Credit Suisse has united with KLARA to become the first partners to be connected via the SIX platform “b.Link”.
The collaboration enhances support for SMEs through additional payment transaction applications, as Klara deepens its focus on simplifying Swiss finance.
In addition to the accounting solution that automatically communicates with relevant bank interfaces, KLARA is now using SIX’s standardised platform, b.Link, to send payment transaction data to Credit Suisse’s online banking platform easily and securely – with the client’s consent.
Renato Stalder, CEO of KLARA, stated: “The partnership between KLARA and Credit Suisse is taking an important step forward. With the automated bank connection via b.Link, the reconciliation of accounts for joint clients will be carried out automatically from KLARA, and their payments will be transmitted rapidly and easily to the bank. This saves Credit Suisse clients considerable effort, enabling them to spend more time focusing on their core business.”
Credit Suisse and KLARA have a strong rapport already, having united on the pilot phase of the SIX open banking initiative, where they helped shape the development of the b.Link platform.
As the first partners to be connected via this platform, the Lucerne-based digital assistant and the major Swiss bank now offer the option of transmitting payment transaction data and account information using b.Link. These additional applications are already available to SMEs.
Anke Bridge Haux, Head of Digitalization & Products at Credit Suisse (Switzerland) Ltd., added: “We want to offer innovative solutions that simplify the lives of our SME clients. That is why we’re making these solutions available to them online – where there is a need and where clients benefit directly.
“This is precisely what the ongoing expansion of our partnership with KLARA allows us to do: SMEs can take care of their finances efficiently and seamlessly on a single platform – from online credit applications and the entering of payment orders to digital account opening – all from a single source.”
