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 Bernard DurkanBernard Durkan (Kildare North, Fine Gael) | Oireachtas source

I realise that measures have to be taken to protect the customer and I am glad to see it but I want to come back to the original question. Much more needs to be done with regard to technology. Social media has been mentioned. It has many advantages but it also has disadvantages. I am not inclined to believe everything I see or hear on social media and I would not want anybody else to do so either. Companies have to advertise on social media. Let us not forget there could be fake advertisements and I am sure there are such things. If there are, how prevalent are they?

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