Discover all the payments and fintech-related news and analysis about Italy in The Paypers News, Reports, along with other Italy-specific insights on the payments and fintech industry:
Discover all the payments and fintech-related news and analysis about Italy in The Paypers News, Reports, along with other
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Italy's parliament has approved a measure in the 2023 budget that will impose a levy on payments firms and banks if they fail to agree lower fees on electronic transactions with shopkeepers.
regulation, central bank, transactions , payment methods
Visa has partnered with Fintech District, an international community of reference for the Italian fintech scene, to facilitate the growth of fintech ecosystem in Italy.
Visa, partnership, fintech, growth markets, financial institutions
Italy-based Owny ,who facilitates transactions in the used vehicles market, has allied with Shufti Pro to augment its IDV process while meeting KYC and AML regulations.
identity verification, fraud prevention, KYC, KYB, regulation, compliance
Italy’s antitrust agency has penalised online fashion retailer Yoox Net-A-Porter (YNAP) with USD 5.69 million over misleading pricing and its returns policy.
ecommerce, regulation, retail, online shopping, fraud prevention
Italy-based ConTe.it Prestiti has partnered with Open Banking platform Tink to offer customers an improved lending application experience.
partnership, Open Banking, lending, artificial intelligence
The Italian Data Protection Authority has blocked OpenAI’s ChatGPT in the country citing the illegal collection of personal data.
artificial intelligence, data protection, compliance, regulation, GDPR
Prestiamoci, a fintech active in social lending, and Open Finance pioneer Fabrick have partnered for automated and real-time management of P2P lending flows, according to Focus MO.
partnership, fintech, Open Finance, Open Banking
Global player in the payments service industry Worldline has launched its WL Petrol & Energy Suite in Italy, following a successful roll-out in Spain and Benelux region.
expansion, partnership, card scheme, digital payments, digital wallet, e-wallet, payments
Banca Sella has launched a new digital platform with an Open Banking perspective, according to newsbiella.it.
partnership, Open Banking, online banking
Italy-based independent asset manager Azimut, through its subsidiary Azimut Investments, has teamed up with Salt Edge, an Open Banking solutions provider.
Salt Edge, partnership, investment, mobile banking
The Sella Group has introduced the Metaverse 4 Finance Accelerator, reportedly representing the first Italian acceleration programme.
metaverse, startup
Italy-based fintech Nexi has partnered with BPER Banca and Banco di Sardegna by transferring their merchant acquiring ad POS management businesses to Nexi Payments.
banks, Acquirer, acquisition, partnership, POS
Italy-based Banca Sella has signed an agreement with Business Vision to expand Italian SMEs’ presence in foreign markets through to Alibaba.com.
partnership, SMEs, Alibaba, ecommerce, merchant, digitalisation
Paulina Plowiec-Hanano, Director Partner Development at PPRO, talks about the growing ecommerce market in Italy and the opportunities merchants benefit from by expanding their business in the area and providing the necessary local payment methods for customers.
local payment method, merchants, ecommerce, cross-border ecommerce, online payments, credit card, SEPA, e-wallet, digital wallet
Italy-based Sella has partnered IDEMIA to launch a biometric recognition card trial enabling people to make payments with their fingerprint via a small chip sensor.
partnership, product launch, card scheme, payments , payment processing, biometrics, biometric authentication, digital identity, identity method
Italy-based neobank HYPE has partnered with UK-based identity verification and authentication provider Onfido to automate customer onboarding.
digital onboarding, partnership, identity verification, neobanks
Payment technology Tribe Payments has partnered with mobile payment platform PayNice to provide risk monitoring solutions for the latter’s merchant customers.
partnership, risk management, fraud management, fraud prevention, fraud detection, financial data, transaction monitoring, cybersecurity
The Bank of Italy and IVASS have selected the Algorand blockchain to demonstrate how distributed ledger technology can be used for guarantees.
central bank, blockchain, insurance, online banking, digital banking
Crypto.com has received registration and regulatory approval from the Organismo Agenti e Mediatori (OAM) in Italy as a provider of virtual currency and digital wallet services.
cryptocurrency exchange, regulation, compliance
Credem has partnered with CRIF to launch a project aimed at expanding the range of services for its customers, involving account aggregation and personal finance management services.
partnership, data aggregation, personal finance management, Open Banking