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

Ms Niamh Davenport:

I do not know specifically what they are and are not doing. As Deputy Doherty said, they will be appearing here in a few weeks.

It would be good to hear what those companies have to say on the matter. They are definitely trying to find it but these websites are going up very quickly. As soon as one site is taken down, the fraudster is setting up a new one. I would like to know more about what those companies do around that process but I am not close enough to answer the Deputy's question in detail. We would like to see more collaboration. I know, for example, that if members see a fake website, they will report it straightway. Perhaps there is a better way and a means by which we can improve things.

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