Category Archives: News

Central Bank warns over increase in AI ‘deepfake’ scams

The Central Bank has issued a warning about an increase in artificial intelligence (AI) being used to create realistic social media ads and profiles impersonating public or business figures. These “deepfake” ads promote investment platforms or encourage consumers to join online “trading mentorship” groups for advice. The Central Bank said consumers are coached through the…

Central Bank fines Coinbase Europe €21.5m for anti-money laundering breaches

The Central Bank has fined cryptocurrency exchange Coinbase Europe €21.5m for breaching anti-money laundering and counter-terrorist financing transaction monitoring obligations. The breaches occured between April 2021 and March 2025. Coinbase Europe, which is part of the Coinbase Group, provides crypto asset and wallet services to customers globally to facilitate their use of its trading platform…

ISME calls for Fastway receivers to ensure goods in transit are returned or delivered

ISME, which represents small and medium businesses, has called on the receivers appointed to the parent company of Fastway Couriers to take immediate steps to ensure that goods currently in transit are either delivered to buyers or returned to vendors without delay. The association said it has received a huge number of reports from affected…

Ireland ranked 33rd out of 35 economies in ‘Global Talent Tracker’

A new ‘Global Talent Tracker’ from recruitment firm Hays and Oxford Economics has ranked Ireland 33rd out of 35 global economies. The country’s workforce was ranked poorly in the areas of talent value and flexibility, driven by high operational costs and growing pressure on skills availability in key sectors. “The findings reflect the pressures of…