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OKTO Strengthens its Presence in Italy by Joining IDH

Published

2 years ago

September 29, 2023

Niji Narayan

Reading Time: < 1 minute

Payments provider OKTO has joined the Italian Digital Hub Foundation (IDH) to bolster its presence in Italy and collaborate on digital transformation initiatives, particularly focusing on advancing e-money services.

Francesco Crudo, OKTO’s Director of Corporate Development & Regulatory Affairs in Italy, said: “We’re thrilled to join IDH, a prestigious foundation dedicated to enhancing Italy’s digital landscape. OKTO remains committed to upholding the most stringent regulatory standards and working closely with local authorities to deliver innovative, secure, and efficient payment solutions to our valued merchant partners.”

IDH’s President Maurizio Pimpinella said: “We warmly welcome OKTO to our Foundation. OKTO’s commitment to compliance and innovation is in line with our commitment to promote digital innovation in Italy, in the Paytech and Fintech landscape. We look forward to an increasingly close collaboration of OKTO with all our members to promote the development of the digital ecosystem and payments in the Italian market.”

Furthermore, OKTO says that as an IDH member, it will actively engage in knowledge-sharing activities such as round tables, conventions and conferences, ensuring it remains at the forefront of Italy’s digital transformation and the evolving payment industry landscape.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.