Nexi CEO Says Focus Remains Europe After Nets Deal

Nexi CEO Says Focus Remains Europe After Nets Deal

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Interactive Video

Business

University

Hard

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The transcript discusses the rapid growth of the payment industry, focusing on strategic mergers and acquisitions to strengthen company positions. It addresses antitrust concerns, emphasizing the evolving European market. The focus remains on Europe, with potential expansion westward. The industry trends towards digital and technology-centric operations, leading banks to partner with specialized companies. Valuation differences between companies are explained by their market focus. The impact of COVID-19 has accelerated the shift from cash to digital payments, affecting consumer and merchant behaviors.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the key factors driving the fast growth of the payment business?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker view the concept of 'last big deal' in business?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What geographical areas does the new group plan to cover?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges do banks face in the payment business according to the speaker?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the speaker's perspective on the future of competition in the payment industry?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the impact of the pandemic on payment systems as discussed in the text?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker describe the shift from cash to digital payments?

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