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Ireland’s Top Scoring Business Students Awarded for Outstanding Achievement

30th January 2020

Four students from secondary schools across the country have been awarded with gold medals for their outstanding achievements in the 2019 Leaving Certificate and Junior Certificate business exams. The winners received their medals as part of the Business Studies Teachers’ Association of Ireland (BSTAI) Achievement Awards, hosted by Banking & Payments Federation Ireland (BPFI) at their offices on Molesworth Street, Dublin.

BPFI calls for measures to address separated borrowers in mortgage arrears

15th January 2020

Banking & Payments Federation Ireland (BPFI) today called for consideration to be given to a number of possible policy and legislative measures that would better enable lenders to deal with separated borrowers in the context of mortgage arrears.  BPFI estimates that cases involving separated borrowers account for 10% of all mortgage arrears cases.


BPFI Announces Appointment of Three New Directors

13th January 2020

Banking & Payments Federation Ireland (BPFI) has announced the appointment of three new directors to its Leadership Team. Niamh O’Donnellan has been appointed Director of Regulation & Supervision, Richard Walsh as Director of Industry Collaboration & Innovation and Olivia Buckley as Director of Public Affairs.

Many businesses not prepared for Brexit – BPFI urges action

8th January 2020

Banking & Payments Federation Ireland (BPFI) has today urged SMEs to prepare for a Brexit impact; and has published a Brexit finance checklist for SMEs outlining key advice on financial and banking preparedness ahead of the UK’s expected exit from the EU at the end of January. The checklist provides information on a range of areas including custom guarantees, currency volatility, cashflow management and credit supply.

Mortgage approvals for November 2019 show continued year-on-year growth

3rd January 2020

Banking & Payments Federation Ireland (BPFI) has published the latest figures from the BPFI Mortgage Approvals Report for November 2019.

The following are the key elements:

  • A total of 4,182 mortgages were approved in November – some  2,109 (50.4%) were for first-time buyers (FTBs) while mover purchasers accounted for 1,112 (26.6%).
  • The number of mortgages approved fell by 7.4% month-on-month and rose by 2.0% year-on-year.
  • Mortgages approved in November 2019 were valued at €960 million – of which FTBs accounted for €493 million (51.3%) and €303 million (31.5%) by mover purchasers.
  • The value of mortgage approvals fell by 5.8% month-on-month and rose by 7.2% year-on-year.
Almost 1.5 million contactless payments made per day in Q3 2019

2nd December 2019

Consumers made almost 1.5 million contactless payments a day in Q3 2019, according to the latest contactless update from Banking & Payments Federation Ireland’s Payment Monitor. The number of contactless credit and debit card payments* grew by 44% year-on-year with nearly 135 million payments valued at more than €1.6 billion.

Over €4 billion of online purchases using cards expected between November and December

27th November 2019

FraudSMART, a fraud awareness initiative led by Banking & Payments Federation Ireland (BPFI) and supported by An Garda Síochána, have issued a strong warning to thousands of consumers to be extra cautious in their online activity on Black Friday and Cyber Monday and to make purchases using only secure websites, where ‘https’ and a padlock symbol are on display.

20% of Irish adults have experience of financial abuse

25th November 2019

Up to 20% of adults have experience of financial abuse, however many older adults still do not think that it could happen to them – according to new research commissioned by Banking & Payments Federation Ireland (BPFI). The findings of the research have been published as part of a public awareness campaign, led by BPFI in partnership with Safeguarding Ireland, which is highlighting the need for greater awareness of the real risks of financial abuse and calling on all adults to better plan ahead to safeguard their finances.