The voice of banking and payments in Ireland
The Single Euro Payments Area (SEPA) is a European-wide initiative to standardise the way retail electronic payments are made and processed in euro. Using SEPA, payments throughout Europe can be as fast, safe and efficient as when using national payment systems. SEPA enables customers to make payments (Direct Debits, Credit Transfers) to anyone located within […]
The Single Euro Payments Area (SEPA) is a European-wide initiative to standardise the way retail electronic payments are made and processed in euro. Using SEPA, payments throughout Europe can be as fast, safe and efficient as when using national payment systems. SEPA enables customers to make payments (Direct Debits, Credit Transfers) to anyone located within […]
1 in 10 mortgage arrears cases estimated to involve separated borrowers Banking & Payments Federation Ireland (BPFI) today called for consideration to be given to a number of possible policy and legislative measures that would better enable lenders to deal with separated borrowers in the context of mortgage arrears. BPFI estimates that cases involving separated […]
The support documents provided below are for guidance and to assist in the interpretation of the SEPA Rule Books and Implementation Guidelines. Creditors should always consult with their bank for information on the SEPA payment schemes. BPFI does not accept any responsibility for any loss or damage caused or suffered by any person who relies […]
Rising energy cost and lower than expected BER ratings on non-domestic buildings will see businesses focus on energy efficiency CSO data on Building Energy Rating (BER) shows only 21% of non-domestic buildings constructed between 2015 and 2021 received an A rating compared with 97% of domestic dwellings constructed during the same period Imperative that SMEs […]
Electronic payments continued to grow strongly as Covid restrictions were eased and business activity increased Online and mobile banking payments grew by 15% year on year to 32 million in Q2 2021 Contactless payments hit new daily high in July with over 2.5 million payments made per day worth €40.5 million 10TH September 2021 – […]
Electronic payments continued to grow strongly as Covid restrictions were eased and business activity increased Online and mobile banking payments grew by 15% year on year to 32 million in Q2 2021 Contactless payments hit new daily high in July with over 2.5 million payments made per day worth €40.5 million 10TH September 2021 – […]
Housing activity recovers strongly but faces cost and affordability headwinds Rising cost pressures could exacerbate affordability issues Thursday 10th June 2021 – The latest Housing Market Monitor Q1 2021 published today by Banking & Payments Federation Ireland (BPFI) shows that housing activity recovered strongly in early 2021 despite public health measures that shut down much […]
BPFI were delighted to welcome the European Banking Authority (EBA) to discuss its sustainable finance mandate at two recent webinars. The two separate BPFI webinars saw Pilar Gutierrez, Senior Policy Expert with the EBA presenting members with a comprehensive look at ESG disclosures obligations that impact on financial institutions and Fabien Le Tenier, Policy Expert […]
