The Irish Banking Federation has today announced that it has amalgamated with the Irish Payment Services Organisation (IPSO). According to press release issued from the newly formed Banking and Payments Federation Ireland, the merger of the two organisations had been underway for a number of months.

Banking has become a pan-European affair

With over 70 domestic and international member institutions, Banking and Payments Federation Ireland will be responsible for the promotion of member interests, including lobbying and laying the conditions for profitable banking.

Coinciding with the launch of the Banking and Payments Federation Ireland, the new organisation has announced the opening of a Brussels based office to promote lobbying and influence decision-making at European level.