> Over the past few months, our former payment provider Nexi S.p.A. (“Nexi”)
requested access to private data, which we understood to be specifically the
usernames and passwords of our supporters. We have refused this request. All our
attempts to clarify Nexi’s request, or to understand how their need for such
information was necessary and legal, were met with what we consider to be vague
and unsatisfactory explanations relating to a general need for risk analysis. >
> Subsequently, we found ourselves unable to receive credit card donations
through Nexi’s system. In the afternoon of 10 March, we were further informed
that our contract had been cancelled a few days prior on 7 March, due to our
supposed failure to meet their deadline to fulfil their request. This deadline
was not communicated to us beforehand, despite us having been Nexi’s customer
for the past 15 years. This is completely crazy! As 450 supporters are affected,
that is a huge amount of donations that were cut off!
Remember that one time half of the world economies almost collapsed because they took too much risk? You’d think we would have taken away their power after that.
It’s an Italian financial service provider, though. Main shareholders also European.
This is insane.
Makes one wonder how common such stuff is and just goes unnoticed because affected clients just go along, other than the FSFE.
Banks have too much power.
Remember that one time half of the world economies almost collapsed because they took too much risk? You’d think we would have taken away their power after that.
Banks have lots of money. Politicians do like money. Connect the dots.