Contactless payments surge to three million per day The volume of contactless payments rose by almost 18% year-on-year to more than 268 million in the first quarter of the year, hitting three million … Business • 29 Jun
64% of householders make energy efficiency improvements New research from Banking & Payments Federation Ireland reveals that 64% of consumers have carried out at least one significant energy efficiency home improvement as … Business • 03 Nov 22
Mortgage approvals slow in October - BPFI New figures from Banking Payments Federation Ireland show a slowdown in mortgage approvals in October both on a monthly and annual basis. Business • 30 Nov 21
Payment card fraud hits €24m in 2020 - BPFI New figures show that debit and credit card fraud losses rose by 9% to reach €24.1m last year with over 275,000 fraudulent debit and credit … Business • 23 Nov 21
Contactless payments hit new record highs Contactless payments have hit new record highs, while the number of people using online banking continues to grow, according to figures from Banking and Payments … Business • 11 Nov 21
Third quarter mortgage drawdowns jump by 40.9% - BPFI New figures show that the volume of new mortgages drawn down in the third quarter of this year jumped by 40.9% compared to the same … Business • 27 Oct 21
'Solid growth' in February mortgage approvals - BPFI New figures from Banking & Payments Federation Ireland show that the number of mortgages approved rose by 8.8% in February on a monthly basis and … Business • 25 Mar 21
SMEs warned of increased risk of invoice scams SMEs are today being warned of the increased risk of invoice related scams as fraudsters continue to take advantage of the current pandemic by targeting … Business • 10 Mar 21
Mortgage approval values at highest level since 2011 New figures show that the number of mortgages approved fell by 0.2% in November on a monthly basis, while they rose by 24.3% compared with … Business • 22 Dec 20
Contactless spending reaches record €2.9 billion in Q3 New figures shows that contactless payments hit a record high in the third quarter of 2020 with more than 182 million payments valued at almost … Business • 29 Oct 20
Cheque usage continues to decline - BPFI New figures show that the use of cheques continued to decline here with only 6.6 million cheque payments made in the first quarter of 2020. Business • 23 Jul 20
Aim to increase contactless payment limit by April 1 Banking & Payments Federation Ireland (BPFI) said the industry is aiming to increase the contactless payment limit from €30 to €50 by April 1. Business • 25 Mar 20
Banks see 7,000 calls a day on mortgage payment breaks The country's banks have seen a 400% increase in calls seeking financial support since the middle of March, new figures from Banking & Payments Federation … Business • 24 Mar 20
Bank group working on plan to manage virus situation A cross bank co-ordination group is working on an industry wide plan to best manage the continued provision of banking services in the event of … Business • 05 Mar 20
First time buyers continue to drive mortgage market First time buyer activity continued to drive the mortgage market in the final three months of last year, new figures from the Banking & Payments … Business • 29 Jan 20
Mortgage approvals see annual rise of 4.1% in August New figures show that the number of mortgages approved rose by 4.1% in August on an annual basis, while they fell by 15.1% compared to … Business • 26 Sep 19
Older people losing more money to scammers - survey One third of Irish people say they have lost money to a fraudster, a new survey from Banking & Payments Federation Ireland reveals. Business • 23 Sep 19
Household incomes struggle to finance accommodation The pressure on household incomes to meet the cost of accommodation continues to increase as housing prices move closer to peaks reached in 2007. Business • 11 Sep 19
BPFI defends sale of non-performing loans to funds New research has been published by the banking industry here which aims to address what it says are false claims made about the sale of … Business • 06 Sep 19
Mortgage drawdowns up by 8.8% in second quarter A total of 10,157 new mortgages to the value of €2.25 billion were drawn down by borrowers in the second quarter of the year. Business • 24 Jul 19
BPFI's Brexit banking FAQs for consumers The Banking & Payments Federation Ireland (BPFI) have today published a guide for consumers to help explain how Brexit will affect bank products and services … Business • 19 Jul 19
Housing commencements rose by over 31% in Q1 New figures today show that the number of housing commencements rose by 31.6% in the first quarter of the year compared with the same time … Business • 06 Jun 19
Increase in value and volume of mortgages drawn down There was an 8.9% increase in the number of mortgages drawn down in Ireland in the first quarter of this year, according to the body … Business • 26 Apr 19
First-time buyers, switchers dominate mortgage market Over three quarters of mortgage approvals in July were for either first-time buyers (FTBs) or borrowers switching their mortgage provider, according to latest figures from … Business • 04 Sep 18
Mortgage approvals top €1 billion in May New figures from the Banking & Payments Federation Ireland show that mortgage lending approvals reached over €1 billion in May - the highest monthly total … Business • 28 Jun 18
