Efficient accounting with ti&m Open Banking for LUKB

With the integration of cloud-based software such as bexio and KLARA, bank customers can connect to e-banking via self-service and perform many accounting tasks, such as importing account statements or sending payment orders directly from the accounting software. It is efficient, quick and secure.

LUKB’s SME customers are increasingly using cloud-based ERPs, such as the accounting software bexio. For these customers, connecting their ERPs to their e-banking is very time-consuming, as they have to buy and maintain the EBICS connection themselves. bLink simplifies the connection considerably: banks and third-party providers only need to sign a single participation agreement with SIX. SIX also handles the verification of participants for admission to the data exchange. End customers can connect their accounting directly to their e-banking via self-service and thus import account statements and send payment orders directly to the bank.

ti&m Open Banking lays the foundation for further use cases

By connecting third-party providers quickly and easily, the bank can gradually provide its customers with additional third-party providers and digital services – such as portfolio management software for external asset managers – to make their banking business easier and faster.

ti&m Open Banking

The components of ti&m Open Banking

ti&m Banking Integration

ti&m Banking Integration automates the exchange of data between core banking systems and third-party systems. This reduces the complexity of integration projects and enables the development of new front-end applications independently of the core banking system.

More details

ti&m bLink adapter for data providers

The ti&m bLink adapter for providers connects the bank to the third-party provider via bLink. The adapter manages request authentication and provides data from the core banking system via standardized APIs from bLink.

Consent management

Consent management enables the bank and customers to manage the third-party provider’s access to bank data. The customer and the bank are free to decide which accounts can be accessed.

ti&m bLink adapter for data users

The ti&m bLink adapter for users requests data from third parties and makes it available to the end customer.

Product Manager

Thimo Schinagl

You too can benefit from efficient accounting with ti&m Open Banking!