Elektrine
Log in Register

#centralbank

4 posts · Last used 18h

Back to Timeline
@TheBadPlace@mastodon.ozioso.online · 18h ago
News Headlines | 'Completely suckered': Fake brands steal faces to scam shoppers AI generated summary, Read the full article for complete information. Online purchase scams have become Ireland’s most common fraud, accounting for nearly half of all cases and costing €160 million in 2024, a 24.5 % rise from the previous year. Scammers operate fake “Irish” sites—such as a bogus skin‑care brand called Luméa and a counterfeit clothing shop “The Murphy Sisters Kinsale”—that mimic legitimate businesses, use AI‑generated ads and steal real‑creator footage to appear credible. Irish influencer Britney Nolan discovered her video was repurposed without consent to promote a fake “Luméa” mask, and victims like Joyce McMahon were duped into paying for products that never arrived, fearing further theft of their bank details. The Central Bank reports a 47 % surge in purchase‑scam cases in early 2025, while 38 % of victims never report the fraud, reducing their chances of recovery. Reporting to banks or authorities raises the likelihood of getting money back from 13 % to 57 %. The story underscores the growing danger of AI‑driven scams and the importance of buying only from trusted, verified sources. Read more: https://www.rte.ie/news/primetime/2026/0430/1571123-completely-suckered-fake-brands-steal-faces-to-scam-shoppers/ #BritneyNolan #CentralBank #Luma #JoyceMcMahon
0
0
0
@TheBadPlace@mastodon.ozioso.online · 2d ago
Sweden Herald - Latest Sweden News | Swedbank cuts 550 jobs by end of 2027 by Sweden Herald AI generated summary, Read the full article for complete information. Swedbank’s CEO Jens Henriksson said the new mortgage rules introduced on 1 April – raising the ceiling for new loans from 85 % to 90 % of a property’s value while temporarily limiting increases to existing mortgages to 80 % – spurred a “hoarding effect” as customers rushed to expand their loans before the limit was lifted, leading to a modest rise in mortgage inflows. At the same time, the bank announced a restructuring that will cut full‑time staff from 17 350 to 16 800 by the end of 2027, at an estimated cost of SEK 1.3 billion, with expected annual savings of about SEK 1 billion from 2028 onward. Henriksson noted that the changes have only a minor AI component, emphasized that mortgage margins remain stable despite recent rate hikes that outpaced deposit‑rate increases, and reported first‑quarter adjusted profit of SEK 10.2 billion, down from SEK 11.2 billion a year earlier, with net interest income falling to SEK 11.1 billion. Read more: https://swedenherald.com/article/swedbank-net-interest-income-higher-than-expected-in-the-first-quarter #Swedbank #JensHenriksson #CentralBank
0
0
0
@Nonilex@masto.ai · Jan 28, 2026
Meanwhile, #inflation "remains somewhat elevated," the #CentralBank said, while the job market has "shown some signs of stabilization." Though the #Fed noted that "job gains have remained low," it also removed language from its prior statement saying that downside risks to employment had risen - an indication policymakers as a group are becoming less worried about a rapid downturn in the labor market. #US #FederalReserve #FOMC #JeromePowell #Trump #InterestRates #economy
6
3
4
@Nonilex@masto.ai · Jan 28, 2026
The #US #FederalReserve has held #InterestRates steady. It cited still-elevated #inflation alongside solid economic growth, & it gave little indication in its latest policy statement of when borrowing costs might fall again. "Economic activity has been expanding at a solid pace," #Fed policymakers said in the statement after voting 10-2 to hold the US #CentralBank's benchmark interest rate in the 3.50%-3.75% range following a two-day meeting. #FOMC #JeromePowell #Trump #economy
7
2
5

You've seen all posts