Oireachtas Joint and Select Committees
Wednesday, 31 May 2023
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Authorised Push Payments Fraud: Discussion (Resumed)
Pearse Doherty (Donegal, Sinn Fein)
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I take on board that we may be dealing with foreign banks and the fraud happened online so it is a matter for where they are domiciled. There may be issues in relation to that and, as Mr. Cryan said, numerous attempts regarding one person's card or account. Outside of that, even with those exceptions and even if the number was as small as 2,000, if they are frauds, they have to be paid back. They are reported to the Garda by the banks. Does that mean they go onto the PULSE system?