Work on the merger has been under way for some months with the new body led by IBF chief executive Noel Brett. Photograph: Brenda Fitzsimons / THE IRISH TIMES

The Irish Payments Services Organisation (IPSO) slipped into the red in what is set to be its final full year as a standalone body.IPSO recorded a de(...)

Laser cards were introduced in 1996 but have since been replaced by Visa debit and Mastercard.

Laser cards will cease to operate from this Friday, February 28th following the completion of the transition to Visa and MasterCard debit cards. (...)

UK culture secretary Maria Miller: praised for her ‘common sense’

The Royal Charter that the UK government had been attempting to introduce in Britain seems to be very nearly dead in the water, but just in case anyon(...)

ESB

ESB began scoping in preparation for the new payments system in mid-2012, with the formal SEPA Programme commencing in November of that year. “We ide(...)

Criminals are placing a device on ATM machines which traps the user’s card in the slot.  The criminal then swaps it for a fake card after offering to retrieve it.  Photograph: Getty

More than €30,000 has been stolen in the past week through an ATM scam, according to the Irish Payment Services Organisation (IPSO). The IPSO today wa(...)

A review of the State’s payments clearing process, ordered after a technical glitch hit thousands of Ulster Bank customers last summer, has recommended a number of improvements. Photograph: Frank Miller/The Irish Times.

A review of payment processing systems used by the State’s banks, ordered after issues at Ulster Bank affected tens of thousands of customers(...)