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ECB Picks Amazon, Nexi, 3 More to Prototype Digital Euro Apps

The organizations include Amazon, the world’s largest e-commerce company by market capitalization, and the European Payments Initiative, a group of 31 banks and credit institutions. The other participants, selected from 54 applicants because they met “specific capabilities” required to test a range of uses, are Spanish multinational CaixaBank, French payments platform Worldline and Italian payments-focused bank Nexi, the ECB said.