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Finance

Digital euro to use European standards instead of Visa, Mastercard

The European Central Bank will adopt three European open payment standards for the digital euro infrastructure to reduce reliance on Visa and Mastercard in the euro zone, BeInCrypto reported on April 26. The ECB signed agreements with the European Cards Payment Cooperation, the Nexo Standards and the Berlin Group. The standards cover contactless payments, merchant and ATM transactions, and account-based transfers. Separately, major European banks are expanding moves to embed cryptocurrency trading into existing regulated platforms.

AI & Enterprise

Sherpa Soft acquires SMT Information Technology to boost synergy in DB performance management

Sherpa Soft, a database performance management company, said on Sunday it signed an agreement to acquire management control of SMT Information Technology to strengthen its public sector business. The deal aims to combine Sherpa Soft’s database performance monitoring capabilities with SMT Information Technology’s strengths in public sector system integration maintenance and software development and supply. Sherpa Soft develops the Sherpa monitoring solution for commercial, open-source and cloud databases.

Crypto

Alchemy's CEO says crypto is financial infrastructure for AI agent era

As AI agents begin executing transactions as economic actors, crypto infrastructure may be better suited than traditional finance, Alchemy co-founder and CEO Nikhil Viswanathan (니킬 비스와나탄) said. He said modern finance is built around human conditions such as bank hours, national payment boundaries and physical identity. AI agents operate online, globally and without downtime. Viswanathan said crypto can meet needs for borderless microtransactions and code-based control of funds, and proposed a model where agents automate wallet management and transactions.