Okto, a leading payment solutions provider, has recently announced its membership in the prestigious Italian Digital Innovation Hub (IDH) Foundation. The move is aimed at furthering Italy’s digital transformation and fostering innovation within the payment technology (Paytech) and financial technology (Fintech) sectors.
A Commitment to Regulatory Standards:
Francesco Crudo, Okto’s Director of Corporate Development & Regulatory Affairs in Italy, expressed enthusiasm about the collaboration. He emphasized Okto’s unwavering commitment to upholding stringent regulatory standards and working closely with local authorities. Their goal is to deliver innovative, secure, and efficient payment solutions to their valued merchant partners.
IDH’s Warm Welcome:
Maurizio Pimpinella, President of IDH, extended a warm welcome to Okto within the foundation. He highlighted the alignment of Okto’s commitment to compliance and innovation with IDH’s mission to promote digital innovation in Italy, particularly in the Paytech and Fintech domains. Pimpinella emphasized the collaborative nature of their efforts, aiming to enhance the digital ecosystem and payment landscape in the Italian market.
Knowledge-Sharing and Collaboration:
As a member of IDH, Okto has committed to actively engage in knowledge-sharing activities. This includes participating in round tables, conventions, and conferences. These initiatives are designed to ensure that Okto remains at the forefront of Italy’s ongoing digital transformation and the evolving payment industry landscape.
Strategic Partnerships for Innovation:
Additionally, Okto recently forged a partnership with Exalogic to reshape Italy’s Punto Vendita Ricariche (PVR) sector. Their collaboration introduces advanced eVoucher payment solutions to Exalogic customers, marking another strategic move to drive innovation and efficiency in Italy’s payment sector.
Okto’s membership in IDH Foundation signifies its dedication to advancing digital innovation and regulatory compliance in Italy’s payment industry. Collaborative efforts with IDH and strategic partnerships like the one with Exalogic underscore Okto’s commitment to shaping the future of payment solutions in Italy.