Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Banking

Worldline says payment services disruptions in Italy not yet resolved
Worldline building facade with grid windows

Published : 1 week ago, on

MILAN (Reuters) – French digital payments company Worldline on Friday said gas roadworks accidentally damaged its network connection to its data centres in Italy, disrupting services for customers that have yet to be resolved.

The disruption occurred amid the busy Black Friday shopping season.

Worldline said in a statement its payment services have been disrupted since Thursday morning, mainly in Italy but also in other unnamed markets.

“The cause of the interruption has been identified. The installation of gas pipes by local authorities severely damaged our provider’s cables and network. Restoration work by our supplier is expected to start later today,” the company said.

Worldline added it was working “tirelessly” to see if it could reactivate services before its physical infrastructure is repaired, and apologized to consumers and shopkeepers for the inconvenience.

In a separate statement, Italian payments group Nexi confirmed that Worldline had yet to resolve the problem, and said it had launched an investigation and was reserving the right to take actions to protect the company and its customers.

The Bank of Italy also weighed in, saying it was monitoring the situation. “Some of the impacted payment services have been reactivated, while malfunctions remain for some credit and debit card circuits,” the central bank said.

 

(Reporting by Elisa Anzolin and Alvise Armellini; Editing by Chizu Nomiyama)

 

Jesse Pitts has been with the Global Banking & Finance Review since 2016, serving in various capacities, including Graphic Designer, Content Publisher, and Editorial Assistant. As the sole graphic designer for the company, Jesse plays a crucial role in shaping the visual identity of Global Banking & Finance Review. Additionally, Jesse manages the publishing of content across multiple platforms, including Global Banking & Finance Review, Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune.

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!

By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post