Tagged: bank of italy

Digital Banking: Over 75% of Consumers in Lombardy, Italy’s Most Industrialized Area, Banked Online, Report Claims

Over three-quarters or 75% of the population in Lombardy, Italy’s largest and most industrialized area, banked online this past year, compared with the national average of just 63%, the Bank of Italy recently revealed. Virtual banking in Lombardy has reportedly increased by around 20 percentage… Read More

Bank of Italy Bans Digital Bank N26 From Accepting New Customers, Offering New Services to Existing Customers

Yesterday, the Banca D’Italia or Bank of Italy – the country’s central bank – issued a statement banning N26 from accepting new customers. The central bank said that the decision follows an on-site inspection that “revealed significant shortcomings in respect of anti-money laundering.” The Bank… Read More

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