Share this event on:
  • LinkedIn

Recomend this page

Thank you, we sent your recommendation to the desired recipient.

Sorry, this functionality is not available right now.
Please try with this link. Thank you.

Intellectual capital



We are investing in our information and communications technology (ICT) systems, our internal processes and our ability to innovate in order to transform UniCredit's operating model and provide a better customer experience.

Transform through innovation



UniCredit is committed to developing cutting-edge solutions to provide an innovative and competitive service to our customers.


Our Group Transformation Office coordinates activities in the field of innovation, supporting strategic decision-making and the definition of Group-wide priorities. It also scouts for innovative solutions and monitors their implementation.


The identification and evaluation of innovative ideas and solutions is supported by the Group Transformation and Innovation Advisory Board (TIAB).

Acting as both advisor and challenger, the TIAB reviews key transformational and innovation related initiatives from across the Group on critical topics such as data analytics, fintech collaboration and innovation management.





We maintain a high focus on fintechs, leveraging new technologies to enhance our processes and customer offering. To facilitate the scouting and testing of fintech solutions, UniCredit has established a partnership with Plug and Play, a global innovation platform bringing together start-ups and corporations from main market sectors.


Recent innovation-rich activities include innovating our payment services with customers now able to use UniCredit cards in conjunction with Apple Pay, Google Pay and Alipay.

We also seized the Payment Services Directive 2 (PSD2) provisions as an opportunity to innovate our services to meet clients' changing needs, initiating the development of multi-banking functionalities.



Optimise our processes, services and ICT set up



Robust and secure ICT structures have always been fundamental to the efficacy of our processes and the advancement of our service model.

Investing in these measures is core to our strategic plan which is strongly focused on the migration towards direct, digital channels. During the course of the plan, we have committed an average of €900 million per year to IT improvements.


One example is our Paperless Bank programme. Through its deployment, our clients benefit from an improved customer experience thanks to the convergence of traditional in-branch transactions with simpler and quicker digital solutions and products. In-branch processes will be significantly optimised through the complete dematerialisation of documents, reducing operational risk and increasing efficiency.


At the same time, UniCredit is engaged in keep streamlining and simplifying processes and services, boosting the digitalization path and collaboration among people by equipping the Group with advanced tools.


With the support of Lean Six Sigma methodology and initiatives such Task Manager Project UniCredit fostered automation and process simplification, enhancing Group Operations back office productivity and accelerating efficiency.


Our Best Practice Sharing programme works to identify and replicate internal best practices in strategic areas of our business, such as customer experience and our Paperless Bank programme, thereby fostering best-in-class processes and accelerating progress.


The Remote Working Project is strategic to build the enablers needed to foster Remote Working in the Next Normal post-pandemic environment.

Fortifying our ICT security



Cyber-crime is a growing concern for the financial sector and beyond, requiring a high level of presidium to protect client and company data and assets. We defined a Security Roadmap 2020-2023 to enhance the protection of UniCredit assets and clients.


UniCredit's cyber security strategy centres on a continuous improvement model and a dedicated process and policy framework so as to respond effectively to the dynamism of the threat landscape and evolving regulatory requirements. Our cyber security strategy is cyclically monitored both internally and through third party assessments.


Approximately 430 full-time equivalents (FTEs) are dedicated to our ICT security activities and operations. Among the others, we deliver initiatives on prevention, risk mitigation and alignment with regulatory requirements. In addition to this, raising employee awareness is key in promoting safe behavior throughout the organisation thus, reducing vulnerability. Security training and tailored educational activities (e.g. periodic campaigns on phishing) provide a continuous learning process. 


In 2020, UniCredit launched the Security Culture and Culture Academy to focus on increasing awareness and education on security and cyber security topics, approximately 90,000 employees in more than 15 countries were reached by the initiative.

Our commitments on data


The use of data is key to providing the best possible service to our clients.

To this end, we are committed to ensuring data is managed and used in a transparent, secure and respectful way.


More info on our committments on data


ESG Targets

Updated on 02 April 2021.