ECB Concludes a Framework Agreement With Giesecke+Devrient, and Its Partners Nexi and Capgemini to Deliver Offline Solution for the Digital Euro [Yahoo! Finance]
CAPGEMINI SE UNSP/ADR (CGEMY)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance
the conclusion of the framework agreements for each of the five digital euro negotiated procurement procedures (also see the notice view in the Official Journal of the EU ). A cooperation between Giesecke+Devrient (G+D) partnering with Nexi and Capgemini has now been selected as the first ranked tenderer in the framework agreement to provide an end-to-end solution to make digital euro payments offline available to users and merchants across Europe. The ability to pay offline, with no third-party involvement, is a key feature of the digital euro, which would ensure privacy and resilience as only cash does today. A digital euro, issued by the Eurosystem, would be a complement to banknotes and coins, intended to give citizens more freedom of choice when paying digitally in the future. Like cash, it would be available to everyone, at anytime and anywhere as a universally accessible means of payment in the euro area. From the outset, the ECB defined an offline capability as an essential
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