Pearse Doherty is more right about Revolut and crypto than he realises – The Irish Times
Anyone who has sat through an Oireachtas committee could be forgiven for feeling some admiration for the four digital banks that did not show up for the finance committee’s hearing last week.
The apparent disdain of the banks was in its own way refreshing. Kowtowing to the people’s elected representatives with their inane questions on the regulatory oversight of neobanks was not for them. Leave that sort of thing to the legacy banks.
It turns out, however, that the reason for the no show was a little more prosaic. Their invitations were sent to the wrong people and in the case of one bank to a non-functioning email. Two of the banks, Revolut and Monzo, have indicated they will be available at a later date, possibly in January. The…
