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58% of contactless payments made using mobile wallets

The use of smartphones and smartwatches, as the preferred payment method in Ireland, is continuing to grow.

Pictures of blue 20 and orange 50 euro notes

Rebalancing of banking regulation needed, Federation says

The banking industry is calling for regulatory requirements in the sector to be simplified to address issues of competitiveness and investment.

Business • 02 Sep

The average home mortgage drawdown value in the first half of 2025 reached the highest semi-annual level on record at €329,444, new BPFI figures show

H1 mortgage drawdown values hit highest level since 2008

Mortgage drawdown values reached almost €6.2 billion in the first half of 2025 - the highest half year values since 2008 - new figures from Banking and Payments Federation Ireland show.

Business • 25 Jul

Billy Kane, founder and CEO of Finance Ireland

Billy Kane appointed to BPFI board

Billy Kane, founder and chief executive of Finance Ireland, has been appointed to the board of Banking & Payments Federation Ireland for a two-year tenure.

Business • 09 Jun

Mortgage approvals continued to grow in April - BPFI

There were 2,922 first-time buyer (FTB) approvals valued at almost €1 billion (€965m) in April, according to the latest figures from the Banking and Payments Federation of Ireland's Mortgage Approvals Report

Business • 30 May

This latest research was carried out in February, after Donald Trump was elected US President.

Geopolitics the top concern for international banks here

Nearly eight in ten international banks in Ireland say global political tensions could hit their business in the next five years.

Business • 13 May

BPFI said a total of 9,190 new mortgages worth €2.807 billion were drawn down by borrowers during the first three months of 2025

Average home mortgage drawdown at new record high - BPFI

New figures from Banking and Payments Federation Ireland show that the average home mortgage drawdown value reached €327,972 in the the first quarter of 2025 - the highest level on record.

Business • 29 Apr

Over 1.5 billion contactless payments, valued at €26.7 billion, were made in 2024

Almost 90% of card payments last year contactless - BPFI

Almost 90% of card payments made in shops, restaurants and other retail outlets last year were contactless, according to the latest Banking and Payments Federation Ireland's Payments Monitor.

Business • 31 Mar

Madouros Vasileios, the Central Bank's Deputy Governor, addressed the Banking and Payments Federation Ireland's National Payments Conference in Dublin today

Central Bank to keep up with payment innovations

The Deputy Governor of the Central Bank said that today amid a rapidly shifting frontier, the country needs to both catch up and keep up with the innovation in payments.

Business • 13 Mar

With mortgage rates falling again, many are opting to change lender in order to lock in a better deal

Mortgage switching activity picks up again as rates fall

Mortgage switching activity is growing again as customers try to take advantage of falling European Central Bank rates, according to online broker Doddl.ie.

Business • 10 Feb

Over 26,000 mortgages were drawn down by this group in 2024, worth €7.8 billion.

FTB mortgage drawdowns hit highest level since 2007

Mortgage drawdowns by first-time buyers hit the highest level since 2007 last year, new figures show.

Business • 30 Jan

A total of 4,400 mortgages were approved in November and first-time buyers accounted for 2,657 of these mortgages - 60.4% of the total volume

First-time buyer mortgage approvals hit record highs

New figures from Banking and Payments Federation Ireland (BPFI) show that first-time buyer mortgage approvals hit a record high last November.

Business • 10 Jan

Home mover mortgage values are also at a record high, with an average of €329,873

Average mortgage for first-time buyer hits high of €290k

The average mortgage value for a first time buyer has hit a record high of just under €290,000, new data shows.

Business • 20 Dec 24

Switching volumes increased to their highest monthly level since January 2023

Number of new mortgages approved in October up 8.6%

The number of new mortgages approved in October was up 8.6% on the previous month, the latest Banking and Payments Federation Ireland (BPFI) data shows.

Business • 03 Dec 24

The FraudSMART campaign has launched Scamchecker.ie

One in five regular online shoppers scammed in last year

One in five regular online shoppers has lost money through scams over the past twelve months, new research has found.

Business • 02 Dec 24

Personal loan drawdowns hit highest level ever in Q2

Strong demand for car loans propelled the value of personal loan drawdowns to the highest level recorded during the second quarter of the year.

Business • 05 Nov 24

Today's SME monitor shows that the Irish economy has performed well, particularly in the past two years in terms of both output and employment growth.

Labour productivity levels decline in key SME sectors

Labour productivity levels have declined in key SME sectors, a new report warns.

Business • 01 Nov 24

Customers are being conned out of between €6,000 and €8,000.

Consumers warned of new 'direct debit' scam on the rise

Consumers are being warned of a new 'direct debit' scam which is falsely leading people to believe their bank account has been hacked.

Business • 23 Oct 24

Only around one in three have looked for information on mortgage rates available over the past six months

Just 28% of mortgage customers have considered switching

Less than a third of mortgage customers have considered switching in the past year, new research shows.

Business • 16 Oct 24

In the 12 months to the end of June, a total of 1.4 billion contactless payments were made, valued at almost €25 billion.

Half of contactless payments made using mobile wallets

Smartphones and watches are becoming the preferred payment method for many, new data shows.

Business • 11 Oct 24

There were almost 50,000 mortgage approvals in the year to the end of August

Mortgage approvals fell 12.5% in August - BPFI

The number of mortgages approved in August fell by 12.5% when compared to July.

Business • 27 Sep 24

Despite the issue with apartment delivery, BPFI said demand for homes does remain robust

More apartments could slow housing delivery this year

The rising share of apartments in new housing developments could impact the speed of housing delivery this year, Banking and Payments Federation Ireland (BPFI) has warned.

Business • 24 Sep 24

38% of adults received a substantial gift or inheritance

More than a third of adults here have received a substantial gift or inheritance, new research has found.

Business • 24 Sep 24

Niamh Davenport from BPFI; Patrick O'Donovan, Minister for Further and Higher Education; and and Brian Hayes from BPFI

€44m laundered through money mule accounts over 3 years

More than €44m has been laundered through money mule accounts over the last three years.

Business • 18 Sep 24

These scams are being targeted at people over 50 who are likely to be thinking ahead in terms of their retirement (file pic)

Warning over increase in investment fraud

Fraudsters are increasingly using the details of legitimate investment firms to coax people to part with significant sums of money.

Business • 01 Sep 24