Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

I will answer that. I thank Deputy Doherty for raising the issue. He has tabled a number of parliamentary questions on this issue, and we have discussed it previously. I reassure him that there is work on the way. My Department is working very closely with the Central Bank of Ireland and Department of Justice. There is legislation emerging at EU level as well, namely, Payment Services Directive 3, and there will be enhanced authentication requirements. I will set out in writing to the Deputy a comprehensive reply on the issue.

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