CBI is a public limited consortium company and has been benefit corporation since May 2023, to strengthen its commitment to the path of sustainability.   It comprises 400 banks and PSPs as shareholders, and it has been acting over the past 20 years with a Business-to-Business-to-Customer (B2B2C) perspective by developing infrastructures, innovative services and ecosystems, for the financial and banking industry, supporting digital payments, open banking and open finance; services that CBI customers, banks and fintechs, ultimately extend to a wide set of clients, responding efficiently to the needs of business, Public Administrations and citizens in an increasingly competitive market. CBI operates under oversight of the Bank of Italy. 

Over these years, CBI developed several open banking and open finance services and achieved a variety of goals at national and international level. From an Open Finance and Data Monetization perspective, CBI has developed a few value-added services (VAS) that render its clients even more competitive. In this regard, CBI has developed a variety of services, such as: Name Check, Check IBAN, CBI GO and CBI Safe Trade.  

In Italy, more than 3 million enterprises use the CBI service which allows corporations to carry out cash management activities, and about 13 million citizens have already used the CBILL service to pay notices issued by enterprises and public administrations. Furthermore, over 80% of the Italian banking industry has chosen the CBI Globe platform, which streamlines the telematic dialogue among Payment Service Providers, Fintech, enterprises, and the Public Administration to achieve compliance with the renewed EU regulatory framework and play an active role in the Open Banking and Open Finance scenario. 
 
For more information on CBI's sustainability initiatives and the 2023 Impact Report, please visit www.cbi-org.eu