US tech company choose Limerick as location of R&D Centre of Excellence

NORTH American Bancard LLC., a U.S.-based leader in fintech solutions, has announced it will create 54 jobs in Limerick City.

This centre-of-excellence will be responsible for developing the company’s portfolio of next generation risk management products and services.

Headquartered in Troy, Michigan USA, North American Bancard is a leading payment technology innovator.

This project is supported by the Irish Government through IDA Ireland.

Minister for Enterprise Trade & Employment Peter Burke TD said: “It is great news that North American Bancard (NAB) have chosen Limerick City as the location for their new R&D Centre of Excellence, with the creation of 54 jobs.

“NAB is a leading Fintech solutions and payment technology innovator, providing next generation risk management products and services.

“Limerick, and indeed the Mid-West Region, has the optimum level of skills and talent for NAB to thrive here, and the new roles will provide excellent employment opportunities for our graduates across a number of disciplines.

“Ireland has a thriving Fintech ecosystem where we have a track record in supporting the biggest Tech and Financial Services companies in the world for decades, and this new announcement by NAB reinforces this. I wish all the team in NAB the very best in this new and exciting chapter.”

Minister for Research, Innovation and Science, Patrick O’Donovan TD said: “As a proud Limerick person, I know how fertile a landscape we have here for talent, innovation and commerce.

“This investment by NAB in the Mid-West is further recognition of that talent, and their arrival to Limerick city will provide a significant boost to the wider local economy.

“Limerick is the perfect base for industry of this kind. Risk management solutions are important for us all, as we increasingly rely upon financial institutions to be resilient and withstand attacks. I look forward to the arrival of the NAB team and hope to be able to pay a visit to their site in the coming months”.