MAR 26 DE NOVIEMBRE DE 2024 - 05:34hs.
Regulatory compliance and collaborative engagement

OKTO strengthens its presence in Italy by joining IDH

OKTO announces its membership in the Italian Digital Hub Foundation (IDH). This collaboration underscores the shared commitment of both entities to digital transformation and specifically to advance e-money services. With this partnership, OKTO reaffirms its unwavering dedication to regulatory compliance and collaborative engagement with local authorities.

By aligning with IDH, OKTO is poised to amplify its capacity to provide state-of-the-art payment services to merchants, all while adhering to the industry's highest standards and best practices.

Francesco Crudo, OKTO's Director of Corporate Development & Regulatory Affairs in Italy, stated: "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 warmly welcomes OKTO into its esteemed community. IDH’s President Maurizio Pimpinella, added "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."

As an IDH member, OKTO will actively participate in knowledge-sharing activities, including round tables, conventions, and conferences, ensuring it remains at the forefront of Italy's digital transformation and ever-evolving payment industry landscape.

OKTO powers digital payments for every entertainment, leisure, and gaming environment. Our unified payment platform combines secure, real-world transactions with the most powerful payment technology to create immersive payment experiences for both merchants and their users.

IDH is a Foundation that aims to represent its members in Italy and abroad before administrations, public bodies and agencies, associations of entrepreneurs, economic and social organizations and any other company, association, public or private entity in order to collaborate in the solution of the problems of the sector, carry out analysis and sector studies and take care of the protection of members.

Source: GMB