The migration of the Interbank Corporate Banking Network, used by over 3 million companies in Italy, in addition to retail customers and the public administration (services managed within it), to the CBI Hub Cloud is expected to unlock a true technological paradigm shift. The CBI Hub Cloud project represents a significant innovation effort, engaging over the past four years all ecosystem players - banks, technical structures, industry associations, and authorities. It aims to transform the network infrastructure managing over 60 multi-banking payment, collection, and information functions between Italian companies and towards public administration, from proprietary protocols to virtualised and centralised solutions based on even more modern, flexible, and scalable open standard network protocols. This transformation will enable PSPs to offer their corporate and retail clients as well as the public administration more advanced real-time transactional and open finance services, significantly enhancing efficiency, security, and integration levels in the payment market among all stakeholders in our country. CBI Hub Cloud, housing centralised processing, diagnostics, and monitoring functions, will serve as the backbone structure from which all evolutions of the services hosted on the new infrastructure will originate, in addition to offering more online functionalities supported by modern Application Programming Interface (API) technology, ensuring improved time-to-market for service releases and better performance monitoring by CBI. CBI Hub Cloud, housing centralised processing, diagnostics, and monitoring functions, will serve as the backbone structure with a capacity to adapt and evolve to host new services and functionalities supported by modern Application Programming Interface (API) technology, ensuring improved time-to-market of new services and better performance monitoring by CBI. Implemented in collaboration with Nexi, the leading Italian PayTech in Europe that built the technological infrastructure, the new CBI Hub Cloud architecture - now fully operational - perfectly aligns with the company’s commitment to embracing modern technologies introduced by PSD2, which form the basis of open banking today. "The migration to the brand-new CBI Hub Cloud infrastructure represents a fundamental milestone in our innovation journey," commented Liliana Fratini Passi, Managing Director of CBI. "allowing us to consolidate all of our services into a single technological ecosystem. CBI Hub Cloud not only enables centralised - and consequently improved - management of all our processes but also enables our clients more efficient, secure and precise management of offerings to their customers. Thus, CBI Hub Cloud will empower us in strengthening our role as a lead company in developing digital payment services and open finance, supporting the international financial sector, facilitating real-time collaborative dialogue among various market players - citizens, businesses, banks, intermediaries, fintech, and public administration – through the use of technologies that adhere to the highest security requirements."