Swiss and Liechtenstein banks tend to retain their core systems
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AI-assisted source synthesis · not an independent investigation.
IFZ surveyed 63 banks in Switzerland and Liechtenstein. The results, published on November 11, 2026, show that most banks favor upgrading their core banking systems rather than replacing them entirely; 65% expect to still be using their existing systems in ten years. 95% are satisfied with the stability and reliability of their existing systems, but 64% are dissatisfied with their ease of use, and 61% believe innovation is slow. The survey also projects that, by 2029, the share of banks using their core systems to process payment transactions will fall from 67% to 52%.
AI-written from reports · updated 1 hour ago
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- Fintech News SwitzerlandSwiss and Liechtenstein banks are reluctant to fully replace their core banking systems
Banks in Switzerland and Liechtenstein are more inclined to upgrade their core banking systems than replace them entirely; an IFZ survey of 63 banks found that 65% expect to still be using their current systems in ten years. 95% said they were satisfied with the stability and reliability of their existing systems, but 64% were dissatisfied with their ease of use, and 61% felt that innovation was slow. By 2029, the share of banks whose core systems process payment transactions is expected to fall from 67% to 52%.
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