ᖴIᑎTEᑕᕼ IᖇEᒪᗩᑎᗪ 🇮🇪

#FintechIreland / #irishfintech #Ireland on the global map. #fintech #regtech #payments #insurtech #Brexit #startups #blockchain. Put us in your tweet for RTs.

[ᖴIᑎTEᑕᕼ IᖇEᒪᗩᑎᗪ 🇮🇪 @FinTechIreland]

Get your tix for the #FintechIrelandSummit happening on Thursday 27th November 2025 here https://t.co/DYXpIXQvyw.

Great line up of attendees, speakers and sponsors.

Thanks to @InvestnetEvents @InterceptIE

[ᖴIᑎTEᑕᕼ IᖇEᒪᗩᑎᗪ 🇮🇪 @FinTechIreland]

@danobrien20 @Independent_ie Never knew we had an account 🤣

[ᖴIᑎTEᑕᕼ IᖇEᒪᗩᑎᗪ 🇮🇪 @FinTechIreland]

Resolved. Seems there were a few ways to start process,ie via app or email. Perhaps these conflicted. Anyway sorted now and application we are told is being assessed.

[ᖴIᑎTEᑕᕼ IᖇEᒪᗩᑎᗪ 🇮🇪 @FinTechIreland]

Hi @monzo - we start the process in Ireland to open the business account following the Internet link for Irish business accounts but we receive at the end of the introductory process the below.

[ᖴIᑎTEᑕᕼ IᖇEᒪᗩᑎᗪ 🇮🇪 @FinTechIreland]

Great to be invited by the Embassy of Canada in Ireland to hear from the Right Honourable Prime Minister of Canada @MarkJCarney at @tcddublin

In his post speech Q&A the PM noted the need for responsible #AI. Opportunities for 🇮🇪 & 🇨🇦 in both AI & #fintech called out in the release.
https://t.co/ggBiipFLwr
@canadaireland

[ᖴIᑎTEᑕᕼ IᖇEᒪᗩᑎᗪ 🇮🇪 @FinTechIreland]

@SECPaulSAtkins @AndreCasterman Wow. Are some US regulators blurring politics and impartiality

[ᖴIᑎTEᑕᕼ IᖇEᒪᗩᑎᗪ 🇮🇪 @FinTechIreland]

See post below by @InterceptIE which attended @CyprusinIreland tech event hosted by H.E. Louis Telemachou, the Cyprus Ambassador to Ireland, this week.

We are delighted to support @FintechCyprus.

@FinTechUK_HQ worth noting @CyprusInUK!

https://t.co/5VRI5C8hwp

[ᖴIᑎTEᑕᕼ IᖇEᒪᗩᑎᗪ 🇮🇪 @FinTechIreland]

Next Fintech Ireland Leaders' Series Webinar with Cameron Carr, Senior Policy Specialist Markets & Funds Policy – Policy and International @centralbank_ie with @oakeslaw Thursday 28th May 2026 at 1000am. #DLT #Blockchain #tokenisation #regulation

https://t.co/O7E5N3tim1
@InterceptIE @FinTechUK_HQ

[ᖴIᑎTEᑕᕼ IᖇEᒪᗩᑎᗪ 🇮🇪 @FinTechIreland]

On the matter of the Big Four staff caught cheating, note:

28 June 2022 - Ernst & Young to Pay $100 Million Fine After Auditors Cheated on Ethics Exams. https://t.co/yfqoOZetnK

10 April 2024 - KPMG, Deloitte affiliates hit with US penalties for exam cheating https://t.co/z2YnVgyOtl

12 April 2024 - US Audit Regulator Imposes Record Penalty on KPMG Netherlands for Exam Cheating by Hundreds of Professionals https://t.co/IogrhWdApw

5 July 2025 - Here’s Why Deloitte, PwC and EY Were Fined ₹71 Crore Over ‘Exam Cheating’ Scandal https://t.co/d0kkKeKhJc

16 February 2026 - KPMG partner fined for using artificial intelligence to cheat in AI training test. Firm says person fined A$10,000 is one of over two dozen staff in Australia caught using AI in exams since July https://t.co/7xZqx50NCZ

[ᖴIᑎTEᑕᕼ IᖇEᒪᗩᑎᗪ 🇮🇪 @FinTechIreland]

You couldn't make this up - but @EYnews and #AI can!

[Credit #PeritiAI for use of its AI tools to check the content and reports. But blame us for the post images. Clearly AI wouldn't create such amateur MS Paint images.]

As recently as 23 January 2026 EY was, like all the large professional services firms, virtuously preaching to mere mortals and, in fairness, internally about how the conglomerate's expertise and advice in AI will help their clients and their employees. So we better listen to them, right?

This quote is both priceless and prescient: "To truly advance responsible AI, we urge you to take concrete steps today. Begin by adopting the outlined mitigation framework to embed provenance and confidence thresholds into your workflows."

Jump forward not even a full 4 months and someone at EY didn't get that memo. We read on 15 May that "EY [Canada] has withdrawn a study on loyalty rewards programmes that included apparent #AIhallucinations and fake footnotes, in the latest example of a professional services firm being led astray by the new technology."

The study was created [literally created 😅] to market its hashtag#cybersecurity business and used made-up data, mis-attributed citations and referenced a @McKinsey report that does not exist as discovered by online researchers.

The study titled “Points of Attack: Uncovering Cyber Threats and Fraud in Loyalty Systems” was removed from its website after the hallucinations were reported by the research group @GPTZeroAI late on Thursday 13 May 2026.

