The Italian Competition Authority (AGCM) launched two investigations into the Microsoft-owned gaming company Activision Blizzard, alleging that it engaged in “misleading and aggressive practices.” The investigations focus on the video games “Diablo Immortal” and “Call of Duty Mobile,” and whether some of the company’s practices...
Italy’s banking industry has reportedly seen seven merger and acquisition deals underway or recently concluded. Some of the deals are interrelated, Reuters reported Friday (May 23). The deals include UniCredit’s offer to buy Banco BPM that was announced Nov. 25; Banco BPM’s acquisition of fund manager Anima Holding that was...
OpenAI said Friday (Dec. 20) that it will appeal a fine imposed by an Italian authority that alleged that the company violated the European Union’s General Data Protection Regulation (GDPR). Italy’s data protection agency, the Garante, fined OpenAI 15 million euros (about $15.6 million), saying it found...
Microsoft announced Wednesday (Oct. 2) plans for a €4.3 billion ($4.8 billion) investment in Italy, its biggest investment in the country so far. The initiative is set to roll out over the next two years, allowing the Big Tech company to expand its cloud and...
July 12, 2024
While the Colosseum evokes gladiatorial battles, and Michelangelo’s Sistine Chapel frescoes hold timeless beauty, modern Italy is embracing the digital age. Today’s Italians are increasingly turning to mobile wallets and online shopping, showcasing a blend of tradition and digital innovation. In PYMNTS Intelligence’s “How the World Does Digital” report, Italy ranked in the top half […]
May 01, 2023
Real-time payment systems have become increasingly popular around the world due to the rise of digital payments and the need for faster and more efficient financial transactions. Some of the...
March 10, 2023
The current plight of the buy now, pay later (BNPL) industry has been likened to the dotcom bubble of the 2000s — from skyrocketing demand and adoption and a proliferation...
January 15, 2023
Leading up to final approval, payments-related aspects of Italy’s 2023 budget were hotly debated. One of those debates ended up with the government backtracking on an initial proposal to ditch...
April 23, 2026
A global financial crime watchdog wants Italy to get tougher on money laundering. The Financial Action Task Force (FATF) released an assessment Thursday (April 23) of the Italian government’s anti-money laundering, counter-terrorist financing and proliferation financing (AML/CFT/CPF) measures. While the regulator largely found that the country’s protections and approaches were adequate, it did note some places where there […]
January 16, 2026
The Italian Competition Authority (AGCM) launched two investigations into the Microsoft-owned gaming company Activision Blizzard, alleging that it engaged in “misleading and aggressive practices.” The investigations focus on the video...
May 23, 2025
Italy’s banking industry has reportedly seen seven merger and acquisition deals underway or recently concluded. Some of the deals are interrelated, Reuters reported Friday (May 23). The deals include UniCredit’s offer to buy Banco...
December 20, 2024
OpenAI said Friday (Dec. 20) that it will appeal a fine imposed by an Italian authority that alleged that the company violated the European Union’s General Data Protection Regulation (GDPR)....
