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
Mr. Richard Walsh:
In that particular case, where the authorisation used the correct credentials and appeared in the correct manner, I imagine the bank would view that as authorised. In the discussion that takes place, I imagine the banks would be sympathetic if people could show that it was genuinely not them but a fraudster who gained access, but they would have to explain how they could have happened.
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