Discover all the Company news on UniCredit and other articles related to UniCredit in The Paypers News, Reports, and insights on the payments and fintech industry:
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Italy’s UniCredit has initiated a EUR 10.1 billion takeover bid for domestic competitor Banco BPM, marking a significant shift in its consolidation strategy.
acquisition, banks, financial institutions, financial services, regulation
UniCredit had planned to seek approval from the European Central Bank (ECB) to potentially increase its stake in Commerzbank to 30%, according to sources familiar with the matter.
acquisition, banks, central bank, regulation, merger
Italy-based international banking group UniCredit has announced its intention to acquire the entire share capital of Vodeno Sp. z o.o. and Aion Bank NV/SA.
acquisition, banks, financial services, BaaS
A recent ruling by a St. Petersburg arbitration court in Russia has mandated the seizure of assets, accounts, property, and shares owned by UniCredit, a major Italian bank, and its subsidiaries.
asset recovery, financial sanctions, lending, banks
UniCredit has announced it is upgrading all its debit, credit and prepaid cards to Mastercard Touch Card™, which includes features for blind and partially sighted people.
credit card, debit card, payments , online payments
Reuters reports that the European Central Bank (ECB) has decided to instruct Italy-based UniCredit to scale down its business activities with Russia.
compliance, regulation, financial sanctions, financial services
EU's Open Banking evolves with proposed regulations. UniCredit's Gianluca D'Imperio notes ongoing discussions for market impact, aiming for competitiveness by 2024.
regulation, Open Banking, Open Finance, PSD2, ASPSP, AISP, PISP
Germany-based insuretech Wefox has been backed by UniCredit and Deutsche Bank with USD 55 million in funding.
insurance, debt facility, artificial intelligence, POS
UniCredit and Alpha Services and Holdings have announced the signing of a merger in Romania and a partnership in Greece.
merger, partnership, banking, banks, financial institutions
Pan-European bank UniCredit has expanded its partnership with Mastercard to bring innovation in the payments space with a fully equipped card.
MasterCard, debit card, credit card, partnership, banks, digitalisation