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Italian challenger bank illimity has reported a 31% jump in profits in the third quarter compared to the second one this year.
Business loan provider October has received €258m in funding to bolster its capacity to provide financing options.
illimity Bank and Fabrick have entered an agreement to the shared ownership of open banking platform HYPE Money.
Italian multi-utility provider Iren has picked payment services company SIA to launch of advanced payment services thanks to the innovations introduced by PSD2.
Credit company CRIF and payment technology enterprise SIA have inked a strategic partnership agreement to offer open banking services and applications in Italy and Europe.