CBI S.c.p.a. Società Benefit, a leading developer of digital payment infrastructures, innovative services, and open finance ecosystems, announces the appointment of its new Board of Directors for the 2025–2027 term. Professor Salvatore Maccarone has been reconfirmed as President of the Board, ensuring continuity and strategic direction. The 13-member Board brings together senior figures from Italy’s major banking groups, united by a focus on innovation, transparency and governance.

Alongside the Board appointments, the Shareholders approved the company’s 2024 financial results, which included a 9% increase in revenues and an EBITDA margin of 24%. CBI strengthened its market position by consolidating key projects and expanding its digital payment and open finance offerings, supported by growing international partnerships. The meeting also marked the presentation of CBI’s second annual Impact Report, reaffirming the company’s commitment as a Benefit Corporation to inclusivity, sustainability and digital transformation.

Salvatore Maccarone, President of CBI, commented: “I am grateful for the continued trust of our Shareholders. For over 30 years, CBI has played a central role in driving collaborative innovation in the financial sector. Our 2024 results confirm the strength of this model, from digitalisation to international growth. The recently approved €24 million capital increase and our 2025–2028 strategic plan are strong signals of our long-term ambition. With the support of the new Board and our Managing Director Liliana Fratini Passi, we will continue to act with responsibility, foresight and purpose for the benefit of the entire financial ecosystem.”

CBI’s strong operational performance in 2024 was driven by services such as Check IBAN, CBILL and CBI Globe. Check IBAN, which verifies the match between IBAN and VAT numbers in real time, is now used by 95% of the domestic banking market, with over 150,000 weekly checks. CBILL processed more than 90 million transactions, a 9% increase year-on-year, while CBI Globe, which enables third-party provider functionality under PSD2, recorded a 70% increase in activity since December 2023.

Liliana Fratini Passi, Managing Director of CBI, added: “The renewal of our corporate bodies marks a moment of both continuity and renewed vision. In 2024, CBI reinforced its role as an enabler of innovation, delivering tangible value across both traditional and open finance services. Our approach is based on coopetition, technological advancement, and international openness. These principles underpin the initiatives outlined in our Impact Report, from DE&I policies and social payment projects to 100% green energy sourcing and full offsetting of our scope 1 and 2 emissions. We are building an ecosystem that is open, interconnected and focused on the common good.”

The 2024 Shareholders’ Meeting reflects CBI’s strategic momentum and long-term vision, following its formal adoption of Società Benefit status in 2023 and the launch of its €24 million capital increase to support future investments.