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In an age of digital transformation, SIX offers secure and convenient payment solutions for a sustainable Swiss financial center.
SIX offers smart, flexible solutions for banks issuing debit cards. Our issuing processing is precisely tailored to cardholders’ needs.
SIX Is the Go-To-Market Partner for ATM and Cash Solutions
SIX offers payments processing services between financial institutions.
Secure connection via a single, standardized platform
With b.Link, SIX makes available a platform for standardized interfaces (API, application programming interface) to financial institutions as well as to software and service providers. Platform participants connect with each other easily and securely. They exchange payment transaction data with each other in order to offer their customers innovative solutions for account information and payment submission.
A single standardized interface to SIX instead of many proprietary interfaces between financial institutions and third-party providers.
A single agreement with SIX instead of many individual agreements between financial institutions and third-party providers.
A platform with state-of-the-art, expandable technology for additional participants and new services.
Thanks to the Account Information Service (AIS) for accounting solutions and financial institutions, you as a software or service provider on behalf of your customer can access your customer’s bank account information via b.Link in a standardized and efficient manner, e.g. for reconciliation with your customer’s accounting.
Thanks to the Payment Submission Service (PSS) for accounting solutions and financial institutions, you as a software or service provider can use b.Link to efficiently and securely transmit your customer’s payments automatically to their bank. Your customer can then release the order directly in their e-banking.
It is always transparent for the customer which providers have access to their data. They can expand or end the access thereto. Information is exchanged online, always upon the customer’s consent (e.g. in their e-banking).
b.Link of SIX links the provider of your accounting solution directly with your financial institution, allowing access to account information (AIS) and automatic transfer of payment submissions (PSS).
Register at b.Link and you will get direct access to all important documents, technical aspects, price list, participants, etc.
With the b.Link platform, SIX creates the basis for innovative partnerships between financial institutions and third party providers. Using b.Link’s standardized interfaces (Application Programming Interfaces, APIs), they can securely connect and exchange data to offer new services to their customers. For example, the processing of account information and payment orders directly in the accounting software.
With open banking, financial institutions provide third party providers (e.g. providers of accounting solutions) with uniform interfaces for the exchange of financial data, especially customer data. The aim is to provide customers with a wide range of innovative solutions.
In Switzerland, b.Link supports financial institutions and third party providers in setting up and expanding such offerings by providing uniform interfaces, a uniform set of contracts and a standardized admission test.
Two services (applications) are currently available:
An application consists of two components: on the one hand, the API, i.e. the transferred data (e.g. account information), on the other hand, the earmarking (e.g. for accounting solution).
The data exchanged via b.Link is defined in the API specification in business and technical terms. This data may only be used for specific purposes. This means only for the purpose for which the end customer has given their consent.
Two applications are currently available via the b.Link platform “Account information for accounting solutions and financial institutions” and “Payment submission for accounting solutions and financial institutions”.
API stands for Application Programming Interface and is a technical interface that enables data to be exchanged between two parties.
Open banking uses APIs for a simple and secure exchange of financial data, in particular customer data, between financial institutions and third party providers (e.g. of accounting solutions).
The data exchanged via the b.Link platform (e.g. account information) between service providers and service users may only be used for specific purposes. This results in the application (e.g. “Account information for accounting solutions and financial institutions”).
A service user utilizes the customer data (account information or payment submissions) of a service provider on behalf of their customer. Both TPPs and financial institutions can participate as service users.
A service provider provides the service user with customer data (e.g. account information or payment submissions) via b.Link.
In order to exchange customer data between a service provider (e.g. financial institution) and a service user (e.g. accounting tool), the consent of the respective customer is indispensable. This means that the customer always has full control over their data and full transparency about who receives their data and what it is used for. They can revoke their consent at any time.
If you are an interested bank or a TPP, contact the product management directly.
As soon as a service provider (e.g. a financial institution) offers b.Link to its customers, end customers can activate the connection in the online banking system of the respective bank.
Registration is purely digital and takes place in three steps. The end customer logs into their e-banking system. There they determine the third party provider of their choice, to whom they wish to grant access to their accounts and/or allow payment orders to be debited from their accounts. The end customer finally logs in to their third party provider and receives an overview of their accounts linked via b.Link.
The legal framework is regulated by SIX in a uniform contract with each financial institution and each third party provider. This makes costly bilateral negotiations between individual participants unnecessary.
SIX conducts an admission test with all interested participants before they are connected to the platform. In this way, SIX guarantees the security of its partners in handling sensitive financial data.
The admission test consists of three parts: general test, IT security test, earmarking test.
The admission test is carried out once before participation in b.Link. The recurring annual test ensures compliance with the admission criteria during operation.
The b.Link platform allows participants to offer services as service providers and/or purchase services as service users. A service provider may charge the service user for their services.
SIX operates the platform and takes care for invoicing. The fees are settled in a pay-per-use model whenever possible.
In an initial phase, SIX offers participants who register for the platform as service users a discounted admission test. The promotion is valid for a limited time.
Contact the product management directly for further information.
For Q4 2020, SIX is looking for innovative pioneers who want to test this connection solution in technical terms and help shape it.
Do you want to take part? Then send an e-mail directly to the Product Management and we will be happy to contact you.
SIX operates the b.Link platform and offers it to financial institutions and third party providers. In this context, SIX charges service providers and service users fees for operating the platform. The service provider is free to charge the service user a service fee for offering the interfaces. Whether and in what form the service user passes on the costs incurred for the use of the interfaces to the end customer is a decision of the service user.
The financial institutions and third party providers listed below offer the services "Account Information (AIS) for accounting solutions and financial institutions" and "Payment Submission (PSS) for accounting solutions and financial institutions".
Use the link to connect directly to the b.Link participant of your choice.
SIX expands Open Banking offering in Switzerland through European collaboration.
Open banking presents banks with huge opportunities to satisfy their customers’ demand for new digital products. In opening up to third-party providers, they will need to deal with open banking. Are you ready?
What’s in it for banks? Is it just a question of technology? And is that even secure enough? Switzerland is still at the very beginning of its Open Banking journey. But by launching b.Link, SIX has started to change that – and dispel a few myths.