Technological progress

By investing in digital infrastructures and working together with fintechs, the banks in Switzerland strengthen the financial centre’s competitiveness – be it through contactless and instant payments or new business models. The focus is always on security, data protection and benefits for customers. Some 90% of the population already use e-banking or mobile banking, and around 16% do all their banking digitally. Companies also benefit from digital solutions such as automated payments and seamless integration into accounting systems. This way, banks don’t just make people’s lives easier day to day, they also promote digital take-up, efficiency and innovation in business and society.