Bank of Italy

13 results about this entity

Period: 10 Mar 2010 - 21 Dec 2022

/payments

Italy backtracks on pro-cash plans

Italy's government has scrapped plans to let merchants refuse digital payments of less than €60 after pushback from the country's central bank and the EC.

/wholesale

Bank of Italy selects Algorand to provide public blockchain platform for 'Digital Sureties' project

The Bank of Italy has selected blockchain technology from Algorand to support a new digital guarantees platform.

/payments

Italian central bank raises concerns over government's pro-cash plans

Plans by Italy's new government to promote cash over digital payments are facing pushback from the country's central bank over black economy and tax evasion concerns.

/regulation

Bank of Italy bans N26 from onboarding new customers over AML failings

The Bank of Italy has imposed a ban on the recutiment of new customers by digital bank N26 following an on-site inspection which uncovered lax money laundering controls.

/sustainable

BIS and Bank of Italy announce winners of G20 green TechSprint

The Bank for International Settlements (BIS) and the Bank of Italy announced today the winners of the G20 TechSprint 2021 challenge during a live award ceremony in Milan.

/sustainable

BIS and Bank of Italy announce shortlist for the G20 green and sustainable finance challenge

The Bank for International Settlements (BIS) Innovation Hub and the Bank of Italy, under the Italian G20 Presidency, today announced the shortlisted finalists and judges for the G20 green and sustainable finance challenge.

/sustainable

G20 TechSprint Initiative invites firm to tackle green finance

The BIS Innovation Hub and the Bank of Italy are launching a virtual hackathon-style competition to find new technological ways to tackle challenges in green and sustainable finance.

/retail

SIA wins Bank of Italy tender to manage interbank register of bad cheques and cards

SIA has won Bank of Italy’s tender for the management of the Interbank Register of Bad Cheques and Payment Cards (Centrale di Allarme Interbancaria - CAI), the computerized archive of illicit bank and postal cheques and credit and debit cards that contributes to ensuring the smooth running of the national payments system. The concession will last 8 years.

Italian banks set up cybercrime response team

CERTFin, the new organization highly specialized in cybersecurity for the banking and financial sectors, has been established to prevent and combat cyber threats linked to the development of new technologies and to the digital economy.

After six weeks, credit card payments return to the Vatican

Visitors to the Vatican City can once more use their credit cards for purchases and ATM withdrawals, following the end of a six week ban over money laundering concerns.

Vatican card payments suspended over AML concerns - reports

The Bank of Italy has suspended all card payments in the Vatican until further notice over a failure to implement anti-money laundering law, according to local press reports.

Bank of Italy orders American Express to halt card issuance

American Express has been ordered by the central bank of Italy to suspend the distribution of new credit cards after falling foul of regulations governing money laundering, usury, and transparency.