Poste Italiane is considering to take a 34.5% stake in bank payments provider Sia from Italian state lender Cassa Depositi e Prestiti (CDP). According to the Italian daily Sole 24 Ore, Poste Italiane – already owning an indirect share of around 15% in Sia – is in talks with JP Morgan to assess the further […]
Unicredit has signed an agreement to sell its e-money processing unit to payments vendor SIA for €500m. The deal involves the sale the Italian group’s processing activities of around 13.5m payment cards and the management of 206,000 POS terminals and 12,000 ATMs in Italy, Germany and Austria. Unicredit said this acquisition, which is expected to […]
SIA, a company specializing in the management of electronic payments, and JCB International Co., Ltd (JCBI), a global payment brand operating in 190 countries around the world, have signed a five-year agreement for the processing of payment transactions of JCB merchants in Italy through the SIA technology platform. The agreement reached with SIA will enable […]
Fondo Strategico Italiano (FSI) has acquired 42.3% of SIA, a provider of technology and infrastructure services for financial institutions, central banks and public administration in Italy and Europe.
Italian payments system technology and services SIA expects its contactless mobile phone payment system to be launched on its home market in early 2014
North Africa’s private banking networks are expanding in line with the region’s development.