An investigation has been opened to verify that the new digital payments giant does not exercise a dominant position - Nexi's stock falls on the Stock Exchange
The initiative was announced last autumn and will be valid until 2036: it also provides for the management of POS and ATM terminals.
The two companies have entered into a partnership for the design and implementation of new mobile banking solutions.
The company stands out on the Ftse Mib after rumors of an imminent merger with Sia - The Government's plan to encourage the use of credit cards with a bonus is also on the way.
The Board of Directors approved the start of the process that will lead to the IPO on the MTA, as well as the new 2020-2022 strategic plan
Poste Italiane has obtained authorization from the Bank of Italy as Imel (electronic money institute) and concentrates PosteMobile and digital payment activities with over 4 million SIMs and 26,5 million cards. On the horizon is the acquisition of Sia
Up to a maximum of 485 euros per month for beneficiaries of the anti-poverty measure - The amount will vary from 190 to 485 euros per month, but there are very stringent access requirements - Applications to be submitted to the Municipality…
The transaction will produce for Unicredit a consolidated net profit in 2016 of approximately 440 million euro, with an expected positive impact on the fully loaded CET1 ratio of approximately 12 basis points.
The deal was announced this morning. Poste will pay 278 million to buy the stake.
In an initial phase, the intervention could help "50 unemployed" - As for the new phase of SIA, i.e. support for active inclusion in favor of the poor, "from 2 September, eligible citizens will be able to submit their application to the municipality"
The bank led by Moustier archives a six-month period that records 1,3 billion profits (+27,7%) with a sprint in the second quarter (+75% of annualized net profits) but the hedge funds are targeting the bank due to the uncertainties on the increase of…
The pilot phase of the “Person to Business” (P2B) project has started in the cities of Milan and Bergamo, which allows customers to pay via app at UBI Banca merchants.
The listing could take place within this year - The company's goal is to become a public company with headquarters in Italy.