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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
Fideuram Intesa Sanpaolo Private Banking (FISPB), Intesa Sanpaolo Group’s private bank, has partnered with BlackRock to advance the expansion of its Digital Wealth Management solution in Italy and Europe.
partnership, cash management, wealth management, expansion, digital assets, digital banking
Germany-based fintech MODIFI has announced that it secured USD 15 million in a funding round led by SMBC Asia Rising Fund.
investment, funding, SMEs, cross-border payments, B2B payments
Multinational payment card services corporation Visa has announced the renewal of its multi-year strategic collaboration with Intesa Sanpaolo, with the two planning to focus on advancing the digital transition of payments.
partnership, online payments, mobile payments, digital payments, financial services
Rabobank, based in the Netherlands, has become the latest IBOS Association (IBOS) member, scaling geographic coverage in Europe for other member banks within the organisation.
partnership, digital banking, online banking, mobile banking, sustainability , expansion
Thought Machine, a provider of cloud-native banking technology, has announced that its client, Judo Bank, has migrated its lending operations to Vault Core.
partnership, payment processing, payments , banking, financial institutions
SplitMetrics has found that UK neobanks are on track to surpass UK legacy banks in lifetime Android app downloads by the start of 2025.
neobanks, banking, fintech, banks, research
UK-based Thought Machine has partnered with digital wealth management solutions provider Quantifeed to augment the private banking sector worldwide.
investment, wealth management, financial institutions, digital banking
Italy-based paytech Nexi has partnered with Amazon.it to enable the latter’s customer to make purchases using Bancomat Pay.
ecommerce, payments , digitalisation, local payment method, merchant
Cloud-native banking technology company Thought Machine, together with Mastercard, has announced the expansion of their collaboration.
mobile banking, online banking, partnership, cloud services, cloud banking, digital banking
Italy’s Antitrust Authority (AGCM) has announced the closure of an investigation into Intesa Sanpaolo and its digital bank Isybank, with the latter taking the necessary action.
online fraud, mobile banking, online banking, banks, digital banking, digitalisation
Belgium-based telecommunications company Swift has announced two AI experiments developed in collaboration with its member banks.
fraud prevention, partnership, artificial intelligence, banks, cybersecurity
Montran has announced the launch of a multi-currency virtual account management platform for Intesa Sanpaolo, an Italy-based banking institution.
cash management, banking, partnership, product launch, virtual asset
Egypt-based ALEXBANK has extended its partnership with Visa for five years to encourage electronic payment methods adoption in Egypt via new product launches.
digital payments, debit card, payment methods, digitalisation, partnership
The Paypers has researched and analysed the most prolific partnerships that defined and built resilience within the payments & commerce and banking & fintech sectors in Q3 2023, from payments infrastructure, BNPL, the proliferation of Tap-to-Pay, the surge of Open Banking tech, and overall digitalisation attempts for banking and financial services.
payments , paytech, partnership, The Paypers Quarterly Analysis series, ecommerce, fintech
European paytech Nexi has announced the expansion of its brand into the DACH region.
expansion, paytech, fintech, rebranding, payments , financial services, digital banking, Issuer, merchants, SMEs
European paytech Nexi has joined Adobe as Gold Partner, enabling personalised payment options in Italy, Poland, Nordic, and DACH regions.
merchants, omnichannel payments solution, online payments, shopping, digital payments
Intesa Sanpaolo and Nexi have launched SoftPOS in Italy, allowing merchants to use their smartphones to accept payments from customers using contactless cards and digital wallets.
partnership, SoftPOS, POS, merchant, paytech, mobile payments
EBA CLEARING has issued the specifications for its pan-European Fraud Pattern and Anomaly Detection (FPAD) functionality and is running analytical pilots, with nine banks engaged in the data model training.
fraud prevention, risk management, SEPA, banking, data sharing, PSP, IBAN, financial crime, paytech, fintech, API
Cordada, a Latam-based private debt platform catering to lenders and fintechs that serve SMEs, has partnered with Thought Machine to close the funding gap for SMEs in Latin America.
fintech, funding, SME lending, SMEs, banking