banks

AIB reverses plan to make 70 banks cashless after 'public concern'

AIB reverses plan to make 70 banks cashless after ‘public concern’

AIB has said it has “decided not to proceed” with the proposed changes to its banking services which would have seen a further 70 branches no longer process cash. In a statement on Friday morning, the bank confirmed the U-turn in its policy. The move was welcomed by Finance Minister Paschal Donohoe. “Banks have a …

AIB reverses plan to make 70 banks cashless after ‘public concern’ Read More »

The banks' plan for new mobile payment systems clears CCPC

The banks’ plan for new mobile payment systems clears CCPC

A plan from the largest retail banks for a new mobile-based payment system for competing services such as Revolut has been given the green light by the Competition and Consumer Protection Commission (CCPC) provided that certain binding commitments are met. The Synch platform is established through a joint venture of AIB, Bank of Ireland, Permanent …

The banks’ plan for new mobile payment systems clears CCPC Read More »

The central bank's warning contributes to Catriona Carey's misery

The central bank’s warning contributes to Catriona Carey’s misery

Thursday was another bad day for the accountant, cheater and former hockey international Catriona Carey. Since February, when RTÉ Investigates revealed how she and her company cheated people struggling to pay their mortgages, Carey has appeared regularly in the news. In early March, gardaí raided her home and confiscated documents and digital devices. Weeks later, …

The central bank’s warning contributes to Catriona Carey’s misery Read More »