Oireachtas Joint and Select Committees

Wednesday, 24 May 2023

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Authorised Push Payments Fraud: Banking and Payments Federation Ireland

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Regarding the group the BPFI set up, I commend its work on that but I note the restrictions. It is looking after the fact. The horse has well bolted down the fields and the customers and banks have been left short-changed as a result of this. If we had the shared information fraud database and our national strategy, is it still the banking industry that should be chairing that type of group or should it be more agency-led?

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