MILAN (Reuters) – Italian investment fund FSI said on Monday it would take a 60% stake in the payment activities of Italian cooperative bank Iccrea Banca in a 500 million euro ($560 million) deal, after a spate of acquisitions in Italy’s payment sector. Electronic payments are catching on rapidly in Italy, but are still below the European average, with cash widely used and Italy’s Nexi last year finalised a tie up with smaller rival SIA to form one of Europe’s largest payment groups. FSI and Iccrea said in a joint statement they had signed an agreement to develop BCC Pay, which gathers Iccrea’…