Access to Cash Bill in Ireland given Cabinet approval
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University
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Hard
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The video discusses the introduction of a bill to ensure access to cash in Ireland, acknowledging the efforts of the banking team. It highlights the trend towards digital payments, accelerated by COVID-19, and the decline in ATM transactions. The bill aims to prevent financial exclusion by maintaining ATM access, using 2022 levels as a baseline. It sets criteria based on EU regions, ensuring a percentage of the population has ATM access within 10 km and specifying the number of ATMs per 100,000 people.
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What was the value of ATM transactions in 2019 compared to 2022?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the significance of the December 2022 level in relation to ATMs?
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OFF
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