{"id":50874,"date":"2025-09-08T13:37:13","date_gmt":"2025-09-08T13:37:13","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/50874\/"},"modified":"2025-09-08T13:37:13","modified_gmt":"2025-09-08T13:37:13","slug":"irish-banks-to-launch-revolut-competitor-the-irish-times","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/50874\/","title":{"rendered":"Irish banks to launch Revolut competitor \u2013 The Irish Times"},"content":{"rendered":"

The big Irish banks are set to launch an instant mobile payments service<\/b><\/a> early next year in an effort to take on Revolut.<\/p>\n

The financial institutions have reformulated a previously abandoned project for a competing mobile application, with the new system set to be integrated into the banks\u2019 own apps. Joe Brennan reports on the new mobile-based system, set to be called Zippay, here.<\/p>\n

In its prebudget submission, the Small Firms Association (SFA) has urged the Government to introduce a temporary PRSI rebate<\/b><\/a> to aide with labour costs.<\/p>\n

The group is seeking tax cuts to offset rising costs and the introduction of a scaled hybrid working tax credit to help with talent acquisition and retention. The SFA have also called for a \u20ac600 million Government subvention to help with high energy costs, writes Hugh Dooley.<\/p>\n

Columnist Pilita Clark <\/b>makes the case for human resources workers.<\/b><\/a> \u201cWorking in HR is not for wimps,\u201d she writes, noting that employees\u2019 frustrations with divisions that enforce corporate rules may be matched by managers too.<\/p>\n

She reflects on rising doubts about widely espoused HR policies, including hybrid work and the need for diversity in the workforce stretching back before US President Donald Trump\u2019s crackdown.<\/p>\n

The modest property tax<\/b><\/a>, collected by Revenue and passed on to local authorities, is efficient in terms of collection cost, but governments and councils have shied away from enabling the yield to rise in line with soaring house prices. <\/p>\n

Of all forms of wealth taxation, property tax is the most difficult to evade or avoid \u2013 the physical assets cannot be shifted abroad. If we want to achieve a fairer distribution of wealth, an effective property tax is essential, writes John FitzGerald in his Monday column.<\/p>\n

Ardnacrusha<\/b><\/a> <\/b>was a project that lit up a nation \u2013 not only with power, but with purpose. I urge us all to channel that spirit, not to look back with nostalgia, but to look ahead with resolve. <\/p>\n

Ireland\u2019s future will not be built by chance, but by our collective choice. Let\u2019s choose ambition. Let\u2019s choose to build the Ireland we and future generations all deserve, argues Colin Hunt, chief executive of AIB and newly appointed president of Ibec, in our Business Opinion slot.<\/p>\n

\"\"Why are some independent Irish breweries turning off their taps and closing?<\/p>\n

\u201cI wanted to buy a boat to rent out to people as a kind of Airbnb business and I borrowed \u20ac30,000 from the bank to do it. As I went through the process of setting it up on the Galway docks, I fell in love with the local sailing folks, joined the Galway Hooker Sailing Club and ended up using the boat to get out on the water as much as I could.\u201d<\/p>\n

\u201cI\u2019ve now got so many memories with close family and friends that make that purchase one of the best I\u2019ve ever made,\u201d Tim Jones, chief executive of Galway-based medtech company Symphysis Medical<\/b><\/a>, tells Me & My Money<\/p>\n

In his weekly Q&A, Dominic Coyle deals with a question from a reader about selling their share in an inherited property<\/b><\/a> to a family member, noting that it would be seen as an investment property and that gains from its sale would be liable for capital gains tax.<\/p>\n

If you\u2019d like to read more about the issues that affect your finances try signing up to On the Money<\/a>, the weekly newsletter from our personal finance team, which will be issued every Friday to Irish Times subscribers.<\/p>\n","protected":false},"excerpt":{"rendered":"The big Irish banks are set to launch an instant mobile payments service early next year in an…\n","protected":false},"author":2,"featured_media":50875,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73],"tags":[79,959,18,19,17],"class_list":{"0":"post-50874","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-business","9":"tag-business-today","10":"tag-eire","11":"tag-ie","12":"tag-ireland"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/50874","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=50874"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/50874\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/50875"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=50874"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=50874"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=50874"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}