Four leading Swiss cantonal banks — Basellandschaftliche Kantonalbank, Basler Kantonalbank, Bank Cler AG, St. Galler Kantonalbank AG, and Thurgauer Kantonalbank — have selected Avaloq to upgrade their mobile banking services for approximately one million clients.
The initiative follows a joint effort by the banks to identify technology partners that support their digital transformation strategies while improving customer experience. The rollout will take place in phases as the institutions migrate to Avaloq’s next-generation mobile banking platform.
The new mobile app offers enhanced usability, performance, and flexibility, while providing a foundation for future innovation. Features include portfolio management and trading capabilities, customizable dashboards, real-time notifications, Apple Pay and Google Pay integration, credit card management, and the ability for banks to independently add new functionalities over time.
Beyond the technology upgrade, the project is intended to strengthen cooperation among Swiss cantonal banks by creating a shared framework for digital innovation and customer experience improvements.
Manuel Niederkofler, Head of IT at Thurgauer Kantonalbank, said Avaloq was selected due to its strong banking technology expertise, ongoing investment in innovation, and collaborative approach. Christian Haux, Managing Director for Switzerland and Liechtenstein at Avaloq, noted that growing demand for intuitive digital services has made mobile banking a strategic priority for financial institutions.
The partnership highlights the increasing focus among regional banks on modern digital channels as customer expectations for mobile-first banking continue to rise.