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News

Meath students set to represent Ireland in European Finals of financial education competition

13th April 2018

Second year students will go head to head with students from 30 other countries in the live final of the European Money Quiz in Brussels

Meath students Ciarmhac O’Fionnagáin, 14, and Michael McGovern, 14, are set to fly the flag for Ireland as they bid to become European Champions in the finals of the European Money Quiz 2018, a European-wide financial education competition.

Mortgage Approvals – February 2018

27th March 2018

Banking & Payments Federation Ireland (BPFI) has published the latest figures from the BPFI Mortgage Approvals Report for February 2018.

BPFI Payments Monitor shows surge in electronic payments

15th March 2018

The latest BPFI Payments Monitor from Banking & Payments Federation Ireland (BPFI) shows strong growth in card payments, driven mainly by the widespread acceptance and use of contactless payments and continued growth in digital banking.

EU Action Plans on Fintech and on Sustainable Finance Welcomed by Banking Sector

8th March 2018

The Banking & Payments Federation of Ireland (BPFI) and its affiliates strongly welcome the European Commission’s Fintech Action Plan as published today.

This renewed emphasis on Fintech at EU level is particularly important given Ireland’s own expanding fintech ecosystem.  Ireland is a unique location in Europe in the way and extent to which it brings together domestic banking, global banking, leasing, funds, consultancy firms, law firms, internet darlings, indigenous start-ups and scaling companies to both collaborate and compete.

Refund of Bank Fees/Charges

2nd March 2018

Arising from the closure of bank branches over recent days due to severe weather conditions, some customers may not have been able to lodge funds to their accounts to meet the funding requirement of scheduled payments such as Direct Debits, Cheques and Standing Orders.  This may result in unpaid transactions and associated bank fees/charges for some customers.  In the circumstances banks have agreed to refund any such referral fees and any such unpaid fees/charges which may have applied to the following business days – Wednesday (28th Feb), Thursday (1st March) and Friday (2nd March).  Customer communications and the refund process will be managed by each individual bank.

BPFI Housing Market Monitor highlights a closing gap between demand and supply; however delays in supply are leading to latent demand

27th February 2018

Banking & Payments Federation Ireland (BPFI) today published the BPFI Housing Market Monitor for Q4 2017. In addition to presenting a unique range of loan-level data, the Monitor draws on a range of published data under the three key headings of housing supply, housing prices and rents, and housing transactions in its assessment of the current state of the housing market.

Mortgage Approvals – January 2018

27th February 2018

Banking & Payments Federation Ireland (BPFI) has published the latest figures from the BPFI Mortgage Approvals Report for January 2018.

Are you a whizz in a quiz?

12th February 2018

The 2018 programme of events for the Banking and Payments Federation (BPFI), European Money Week is now live – with this year’s events even bigger and better than before. Teachers and students will have a choice of competitions, events and engagements to take part in during the European Money Week, March 12 – 16, aiming to boost financial literacy levels and raising awareness on benefits of financial education.