News

A new survey from PwC suggests that although Irish workers are aware of the potential advantages of artificial intelligence, daily usage of these tools remains limited. The firm’s latest Workforce Hopes and Dreams report found that only 10 percent of employees in Ireland use generative AI each day, a lower proportion than the global average […]

Inflation across the euro zone rose slightly in the latest figures, reinforcing expectations that the European Central Bank will maintain its current interest rate stance for the foreseeable future. New data from Eurostat shows annual inflation increasing to 2.2 percent from 2.1 percent, keeping it close to the ECB’s target for most of the year. […]

New research into personal finance habits shows that most adults in Ireland maintain savings or deposit accounts alongside their current accounts. The survey, commissioned by Banking and Payments Federation Ireland, indicates that three quarters of respondents have set money aside, although the amounts vary widely. A significant proportion of those with savings hold smaller balances. […]

Irish Life Health has confirmed that it will apply another round of premium increases from January 2026, with prices rising by an average of 5 per cent across its policy range. The change will affect both new customers and existing members whose renewals fall due from the start of the year. This marks the fourth […]

New legislation aimed at protecting access to cash has now come into force, placing clear obligations on financial institutions to maintain ATM availability nationwide. The measure responds to growing concerns about the disappearance of cash services, particularly in rural communities affected by branch and post office closures. While the use of digital payments has accelerated […]

Employers can now begin registering for Ireland’s new pension auto enrolment system, My Future Fund, ahead of its formal launch on 1 January. The scheme is designed to bring hundreds of thousands of workers who currently have no occupational pension into retirement saving for the first time, and it places clear new obligations on employers. […]

Bank of Ireland has announced plans to pilot a new lending product designed to support homeowners who wish to trade down. The initiative, scheduled to launch in early 2026, will be available to all homeowners regardless of whether they are existing customers of the bank. The bank said the new loan is part of a […]

New data from Banking and Payments Federation Ireland shows a significant rebound in mortgage activity, with 45,500 approvals issued between January and October, representing a combined value of €14.6 billion. This is the highest volume recorded since 2022 and the highest value captured since the series began in 2011. The strongest growth came from first-time […]

As the Black Friday and Cyber Monday season gets underway, the Competition and Consumer Protection Commission is urging shoppers to exercise strong caution amid a rise in sophisticated online scams. The agency’s latest research indicates that nearly a quarter of consumers plan to buy during the sales period, creating fertile ground for fraudsters seeking to […]

European Union negotiators have reached a provisional agreement on a new framework aimed at reducing online payment fraud and improving consumer protection. The measures will place greater responsibility on banks and payment service providers, while also introducing new obligations for online platforms. Under the draft rules, payment service providers will be required to reimburse customers […]