The Banking and Payments Federation Ireland (BPFI) is the main representative body for the

banking A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because ...

and

financial services Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, acco ...

sector in

Ireland Ireland ( ; ga, Éire ; Ulster Scots dialect, Ulster-Scots: ) is an island in the Atlantic Ocean, North Atlantic Ocean, in Northwestern Europe, north-western Europe. It is separated from Great Britain to its east by the North Channel (Grea ...

. The BPFI was formed in 2014 from the merger of the

Irish Payment Services Organisation The Irish Payment Services Organisation Limited (IPSO) was established in June 1997. IPSO was a company limited by guarantee owned by its member banks. Its primary objective was to preserve the integrity and security of the bank payment syste ...

with the Irish Banking Federation (IBF). Its predecessor, the Irish Banking Federation, was founded in 1973 upon Ireland's accession to the

European Communities The European Communities (EC) were three international organizations that were governed by the same set of institutions. These were the European Coal and Steel Community (ECSC), the European Atomic Energy Community (EAEC or Euratom), and the ...

. The IBF in turn succeeded the Irish Banks Standing Committee established upon independence in 1922. Former

Fianna Fáil Fianna Fáil (, ; meaning 'Soldiers of Destiny' or 'Warriors of Fál'), officially Fianna Fáil – The Republican Party ( ga, audio=ga-Fianna Fáil.ogg, Fianna Fáil – An Páirtí Poblachtánach), is a conservative and Christian- ...

Senator and Party General Secretary

Pat Farrell Patrick Farrell is an Irish businessman and a former chief executive of the Irish Banking Federation. Career Farrell has been Head of Marketing and Communications and General Manager retail operations at EBS Building Society, Chief Executive a ...

is the chief executive. The group comprises domestic and international banks and financial services institutions operating in Ireland, and works with members, government, the

Central Bank of Ireland The Central Bank of Ireland ( ga, Banc Ceannais na hÉireann) is Ireland's central bank, and as such part of the European System of Central Banks (ESCB). It is the country's financial services regulator for most categories of financial firms ...

and other groups to support the development and growth of the banking sector in Ireland. In 2009, the group ran seminars for the Irish financial services industry on data protection, customer relationship management and fraud prevention. The Federation is a member of the

European Banking Federation The European Banking Federation is a trade association representing national banking associations in countries of the European Union and the European Free Trade Association. It represents over 3500 banks and about 2.6 million employees. It was ...

and the

International Banking Federation International is an adjective (also used as a noun) meaning "between nations". International may also refer to: Music Albums * ''International'' (Kevin Michael album), 2011 * ''International'' (New Order album), 2002 * ''International'' (The T ...

References

External links

Irish Banking Federation
Post-2008 Irish economic downturn Banking in Ireland Financial services in the Republic of Ireland Finance industry associations Financial services companies of the Republic of Ireland {{Ireland-org-stub