Avaloq Secures Mobile Banking Partnership With Four Swiss Banks

The participating institutions include Basellandschaftliche Kantonalbank, Basler Kantonalbank with Bank Cler AG, St Galler Kantonalbank AG, and Thurgauer Kantonalbank. While financial terms remain undisclosed, the project centers on a phased migration to Avaloq’s latest mobile banking architecture. The new application integrates essential retail functions such as trading, portfolio management, and real-time notifications, alongside mobile payment features including Apple and Google Pay.

Beyond immediate usability improvements, the partnership is designed to function as a collaborative blueprint for other cantonal banks. Avaloq, a subsidiary of Japan’s NEC Corporation, engineered the platform to grant individual banks the flexibility to add custom features over time. This approach seeks to balance the benefits of a shared technological foundation with the autonomy required by independent financial institutions.