Italy

Gaming Company IGT Sells Payment Business for $785M

Gaming Company IGT Sells Payment Business for $785M
Gaming Company IGT Sells Payment Business for $785M
February 28, 2022  |  Acquisitions

Gaming company International Game Technology (IGT) will sell its Italian proximity payment business to PostePay — the payments arm of Italian postal service Poste Italiane...

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Italy’s Post Office Eyes Payments, Card Processor Acquisition
Italy’s Post Office Eyes Payments, Card Processor Acquisition
January 20, 2022  |  Acquisitions

Poste Italiane, the Italian postal service, is considering expanding its payments operations with the purchase of a card processing and electronic payments group, according to...

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Amazon Plans Appeal Following $1.3B Fine in Italian Antitrust Case
Amazon Plans Appeal Following $1.3B Fine in Italian Antitrust Case
December 09, 2021  |  Amazon

Amazon said it would appeal a $1.3 billion fine from Italy’s antitrust regulator after the eCommerce giant was found to favor third-party sellers that use...

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Bitcoin Daily: Binance Shut Out Of Italy; PayPal Raises Cryptocurrency Limits
Bitcoin Daily: Binance Shut Out Of Italy; PayPal Raises Cryptocurrency Limits
July 15, 2021  |  Bitcoin

Binance, which has come under fire for its compliance standards in recent weeks, has been shut out of activity in Italy now, according to that...

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Italian Data Protection Watchdog Fines Foodinho Over Gig Algorithms
Italian Data Protection Watchdog Fines Foodinho Over Gig Algorithms
July 06, 2021  |  Regulation

Food delivery startup Foodinho was hit with a €2.6 million euro ($3.1 million) fine by Italy’s data protection watchdog following a probe of the delivery...

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SMBs Could Help Italy Grow GDP Via Digital Innovation
SMBs Could Help Italy Grow GDP Via Digital Innovation
March 21, 2021  |  B2B Payments

Italy, which ranked fourth-to-last for digital competitiveness in Europe in 2019, could have a chance to better its standing because of the pandemic, Reuters reported....

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Italian Banking Association Embraces Need For Speed For Future Of Real-Time Payments
Italian Banking Association Embraces Need For Speed For Future Of Real-Time Payments
February 01, 2021  |  Banking

To get a sense of the present state — and future — of instant payments, look to Italy. It has pulled ahead of its EU...

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Bitcoin Daily: Italy’s Banks Test Digital Euro On DLT
Bitcoin Daily: Italy’s Banks Test Digital Euro On DLT
December 22, 2020  |  Bitcoin

The Italian Banking Association (ABI) is running experiments for a digital euro, CoinDesk reported. Get the Full Story Complete the form to unlock this article...

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Italian Shoppers Embrace New Cash-Back Program For Credit Card Payments
Italian Shoppers Embrace New Cash-Back Program For Credit Card Payments
December 22, 2020  |  Loyalty & Rewards

Italian consumers are embracing a new government program aimed at boosting retail sales while tamping down on tax evasion that allows buyers to receive a...

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