Jun 20, 2019 at 12:36
Italy will Use Blockchain and Fintech for Interbank Checks
The update of the agreement for the maintenance of joint accounts between banking institutions regarding the interbank check was finally approved. This allows in perspective the running of the check process in a new way, i.e. using the technology based on distributed registers, the so-called blockchain, starting from March 2020. The financial technology brings new step for banks and other institutions in Italy.
Feb 13, 2019 at 13:14
Blockchain in Italy: Banking Institutions Switch to Fintech
The financial banking institutions in Italy must change to blockchain decisively because a conservative reaction, targeted at minimizing technological developments and limited to just meeting compliance obligations, may not guarantee endurance in the market. Carmelo Barbagallo, head of supervision in Bank of Italy, revealed on Feb 8, 2019 in Napoli, Fasi reports.