Now of course EY is the only bogeyman Big 4 out there seeking to scare firms into using their AI services. But they are, like Deloitte, one of the few who don't practice want they preach in this area. In 2025, Deloitte had to pay money back to the Australian government after using AI in $440,000 report. The Aussies received a partial refund after several errors were found in a report into a department’s compliance framework. This was 6 October 2025. Then in 22 December 2025 Deloitte warned us that "AI doesn’t lie, it hallucinates and M&A due diligence must address that". This Big 4 pronounced that "root causes of AI hallucinations often lie in biases within training data, algorithmic errors, misinformation in data sources, or limitations inherent in AI models. For instance, a 2024 medical study found that when large language models were asked to generate references for systematic reviews, GPT-4 hallucinated 28.6% of citations." Question. Why did it not cited its own failings just two months earlier.

Moral of the story is that if you are a Big 4 never air your dirty laundry while hawking your services to clean others. However it could be worse, at least none of the Big 4 have been caught cheating in ethics exams...wait a minute! 🫣🤔

All links to sources in comments - way too many for post character limitations.

[ᖴIᑎTEᑕᕼ IᖇEᒪᗩᑎᗪ 🇮🇪 @FinTechIreland]

* 20260515 FT Report on EY hallucinations - https://t.co/5w1bFOtRK4

* 20260123 EY Paper Managing hallucination risk in LLM deployments at the EY organization - https://t.co/lBAwgHegJA

* 20260514 Chasing the Hallucinations by GPTZero - https://t.co/vvuBBCsgkL

* 20251006 Guardian Report on Deloitte hallucinations - https://t.co/6YZGCQFlZB

* 20251222 Deloitte hallucination warning - https://t.co/3c6T7ZcqLz.

Credit: https://t.co/5twrX1KDjB for use of its AI tools to check the content and reports. But blame me for the post image. Clearly AI wouldn't create such amateur MS Paint images.

[ᖴIᑎTEᑕᕼ IᖇEᒪᗩᑎᗪ 🇮🇪 @FinTechIreland]

Hey @grok - one reports graphic porn material where woman depicted in a submissive & coercive sexual situation where aggressive force used against. Informed it doesn't breach @X guidlines? Two brutal porn videos both tagging #Eurovisión2026. This is very bad.

[ᖴIᑎTEᑕᕼ IᖇEᒪᗩᑎᗪ 🇮🇪 @FinTechIreland]

"With the right policy choices, digital assets can enhance efficiency while preserving monetary policy effectiveness, financial stability and Europe’s monetary sovereignty".

Translated this means the ECB will make policies on an arbitrary basis to direct the success or otherwise of stablecoins as these are now perceived as a threat to the euro.

[European Central Bank @ecb]

Digital innovation is transforming payments and finance, says Executive Board member Piero Cipollone. With the right policy choices, digital assets can enhance efficiency while preserving monetary policy effectiveness, financial stability and Europe’s monetary sovereignty https://t.co/iud9u4QC0n

[ᖴIᑎTEᑕᕼ IᖇEᒪᗩᑎᗪ 🇮🇪 @FinTechIreland]

2/2 @IBKR_Europe, Could you ask @Plaid to add it? Seems odd that BoI Business on Line is in your openbanking list but not BoI's 365 on line which is used by corporates. Thanks.

[ᖴIᑎTEᑕᕼ IᖇEᒪᗩᑎᗪ 🇮🇪 @FinTechIreland]

Hi @IBKR_Europe, asked your helpdesk/support about whether your company which uses @Plaid for #openbanking could add Bank of Ireland's 365 online to BoI Business on Line to fund a corporate account. Many BoI corporate customers use 365 online as it is a better service for SMEs.

[ᖴIᑎTEᑕᕼ IᖇEᒪᗩᑎᗪ 🇮🇪 @FinTechIreland]

@Oakeslaw @lufthansa @X @elonmusk @grok - how do these fraudsters breaching
@lufthansa's intellectual property rights (i.e. logo) get their accounts registered on X through @X's on-boarding process and policies??

[ᖴIᑎTEᑕᕼ IᖇEᒪᗩᑎᗪ 🇮🇪 @FinTechIreland]

"Cook will stay at the company in the role of executive chair."

Hmm. An executive chair? So still essentially the CEO.

#apple
https://t.co/keMGeYlTE8

[ᖴIᑎTEᑕᕼ IᖇEᒪᗩᑎᗪ 🇮🇪 @FinTechIreland]

Hi @Uber_Support

Your app suddenly no longer works on my Samsung Z Fold 7. See bottom of screen shot. Unable to click and no white writing on button. Wondering is this is a compatability issue?

[ᖴIᑎTEᑕᕼ IᖇEᒪᗩᑎᗪ 🇮🇪 @FinTechIreland]

@businessposthq Can we be very clear on this. This is not an Irish plan. It is an Ireland's response to an European Commission Plan which Ireland seeks to capitalise on during its Presidency of the European Council. We need to be clear on these things.

[ᖴIᑎTEᑕᕼ IᖇEᒪᗩᑎᗪ 🇮🇪 @FinTechIreland]

“Ireland is a relatively young country and, for the first time, we are seeing, on a grand scale, intergenerational wealth occurring,” Myles O'Grady of @talktoBOI says.

That is why #FintechIreland is supporting Irish start up @NestiFi established by repeat entrepreneur @DennehyNiall. #NestiFi Gives Financial Institutions an AI-Powered Platform for Savings and Intergenerational Investing.

https://t.co/rVMHCRLrFy

[ᖴIᑎTEᑕᕼ IᖇEᒪᗩᑎᗪ 🇮🇪 @FinTechIreland]

@businessposthq @ReginaDo Have you seen a solution provider for this initiative? One is @NestiFi_ by @DennehyNiall