back Back

Itas Group partners with Nexi to launch Itas Pay

By Gloria Methri

May 15, 2023

  • Digital Payments
  • Digital Payments. Nordics
  • Digital Transformation
Share

Itas Group, Nexi, FinTech, Digital Payments. Nordics, ItalyITAS Assicurazioni, Italy’s oldest insurance company has announced the launch of ITAS Pay with the support of European PayTech Nexi Group. The new payment institution will offer services and solutions to support the sale and marketing of insurance policies.

Nexi played a fundamental role in the development of ITAS Pay by ensuring compliance with PSD2 and obtaining authorisation from the Bank of Italy to operate as a Payment Service Provider.

Through the new payment institution, ITAS Group intends to further consolidate the digital transformation of sales processes for its insurance products by offering customers an even simpler and custom-built purchasing experience. Nexi will further provide digital payment expertise and technical support to the ITAS Group, along with access to its innovative products and services.

“For ITAS, this digitalisation represents a crucial element of simplifying and streamlining our customer relationships,” explained Norbert Bonvecchio, Director of distribution and special projects at ITAS Group.

“With ITAS Pay, the Group has introduced an innovative monthly premium payments system. This is a significant step forward in automating insurance service payments. The current market environment and the evolving regulatory framework will foster the emergence of new solutions and services that will complement the existing ITAS offering. Above all, this will serve the protection needs of our community of insured members and new customers.”

 Alessandro Viola, Head of Corporate Sales in Nexi said, “Supporting ITAS Pay in its growth and development project is part of our strategy to seize every opportunity to increase the penetration of digital collection and payment instruments in Italy. At the same time, it demonstrates our ability to provide our partners with support from a regulatory, technological, and strategic point of view thanks to our outstanding expertise in Europe and our best-in-class technological platform”.

Previous Article

May 15, 2023

Atomic launches SmartAuth to enhance payroll system integrations

Read More
Next Article

May 16, 2023

ComplyAdvantage launches AI-powered solution to fight payment fraud

Read More









IBSi Daily News Analysis

Middle East, Egypt

January 16, 2024

Digital Payments

Egypt among top remittance recipient countries in 2023: World Bank

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Storfund & Mangopay to ease cash flow for marketplace sellers

Read More

Today

HNBGI teams up with Azentio Software to launch Project Phoenix

Read More

Today

Revolut teams with Jabil to scale development of mobile payment solutions

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023