Bank of Ireland UK is promising more efficient banking as well as faster payments for retail and SMEs as it announces a £100m investment over three years.
The bank, which opened its first branch in Newry 200 years ago this year, has its UK operations headquartered in Belfast.
It is also pledged to “expand its sustainable lending, mortgage and broker offerings”, alongside increasing the functionality of its mobile banking app.
The company has also recently announced investments in its 13 remaining in-person branches in Northern Ireland and a £3m spend on improving ATMs.
Physical banks have become increasingly rare across Northern Ireland as the institutions have moved more and more of their functionality to online or remote services.
Over 50 banks have closed in Northern Ireland in the last five years, with some local representatives complaining that there are small towns with either limited or no opportunities for in-person banking.
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Gail Goldie, CEO of Bank of Ireland UK, said: “This investment is a measure of our ambition to continue to support our customers in Northern Ireland and sustainably grow our business.
“We remain a trusted financial partner to our customers because we’ve continually evolved to meet their needs and help them achieve their goals – like home ownership, starting and growing a business, and planning for the future.
“This year is an important one for Bank of Ireland in Northern Ireland as we mark 200 years since we opened our first local branch in Newry in 1825.
“As we celebrate this milestone, and announce this significant investment in our products and services, we look to the future with ambition and confidence.”