Consumer Alert: Budget 2025 energy credit announcement sparks new fraud attempts – Bank of Ireland
of Ireland is warning customers to be very vigilant to a wave of new fraud attempts following the announcement of a range of new energy credits this week. Fraudsters often use topical events that are the subject of a lot of media coverage and commentary – in this case, energy credits announced in the recent […]
Bank of Ireland warns customers on holiday to be extra vigilant for fraud
Take a minute to put these dedicated 24/7 emergency contact numbers into your phone before you start your holiday · Report lost cards or suspicious activity quickly – Bank of Ireland’s fraud team is available 24/7 by calling 1800 946 764 (ROI) or + 353 56 775 7007 when calling from everywhere outside Republic of Ireland, Great Britain and Northern Ireland. […]
Rise in Purchase Scams Duping Consumers
Bank of Ireland is warning consumers about a new wave of purchase scams which is luring consumers to make payments for goods and services through an advertisement online, which then transpires to be fake. In the last year, there has been a 32% increase in purchase scams reported to Bank of Ireland. From relatively low […]
Over one million customers warned of the dangers of Investment Fraud
Bank of Ireland has written to over one million personal and business customers to warn them of the risks of investment fraud. The warning comes as research has revealed that Irish consumers are being targeted by scammers with increasing regularity, with 94% of the population saying they’ve received a fraudulent text, email or phone call […]
Bank of Ireland warns about false articles online
“No company should be generating advertising revenue from criminals – social platforms really need to step up and crack down.” Bank of Ireland is warning about an increasing number of false articles appearing online designed to defraud consumers through fake financial products, investments or cryptocurrency schemes. The articles appear like news articles from genuine media […]
Sustainability-linked loans now available to over a third of Irish dairy farmers
Dairygold has announced a new partnership with Bank of Ireland to offer the Enviroflex loan package to Dairygold Milk Suppliers. Now available to over a third of all Irish dairy farmers, Enviroflex is designed to support Dairygold Milk Suppliers who are actively engaged in implementing environmentally sustainable initiatives to reduce their farms’ environmental footprint. A […]
‘New Year, New You’ spending takes off in first two weeks of January
Spending on gyms up 17% versus last year, sports clubs up 40% Bank of Ireland credit and debit card data for the first two weeks of January reveals that ‘New Year, New You’ spending in gyms and sports clubs shot upwards compared to last January. Many consumers are focusing on fitness and health, with spending on […]
New Extra Help Hub for vulnerable customers and their families and carers launched byBank of Ireland
The Hub will act as a ‘where to next?’ on managing financial affairs for people and families in challenging circumstances Bank’s Vulnerable Customer Unit has handled 30,000 cases since 2019 75% of calls relate to three areas: financial abuse, power of attorney, and support for those who have lost decision making capacity Bank has partnered […]
Savings and Investment Index shows climate change is fastest growing concern
Bank of Ireland’s Savings and Investment Index in Q3 2023 shows that climate change is the fastest growing concern, with almost a quarter of households (23%) now citing it as their number one worry, almost double the level seen in Q4 2022. While inflation continues to be the dominant concern (30% of households), it has […]
Fraudsters using family impersonation to prey on customers during holiday season
A spike in ‘family impersonation’ text messages reported in July 25% increase in customers falling victim to “Hi Mum/Dad” text scams Increase coincides with holiday season, with family members likely to be away from home Never trust text messages – stop, think and check! Bank of Ireland is warning of a high volume of family impersonation […]