Focus
AI has become indispensable in everyday banking. High-quality payment data is critical for personalized experiences and efficient AI applications. Payment enrichment improves data quality and optimizes key processes.
8 July 2026
5 minutes
In Switzerland, the outdated direct debit procedures LSV+ and BDD will be discontinued in 2028. Starting in 2025, eBill Direct Debit will be introduced as a new collection procedure to meet the increased digital requirements.
5 December 2024
Switzerland has strict data protection regulations, but open finance is not yet anchored in law. Multibanking initiatives by 2025 will enable private customers to securely exchange their financial data with third-party providers, giving them more control and transparency.
5 September 2024
6 minutes
From 20 August 2024, instant payments will enable immediate and final transfers. Six leading Swiss banks, covering over 90% of payment transactions, are preparing for this. They are developing customer-oriented strategies and integrating instant payments into their systems.
6 June 2024
7 minutes
The introduction of token money is imminent. Conventional means of payment are inefficient, and stablecoins and crypto money are too volatile. Central banks and private issuers are working on stable, programmable currencies to increase efficiency and enable new business models.
8 March 2024
The SNB is launching a pilot program for central bank digital currency (wCBDC) on the SIX Digital Exchange. Pilot banks can settle transactions in wCBDC to increase efficiency and security. The pilot program will run until mid-2024 and is designed to minimize settlement risks.
5 December 2023
Convenience and real-time processing are important in the digital payments world. Service providers must develop innovative methods to cope with cost pressures. Technological developments such as contactless payments and biometric authentication are becoming increasingly important.
6 September 2023
Experts discuss the introduction of instant payments in Switzerland. These will be available 24/7 and enable immediate, irrevocable transactions. The advantages include increased security, transparency, better financial planning for all, and the potential for new services.
1 June 2023
8 minutes
Technical innovations such as NFC and the tokenization of cards in digital wallets are driving the development of payments. They are increasingly being made via mobile devices because they are more convenient. Embedded payments and invisible payments are becoming more and more important.
15 March 2023
The TARGET2/T2S consolidation, which is also referred to as a Big Bang, will mark a changeover with a certain bombshell effect.
7 December 2022
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