Crédit Agricole next bank (CA next bank) has become the first bank in Switzerland to put Avaloq’s new mobile banking system into operation, following a pilot programme for the local market.
The application is provided through a software-as-a-service (SaaS) setup and is intended to give the bank’s customers a secure and straightforward way to manage banking on mobile devices.
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It gives CA next bank more scope to widen digital self-service functions and introduce later changes at a faster pace as customer needs shift.
CA next bank chief digital & information officer Maxime Charton said: “The launch of our new app is an important step in strengthening our digital banking services. Our clients expect a simple and reliable way to manage their finances on their smartphone, and this was a key focus for us throughout the project. By working closely with Avaloq, we were able to pilot the solution in the Swiss market, refine it based on user feedback and become the first bank in Switzerland to bring it into production.”
Through the new app, users can handle more day-to-day banking tasks on their phones, including a broader set of payment and investment actions, as per the tech vendor.
Avaloq said the system will be updated on a regular basis, with additional functions introduced in line with CA next bank’s business requirements and customer needs.
The mobile banking system uses Avaloq’s architecture, separating the front-end interface from core backend systems.
This is intended to help CA next bank add features more quickly while preserving stability across its digital services.
The application also includes current authentication standards and real-time push alerts for day-to-day banking use.
Avaloq Switzerland and Liechtenstein managing director Christian Haux said: “This go-live with CA next bank marks the first deployment of our new Mobile Banking solution in Switzerland. It demonstrates how close collaboration with financial institutions helps us shape our solutions around real-world needs and make new capabilities available to our broader client community. We would like to thank CA next bank for its pioneering role and strong commitment to innovation.”
Earlier this year, CMB Monaco went live on the integrated Avaloq and Aladdin Wealth platform, streamlining its front-to-back-office operations.
