Banking And Payments Federation Ireland

More than €44m laundered through money mule accounts in three years

Amounts moved typically ranged between €5,000 and €10,000 per case according to FraudSmart

Mortgage approvals rebound in July as first-time buyers drive activity

Approvals rose 18.6% in the month, supported by revival in loan-switching activity as some homeowners reach end of fixed-rate periods

‘Tell me Mr Conor, do you have any questions?’ A scammer calls Pricewatch

Fraudsters stole almost €100 million from Irish consumers last year – an increase of 16 per cent on 2022

AIB reports annual jump in card spending as customers flock to France

But pub and restaurant spending slumps amid ongoing consumer pullback

Average green loan more than twice as big as regular personal loan, BPFI says

Car loans hit highest level on record

GAA club buys prime site for playing field beside Dunnes Stores’ Cornelscourt complex in south Dublin

The best news, analysis and comment from The Irish Times business desk

Mortgage loan approvals fell in June, banking & payments federation figures show

First-time buyer drawdowns reach highest second-quarter level since 2007, says industry body

SuperValu customers hit by contactless payment glitch

Tech problem leaves stores unable to accept card payments

Spotlight on Central Bank’s vetting process should lower risk of groupthink

Over more than a decade, the regulator has received 50,000 applications to approve individuals for key positions, approving 11,000 in the past four years alone

Irish SMEs duped out of nearly €10m by email scams in 2023

Banking and Payments Federation of Ireland says majority of cases are invoice redirection scams where fraudsters impersonate trusted suppliers

Who is buying a home in Ireland today? The changing profile of first-time buyers

First-time buyers are getting older, buying smaller homes and are not necessarily in a couple. Some urban areas other than Dublin are seeing relatively low activity

Mover mortgage approvals decline in May amid shortage of second-hand homes

Activity levels among first-time buyers remain ‘robust’ despite annual decline in approvals, says BPFI

More workers may be needed to finish house builds, says banking group

Construction activity has risen sharply in 2024 but ‘increased labour capacity’ may be required to keep delivery of units in line with commencements

Half of Irish workers would refuse job offers with no option to work from home, research finds

Study suggests hybrid working is more important to employees in Republic than their global counterparts

First-time buyers looking further afield for homes amid stiff competition, BPFI research says

Nearly a quarter of all first-time buyers borrowed against a property in a different county last year

State must be ‘welcoming’ to foreign investors to meet €20bn housing cost, Minister says

Government is targeting 50,000 homes a year, says Michael McGrath

Banks warn of pressure to cut mortgage rates following ECB interest rate cut

Close to 200,000 homeowners are set to benefit from the ECB rate cut of 0.25 percentage points immediately

Top tips to avoid being scammed when you are on holiday

More than €100m was swiped from consumers in Ireland in various frauds and scams last year, according to data from the BPFI

Without a functioning capital market, Europe’s decline will continue

The opportunity costs of not having large and liquid EU capital markets are stark

Holidaymakers warned over complex scams after almost €100m stolen last year

Many at risk of being enticed by ‘unbelievable’ holiday deals and letting guard down when out of regular routines and environments, says banking federation

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