No. For US citizens, the passport is the only recognized form of ID. I can't see Italy accepting a Global entry card for the USA as a passport, but maybe I am wrong. My basis for that is that Global Entry is a US facility and so unlikely to be any use at all in Italy.
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Like Global Entry, Germany's EasyPASS allows travelers to bypass customs interviews and move through automated border control at seven German airports (Frankfurt am Main, Munich, Cologne/Bonn, Dusseldorf, Berlin-Schönefeld, Berlin-Tegel, and Hamburg) with 153 eGates: All you have to do is scan your passport, glance at ...
Global Entry provides expedited U.S. customs screening for international air travelers when entering the United States. Global Entry members also receive TSA PreCheck® benefits as part of their membership.
No, it is not necessary to obtain a Global Entry card to continue using Global Entry an airport. A card is only required for expedited entry at the SENTRI and NEXUS lanes coming into the United States.
Answer: The transport of personal cash or equivalent items is permitted for overall amounts of less than 10,000 euro. In excess of this limit, it is necessary to complete a declaration, to be signed and lodged exclusively at the customs office when entering or leaving Italy.
You'll go through customs and immigration both ways on an international trip—when you arrive in the foreign country you're visiting, and again when you return to your home country from abroad.
For example, if your final destination is Paris, France, but you have a layover in Madrid, Spain, you will actually go through customs in Spain, not France. Then, when you arrive in Paris, you won't go through customs a second time. You will be free to grab your bags from the terminal and leave the airport.
If you are an international traveler, you'll likely benefit more from Global Entry. However, if you only travel domestically, TSA Precheck is a fantastic option. TSA PreCheck comes with: “Fastpass” through airport security - expedited security screening for low-risk travelers departing from U.S. airports.