{"id":1928883,"date":"2023-05-11T11:26:30","date_gmt":"2023-05-11T15:26:30","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/nexi-open-to-different-partnership-models-with-banks\/"},"modified":"2023-05-11T11:29:56","modified_gmt":"2023-05-11T15:29:56","slug":"nexi-open-to-different-partnership-models-with-banks","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/nexi-open-to-different-partnership-models-with-banks\/","title":{"rendered":"Nexi is willing to explore various partnership models with banks."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fnexi-open-to-different-partnership-models-with-banks%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1928883&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Italian Payments Giant Nexi Open to Different Partnership Models<\/h2>\n<p>Italian payments giant Nexi is open to exploring different partnership models, according to CEO Paolo Bertoluzzo. This comes as leading banks UniCredit and Banco BPM review options for their payments business. <\/p>\n<p>Banco BPM is currently working to select a partner by the end of June for its retailers\u2019 and payment card business, which it has valued at \u20ac2 billion ($2.2 billion). Sources have said that Nexi is in the running, though Nexi traditionally acquires full ownership of banks\u2019 merchants payment businesses. <\/p>\n<p>\u201cDifferent models can work and we are keen to be open to what ultimately banks sees as their strategy,\u201d Bertoluzzo said, adding that the valuation of the business and related up-front payment would need to vary accordingly.<\/p>\n<p>UniCredit is also conducting a review of its payment operations across its 13 markets. Bertoluzzo notes that the payments business is becoming increasingly technology-centred, requiring dedicated partners. \u201cSpecialisation in digital payments is becoming the rule of the game,\u201d he said.<\/p>\n<p>Nexi reported a 13.6% rise in first-quarter core profit as transaction volumes grew by double-digit percentages across all its markets, a trend that continued in April. Revenue rose 9% year-on-year to \u20ac741.7 million, above an analyst consensus gathered by the company. <\/p>\n<h3>Other News:<\/h3>\n<ul>\n<li>Two chairmen of congressional committees investigating Hunter and Joe Biden say <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/daily-feed-5-10-23\/\" title=\"Daily Update 5\/10\/23\">suspicious activity reports reveal<\/a> a pattern of money laundering of millions of dollars and deception within a web of 21 LLC\u2019s connected to Hunter Biden<\/li>\n<li>Rep. George Santos calls the federal charges against him a \u201cwitch hunt\u201d. Speaking of charges, The House Oversight Committee says nine Biden family members have <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/gop-investigators-present-proof-biden-lied-about-hunters-business-activities\/\" title=\"GOP proves Biden lied about Hunter's business.\">received suspicious foreign payments<\/a> while Job Biden seems unconcerned with the end of Title 42.<\/li>\n<li>Republican and Democrat leaders met at the White House Tuesday to try to negotiate a deal over raising the debt ceiling<\/li>\n<li>Point-of-sale transactions routed through Pakistan\u2019s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/nissan-expects-38-full-year-profit-rise-on-stronger-sales-outlook\/\" title=\"Nissan predicts a 38% increase in annual profits due to improved sales prospects.\">main digital payments system fell<\/a> by nearly 50% the day\u2026<\/li>\n<li>JD.com Inc, beat Wall Street estimates for first-quarter revenue on Thursday, driven by resilient demand for its e-commerce platform from online\u2026<\/li>\n<li>A Russian court fined Alphabet\u2019s Google 3 million roubles ($38,600) on Thursday for failing to delete YouTube videos\u2026<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>By Valentina Za MILAN (Reuters) \u2013 Italian payments giant Nexi is open to different partnership models, it said on Wednesday as leading banks UniCredit and Banco BPM review options for their payments business. Advertisement Nexi CEO Paolo Bertoluzzo made the comments as the group confirmed 2023 guidance after reporting first-quarter profit in line with forecasts<\/p>\n","protected":false},"author":66,"featured_media":1928884,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[8961,5847,17726,26472,9342],"class_list":["post-1928883","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann","tag-banks","tag-explore","tag-models","tag-nexi","tag-partnership"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1928883","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1928883"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1928883\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1928884"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1928883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1928883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1928883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}