Intesa Sanpaolo S.p.A. (ISNPY)
- Reuters
Intesa targets new digital-only clients after antitrust blow
Italy's biggest bank Intesa Sanpaolo on Friday said it had acquired some 90,000 new customers through its digital-only arm Isybank, after an antitrust decision effectively halted the migration of existing clients. Italy's competition authority dealt a blow to Intesa's fintech ambitions in November when it ruled the bank had to obtain explicit consent from the around 4 million clients it planned to move to Isybank based on their digital habits. Intesa had informed customers digitally of an opt-out deadline.
- Reuters
REFILE-Intesa targets new digital-only clients after antritrust blow
Italy's biggest bank Intesa Sanpaolo on Friday said it had acquired some 90,000 new customers through its digital-only arm Isybank, after an antitrust decision effectively halted the migration of existing clients. Italy's competition authority dealt a blow to Intesa's fintech ambitions in November when it ruled the bank had to obtain explicit consent from the around 4 million clients it planned to move to Isybank based on their digital habits. Intesa had informed customers digitally of an opt-out deadline.
- Zacks
ISNPY vs. IBN: Which Stock Should Value Investors Buy Now?
ISNPY vs. IBN: Which Stock Is the Better Value Option?
