AIB, a commercial bank, and First Data, a financial services company, completed the acquisition of Payzone, an Irish fintech payments business. Financial terms were not disclosed. "For AIB, this transaction means acquiring significant fintech capability and Payzone’s substantial payments footprint in Ireland. This will allow AIB to continue to evolve and enhance our customer offering, enable us to pioneer digital ecosystem products and services and represents growth potential. We are delighted to partner again with First Data Corporation in setting up this new joint venture and look forward to working with Payzone management to further build on their success," Colin Hunt, AIB CEO.