Poste Italiane considers digital identity fee, analysts see potential 100 million euro profit boost


FILE PHOTO: The logo of Poste Italiane is seen in Rome, Italy February 24, 2016. Reuters/Tony Gentile/File Photo

MILAN (Reuters) -Poste Italiane is considering introducing an annual management fee for users of its digital identity service, analysts wrote in their daily reports on Friday following a briefing with the company's management.

With around 20 million active digital identity accounts, the move could generate up to 100 million euros ($116.75 million) in additional operating profit for the state-backed financial conglomerate, Intermonte and Akros analysts wrote in their report.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

US activists work to connect Iranians via Starlink
New on the iPhone: Shazam songs even when offline with iOS 26.4
First Robot: Melania Trump brings droid to White House event
Why AI means animal testing is not always needed to trial new medicines
Day of reckoning arrives for social media after US court loss
Teens get probation after using AI to create fake nudes of classmates
Revolut to base 40% of its global workforce in India by 2026
Apple rolls out age checks for UK users
Munich Re: AI making cyber attacks costlier and more effective
Nanya Technology shares surge 10% after $2.5 billion fundraising

Others Also Read