits of AI reported include the ability to find the most suitable and skilled candidates (47%), better candidate matching (44%), reducing the effect of bias (43%), and automating repetitive tasks (42%). Despite the benefits of AI, there are challenges to overcome. While 44% of HR Managers say that AI will make hiring decisions for humans in the future, 35% say it has made wrong hiring decisions.

AI as a recruiting assistant, not a replacement

Almost half of respondents (47%) say they cannot fully trust AI hiring tools, and 34% say that AI will introduce more bias in all areas of recruitment. Two-fifths of hiring managers (40%) are concerned that AI is introducing further bias against historically underrepresented groups. AI should assist, but not replace, hiring decisions made by human beings, and close to half (47%) of HR Managers are worried about over-relying on AI without human oversight. "It's no surprise that resource-strapped

HR departments are excited about the benefits of AI. Our findings show that many believe AI will replace humans in decision-making, yet 35% say AI has made wrong hiring decisions. There is no evidence to believe that AI is capable of making end-to-end hiring decisions without human intervention," said Henry Tsai, Chief Product Officer at Greenhouse. "Efficiency should not come at the expense of fairness. There's just no good business or moral reason to hand the wheel to AI when we are aware of

its existing flaws and risks. AI in hiring is an assistant, not a replacement."

Despite AI concerns, human biases continue to plague the hiring process

While HR Managers are concerned about AI's potential for bias, the majority have failed to recognize their own biases are continuing to plague the hiring process. More than 68% of respondents say candidates' educational background would sway their hiring decisions. Close to one in every five HR Managers (17%) say that they only hire from the most prestigious universities in the region. The findings show that just 12% say educational background has no bearing on whether a candidate has the skills

and capabilities to be successful in a role. Furthermore, 56% of respondents would be more inclined to hire a candidate with a similar background to their own. "While many are concerned about the risks of AI introducing bias, HR Managers have failed to recognise their own biases that are plaguing the hiring process," said Colm O'Cuinneain, GM of EMEA at Greenhouse. "Candidates should be judged on their skills and capabilities, rather than the privilege of having access to prestigious university

educations and degrees that have no indication of whether a candidate will be successful in the role."

Additional findings from the report highlight:

The main AI tools HR Managers have adopted in their hiring processes include; generative AI (59%), digital admin software (49%), resume filters (48%), digital one-way screening interviews (43%), candidate filtering (43%), and AI screening tools (40%)

When deciding between two candidates, 53% of HR Managers would favour the candidate with the higher degree

Only 27% of HR Managers say a candidate's background similarities to their own have no impact on their hiring decisions

Over half (52%) say a distributed workforce has created cost savings in their organisations and 29% have implemented AI to support remote workers

Close to two-thirds (63%) of HR Managers have ...

Proptech has come on leaps and bounds since it started in the 1980's. In the early 2000's proptech innovation emerged and has continued to evolve proptech. One company that is continuing the evolution of proptech is RentDodo, who recently launched TenantCert, a unique new feature that aims to help eliminate growing levels of rental fraud in the midst of a housing crisis. Ronan spoke to Conor McGarry, CEO and Co-founder RentDodo Conor talks about his background, what RentDodo does, how they are

helping mitigate rental fraud and more. More about RentDodo: RentDodo is a proptech startup transforming the rental process in Ireland with its flagship product, TenantCert, streamlining the process for tenants and property managers, whilst helping to curb scammers. RentDodo provides tenants with an easier and more secure rental experience, mitigating friction points between landlords, and property managers.

See more podcasts here.

More about Irish Tech News

Irish Tech News are Ireland's No. 1 Online Tech Publication and often Ireland's No.1 Tech Podcast too.

You can find hundreds of fantastic previous episodes and subscribe using whatever platform you like via our Anchor.fm page here: https://anchor.fm/irish-tech-news

If you'd like to be featured in an upcoming Podcast email us at [email protected] now to discuss.

Irish Tech News have a range of services available to help promote your business. Why not drop us a line at [email protected] now to find out more about how we can help you reach our audience.

You can also find and follow us on Twitter, LinkedIn, Facebook, Instagram, TikTok and Snapchat.

Recent comprehensive surveys conducted between March and October this year have revealed concerning trends regarding the use of Artificial Intelligence (AI) in the workplace. The surveys, conducted by Legal Island, which encompassed a total of 500 HR respondents from various organisations across the island of Ireland, found that a startling 95% of these establishments have still to implement an active AI Use Policy in the workplace.

Mr. Barry Phillips, Chairman of Legal Island, and a former practising employment law barrister, expressed his concerns over these findings, stating: "These results are alarming. It suggests there's something of a Wild West going on at the moment in the workplace, reminiscent of the early days of the internet's introduction at work in the 90s. Employers back then chose to regulate its use only when it became clear employees were misusing email and the web, and when companies started facing penalties from regulators due to data breaches."

The lack of an AI Use Policy can expose organisations to reputational risks as well as unnecessary legal liability. The findings signal a pressing need for businesses to develop and enforce clear AI policies, ensuring safe and responsible use in the workplace.

Phillips added "Employers need to be proactive and set about determining how AI is to be used at work, and within what parameters. It's a complicated task when AI is evolving so quickly but those who choose to do nothing, preferring to watch from the sidelines, could end up in serious difficulties when they have no rules or practice guidelines to point to when something goes wrong."

On Wednesday, 29th November, Legal Island will host a full day review of employment law topics, with a keynote session on regulating the use of AI at work. This will include a template AI use policy, as well as expert advice on how to mitigate the risks of AI at work, whilst maximising the benefits. The event, Annual Review of Employment Law, will be held simultaneously online and in person at the Dublin Convention Centre.

