Tagged: italy

Axyon AI, a Deep Learning Solutions Provider for Asset Management, Appoints Luigi Conti as Board Member

Axyon AI, an AI provider for the asset management sector, has appointed Luigi Conti to serve as an independent board member. Axyon AI offers deep learning solutions that assist fund managers with providing more efficient and innovative investment services. The firm, which includes UniCredit S.p.A…. Read More

Banking Credit Info Provider CRIF Partners Regtech Know Your Customer

Banking credit information provider CRIF reveals that it has entered an international commercial partnership with Regtech firm Know Your Customer – which is supported by a strategic investment into the company. An international firm headquartered in Bologna, Italy, CRIF focuses on offering credit bureau and… Read More

Lega Serie A Announcement Reveals that Crypto.com Will Become Innovation and Technology Partner of Italian Football

Lega Serie A and Crypto.com, a fast-growing cryptocurrency platform, revealed on August 19, 2021 that Crypto.com will become the “first” Innovation & Technology Partner of Italian Football. Building upon Crypto.com’s values of “transparency” and “reliability,” the multi-year partnership integrates Crypto.com in each “broadcast moment” where… Read More

European Online Lender October Italy’s CEO Shares Latest Fintech Industry Insights

Online lender October is currently active in five different European countries and now it’s the turn of the CEO of October Italy Sergio Zocchi to share his views and insights (after the company’s Netherlands and Spain Chief Executives provided comments during interviews). Sergio Zocchi, who… Read More

Wealthech: Fabrick and Prometeia Partner on Wealth Management Solution Incorporating Open Banking, AI

Fabrick, an Open Banking Fintech and Prometia, a company offering wealth management solutions, have joined to launch the Global Investment Portfolio, a digital wealth management solution that utilizes artificial intelligence (AI) as well as Open Banking tech. According to a release, the two companies have… Read More

Tejas Sherkar from October Explains How Credit Models Quantify Risk when Extending Credit to Borrowers

The team at European online lender October has published a blog post on credit risk analysis models including their construction and application. October notes in an update that the Covid-19 health crisis has led to two situations: a rise in the number of new loan… Read More

CBI and CRIF to Support Banking, Fintech Firms by Enhancing their Financial Technology Services

CBI, which is a hub for tech innovation and the ongoing digitalization of the financial sector, has teamed up with CRIF, an international firm focused on credit bureau & business information, advanced digital solutions for business development and Open Banking. This partnership between CBI and… Read More

Financial Institution Finlombarda Invests €15M in October SME IV to Support local Small Businesses

Finlombarda Spa, the financial institution of Lombardy Italian region, will be supporting the relaunch of Lombardy economy via the Italian alternative financing project, known as “Credito F.A.C.I.L.E.”. As mentioned in an update published on June 23, 2021, by October, this acronym means “simple” in Italian… Read More

illimity’s Strategic Plan Focuses on Loans, Predicts €60+ Net Profit for 2021

illimity, the first digital bank in Italy that previously completed a SPAC deal, has distributed its strategic plan for the time period of 2021 to 2025. After reporting net income in 2020 of  €31 million following a net loss of €16.1 million in 2019, illimity… Read More

Italy based Open Banking Fintech Fabrick Introduces API-enabled Solutions for Supporting Open Finance

Italy-based Fabrick, an Open Banking ecosystem, is introducing various API-powered solutions that aim to harness the power of Open Finance. Fabrick has developed two different solutions that are reportedly based on Mastercard APIs: InControl for Business and Identity Check Mobile (IDCM). They are used to… Read More

Italian Fintech Ultroneo, an E-Invoice and Digital Receipt Specialist, to Expand Business Operations

From startup to a business reporting €2 million in turnover and over a 62% growth when compared with the situation before the COVID-19 outbreak, Ultroneo, the Fintech firm which introduced the GetYourBill solution for instant digital invoicing, is now preparing to branch out into foreign… Read More

Italian Challenger Bank AideXa Acquires Banking License from ECB, Will Offer Short-Term Credit Facilities

AideXa, an Italian banking challenger for small businesses, has reportedly acquired a full banking license which was issued by the European Central Bank (ECB). Established by Roberto Nicastro, ex- GM at Unicredit, Banca AideXa aims to leverage AI and Open Banking to better serve SMEs… Read More

Leading App Marketplace AppGallery Introduceas NFC Payments in European Markets

AppGallery, a leading app marketplace, has introduced near-field communication (NFC) payments in European markets, after forming a partnership with Stocard, a leading mobile wallet provider. After teaming up with AppGallery, Stocard worked closely with Huawei to integrate Huawei Mobile Services (HMS) Core capabilities within its… Read More

Digital Commerce: Cloud Payment Provider Checkout.com to Expand Operations into Spain, Portugal, Italy, Greece

Checkout.com, a Cloud payment provider, revealed on Thursday (May 27, 2021) that it has  established a business office in Barcelona, in order to serve as its headquarters for operations across Southern European markets. Key markets for Checkout.com will include Spain, Portugal, Italy and Greece, the… Read More

Challenger FinecoBank Reports that UK Accounts Increased by 50% Since End of 2020

FinecoBank (BI:FBK), a Fintech that offers a single account with banking, trading, and investment services, says new accounts have jumped in recent months. According to a note from the bank current accounts have increased by approximately 50% from the end of 2020 to April 2021…. Read More

Fideiussioni Digitali: Sureties on Blockchain Test Completed by SIA, Cattolica University and Reply

SIA, Cattolica University (CeTIF) and Reply have completed a test for surities, or “Fideiussioni digitali,” leveraging blockchain technology. The project included the participation of the Bank of Italy, the Institute for the Supervision of Insurance (IVASS) and the Italian Finance Police. The partners have announced… Read More

European Online Lender October to Issue Instant €15-€30K Loans with New Credit Scoring Model, Kea

European online lender  October says its always looking for and finding ways to empower businesses by simplifying and “democratizing” their funding. Since 2014, October has been helping SMEs in five different countries, becoming one of the leading small business lending platforms in Europe. October confirms… Read More

Italy: Banca Sella and Workinvoice Partner to Build Fintech Services for Corporates

Said to be one of the first open banking partnerships in Italy, Banca Sella and Workinvoice have announced a partnership to develop end-to-end digital financial services for corporates. According to a note from the company, Workinvoice will integrate digital products for corporates, like services for… Read More

viafintech and illimity Bank Partner on Banking App

viafintech and illimity Bank S.p.A. have formed a partnership where users of illimitybank.com may use the “viacash” feature in their mobile banking app. The service is provided by viafintech and branded as “Cash Deposit” in the bank’s own app. illimity Bank customers will now be… Read More

New Record for Lenders on October Platform: 5,672 Private Investors from France, Spain, Italy, the Netherlands lent to Sandaya Initiative

Camille David from European online lender October reveals that 5,672 private investors from all across Europe have reportedly financed the Sandaya project via the October platform – which is notably a new record. Claire Juliard, who leads October Connect, confirmed that this is in fact… Read More

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