Strategic Partnerships Iccrea Banca recently formed a partnership with Assimoco, Italy's largest banking cooperative, indicating an openness to collaborate with insurers and expand insurance-related financial services within its network.
Recent Acquisition Allfunds Group's acquisition of Iccrea Banca's local paying agent business highlights potential opportunities to offer advanced fund industry solutions, digital payment services, and integration with wealth management platforms.
Technology Adoption Iccrea Banca actively invests in digital security and fraud prevention solutions, as evidenced by their deployment of TAS Group’s Fraud Protect platform, signaling a focus on secure digital payments and readiness for PSD2 compliance.
Market Position Serving institutional clients and being part of the cooperative banking sector with substantial employee base positions Iccrea Banca as a significant player, creating opportunities to introduce tailored financial tech products to similar institutions.
Growth & Revenue With revenues between 50 and 100 million dollars and recent strategic moves, there is a strong potential for upselling digital banking solutions, customized financial services, and partnership opportunities to expand their technological capabilities.