Financial and retail technology company Diebold Nixdorf (NYSE: DBD) announced on Monday that it has been selected as one of 70 contributors to the European Central Bank's innovation platform exploring digital euro payment functionalities and use cases.

This initiative aims to develop a universally accepted form of digital cash within the European Union, complementing existing payment methods. Findings from the workstreams will be published later in 2025.

The company will integrate its Vynamic Transaction Middleware with digital euro interfaces, enabling banks to adopt new payment methods across ATM, point-of-sale and e-commerce channels without overhauling backend systems. The cloud-native platform supports both traditional card transactions and instant payments, as well as digital wallets, under a single system.

Diebold Nixdorf provides its solutions to leading global financial institutions and retailers, operating in over 100 countries with a workforce of around 21,000.