Fintech and open finance are continuously expanding the traditional banking models that financial service providers use. Open banking and Banking as a Service (BaaS) are set to influence and change the financial industry in the long run – even in Switzerland. They will create an ecosystem that harbours tremendous potential for all market players. Shape the future with Ergon. Together, we can open up interfaces for a flexible, maximum-security and customer-focused service portfolio.
How Ergon can boost your API banking
-
One centralised interface – endless possibilities
-
Better return on investment, greater flexibility and faster response times
-
More opportunities to access additional sources of revenue
-
Optimised customer experiences
-
Innovation enabler
-
Positioning as a digital trailblazer
“Open banking is all about teamwork. The success factors behind this are a common understanding of values, strong concepts and professionalism in implementation!”
How you benefit from Banking as a Service (BaaS)
Easily seize opportunities for growth
Scale traditional business models, tap into new markets with new partnerships and get actively involved in shaping the Swiss financial market.
Shorten time-to-market
Thanks to new cooperative relationships and efficient connection to specialised services, you can quickly respond to changes on the market, increasing your competitiveness.
Slimmer infrastructure, lower costs
Standardised interfaces make slimming down your IT infrastructures a far easier and more efficient process. This also helps you to cut development costs.
Services that are fully focused on customers
As you can quickly and flexibly expand your range of digital solutions, you can take your customer experiences to the next level and set the stage for further innovation.
How do open banking and Banking as a Service (BaaS) differ?
With Banking as a Service, banking products (such as current accounts or credit cards) from third-party providers can be made available over secure interfaces (APIs). Open banking is primarily aimed at financial institutions. It gives customers greater control over their financial information and allows them to access a wider range of financial services.
Further topics
Finnova launches Open Banking as a Service solution
Finnova launches Open Banking as a Service solution. Ergon's Swiss open banking solution is a central part of the as-a-service product.
Dreams as a source of innovation
Marianne Wildi, the CEO of Hypothekarbank Lenzburg, speaks about disrupting the sector, fighting for her dreams, and how her bank might look in 300 years.
Open banking in Switzerland? Not so fast!
The brakes are still on open banking in Switzerland. Examples from the UK show that smart regulation releases enormous potential for banks and fintechs.