A new report reveals that 67% of businesses frequently experience payment system issues with over half saying refund processing problems have directly cost them customers.   

To discuss with Emmet was is Alex Marsh, Chair of SALAD, and Non-Executive Director of the Centre for Finance, Innovation and Technology. 

AI is changing the face of so many industries across the world, and that remains through for the manufacturing industry. To tell us more on this is Director for Manufacturing at PwC Ireland, Gary Hanniffy.

Wednesday's business news headlines with Tom McEnaney.

Pat Lardner, CEO of Irish Funds joined Tom to talk through the competitiveness of the funds industry 

On Monday May 19th, the company Egis was awarded a long-term contract to operate and maintain the Dublin Tunnel, the Jack Lynch Tunnel and monitor 1,200km of motorway across Ireland. 

Joining Tom on the show was Steve Preece, CEO of Egis.

Tom McEnaney was joined on the show by Barry Manning after his re-appointment as Chair of the Irish Payments Council. 

Tom McEnaney looks at today's business news headlines.

The domestic economy in Ireland will remain ticking along nicely with modified domestic demand set to be 2.5% this year.  Unemployment is set to pick up a little bit next year but it’s all clouded by the global macroeconomic perspective.  That’s the view of AIB in its latest economic snapshot.   The report expects GDP here to soar then fall notably next year while consumer spending is set to moderate next year.  

To discuss the report findings Joe spoke to David McNamara is the AIB Chief Economist. 

Up to quite recently, if you had had a cancer diagnosis, you probably found it next to impossible to get life insurance cover even if you were fully recovered. There has been a code of practice in place from the insurance industry for the past year but no legislation. Now the insurance industry has stepped back and is supporting laws to enshrine the so-called “right to be forgotten“ when it comes to cancer survivors.

Speaking to Joe this morning was Robert Troy the Minister of State at the Department of Finance with special responsibility for Insurance. 

Leonie MacCann from Irish Life Investment Managers looks through all the business news and markets with Joe Lynam.