Italy/page/2 news and trends

How the World Does Digital: Italy Posts Solid Scores In Online Shopping
Connected Economy // 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...

Authorities Search Booking.com Offices in Italy in Antitrust Probe
ANTITRUST // March 22, 2024

Italian authorities carried out inspections at the premises of Booking.com (Italia), the local company supporting Booking.com in Italy, Thursday (March 21) as part of an antitrust investigation. The inspections were done by the Italian Competition Authority (AGCM) and the Special Antitrust Unit of the Italian Financial Police, AGCM said in...

France, Italy and Germany Reach Accord on AI Regulations
artificial intelligence // November 19, 2023

Three European countries have reportedly agreed on how artificial intelligence (AI) should be regulated. Germany, France and Italy have come to an accord on the regulations, Reuters reported Saturday (Nov. 18), saying it is a move that should speed negotiations on the matter. The report, citing a...

Italian Antitrust Body Eliminates Payment Fees for Small Retail Transactions
Digital Payments // July 21, 2023

Italy’s antitrust body has approved a deal that will eliminate payment fees and softens restrictions placed on small card transactions, following a 2022 promise made by the government to cut fees charged by financial firms on electronic transactions worth up to 30 euros ($33.6) for...

Interviews & Exclusives
How the World Does Digital: Italy Posts Solid Scores In Online Shopping

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 […]

Mexico and Malaysia Poised for Massive Real-Time Payments Growth by 2026

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...

Scalapay CEO Sees Big Shift From Banks to BNPL Platforms Across Europe

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...

Italy Reshapes Pro-Cash Strategy Amid Surge in Digital Payment Adoption

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...

Quick Reads
Microsoft to Invest $4.8 Billion in Italy for AI Infrastructure

October 02, 2024
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 artificial intelligence (AI) data center infrastructure while providing digital skills […]

Authorities Search Booking.com Offices in Italy in Antitrust Probe

March 22, 2024
Italian authorities carried out inspections at the premises of Booking.com (Italia), the local company supporting Booking.com in Italy, Thursday (March 21) as part of an antitrust investigation. The inspections were done by the Italian...

France, Italy and Germany Reach Accord on AI Regulations

November 19, 2023
Three European countries have reportedly agreed on how artificial intelligence (AI) should be regulated. Germany, France and Italy have come to an accord on the regulations, Reuters reported Saturday (Nov. 18), saying...

Italian Antitrust Body Eliminates Payment Fees for Small Retail Transactions

July 21, 2023
Italy’s antitrust body has approved a deal that will eliminate payment fees and softens restrictions placed on small card transactions, following a 2022 promise made by the government to cut...