Legal Island is a multi-award-winning workplace compliance company, founded in 1998, working across both Northern Ireland and the Republic of Ireland. Legal Island helps HR professionals understand employment law and how it applies to their workplace.

For further information, or to register for the event on 29th November, visit www.legal-island.ie/events.

See more stories here.

More about Irish Tech News

Irish Tech News are Ireland's No. 1 Online Tech Publication and often Ireland's No.1 Tech Podcast too.

You can find hundreds of fantastic previous episodes and subscribe using whatever platform you like via our Anchor.fm page here: https://anchor.fm/irish-tech-news

If you'd like to be featured in an upcoming Podcast email us at [email protected] now to discuss.

Irish Tech News have a range of services available to help promote your business. Why not drop us a line at [email protected] now to find out more about how we can help you reach our audience.

You can also find and follow us on Twitter, LinkedIn, Facebook, Instagram, TikTok and Snapchat.

XRHealth, the leading healthcare platform in Spatial computing, announces today that for the first time ever, a virtual reality (VR) headset will be sent to space to treat astronauts for mental health conditions during their next space mission targeted for launch on November 5th. XRHealth partnered with Nord-Space Aps and HTC VIVE to configure the VIVE Focus 3 headset to be compatible with the microgravity conditions of space.

While on a space mission, astronauts live in isolation and in non-stimulating and highly stressful environments that could potentially lead to mental health conditions. To address this, Nord-Space Aps created a virtual assistance mental balance initiative aimed to address astronauts' specific needs to maintain mental health while in orbit. Danish astronaut Andreas Mogensen will be the first astronaut in space to use the VR headset for preventative care during his 6-8 month mission with NASA Crew-7.

"Astronauts are essentially isolated during their missions for months and years at a time and are confined to small spaces with limited contact with friends and family," says Per Lundahl Thomsen, Chief Technology Officer at Nord-Space Aps. "Creating a virtual platform that addresses their mental health needs while in isolation is imperative for them to maintain a healthy lifestyle when they return. We partnered with companies that provide the most advanced technologies that could be adapted for space to provide the most beneficial experience for our astronauts."

The VR therapy will take place on the HTC VIVE Focus 3 headset with the simulator mode that was specially developed and adapted to work with the microgravity environment. In the past, using a VR headset in a microgravity environment posed multiple challenges around tracking and orientation since the jittering, rolling, and drifting of the content caused motion sickness and left astronauts unable to read the content in the headset.

In a microgravity environment, there are no gravity vectors to align orientation, which inherently creates a drift to the point where the VR headset is unusable and unstable. Previous projects with other VR headsets resulted in tracking being lost after just a few minutes of use. Nord-Space Aps, HTC, and XRHealth worked to engineer a VR platform that would operate in space by using a simulator mode and a specialized tracking methodology via the controllers.

"What an incredible honour that NASA, ESA, XRHealth, and Nord-Space Aps are using HTC VIVE technology to tackle some of humanity's most complex challenges in space exploration: isolation and mental health," said Cher Wang, Chairwoman and Co-Founder of HTC.

"It's a testament to our culture of innovation that VIVE Focus 3 was selected out of multiple VR headsets to accompany NASA Crew-7 on their months-long mission to the ISS. Our team tackled unique challenges to configure the headset for use in microgravity conditions and ultimately pushed the boundaries of what's possible in VR. Astronauts will be able to get the same mental health benefits of immersive tech as we do on Earth. It's a groundbreaking moment."

"XRHealth is harnessing spatial computing technologies to improve health for people around the world and now even in space," says Eran Orr, Chief Executive Officer at XRHealth. "We are excited and proud to deploy the first headset on a space mission to relieve the pressure and stress so astronauts will be able to keep top performance while doing crucial space missions."

A new study by

Fexco Group

, revealed a persistent preference among Irish consumers for physical cash exchange when travelling outside the Eurozone.

Fexco's Retail Foreign Exchange (RFX) division has been in operation since 1981 and year on year, Fexco caters to the travel money and money transfer needs of more than two million customers in the United Kingdom and Ireland annually.

The nationwide research, from Bounce Insights, surveyed 516 people to provide nuanced insights into the behaviours of Irish consumers:

A significant 39% always exchange Euros for foreign currency when journeying outside the Eurozone.

Another 32% choose to do so depending on their specific travel destination.

North America, South America, and Africa emerge as the top three regions where Irish travellers are most likely to exchange cash.

This is also reflected in Fexco's own internal data which revealed that the top currencies requested by customers are the US Dollar, and UK Sterling, followed very closely by the Australian Dollar (AUD).

The reasons to opt for cash range from concerns about potential card issues in foreign lands to an intuition that cash might be the preferred transaction mode in certain countries. A sense of security associated with carrying cash also emerged as a strong influencer.

Simon Phillips, Managing Director at Fexco Retail FX said:

"It is interesting to examine how consumer trends have changed in the post-COVID era. Despite a major rise in people accessing digital banking solutions and the decreasing use of cash in Ireland, the research demonstrates that people feel more at ease being able to access foreign currency when travelling abroad. This mirrors what we see in our own business with our customers still very keen to access cash beforehand.

"Customers can avail of excellent exchange rates with no commission fees for a wide variety of currencies through our credit union currency exchange service, either in-store or via doorstep delivery,"

Fexco's RFX Division remains highly successful in this industry operating an extensive high-street travel money network across the UK and Ireland, where it also provides foreign currency services to the Credit Union movement in-store and online via fexcocurrency.com. Its success is due to the strength of its RFX network, operations and customer-focused approach.

See more stories

here

.