ECB Taps 36 Firms Including Deutsche Bank and Revolut for Digital Euro Pilot
28 Articles
28 Articles
The European Central Bank (ECB) has taken the digital euro project to the next stage.
ECB Taps 36 Firms Including Deutsche Bank and Revolut for Digital Euro Pilot
The European Central Bank selected 36 payment service providers from across the euro area on Tuesday to test a beta version of the digital euro, naming banks and fintechs including Deutsche Bank, Revolut, UniCredit, Adyen and Worldline for a 12-month pilot due to begin in the second half of 2027. The firms were drawn from 50 applicants, its clearest operational step yet toward a central bank digital currency. The pilot will run at the ECB and 19…
The European Central Bank unveils the 36 providers that will participate in the pilot of the digital euro, including Deutsche Bank, UniCredit and Revolut. A key step before a possible launch in 2029, as Europe seeks to free itself from Visa, Mastercard and American stables.
The BPCE banking group (Bank Populaire Caisse d'Epargne) is the only French banking group that will participate in the pilot test of the digital euro. It was accepted by the European Central Bank (ECB) on 14 July in the list of providers (more...)This article Digital Euro: BPCE only French banking group participating in the pilot test in 2027 appeared first on The Digital Review.
ECB picks 36 banks and firms to pilot the digital euro
The European Central Bank (ECB) has chosen three dozen participants for a year-long digital euro pilot to test the new incarnation of the common currency. The group includes banking and non-bank financial institutions, from Deutsche Bank to Revolut, and the trials will be facilitated by national monetary authorities. Payment service providers to test digital euro functionalities The ECB has selected 36 payment service providers (PSPs) to take pa…
The European Central Bank is taking the next step in the digital euro. For a twelve-month pilot project, the ECB has selected 36 payment service providers from the euro area to test technology and operation under realistic conditions. From Germany, Deutsche Bank, DZ Bank, Landesbank Hessen-Thuringia, PAYONE and RS2 Financial Services are involved. According to the ECB, the test is to begin in the second half of 2027. Payments via smartphone are …
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