Switzerland: Technology

The payment system stands at the center of financial system transformation, serving as trust infrastructure that must function correctly and securely at all times. This multi-layered organization distinguishes between infrastructure, payment system operators, and application levels, where innovation primarily occurs. With digitalization, the trust dimension gains further significance as cybersecurity becomes an integral part of the product rather than a cost factor.

Businesses frequently want to test new technology before committing to a full commercial contract. A supplier may offer a proof-of-concept (PoC) or pilot project to demonstrate how its software or platform works in practice.

Last year, Switzerland introduced new regulations governing automated driving in several respects. On March 1, 2025, Title IIa: "Vehicles with an automation system" (Art. 25a – 25h) was added to the Road Traffic Act (RTA).

The payment system stands at the center of financial system transformation, serving as trust infrastructure that must function correctly and securely at all times. This multi-layered organization distinguishes between infrastructure, payment system operators, and application levels, where innovation primarily occurs. With digitalization, the trust dimension gains further significance as cybersecurity becomes an integral part of the product rather than a cost factor.

Artificial intelligence (AI) now dominates the conversations I have with service professionals who are looking to strengthen their practices. Some are excited.

This full-day lecture explored how artificial intelligence (AI) is transforming contract lifecycle management (CLM) across its core phases – from intake and drafting through negotiation, execution, and obligation management...

The payment system stands at the center of financial system transformation, serving as trust infrastructure that must function correctly and securely at all times. This multi-layered organization distinguishes between infrastructure, payment system operators, and application levels, where innovation primarily occurs. With digitalization, the trust dimension gains further significance as cybersecurity becomes an integral part of the product rather than a cost factor.

As a third country, Switzerland is obliged neither by a bilateral nor by a multilateral agreement to transpose EU secondary law in the field of financial services. The bilateral agreements between Switzerland and the EU do not contain a market access agreement for financial services. PSD3 and PSR will therefore have no direct effect in Switzerland. Swiss payment service providers are primarily governed by Swiss law

Payment Instrument Institutions must hold any "client money" as deposits with a Swiss bank or another Payment Instrument Institution, or as HQLA with short term maturity in a bankruptcy-remote manner...